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$155,000
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Property Description
INVESTORS & HOMEOWNERS-HERE'S AN OPPORTUNITY WITH OPTIONS! Discover the potential of this classic brick duplex located on Cumberland's desirable West Side! Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore the possibility of converting the property back into a spacious single-family home, this property offers flexibility, character, and opportunity. The duplex features one 1-bedroom unit and one 2-bedroom unit, both offering spacious living areas and beautiful original woodwork throughout. The main-level unit welcomes you with a large living room, charming pocket doors, a separate dining area, and both front and rear porches. The screened-in rear porch with ceiling fan creates the perfect spot to relax, enjoy the views, and unwind after a long day. The upper unit offers its own special retreat with a front porch balcony, ideal for morning coffee, evening relaxation, or simply taking in the surroundings. Comfort is covered with gas heat, including radiator heat in the upper unit and natural gas forced-air heat in the lower unit, along with central air. Even better, all utilities are separately metered-including water, making this property especially attractive from an investment standpoint. All appliances convey, including the washer and dryer, adding even more value and convenience. A full unfinished basement provides plenty of additional storage space. Live in one unit and let the other help offset your expenses, rent both units for investment income, or investigate opening the property back up into a beautiful single-family residence-the possibilities are exciting! Character. Income potential. Flexibility. Location. This West Side brick duplex checks all the boxes and is PRICED TO SELL! Don't miss your opportunity to own a property with multiple possibilities. Call today to schedule your private tour! Prepare to be wowed!
Full Property Details
Full Property Details for 227 Wallace St
General
- Price: $155,000
- Taxes: $1,902 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2015654
- Updated: 8/19/2026
- Added to Site: 51 day(s) ago
Interior
- Appliances: Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
- Flooring: Carpet, Wood, Vinyl
Parking
- Parking Type: On Street
Location
- Area: W Cumberland - Allegany County (MDAL3)
- Municipality: Cumberland
- County: ALLEGANY
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Radiator, Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Connecting Stairway, Full, Outside Entrance, Rear Entrance, Unfinished
- Foundation: Block
- Roof: Slate, Other
- Walls/Ceilings: Paneled Walls, Plaster Walls
- Square Feet: 3,087
- Sq. Ft. Source: Assessor
- Living Area: 2,058 Sq. Ft.
- Finished Above Grnd: 2,058 Sq. Ft.
- Year Built: 1909
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Property View: City, Mountain, Street, Trees/Woods
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,725
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $75.32
- Assessment Year: 2026
- City/TownTax: $1,019
- City/TownTax Freq: Annually
- County Tax: $882
- County Tax Freq: Annually
- Tax w/Assessment: $105,100
- Tax Amount: $1,902
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2058
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: STOVE, REFIRGERATOR, MICROWAVE, WASHER AND DRYER
Listed by EXP Realty, LLC, Pamela A Terry
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Schools
Schools serving 227 Wallace St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
West Side Elementary School, Cumberland, MD 425 Paca Street, Cumberland, MD 21502 | PK-5 | 0.3 mi |
Braddock Middle School 909 Holland Street, Cumberland, MD 21502 | 6-8 | 0.8 mi |
Allegany High School 900 Seton Drive, Cumberland, MD 21502 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 Wallace St
Date
Details
Price
Change
Source
8/19/2026
Listed
$155,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 227 Wallace St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$882
21%
$105,100
9%
2023
$731
—
$96,267
10%
2023
$731
—
$87,433
11%
2023
$731
38%
$78,600
22%
2020
$530
—
$64,267
13%
2021
$530
-1%
$57,100
—
2020
$533
-2%
$57,067
—
2019
$542
1%
$57,033
—
2018
$538
-1%
$57,000
—
2017
$541
—
$57,000
—
2016
$543
-1%
$57,000
—
2015
$550
2%
$57,000
—
2014
$539
—
$57,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 Wallace St
227 Wallace Street, Cumberland, MD 21502 (MLS# MDAL2015654) is a Single Family property with 0 bedrooms and 0 full bathrooms. 227 Wallace Street is currently listed for $155,000 and was received on August 19, 2026. Want to learn more about 227 Wallace Street? Do you have questions about finding other Single Family real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

