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    Thurmont, MD
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    Thurmont, MD Multifamily Properties for Sale

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    Smithsburg, MD Frederick, MD Rocky Ridge, MD Myersville, MD Emmitsburg, MD Walkersville, MD Highfield, MD Woodsboro, MD
    Fully Leased 5-Unit Apartment Building
    Updated: Jul 18
    Fully Leased 5-Unit Apartment Building

    231 N Church St, Thurmont, MD 21788

    $519,999
    5,096 sqft
    Fully leased 5‑unit building in Thurmont
    Total monthly income of $4,875
    Unit mix: four 1 bed/1 bath and one 2 bed/1 bath apartment
    Tenants pay their own electric; each apartment is separately metered
    Owner pays water/sewer and trash
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    Fully Leased 5-Unit Apartment Building
    Updated: Mar 29
    Fully Leased 5-Unit Apartment Building

    229-231 N Church Street, Thurmont, MD 21788

    $519,999
    5,096 sqft
    Fully leased 5‑unit apartment building
    5,096 square feet built in 1890
    Unit mix includes four 1‑bedroom/1‑bathroom apartments and one 2‑bedroom/1‑bathroom apartment
    Each apartment is separately metered for electric
    Tenants pay their own electric; owner pays water/sewer and trash
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    Two-Unit Duplex with Parking
    Two-Unit Duplex with Parking

    27 N Carroll St, Thurmont, MD 21788

    $200,000
    1,572 sqft

    Two residential units provide four bedrooms, with separate electric metering and water and sewer service included.

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    See what stands out in Frederick County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    4 W Main Street, Thurmont, MD 21788

    Contact for pricing
    13,000 sqft

    Gutted mixed-use building offers flexible configuration for multiple commercial units and apartments near major roadway access.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Thurmont, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

    Brick and Stucco Apartment Building
    Brick and Stucco Apartment Building

    501 W Main St, Emmitsburg, MD 21727

    $600,000
    7,050 sqft

    Six-unit apartment building with parking options and unit-level updates, offered with owner-managed common area responsibilities.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    501 MAIN STREET, Emmitsburg, MD 21727

    $600,000
    7,050 sqft

    Downtown multifamily property with updated flooring, kitchen improvements, and multiple parking options.

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    Two-Unit Duplex Investment Property
    Two-Unit Duplex Investment Property

    29 N MAIN ST N, Smithsburg, MD 21783

    $299,900
    1,732 sqft

    Top-and-bottom configuration includes two leased two-bedroom residences in the Smithsburg school district.

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    Top-and-Bottom Duplex Investment
    Top-and-Bottom Duplex Investment

    29 N MAIN Street N, Smithsburg, MD 21783

    $299,900
    1,732 sqft 0.50 AC lot

    Two two-bedroom rental units with existing lease terms, offering steady income potential in a strong school district.

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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 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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    Off-Market Properties in Thurmont, MD

    Consider similar Off-Market properties in Thurmont, 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.

    Sandy Spri Sandy Spring Ln
    Residential income properties

    Sandy Spri Sandy Spring Ln, Thurmont, MD 21788

    Value Estimation by Request
    3.75 AC lot
    View details

    Thurmont, MD Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Thurmont, MD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,764 square feet of properties for sale, with an estimated market value of $1,239,998.

    Sale prices for multifamily properties in Thurmont, MD start at $200,000, averaging $413,332, and reaching up to $519,999 — 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

    Apartment buildings 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +3.1%
    Median Household Income $93,717
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21788 $413.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $24.36 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Frederick County

    New Delisted

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