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    Lonaconing, MD
    Multifamily

    Lonaconing, MD Multifamily Properties for Sale

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    Midland, MD Frostburg, MD Westernport, MD Eckhart Mines, MD Rawlings, MD Cresaptown, MD Salisbury, PA Cumberland, MD
    Three-Unit Multifamily Property
    Updated: Jul 13
    Three-Unit Multifamily Property

    16307 GOLD RUN Road SW, Lonaconing, MD 21539

    $230,000
    2,128 sqft 0.37 AC lot
    Three apartments totaling 2,128 square feet on a 0.37‑acre lot
    Unit mix: 2‑bedroom, 1‑bath; 1‑bedroom, 1‑bath; and 3‑bedroom, 1‑bath
    One apartment is vacant
    Separate water and electric meters for all units
    Heat pump with central A/C; public sewer and public water or backup well
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    Two-Unit Colonial Duplex
    Updated: Jun 21
    Two-Unit Colonial Duplex

    17 PARK, Lonaconing, MD 21539

    $125,000
    2,625 sqft 0.14 AC lot
    Two 2‑bedroom units within a 2,625‑square‑foot duplex
    Built in 1925 with Colonial architectural styling
    0.14‑acre level lot
    Basement included
    Forced‑air heating and central air conditioning
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    One-Level Triplex
    One-Level Triplex

    16307 Gold Run Road SW, Lonaconing, MD 21539

    $230,000
    2,128 sqft 0.36 AC lot

    Separate water and electric meters serve the three residential units.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex Property
    Two-Unit Duplex Property

    17 PARK, Lonaconing, MD 21539

    $125,000
    2,625 sqft

    Two-bedroom residences offer a duplex configuration on a level lot with on-street parking.

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    4 active listings match your search: Multifamily for sale in Lonaconing, MD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Remodeled Unit
    Duplex with Remodeled Unit

    14818 BROADWAY Avenue SW, Midland, MD 21532

    $130,000
    2,100 sqft 0.10 AC lot

    Two-unit residential property with separate living areas, enclosed porches, and one unit undergoing remodeling.

    View details
    Mixed-Use Bar and Residential Property
    Mixed-Use Bar and Residential Property

    14811 BROADWAY, Midland, MD 21532

    $90,000
    2,720 sqft

    Mixed-use property with three residential units and potential bar/tavern use, with outdoor pavilion/side yard space.

    View details
    Mixed-Use Property with Pavilion
    Mixed-Use Property with Pavilion

    14811 Broadway St, Frostburg, MD 21532

    $90,000
    2,720 sqft

    Three residential units and outdoor amenity space support a flexible mixed-use configuration.

    View details
    Student Housing Portfolio
    Student Housing Portfolio

    180 BOWERY St, Frostburg, MD 21532

    $2,500,000

    Executed student leases cover the upcoming 2026/2027 academic year, with the properties located within walking distance of Frostburg State University.

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    Lonaconing, MD Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Lonaconing, MD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,506 square feet of properties for sale, with an estimated market value of $710,000.

    Sale prices for multifamily properties in Lonaconing, MD start at $125,000, averaging $177,500, and reaching up to $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Triplexes 2

    Demographics Overview

    Population 1,846
    Population Growth (5Y) -34.2%
    Median Household Income $51,667
    College Educated 24.3%

    High-Yield Neighborhoods for Investment

    Identify Lonaconing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21539 $125K

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $20.55 per SF
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Allegany County

    Residential Income

    How Realmo verifies these figures

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