114 Water Thru 116 Street, Frederick, MD 21701 - Photo 1

1/1

$537,000

Sold
Closed
Duplex
2,250 Sq. Ft.

1/1

Property Description

Rare opportunity to own a fully renovated multi-family home in the heart of Downtown Frederick, featuring two separately metered units on one deed - perfect for investors, house hackers, or owner-occupants. Both units offer identical 2-bedroom, 1-bathroom layouts with access to a spacious backyard and off-street parking. Unit 114 has been beautifully updated with new laminate flooring, fresh paint, new appliances, and a remodeled bathroom. Unit 116 is tenant-occupied and currently rented at $1,900/month with a lease in place through February 28, 2026, providing immediate rental income. Major renovations were completed in 2013, including new siding, drywall, plumbing, electrical, and windows. The roof was replaced in 2018. Located just minutes from shops, restaurants, nightlife, and the MARC train, this property offers unmatched walkability and long-term upside. Live in one unit and rent the other, lease both for consistent cash flow, or convert into a single-family home - this Downtown gem is filled with potential.

Full Property Details

Full Property Details for 114 Water Thru 116 St

General

Sold For: $537,000
Taxes: $6,962 (2024)
Status: Closed
Type: Duplex
Source: BrightMLSMidAtlantic
MLS ID: MDFR2064938
Added to Site: 235 day(s) ago

Parking

Parking Type: Driveway

Location

Municipality: Frederick City
County: Frederick
Driving Directions: E South St to Left on Water Street

School Information

School District: Frederick County Public Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Heat Pump - Electric BackUp
Heating Fuel: Electric
Water Heater: 60+ Gallon Tank

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional, Other
Architectural Style: Traditional, Other
Structure Type: End of Row/Townhouse
Construction: Frame
Foundation: Other
Stories/Levels: 0
Square Feet: 2,250
Sq. Ft. Source: Assessor
Living Area: 1,900 Sq. Ft.
Year Built: 1810
Year Built Source: Assessor

Unit Information

2 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,250
Lot Size Source: Assessor
Zoning: DR

Financial Considerations

Price Per Sq. Ft.: $284.21
Assessment Year: 2025
City/TownTax: $2,748
City/TownTax Freq: Annually
County Tax: $4,213
County Tax Freq: Annually
Tax w/Assessment: $455,200
Tax Amount: $6,962
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1900

Disclosures and Reports

Ownership: Fee Simple

Listed by LPT Realty, LLC, Omar Flores and LPT Realty, LLC, Lisa Elizabeth Caponiti
Sold by Vcre.Co, Amos R. Martin

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Listing agents

— 114 Water Thru 116 St —

Omar Flores

LPT Realty, LLC
Lisa Elizabeth Caponiti

LPT Realty, LLC

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NMLS#: 1598647

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Schools

Schools serving 114 Water Thru 116 St

School District:Frederick County Public Schools, Fort Detrick, MD

Name	Grades	Distance
Spring Ridge Elementary School 9051 Ridgefield Drive, Frederick, MD 21701	K-5	2.9 mi
Gov. Thomas Johnson Middle School 1799 Schifferstadt Boulevard, Frederick, MD 21701	6-8	1.9 mi
Gov. Thomas Johnson High School 1501 North Market Street, Frederick, MD 21701	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 114 Water Thru 116 St

Date

Details

Price

Change

Source

6/26/2025

Sold

$537,000

-0.55%

MLS

5/29/2025

Listed

$539,995

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

24607 Hells Delight Rd, Smithsburg, MD 21783 - Photo 1

Just Listed

$429,900

24607 Hells Delight Rd Smithsburg, MD 21783

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
3,480
Sq. Ft.

Listed by Fathom Realty MD, LLC, William J Campbell

100 Lombardy Dr, Middletown, MD 21769 - Photo 1

Just Listed

$569,000

Open House

100 Lombardy Dr Middletown, MD 21769

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
2,914
Sq. Ft.

Listed by RE/MAX Results, Bobbi Prescott

3887 Shadywood Dr, Jefferson, MD 21755 - Photo 1

Just Listed

$589,000

3887 Shadywood Dr Jefferson, MD 21755

Single Family
Active
Updated 4 days ago

3
Beds
3
Total Baths
2,472
Sq. Ft.

Listed by Long & Foster Real Estate, Inc., Alecia R Scott

3856 Shadywood Dr, Jefferson, MD 21755 - Photo 1

Just Listed

$244,999

3856 Shadywood Dr #3B Jefferson, MD 21755

Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
896
Sq. Ft.

