Frostburg, MD Residential Income Properties for Sale

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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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This listing looks promising.

Here's a quick look at some key insights for

102 WOOD Street, FROSTBURG, MD 21532

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$27K
Annual
Price @ 7% Cap

$389K
Above asking
Property Type

Single Family Residence
Built 1899

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Updated: Jul 21

Updated Triplex with Oversized Garage

154 E MAIN Street, Frostburg, MD 21532

$287,000

2,684 sqft 0.19 AC lot

Three‑unit multifamily property with 2,684 square feet
All three units have renovated kitchens and bathrooms
New roof on the building
Oversized garage generates additional rental income
Victorian architectural style; built in 1875

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Frostburg Duplex with Updates

147 W MECHANIC Street, Frostburg, MD 21532

$145,000

1,812 sqft 0.09 AC lot

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

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Three-Unit Triplex Near FSU

102 WOOD STREET, Frostburg, MD 21532

$300,000

4,344 sqft

Historic rental property near Main Street with potential for single-family conversion.

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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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Updated Income-Generating Triplex

154 E MAIN STREET, Frostburg, MD 21532

$287,000

2,684 sqft

Income-producing triplex featuring a new roof, renovated kitchens and bathrooms, and a rentable oversized garage.

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Mixed-Use Property with Pavilion

14811 Broadway St, Frostburg, MD 21532

$90,000

2,720 sqft

Three residential units and outdoor amenity space support a flexible mixed-use configuration.

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Income-Producing Duplex with Parking

268 East Main Street, Frostburg, MD 21532

$139,000

1,600 sqft

Duplex offers two two-bedroom, one-bath units, each with stove and refrigerator, plus off-street parking and a full unfinished basement.

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Mixed-Use Storefront with Apartments

39 S Broadway, Frostburg, MD 21532

$260,000

Ground-floor commercial storefront space is paired with two one-bedroom apartments upstairs.

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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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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 10 Active listings in Frostburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Remodeled Side-by-Side Duplex

505 B Street, Lavale, MD 21502

$375,000

1,868 sqft 0.38 AC lot

Updated two-unit property with separate residences, modernized interiors, and tenant-paid utilities.

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Remodeled Side-by-Side Duplex

505 B STREET, Lavale, MD 21502

$375,000

1,868 sqft

Income-producing duplex with updated interiors, separate unit layouts, and tenant-paid utilities.

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Mixed-Use Bar and Residential Property

14811 BROADWAY, Midland, MD 21532

$90,000

2,720 sqft

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

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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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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 Parcel Near Lavale, MD

0 SUNSET DRIVE EXTENDED #2, Lavale, MD 21502

$445,000

4.50 AC lot

Development opportunity near Lavale and Cumberland, offering privacy and convenience.

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Residential Lot in Cumberland, MD

OAKWOOD Street lot: 349-351, Cumberland, MD 21502

Contact for pricing

0.27 AC lot

0.27-acre lot ideal for residential construction near I-68.

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Mountain Retreat Homesite Opportunity

JASON LANE lot: 5 Evansdale Addition-, Fort Ashby, WV 26719

$54,900

2.02 AC lot

2+ acre parcel near Fort Ashby with site prep.

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Keyser WV Land For Sale

99 LEE Street, Keyser, WV 26726

$54,900

0.15 AC lot

Three adjacent lots suitable for single-family or manufactured homes.

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Off-Market Properties in Frostburg, MD

Consider similar Off-Market properties in Frostburg, 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.

Multifamily properties

97 Broadway, Frostburg, MD 21532

Value Estimation by Request

1,792 sqft 0.14 AC lot

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Frostburg, MD Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Frostburg, MD, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 21,690 square feet of properties for sale, with an estimated market value of $1,967,000.

Sale prices for residential income properties in Frostburg, MD start at $90,000, averaging $218,555, and reaching up to $300,000 — 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

Demographics Overview

Population 13K

Population Growth (5Y) -12.9%

Median Household Income $60,158

College Educated 49.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
21532	$465.1K

Taxes & Financing

Tax Rate (average for all types) 1.02%

Property Tax per SF $17.56 per SF

Tax Rate vs County Average 0.03 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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