Multifamily

Lonaconing, MD Multifamily Properties for Sale

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Frostburg, MD Midland, MD Barton, MD Westernport, MD Eckhart Mines, MD Rawlings, MD Cresaptown, MD Cumberland, MD
Duplex Investment with Two 2-Bed Units
Updated: Jun 21
Duplex Investment with Two 2-Bed Units

17 PARK, Lonaconing, MD 21539

$135,000
2,625 sqft 0.14 AC lot
1925 duplex with Colonial architectural style
Two 2‑bedroom units with flexibility to stay a duplex or convert to a single‑family home
Heating: forced air; cooling: central air
Level lot with on‑street parking
Basement included
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Duplex with Two 2-Bedroom Units
Updated: Jun 17
Duplex with Two 2-Bedroom Units

17 Park Lonaconing Md 21539, Lonaconing, MD 21539

$135,000
2,625 sqft
Duplex with two 2‑bedroom units
Offered in need of TLC
Property can remain a duplex or be converted into a single‑family home
Level lot with on‑street parking
In city limits (Allegany County, MDAL9 area)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lonaconing, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Retail Storefront with Upstairs Apartments
Retail Storefront with Upstairs Apartments

39 S Broadway Street, Frostburg, MD 21532

$260,000
4,080 sqft

Street-level storefront paired with two one-bedroom apartments above, offering flexible income space in Frostburg.

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Duplex With Two Bedroom Units
Duplex With Two Bedroom Units

14818 Broadway Street, Midland, MD 21532

$130,000
2,100 sqft

Duplex for sale with two 2-bedroom, 1-bath units, each featuring an eat-in kitchen and enclosed porches.

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Mixed-Use Bar and Residential Property
Mixed-Use Bar and Residential Property

14811 BROADWAY, Midland, MD 21532

$100,000

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

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Student Housing Portfolio
Student Housing Portfolio

114 Bowery Street, Frostburg, MD 21532

Contact for pricing

Turn-key 59-unit student housing portfolio with pre-leased revenue serving Frostburg State University.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Ready for Development
Land Ready for Development

1 Smithfield Dr, Smithfield, PA 15478

$275,000
8.00 AC lot

8-acre land parcel zoned for mobile home park.

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Morgantown Land For Development
Morgantown Land For Development

595 Wades Run and Bowlby Road, Morgantown, WV 26501

$2,726,800
68.17 AC lot

68+/- acre parcel suitable for residential or industrial development.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Land with Existing Septic and Well
Land with Existing Septic and Well

18531 Blackberry dr, Three Springs, PA 17264

$38,900
1.78 AC lot

Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

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Lonaconing, MD Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Lonaconing, MD on our real estate platform. These investment opportunities span a total of 5,250 square feet of properties for sale, with an estimated market value of $270,000.

Sale prices for multifamily properties in Lonaconing, MD average $135,000 — 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

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 $135K

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)

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