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$399,000 Just Listed
Property Description
Welcome to 506 N Market St, a charming 3-bedroom, 1.5-bath home in the heart of Frederick, where classic character meets thoughtful modern updates. The property is deeded for both residential and business use, offering added flexibility for a variety of needs. The main level features a recently renovated kitchen with fresh finishes, a comfortable living and dining area, and a convenient half bath. Upstairs, three bedrooms and an updated full bath provide flexible space for everyday living, guests, or a home office. The lower level offers valuable additional storage and utility space. Outside, enjoy a private fenced patio area-perfect for morning coffee, grilling, or unwinding after a day downtown. Updated heating and air conditioning provide year-round comfort. Best of all, this location puts Historic Downtown Frederick right outside your door, with more than 200 local shops, restaurants, galleries, breweries, and entertainment options nearby. Enjoy a stroll along Carroll Creek Park, explore Baker Park, visit the National Museum of Civil War Medicine or Museum of Frederick County History, and catch a show at the Weinberg Center for the Arts. Commuters will appreciate nearby TransIT service, easy access to US-15, I-70 and I-270, and MARC rail service connecting Frederick with Baltimore and Washington. This is city living with Frederick charm, convenience, and plenty to explore.
Full Property Details
Full Property Details for 506 N Market St
General
- Price: $399,000
- Taxes: $5,722 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDFR2089742
- Updated: 10/12/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Combination Dining/Living, Dining Area, Floor Plan - Traditional, Upgraded Countertops
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Microwave, Refrigerator, Washer, Stove
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Other Rooms
- Laundry: Main Floor
Exterior
- Porch/Patio/Deck: Patio(s)
Parking
- Parking Type: On Street
Location
- County: FREDERICK
- Driving Directions: Please use Google Maps.
- City Limits: Yes
School Information
- School District: Frederick County Public Schools
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: End of Row/Townhouse
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Permanent
- Stories Description: Main, Upper 1
- Square Feet: 1,358
- Sq. Ft. Source: Assessor
- Living Area: 1,162 Sq. Ft.
- Finished Above Grnd: 1,162 Sq. Ft.
- Year Built: 1890
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,102
- Lot Size Source: Assessor
- Zoning: DB
Financial Considerations
- Price Per Sq. Ft.: $343.37
- Assessment Year: 2026
- City/TownTax: $2,205
- City/TownTax Freq: Annually
- County Tax: $3,516
- County Tax Freq: Annually
- Tax w/Assessment: $312,667
- Tax Amount: $5,722
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1162
Disclosures and Reports
- Ownership: Fee Simple
Listed by Redfin Corp, John P Ippolito
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Schools
Schools serving 506 N Market 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 | 3.4 mi |
Gov. Thomas Johnson Middle School 1799 Schifferstadt Boulevard, Frederick, MD 21701 | 6-8 | 1.3 mi |
Gov. Thomas Johnson High School 1501 North Market Street, Frederick, MD 21701 | 9-12 | 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 506 N Market St
Date
Details
Price
Change
Source
10/12/2026
Listed
$399,000
40%
MLS
6/30/2021
Sold
$285,000
—
Public Record
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 506 N Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,272
—
$312,667
10%
2025
$5,272
21%
$284,000
9%
2023
$4,370
—
$261,100
10%
2023
$4,370
11%
$238,200
11%
2022
$3,944
8%
$215,300
4%
2020
$3,662
1%
$207,733
4%
2021
$3,629
4%
$200,167
4%
2020
$3,493
6%
$192,600
7%
2019
$3,285
9%
$179,233
8%
2018
$3,017
9%
$165,867
9%
2017
$2,777
-1%
$152,500
—
2016
$2,792
—
$152,233
—
2015
$2,780
—
$151,967
—
2014
$2,786
—
$151,700
—
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 506 N Market St
506 N Market Street, Frederick, MD 21701 (MLS# MDFR2089742) is a Townhouse property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 506 N Market Street is currently listed for $399,000 and was received on October 12, 2026. Want to learn more about 506 N Market Street? Do you have questions about finding other Townhouse real estate for sale in Frederick? You can browse all Frederick real estate or contact a Coldwell Banker agent to request more information.
