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    Allegany County, MD Residential Income Properties for Sale

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    Found 59 residential income property listings for sale in Allegany County, MD, averaging $71/sq ft. Use valuation data to compare deals faster.
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    4-Unit Residential Income Property
    Updated: Oct 28
    4-Unit Residential Income Property

    191 E MAIN Street, Frostburg, MD 21532

    $215,000
    2,434 sqft 0.21 AC lot
    Four apartments, each with 1 bedroom and 1 bathroom
    2,434 square feet on a 0.2083‑acre double lot
    Built in 1920 with brick and vinyl siding
    Two units on the main level and two upstairs; one upstairs unit has an eat‑in kitchen
    Basement includes storage, laundry, utility space, and a one‑car attached garage
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    Victorian Triplex With Detached Garage
    Updated: Aug 18
    Victorian Triplex With Detached Garage

    102 WOOD Street, Frostburg, MD 21532

    $300,000
    4,344 sqft 0.25 AC lot
    Three‑unit rental property with 4,344 square feet of building area
    Situated on 0.2497 acres in Frostburg
    1899 construction with Victorian architectural style
    Brick and frame construction
    Detached garage and driveway parking
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    Victorian Triplex With Attached Garages
    Victorian Triplex With Attached Garages

    411 WASHINGTON Street, Cumberland, MD 21502

    $449,000
    6,271 sqft 0.26 AC lot

    Brick construction, separate electric meters, and flexible basement space support multiple residential configurations.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    109 S BROADWAY, Frostburg, MD 21532

    $500,000
    8,815 sqft

    The two-floor property contains three-bedroom, one-bath residences, with seven units currently occupied by tenants.

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    Remodeled Side-by-Side Duplex
    Remodeled Side-by-Side Duplex

    505 B Street, Lavale, MD 21502

    $299,900
    1,868 sqft 0.38 AC lot

    Two residential units feature updated kitchens, baths, flooring, paint, roofing, siding, granite counters, and stainless appliances.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    16307 GOLD RUN Road SW, Lonaconing, MD 21539

    $230,000
    2,128 sqft 0.37 AC lot

    Separate water and electric meters serve each residence, with central air conditioning and heat-pump service.

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    Duplex with Off-Street Parking
    Duplex with Off-Street Parking

    445 N MECHANIC Street N, Cumberland, MD 21502

    $249,000
    2,060 sqft 0.05 AC lot

    An additional gravel lot, conveyed separately, provides parking alongside the two-unit residential property.

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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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    Brick Duplex with Two Units
    Brick Duplex with Two Units

    227 WALLACE Street, Cumberland, MD 21502

    $155,000
    2,058 sqft 0.06 AC lot

    Separately metered utilities, original woodwork, porches, and flexible occupancy enhance this Cumberland property.

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    Two-Unit Colonial Duplex
    Two-Unit Colonial Duplex

    17 PARK, Lonaconing, MD 21539

    $125,000
    2,625 sqft 0.14 AC lot

    Two-bedroom units, basement space, and on-street parking define this residential income property.

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    22-Unit Townhome Community
    22-Unit Townhome Community

    201 201,192,193,187 Glenn St, Frostburg, MD 21532

    $1,700,000
    27,416 sqft

    A recently updated multifamily community offers a mix of two- and three-level residences.

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    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.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    24 HILL Street, Frostburg, MD 21532

    $159,000
    1,502 sqft 0.16 AC lot

    Income-producing residential property with two separately configured apartments and current occupancy.

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    11-Unit Apartment Building with Laundry
    11-Unit Apartment Building with Laundry

    2 Altamont Terrace, Cumberland, MD 21502

    $640,000
    7,997 sqft

    Professionally managed multifamily property with window air conditioning, varied finishes, and on-street parking.

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    Duplex with Separate Gas Meters
    Duplex with Separate Gas Meters

    530/532 WOODSIDE Avenue, Cumberland, MD 21502

    $30,000
    2,080 sqft 0.05 AC lot

    Each residence offers three bedrooms, with separate gas metering for the two units.

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    Brick Triplex with Rental Units
    Brick Triplex with Rental Units

    214 S CENTRAL Avenue, Cumberland, MD 21502

    $95,000
    2,052 sqft 0.05 AC lot

    Corner-lot property with three one-bedroom apartments, appliances, and on-street parking.

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    Four-Unit Mixed-Use Property
    Four-Unit Mixed-Use Property

    301 Baltimore Ave, Cumberland, MD 21502

    $320,000
    4,712 sqft

    Combines four apartments with a street-level commercial area featuring prominent windows and flexible office, retail, or storage use.

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    Triplex with Outdoor Pavilion
    Triplex with Outdoor Pavilion

    14811 BROADWAY, Midland, MD 21532

    $90,000
    2,720 sqft 0.18 AC lot

    Wood-sided property combines residential units with potential bar or tavern use and outdoor side-yard space.

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    Historic Triplex with Garages
    Historic Triplex with Garages

    411 WASHINGTON ST, Cumberland, MD 21502

    $449,000
    6,271 sqft

    Late-1800s multifamily property with three apartments, separate electric meters, and additional basement space.

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    Brick Duplex with Two Units
    Brick Duplex with Two Units

    523-525 MARYLAND Avenue, Westernport, MD 21562

    $69,777
    1,524 sqft 0.05 AC lot

    Two residential units each offer two bedrooms, one full bathroom, a living room, and a fully equipped kitchen.

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    2-Unit Duplex with Enclosed Porches
    2-Unit Duplex with Enclosed Porches

    14818 BROADWAY AVE SW, Midland, MD 21532

    $130,000
    2,100 sqft

    Both residences offer separate dining rooms, eat-in kitchens, and spacious living areas.

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    Triplex with Rear Courtyard
    Triplex with Rear Courtyard

    124 BEDFORD Street, Cumberland, MD 21502

    $104,000
    2,340 sqft 0.04 AC lot

    Three apartments span the building’s levels, with a separate courtyard and exterior stairs serving the floors.

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    Multifamily Duplex Near University
    Multifamily Duplex Near University

    140-142 WOOD ST, Frostburg, MD 21532

    $160,000
    2,680 sqft

    Two separate residences offer distinct bedroom layouts, with shared laundry and rear parking for occupants.

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    7.8 Acres of Land Parcels
    7.8 Acres of Land Parcels

    24706 MCMULLEN Highway, Mccoole, MD 21562

    $85,000
    7.80 AC lot

    Land with development potential in a quiet, rural setting.

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    Allegany County, MD Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Allegany County, MD, showcased through 59 active listings on our real estate platform. These investment opportunities span a total of 169,999 square feet of properties for sale, with an estimated market value of $15,094,354.

    Sale prices for residential investment properties in Allegany County, MD start at $30,000, averaging $269,542, 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.

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    Featured Allegany County Real Estate Agencies

    Realmo connects you with licensed Allegany County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Carter & Roque Real Estate
    9 W Main Street Frostburg, MD 21532
    Phone: (301) 689-0100
    www.carterandroque.com
    Coldwell Banker Professional Real Estate Services
    131 N CENTRE ST Cumberland, MD 21502
    Phone: (301) 777-3380
    The Goodfellow Agency
    5 MAIN ST Frostburg, MD 21532
    Phone: (301) 689-8857
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