Mount Airy, MD Multifamily properties for sale

Updated: Apr 18

Mixed-Use Income Portfolio with Auto Repair

16700 FREDERICK Road, Mount Airy, MD 21771

$774,900

8,566 sqft 1.00 AC lot

Mt. Airy mixed‑use portfolio with 4 income‑producing units at 16700–16708 Frederick Rd (Route 144)
Includes a single‑family home, residential duplex, and commercial auto repair shop with associated garage and gravel lot
100% occupied generating $74,160 in current gross rental income; rents are below market
Mark‑to‑market opportunity of at least $20,400 annually upon lease rollover; tenants on monthly renewals
Heating: forced air; cooling includes window units and ceiling fans

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This listing looks promising.

Here's a quick look at some key insights for

16700 FREDERICK Road, MOUNT AIRY, MD 21771

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$66K
Annual
Price @ 7% Cap

$945K
Above asking

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Updated: Jul 30

Updated Four-Home Quadplex

4224 ROOP Rd, Mount Airy, MD 21771

$1,050,000

Four homes in one quadplex property
Updated and described as move‑in ready
Currently served by one meter
Ability to separate the meters if desired
Built in 1980

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Airy, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Updated Two-Unit Duplex

804 804-6 E South St, Frederick, MD 21701

$595,000

3,000 sqft 0.30 AC lot

Two recently updated rental units on a 0.3-acre site with M2 zoning.

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Turnkey 4-Unit Residential Property

24 HAMILTON Avenue, Frederick, MD 21701

$699,999

2,420 sqft 0.18 AC lot

Certified lead-free four one-bedroom units with coin-operated laundry and potential vacancy flexibility for owner-occupants.

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Colonial Duplex with Updated Roof

90 LIBERTY Street, Westminster, MD 21157

$295,000

1,520 sqft 0.16 AC lot

Two-kitchen layout with off-street parking, attic storage, and a blend of masonry and aluminum siding.

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Farm with Cropland and Woodland

3026 MARSTON RD, Westminster, MD 21157

$1,725,000

130.18 AC lot

Agricultural property with two homes, multiple outbuildings, and a stream across cropland and woodland.

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Off-Market Properties in Mount Airy, MD

Consider similar Off-Market properties in Mount Airy, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

13701 Old National Pike, Mount Airy, MD 21771-5241

$515,000

Estimated value

361 sqft 10.04 AC lot

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Mount Airy, MD Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Mount Airy, MD on our real estate platform. These investment opportunities span a total of 8,566 square feet of properties for sale, with an estimated market value of $1,824,900.

Sale prices for multifamily properties in Mount Airy, MD start at $774,900, averaging $912,450, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
21771	$862.5K

Neighborhood

Average Price

21771

$862.5K