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$299,000 -$900 (-0.3%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Investment opportunity in Cumberland, Maryland. This nine-unit property is comprised entirely of efficiency apartments. The building also features a small commercial space currently utilized as a tenant laundry area. The landlord covers utilities. Gas boiler replaced 2 years ago. Ideally positioned with easy access to downtown amenities, shopping, and transportation routes. 9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month Other properties available discount for purchase of all properties -229 E Union - 5 Units - 339/341 Frederick 5 Units - Commercial Lot Front & Baltimore .08 Acres

Full Property Details for 315 Frederick

General

  • Price: $299,000
  • Taxes: $2,048 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAL2013850
  • Updated: 2/9/2026
  • Added to Site: 7 day(s) ago

Parking

  • Parking Type: Other

Location

  • Area: N Cumberland - Allegany County (MDAL1)
  • County: ALLEGANY
  • Driving Directions: 68 to alt 40 to Decatur St to right on Frederick St
  • City Limits: Yes

School Information

  • School District: Allegany County Public Schools

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Other

Utilities

  • Sewer: Private Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Brick, Combination
  • Square Feet: 4,500
  • Sq. Ft. Source: Estimated
  • Living Area: 4,500 Sq. Ft.
  • Finished Above Grnd: 4,500 Sq. Ft.
  • Year Built: 1948
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size Source: Estimated
  • Zoning: URBAN RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $66.44
  • Assessment Year: 2023
  • City/TownTax: $1,091
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $105,000
  • Tax Amount: $2,048
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Berkshire Hathaway HomeServices Homesale Realty, Taylor Bowen

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Listing agent

— 315 Frederick —

  • Taylor Bowen

    Berkshire Hathaway HomeServices Homesale Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 315 Frederick

School District:Allegany County Public Schools
NameGradesDistance
Parkside Elementary School, La Vale, MD
50 Parkside Blvd, La Vale, MD 21502
PK-53.8 mi
Braddock Middle School
909 Holland Street, Cumberland, MD 21502
6-80.9 mi
Allegany High School
900 Seton Drive, Cumberland, MD 21502
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 Frederick Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$299,000
-0.3%
MLS
2/06/2026
Listed
$299,900
—
MLS
Get Price Alerts and Save Property
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 for 315 Frederick

Year
Property Taxes
Change
Tax Assessment
Change
2023
$977
—
$131,133
11%
2023
$977
—
$118,067
12%
2023
$977
6%
$105,000
4%
2020
$920
—
$101,067
2%
2021
$920
-1%
$99,100
—
2020
$926
-2%
$99,100
—
2019
$942
-3%
$99,100
-4%
2018
$975
20%
$103,200
21%
2017
$811
26%
$85,433
26%
2016
$645
34%
$67,700
43%
2015
$482
8%
$47,400
—
2014
$448
—
$47,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Homesale Realty, Taylor Bowen

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315 Frederick, Cumberland, MD 21502 (MLS# MDAL2013850) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 315 Frederick is currently listed for $299,000 and was received on February 06, 2026. Want to learn more about 315 Frederick? Do you have questions about finding other Multi-Family real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

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