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$600,000 Just Listed
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Property Description
This commercial property, strategically located in the vibrant Downtown area, presents a compelling investment opportunity. Constructed in 1963 with durable materials such as brick, and stucco, the apartments (6) features a mix of laminate plank, partially carpeted, and vinyl flooring. Several units have been updated with new flooring, kitchen upgrades.The average condition of the property allows for customization to meet specific tenant needs, further enhancing its attractiveness to prospective renters. Parking options include on-street, multiple private garage, and a dedicated parking lot, addressing the essential requirement for accessibility in a bustling urban environment. With owner responsibilities covering common area maintenance, utilities, and repairs, this property offers a streamlined management experience. Investors can anticipate significant returns as the area continues to develop, making this an ideal addition to any portfolio.
Full Property Details
Full Property Details for 501 W Main St
General
- Price: $600,000
- Taxes: $6,427 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDFR2083700
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Laminate Plank, Partially Carpeted, Vinyl
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 8
- Parking Features: Private
- Parking Type: On Street, Parking Lot, Private Garage
Location
- County: FREDERICK
- Driving Directions: From Frederick, take Rt 15 North, left on Seton Ave, left on W. Main St, Emmittsburg, to 501 W Main St. Parking on street out front or in the rear.
- Location Details: Downtown
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Bottled Gas, Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Propane, Sewer Available, Water Available
Structural Information
- Construction: Block, Concrete, Stucco
- Foundation: Crawl Space
- Roof: Asphalt
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 7050
- Year Built: 1963
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Estimated
- Zoning: VZ
Financial Considerations
- Price Per Sq. Ft.: $85.11
- Assessment Year: 2026
- County Tax: $4,998
- County Tax Freq: Annually
- Tax w/Assessment: $431,100
- Tax Amount: $6,427
- Tax Year: 2026
- Owner Pays: Common Area Maintenance, Gas, Lawn/Shrub Care, Management, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by RE/MAX Results, Mark S Boettcher
Get Pre-Approved Today
Schools
Schools serving 501 W Main St
School District:Frederick County Public Schools, Fort Detrick, MD
| Name | Grades | Distance |
|---|---|---|
Emmitsburg Elementary School 300 South Seton Avenue, Emmitsburg, MD 21727 | K-5 | 0.3 mi |
Thurmont Middle School 408 East Main Street, Thurmont, MD 21788 | 6-8 | 7.1 mi |
Catoctin High School 14745 Sabillasville Road, Thurmont, MD 21788 | 9-12 | 6.1 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 501 W Main St
Date
Details
Price
Change
Source
6/09/2026
Listed
$600,000
—
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 501 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,762
13%
$412,400
5%
2023
$5,988
—
$393,700
5%
2023
$5,988
5%
$375,000
5%
2022
$5,720
9%
$357,333
5%
2020
$5,227
1%
$339,667
5%
2021
$5,170
1%
$322,000
2%
2020
$5,094
—
$317,033
2%
2019
$5,075
3%
$312,067
2%
2018
$4,944
2%
$307,100
2%
2017
$4,842
1%
$300,333
2%
2016
$4,791
2%
$293,567
2%
2015
$4,688
—
$286,800
—
2014
$4,699
—
$286,800
—
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 501 W Main St
501 W Main Street, Emmitsburg, MD 21727 (MLS# MDFR2083700) is a Apartment property. 501 W Main Street is currently listed for $600,000 and was received on June 09, 2026. Want to learn more about 501 W Main Street? Do you have questions about finding other Apartment real estate for sale in Emmitsburg? You can browse all Emmitsburg real estate or contact a Coldwell Banker agent to request more information.