Listed by Realty Advantage of Maryland LLC, Samuel Villeda

2318 Persimmon Dr, Ijamsville, MD 21754 - Photo 1

Price Reduced

-$15,000 (-2.61%)

$560,000

2318 Persimmon Dr Ijamsville, MD 21754

Single Family
Active
Updated 6 days ago

3
Beds
3
Total Baths
2,728
Sq. Ft.

Listed by Rebecca Lewis (240) 603-8418

8305 Biggs Ford Rd, Walkersville, MD 21793 - Photo 1

Price Reduced

-$15,005 (-1.55%)

$949,995

8305 Biggs Ford Rd Walkersville, MD 21793

Single Family
Active
Updated 22 hours ago

6
Beds
5
Total Baths
5,072
Sq. Ft.

Listed by RE/MAX Plus, Ashley Ann Moersen

8900 Successful Way, Walkersville, MD 21793 - Photo 1

Price Reduced

-$25,000 (-5.26%)

$449,900

8900 Successful Way Walkersville, MD 21793

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,764
Sq. Ft.

Listed by EXP Realty, LLC, Zachary Williams

1936 Old National Pike, Middletown, MD 21769 - Photo 1

Price Reduced

-$36,000 (-7.74%)

$429,000

1936 Old National Pike Middletown, MD 21769

Single Family
Active
Updated 6 days ago

4
Beds
2
Total Baths
4,236
Sq. Ft.

Listed by Mackintosh, Inc., Ellen K Keyser

326 E Church St, Frederick, MD 21701 - Photo 1

Sold

$510,000

326 E Church St Frederick, MD 21701

Townhouse
Closed

3
Beds
2
Total Baths
2,116
Sq. Ft.

Listed by Long & Foster Real Estate, Inc., Gregory A. Salley
Sold by RE/MAX Realty Group, Jim T Winn and RE/MAX Realty Group, Joshua D'Ambrosio

35 E All Saints St, Frederick, MD 21701 - Photo 1

Sold

$497,500

35 E All Saints St #201 Frederick, MD 21701

Condo
Closed

2
Beds
2
Total Baths

Listed by Samson Properties, Melanie A Cooley
Sold by Redfin Corp, Laurie A Roberts

218 S Market St, Frederick, MD 21701 - Photo 1

Sold

$472,000

218 S Market St Frederick, MD 21701

Townhouse
Closed

2,793
Sq. Ft.

Listed by Radcliffe Realty Group, LLC, Gail C Mann
Sold by Marsh Realty, Aaron J Marsh

222 S Market Street S, Frederick, MD 21701 - Photo 1

Sold

$495,000

222 S Market Street S Frederick, MD 21701

Townhouse
Closed
Updated 4 days ago

3
Beds
2
Total Baths
2,708
Sq. Ft.

Listed by Radcliffe Realty Group, LLC, Gail C Mann
Sold by ExecuHome Realty, Christine Zeng

114 Water Thru 116 Street, Frederick, MD 21701 (MLS# MDFR2064938) is a Duplex property that was sold at $537,000 on June 26, 2025. Want to learn more about 114 Water Thru 116 Street? Do you have questions about finding other Duplex real estate for sale in Frederick? You can browse all Frederick real estate or contact a Coldwell Banker agent to request more information.

114 Water Thru 116 St Frederick, MD 21701

Full Property Details for 114 Water Thru 116 St

General

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Financial Considerations

Disclosures and Reports

Listing agents

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 114 Water Thru 116 St

Price & Sales History for 114 Water Thru 116 St

Just Listed near 114 Water Thru 116 St

24607 Hells Delight Rd Smithsburg, MD 21783

100 Lombardy Dr Middletown, MD 21769

3887 Shadywood Dr Jefferson, MD 21755

3856 Shadywood Dr #3B Jefferson, MD 21755

Price Reduced near 114 Water Thru 116 St

2318 Persimmon Dr Ijamsville, MD 21754

8305 Biggs Ford Rd Walkersville, MD 21793

8900 Successful Way Walkersville, MD 21793

1936 Old National Pike Middletown, MD 21769

Recent Sales near 114 Water Thru 116 St

326 E Church St Frederick, MD 21701

35 E All Saints St #201 Frederick, MD 21701

218 S Market St Frederick, MD 21701

222 S Market Street S Frederick, MD 21701