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$660,000
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Property Description
This historic downtown property has been an excellent investment for the current owners and can be one for you. The ground floor is a dry cleaners and alteration business that has been there for 34 years. The upper level has two one bedroom apartments. All dry cleaning is done off premises. The two apartments are accessed through the right side front door and up an impressive staircase. The drive way is owned by the seller and leads to 2 or more parking spaces in the rear. The property has a separate garage and large storage building which are not rented but offer additional potential rental income. There is an abundance of potential uses. Klineharts Alley is a convenient exit/entrance for the rear parking area. All tenants are month to month and prefer to stay. The business also wants to continue at this location. The building is in very good condition, and this is a premium location for commercial/residential use.
Full Property Details
Full Property Details for 413 N Market St
General
- Sold For: $660,000
- Taxes: $9,044 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDFR2058754
- Added to Site: 389 day(s) ago
Interior
- Appliances: Oven/Range - Electric, Refrigerator
Exterior
- Exterior Features: Gutter System, Secure Storage, Outbuilding(s)
Parking
- Total Spaces: 3
- Parking Features: Asphalt Driveway
- Parking Type: Off Street
Location
- Municipality: Frederick City
- County: Frederick
- Driving Directions: jefferson st to right on south st to left on south market st. follow to 4th st intersection on north market st. property on the left and has cleaners sign on the side. park on street or use the alley to park in the rear. exit to klineharts alley and turn right only at alley
- City Limits: Yes
School Information
- School District: Frederick County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Forced Air
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Interior Access
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 5,787
- Sq. Ft. Source: Assessor
- Living Area: 4,888 Sq. Ft.
- Year Built: 1834
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,611
- Lot Size Source: Assessor
- Zoning: DB
Financial Considerations
- Price Per Sq. Ft.: $132.98
- Assessment Year: 2024
- City/TownTax: $3,570
- City/TownTax Freq: Annually
- County Tax: $5,473
- County Tax Freq: Annually
- Tax w/Assessment: $488,833
- Tax Amount: $9,044
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 4888
Disclosures and Reports
- Ownership: Fee Simple
Listed by Mackintosh, Inc., C. Melony Bush
Sold by Real Estate Teams, LLC, Joseph B Powell
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Schools
Schools serving 413 N Market St
School District:Frederick County Public Schools, Fort Detrick, MD
| Name | Grades | Distance |
|---|---|---|
Parkway Elementary School, Frederick, MD 300 Carroll Parkway, Frederick, MD 21701 | K-5 | 0.6 mi |
West Frederick Middle School 515 West Patrick Street, Frederick, MD 21701 | 6-8 | 1 mi |
Frederick High School 650 Carroll Parkway, Frederick, MD 21701 | 9-12 | 0.8 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 413 N Market St
Date
Details
Price
Change
Source
3/17/2025
Sold
$660,000
1.54%
MLS
2/01/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
413 N Market Street, Frederick, MD 21701 (MLS# MDFR2058754) is a Multi-Family property that was sold at $660,000 on March 17, 2025. Want to learn more about 413 N Market Street? Do you have questions about finding other Multi-Family real estate for sale in Frederick? You can browse all Frederick real estate or contact a Coldwell Banker agent to request more information.

