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$550,000 -$20,000 (-3.51%) Price Reduced

  • For Sale
  • Active
  • Apartment
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PRICE REDUCTION !Major investment opportunity with great rental history! Located within minutes of many attractions. Don't miss out on an investment that has had many recent updates and maintenance. Call or schedule your appointment today! Electric and water metered separately per unit ! Seller will possibly consider some seller financing !

Full Property Details for 324 Fayette St

General

  • Price: $550,000
  • Taxes: $6,162 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAL2013962
  • Updated: 5/5/2026
  • Added to Site: 65 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Parking Type: On Street

Location

  • Area: W Cumberland - Allegany County (MDAL3)
  • Municipality: Cumberland
  • County: ALLEGANY
  • Driving Directions: USE GPS
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block
  • Building Size: 13088
  • Year Built: 1910
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Assessor
  • Zoning: R-L

Financial Considerations

  • Price Per Sq. Ft.: $42.02
  • Assessment Year: 2026
  • City/TownTax: $3,303
  • City/TownTax Freq: Annually
  • County Tax: $2,858
  • County Tax Freq: Annually
  • Tax w/Assessment: $361,100
  • Tax Amount: $6,162
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Better Homes & Gardens Real Estate Old Line Group, Jordan Ellis Anderson

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Listing agent

— 324 Fayette St —

  • Jordan Ellis Anderson

    Better Homes & Gardens Real Estate Old Line Group

Listing Office Email: info@carterandroque.com

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 324 Fayette St

School District:Allegany County Public Schools
NameGradesDistance
West Side Elementary School, Cumberland, MD
425 Paca Street, Cumberland, MD 21502
PK-50.2 mi
Braddock Middle School
909 Holland Street, Cumberland, MD 21502
6-80.9 mi
Allegany High School
900 Seton Drive, Cumberland, MD 21502
9-121.3 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 324 Fayette St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$550,000
-3.51%
MLS
3/16/2026
Price Reduced
$570,000
-4.84%
MLS
3/02/2026
Listed
$599,000
59.73%
MLS
7/19/2023
Sold
$375,000
—
Public Record
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 324 Fayette St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,858
44%
$311,833
19%
2023
$1,984
—
$262,567
23%
2023
$1,984
-24%
$213,300
—
2020
$2,603
—
$213,300
-24%
2021
$2,603
-1%
$280,300
—
2020
$2,619
-2%
$280,300
—
2019
$2,664
-3%
$280,300
-3%
2018
$2,743
4%
$290,400
4%
2017
$2,642
4%
$278,433
4%
2016
$2,537
3%
$266,467
5%
2015
$2,456
5%
$254,500
3%
2014
$2,330
—
$246,267
—
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.

Estimate the Cost for 324 Fayette St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Better Homes & Gardens Real Estate Old Line Group, Jordan Ellis Anderson

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324 Fayette Street, Cumberland, MD 21502 (MLS# MDAL2013962) is a Apartment property. 324 Fayette Street is currently listed for $550,000 and was received on March 02, 2026. Want to learn more about 324 Fayette Street? Do you have questions about finding other Apartment 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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