Allegany County, MD Residential income properties for sale

Historic Residence with Commercial Addition

$875,000

5,700 SF

Historic Residence with Commercial Addition

58 FROST AVE, Frostburg, MD 21532

Historic Frostburg residence with modern commercial-grade addition and development potential.

Large historic residence built in 1848, offering 5,700 sq ft +/-.
Features a massive 8,000 sq ft +/- modern commercial‑grade addition (steel and masonry).
Potential for up to 6 B&B rooms (zoning approval required).
Opportunity for home occupation, additional garages, or conversion for additional units (with BZA approval).
Plans to divide another building lot off of the rear corner.

Updated: May 23

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Renovated Multifamily Property in Westernport

$314,900

5,044 SF

Renovated Multifamily Property in Westernport

136 WAVERLY Street, Westernport, MD 21562

Turnkey 6-unit multifamily property with income potential after 2024 renovation.

Ready‑to‑go earning power with quick potential cash flow.
Extensive renovation completed in 2024.
Minimal hands‑on management needs.
Location consistently attracts quality tenants.
Six‑unit multifamily property on just under an acre.

Updated: May 21

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Income-Producing Triplex in Cumberland, MD

$115,000

2,052 SF

Income-Producing Triplex in Cumberland, MD

Triplex with income potential near downtown Cumberland.

214 S CENTRAL Avenue, Cumberland, MD 21502

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$130,000

2,100 SF

Midland Duplex: Investment Opportunity

Duplex with income potential in Midland, Maryland.

14818 BROADWAY Avenue SW, Midland, MD 21532

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$139,999

3,078 SF

CUMBERLAND Duplex with Renovations

Well-maintained duplex unit with recent renovations and new flooring.

223 GRAND Avenue, Cumberland, MD 21502

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$139,999

3,078 SF

CUMBERLAND Duplex with Recent Updates

Well-maintained duplex unit with new flooring and recent updates.

221 GRAND Avenue, Cumberland, MD 21502

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$145,000

1,812 SF

Frostburg Duplex with Updates

Updated Frostburg duplex with rental history and off-street parking.

147 W MECHANIC Street, Frostburg, MD 21532

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Cumberland Multifamily Investment Opportunity

$225,000

2,395 SF

Cumberland Multifamily Investment Opportunity

Five-unit multifamily property in Cumberland, Maryland, fully rented.

807 BEDFORD Street, Cumberland, MD 21502

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$269,000

2,794 SF

Quadplex with Common Laundry

Four-unit residential income property with an updated roof, rear deck, and shared laundry facilities.

36 E ROBERTS Street, Cumberland, MD 21502

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Income-Producing Duplex with Rental Potential

$139,000

1,600 SF

Income-Producing Duplex with Rental Potential

Duplex with two units, steady rental income, convenient location.

268 E MAIN Street, Frostburg, MD 21532

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Historic Cumberland Multi-Family Opportunity

$140,000

2,340 SF

Historic Cumberland Multi-Family Opportunity

Multi-family or commercial property in Historic Downtown Cumberland.

124 BEDFORD Street, Cumberland, MD 21502

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Five-Unit Apartment Building in Cumberland

$200,000

3,544 SF

Five-Unit Apartment Building in Cumberland

Five-unit apartment building with income potential in Cumberland, Maryland.

511 SHRIVER Avenue, Cumberland, MD 21502

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$159,000

1,502 SF

Updated Duplex with Rental History

Two-unit duplex in Frostburg, MD, fully rented and updated.

24 HILL Street, Frostburg, MD 21532

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Retail/Deli Opportunity in Cumberland, MD

$285,000

0.05 Acres

Retail/Deli Opportunity in Cumberland, MD

Established deli business and property for sale in Cumberland.

2 DECATUR ST, Cumberland, MD 21502

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$179,000

2,248 SF

Updated Duplex in Cumberland, MD

Remodeled duplex with new features, ideal for investment or living.

449 COLUMBIA Street, Cumberland, MD 21502

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$75,000

1,524 SF

Charming Duplex in Westernport, MD

Charming duplex in Westernport, MD, ideal for investment.

523-525 MARYLAND Avenue, Westernport, MD 21562

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$325,000

5,044 SF

Renovated Multifamily Property

Six-unit property with earning potential after 2024 renovation.

136 Waverly Street, Westernport, MD 21562

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$68,500

2,080 SF

Duplex with Separate Gas Meters

Duplex offering three bedrooms on each side with separate gas meters per unit, suited for income-focused buyers.

