Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$774,899

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
See This Home
Save This Home
See This Home
Save This Home
**MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700-16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot - all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**

Full Property Details for 16700 Frederick Rd

General

  • Price: $774,899
  • Taxes: $9,711 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDHW2067038
  • Updated: 5/21/2026
  • Added to Site: 41 day(s) ago

Rental Information

  • Lease Info: Gross, Month to Month

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood, Other

Rooms

Other Rooms

  • Laundry: Dryer In Unit, Washer In Unit

Parking

  • Total Spaces: 15
  • Parking Features: Asphalt Driveway, Gravel Driveway
  • Parking Type: Driveway

Location

  • County: HOWARD
  • Driving Directions: From 70, Take exit for MD-94 S toward Lisbon. Drive to MD-144 W/Frederick Rd. Turn left onto MD-94 S / Woodbine Rd. At the traffic circle, take the 1st exit onto MD-144 W/Frederick Rd. Home will be on the right. The buildings are numbered 16700, 16706, and 16708

School Information

  • School District: Howard County Public School System
  • Elementary School: Lisbon
  • Middle School: Glenwood
  • High School: Glenelg

Heating & Cooling

  • Cooling Type: Multi Units, Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld
  • Water: Private, Well
  • Utility Description: Natural Gas Available

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Frame, Block, Log, Vinyl Siding
  • Foundation: Block
  • Roof: Architectural Shingle, Flat, Pitched, Rubber
  • Square Feet: 8,566
  • Sq. Ft. Source: Estimated
  • Living Area: 8,566 Sq. Ft.
  • Finished Above Grnd: 8,566 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Average, Good

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 1
  • Lot Size (Sq. Ft.): 43,560
  • Lot Size Source: Assessor
  • Zoning: RCDEO

Financial Considerations

  • Price Per Sq. Ft.: $90.46
  • Operating Expenses: $17,550
  • Assessment Year: 2026
  • County Tax: $7,400
  • County Tax Freq: Annually
  • Tax w/Assessment: $656,233
  • Tax Amount: $9,711
  • Tax Year: 2025
  • Owner Pays: Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Reserves for Replacement, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
  • Tax Total Finished Sq. Ft.: 6946

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Keller Williams Realty Centre, Vishal P Doddanna

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 16700 Frederick Rd —

  • Vishal P Doddanna

    Keller Williams Realty Centre

Listing Office Email: klrw676@kw.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16700 Frederick Rd

School District:Howard County Public Schools
NameGradesDistance
Lisbon Elementary School
15901 Frederick Road, Woodbine, MD 21797
K-51.6 mi
Bushy Park Elementary School
14601 Carrs Mill Rd, Glenwood, MD 21738
K-54.9 mi
Glenwood Middle School
2680 Maryland 97, Glenwood, MD 21738
6-85 mi
Glenelg High School
14025 Burntwoods Road, Glenelg, MD 21737
9-126.9 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 16700 Frederick Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Price Reduced
$774,899
—
MLS
5/15/2026
Price Increased
$774,900
—
MLS
5/09/2026
Price Reduced
$774,899
—
MLS
5/08/2026
Price Increased
$774,900
—
MLS
4/30/2026
Price Reduced
$774,899
—
MLS
4/18/2026
Listed
$774,900
—
MLS
Get Price Alerts and Save Property
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 for 16700 Frederick Rd

Year
Property Taxes
Change
Tax Assessment
Change
2022
$74,925
—
$9,526,900
3%
2022
$74,925
—
$9,223,167
3%
2022
$74,925
—
$8,919,433
34%
2022
$74,925
252%
$6,654,100
35%
2019
$21,274
35357%
$4,927,833
54%
2021
$60
—
$3,201,567
117%
2020
$60
—
$1,475,300
—
2019
$60
—
$1,475,300
—
2018
$60
—
$1,475,300
-12%
2017
$60
—
$1,668,000
—
2016
$60
—
$1,668,100
—
2015
$60
—
$1,668,100
-2%
2014
$60
—
$1,694,400
—
View All
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 for 16700 Frederick Rd

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty Centre, Vishal P Doddanna

