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$32,900
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Property Description
Settling an estate...This 1-bedroom, 1-bathroom bungalow in the desirable North End offers a solid investment opportunity. Built in 1959, the property is in very good condition and features a traditional floor plan with a combination kitchen/living area, enhancing the sense of space. The full, (was) partially finished basement provides additional potential for expansion or rental income. Key appliances include an electric oven/range and refrigerator, with washer/dryer hookups available for convenience. The entry-level bedroom adds versatility for tenants or guests. The 0.14-acre fully fenced lot offers manageable maintenance while maximizing rental appeal. With no association fees and a prime location, this property is poised for strong rental demand. Investors can capitalize on the growing market in this area, making it an excellent addition to any portfolio. Don't miss the chance to secure a property with both cash flow potential and long-term appreciation with a little initial elbow grease! Great opportunity to also own for less than rent if you only need small indoor spaces and an extra large outdoor fenced space!
Full Property Details
Full Property Details for 407 Walnut St
General
- Sold For: $32,900
- Taxes: $649 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2013190
- Added to Site: 88 day(s) ago
Interior
- Number of Rooms: 4
- Rooms/Areas: Living Room, Kitchen, Bedroom 1, Bathroom 1
- Interior Features: Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Traditional, Window Treatments
- Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Parking
- Parking Type: None
Location
- Area: N Cumberland - Allegany County (MDAL1)
- Municipality: CUMBERLAND
- County: ALLEGANY
- Subdivision: NORTH END
- Driving Directions: Valley St in Cumberland turn onto Walnut St, near top on left.
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
- Elementary School: Parkside
- Middle School: Braddock
- High School: Allegany
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Structure Type: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Partially Finished, Connecting Stairway, Outside Entrance
- Foundation: Block
- Roof: Asphalt
- Stories Description: Main
- Square Feet: 640
- Sq. Ft. Source: Estimated
- Living Area: 540 Sq. Ft.
- Finished Above Grnd: 540 Sq. Ft.
- Unfin. Above Grnd: 100 Sq. Ft.
- Year Built: 1959
- Year Built Source: Estimated
- Property Condition: Very Good
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Estimated
- Zoning: RESIDENTIAL
- Fencing (Description): Chain Link, Fully
Financial Considerations
- Price Per Sq. Ft.: $55.37
- City/TownTax: $348
- City/TownTax Freq: Annually
- County Tax: $301
- County Tax Freq: Annually
- Tax w/Assessment: $32,867
- Tax Amount: $649
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 640
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 54
Listed by Ability Real Estate Service, Rosalind Morris
Sold by Charis Realty Group, Jennifer Jackson
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Schools
Schools serving 407 Walnut St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
Cash Valley Elementary School 10601 Cash Valley Rd Nw, La Vale, MD 21502 | PK-5 | 2.7 mi |
Braddock Middle School 909 Holland Street, Cumberland, MD 21502 | 6-8 | 0.6 mi |
Allegany High School 900 Seton Drive, Cumberland, MD 21502 | 9-12 | 1.6 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 407 Walnut St
Date
Details
Price
Change
Source
11/18/2025
Sold
$32,900
10.03%
MLS
10/20/2025
Listed
$29,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
407 Walnut Street, Cumberland, MD 21502 (MLS# MDAL2013190) is a Single Family property that was sold at $32,900 on November 18, 2025. Want to learn more about 407 Walnut 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.