530/532 WOODSIDE Avenue, Cumberland, MD 21502

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$2,500,000

74,309 SF

Student Housing Portfolio

Auction sale of a 43-property, 59-unit student housing portfolio with existing leases for the 2026–2027 academic year.

70 E College Avenue, Frostburg, MD 21532

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$75,000

2,856 SF

Income Producing Cumberland Duplex

Income-generating duplex in Cumberland, MD. Leased at $1,550 monthly.

704 BAKER Street, Cumberland, MD 21502

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$129,999

0.02 Acres

Retail Building with Upstairs Apartment

Mixed-use retail space with a one-bedroom apartment upstairs offers convenient live-and-work flexibility in Frostburg.

26 W MAIN Street, Frostburg, MD 21532

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$599,500

Frostburg Apartment Complex Investment Opportunity

Seven-unit apartment complex near downtown Frostburg and Frostburg State University.

27 FIRST St, Frostburg, MD 21532

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$570,000

Multifamily Property with Rental History

Investment opportunity with great rental history and recent updates.

324 FAYETTE St, Cumberland, MD 21502

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Five-Story Commercial Asset in Cumberland

$320,000

19,480 SF

Five-Story Commercial Asset in Cumberland

Historic building with redevelopment potential in revitalizing downtown Cumberland.

145 Baltimore St, Cumberland, MD 21502

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Allegany County, MD Residential Income Properties Investment Opportunities Market Analysis

Explore 68 residential income properties for sale in Allegany County, MD, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 189,535 square feet of properties for sale, with an estimated market value of $8,837,448.

Sale prices for residential income properties in Allegany County, MD start at $70,000, averaging $285,078, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Allegany County, MD Residential Income Properties for Sale

58 FROST AVE, Frostburg, MD 21532

136 WAVERLY Street, Westernport, MD 21562

214 S CENTRAL Avenue, Cumberland, MD 21502

14818 BROADWAY Avenue SW, Midland, MD 21532

223 GRAND Avenue, Cumberland, MD 21502

221 GRAND Avenue, Cumberland, MD 21502

147 W MECHANIC Street, Frostburg, MD 21532

807 BEDFORD Street, Cumberland, MD 21502

36 E ROBERTS Street, Cumberland, MD 21502

268 E MAIN Street, Frostburg, MD 21532

124 BEDFORD Street, Cumberland, MD 21502

511 SHRIVER Avenue, Cumberland, MD 21502

24 HILL Street, Frostburg, MD 21532

2 DECATUR ST, Cumberland, MD 21502

449 COLUMBIA Street, Cumberland, MD 21502

523-525 MARYLAND Avenue, Westernport, MD 21562

136 Waverly Street, Westernport, MD 21562

530/532 WOODSIDE Avenue, Cumberland, MD 21502

70 E College Avenue, Frostburg, MD 21532

704 BAKER Street, Cumberland, MD 21502

26 W MAIN Street, Frostburg, MD 21532

27 FIRST St, Frostburg, MD 21532

324 FAYETTE St, Cumberland, MD 21502

145 Baltimore St, Cumberland, MD 21502

Allegany County, MD Residential Income Properties Investment Opportunities Market Analysis

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Allegany County, MD Residential Income Properties for Sale

58 FROST AVE, Frostburg, MD 21532

136 WAVERLY Street, Westernport, MD 21562

214 S CENTRAL Avenue, Cumberland, MD 21502

14818 BROADWAY Avenue SW, Midland, MD 21532

223 GRAND Avenue, Cumberland, MD 21502

221 GRAND Avenue, Cumberland, MD 21502

147 W MECHANIC Street, Frostburg, MD 21532

807 BEDFORD Street, Cumberland, MD 21502

36 E ROBERTS Street, Cumberland, MD 21502

268 E MAIN Street, Frostburg, MD 21532

124 BEDFORD Street, Cumberland, MD 21502

511 SHRIVER Avenue, Cumberland, MD 21502

24 HILL Street, Frostburg, MD 21532

2 DECATUR ST, Cumberland, MD 21502

449 COLUMBIA Street, Cumberland, MD 21502

523-525 MARYLAND Avenue, Westernport, MD 21562

136 Waverly Street, Westernport, MD 21562

530/532 WOODSIDE Avenue, Cumberland, MD 21502

70 E College Avenue, Frostburg, MD 21532

704 BAKER Street, Cumberland, MD 21502

26 W MAIN Street, Frostburg, MD 21532

27 FIRST St, Frostburg, MD 21532

324 FAYETTE St, Cumberland, MD 21502

145 Baltimore St, Cumberland, MD 21502

Allegany County, MD Residential Income Properties Investment Opportunities Market Analysis

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