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$42,000
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Property Description
Calling all investors! This 3-unit multifamily property is a rare find - located within walking distance to historic Downtown Cumberland and just minutes from I-68 access, making it ideal for future tenants. Each unit offers strong rental potential with separate entrances and utility setups. The property is in need of major rehab - perfect for buyers looking to renovate and add value. With the right vision, this triplex could generate solid cash flow in a high-demand rental area.
Full Property Details
Full Property Details for 481 Goethe St
General
- Sold For: $42,000
- Taxes: $1,069 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2012506
- Added to Site: 194 day(s) ago
Parking
- Parking Type: Off Street, Driveway
Location
- Area: N Cumberland - Allegany County (MDAL1)
- Municipality: Cumberland
- County: Allegany
- Driving Directions: Follow gps
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Shingle Siding
- Foundation: Block
- Roof: Asphalt
- Stories/Levels: 0
- Square Feet: 3,528
- Sq. Ft. Source: Assessor
- Living Area: 2,352 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
- Property Condition: Major Rehab Needed
Unit Information
- 1 Bedroom Units: 2
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,340
- Lot Size Source: Assessor
- Zoning: R
Financial Considerations
- Price Per Sq. Ft.: $19.13
- Assessment Year: 2025
- City/TownTax: $567
- City/TownTax Freq: Annually
- County Tax: $502
- County Tax Freq: Annually
- Tax w/Assessment: $60,833
- Tax Amount: $1,069
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2352
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by Mountainside Home Realty, Shauntay Weisenmiller
Sold by Charis Realty Group, Jennifer Jackson
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Schools
Schools serving 481 Goethe St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
West Side Elementary School, Cumberland, MD 425 Paca Street, Cumberland, MD 21502 | PK-5 | 1.2 mi |
Braddock Middle School 909 Holland Street, Cumberland, MD 21502 | 6-8 | 1.1 mi |
Allegany High School 900 Seton Drive, Cumberland, MD 21502 | 9-12 | 2.2 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 481 Goethe St
Date
Details
Price
Change
Source
9/22/2025
Sold
$42,000
-6.67%
MLS
8/23/2025
Price Reduced
$45,000
-18.18%
MLS
8/03/2025
Listed
$55,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
481 Goethe Street, Cumberland, MD 21502 (MLS# MDAL2012506) is a Triplex property that was sold at $42,000 on September 22, 2025. Want to learn more about 481 Goethe Street? Do you have questions about finding other Triplex real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