Just Listed near 16700 Frederick Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Carrs Mill Rd, Woodbine, MD 21797 - Photo 1 Just Listed
$499,990

Carrs Mill Rd  Woodbine, MD 21797

  • Lots/Land
  • Active
  • Updated 1 day ago
  • 7.71
    Acres
Listed by HomeSmart, Jesse L Hoffman and HomeSmart, Bradley West
6594 Hemlock Point Rd, New Market, MD 21774 - Photo 1 Just Listed
$585,000

6594 Hemlock Point Rd  New Market, MD 21774

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 5
    Total Baths
  • 2,132
    Sq. Ft.
Listed by RE/MAX Realty Centre, Inc., Jill C Coleman
10726 Lamoka Ln, New Market, MD 21774 - Photo 1 Just Listed
$429,990

10726 Lamoka Ln  New Market, MD 21774

  • Townhouse
  • Active
  • Updated 10 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,920
    Sq. Ft.
Listed by Bach Real Estate, Jennifer C Grove
5604 Worchester Ct, New Market, MD 21774 - Photo 1 Just Listed
$595,000
Open House

5604 Worchester Ct  New Market, MD 21774

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,340
    Sq. Ft.
Listed by Market Realty, Allison M Meador

Price Reduced near 16700 Frederick Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10490 Lakeridge Ct, New Market, MD 21774 - Photo 1 Price Reduced
-$100,000 (-8.33%)
$1,100,000

10490 Lakeridge Ct  New Market, MD 21774

  • Single Family
  • Active
  • Updated 3 days ago
  • 6
    Beds
  • 4
    Total Baths
  • 3,900
    Sq. Ft.
Listed by Compass, Janelle Harwood
4603 Arboretum Dr, Monrovia, MD 21770 - Photo 1 Price Reduced
-$5,100 (-0.58%)
$874,900
Open House

4603 Arboretum Dr  Monrovia, MD 21770

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 5,176
    Sq. Ft.
Listed by Taylor Properties, Joseph P Howerton
148 Wicomico Ct, New Market, MD 21774 - Photo 1 Price Reduced
-$45,000 (-8.82%)
$465,000

148 Wicomico Ct  New Market, MD 21774

  • Single Family
  • Active
  • Updated 5 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,116
    Sq. Ft.
Listed by Keller Williams Realty Centre, Terez N Dorsey
6610 Commodore Ct, New Market, MD 21774 - Photo 1 Price Reduced
-$15,000 (-3.09%)
$470,000
Open House

6610 Commodore Ct  New Market, MD 21774

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,516
    Sq. Ft.
Listed by Rory S. Coakley Realty, Inc., Jonathan Triandafilou and Rory S. Coakley Realty, Inc., Christopher B Nagel

Recent Sales near 16700 Frederick Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1625 Old Annapolis Rd, Woodbine, MD 21797 - Photo 1 Sold
$800,000

1625 Old Annapolis Rd  Woodbine, MD 21797

  • Single Family
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 3,610
    Sq. Ft.
Listed by Northrop Realty, Anthony M Friedman and Northrop Realty, Tori Katarina Hogan
Sold by Berkshire Hathaway HomeServices PenFed Realty, Paula A Canova
921 Lady Anne Ct SE, Mount Airy, MD 21771 - Photo 1 Sold
$726,000

921 Lady Anne Ct SE  Mount Airy, MD 21771

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 3,412
    Sq. Ft.
Listed by The KW Collective, Charlotte Savoy
Sold by Keller Williams Realty Centre, Jeannette A Westcott
1629 Brittle Branch Way, Woodbine, MD 21797 - Photo 1 Sold
$885,000

1629 Brittle Branch Way  Woodbine, MD 21797

  • Single Family
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 4,756
    Sq. Ft.
Listed by Cummings & Co. Realtors, Vicki P Baxter
Sold by Keller Williams Realty Centre, Kimberly Berry and Keller Williams Realty Centre, Jay J Fischetti
7001 Watersville Rd, Mount Airy, MD 21771 - Photo 1 Sold
$750,000

7001 Watersville Rd  Mount Airy, MD 21771

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,540
    Sq. Ft.
Listed by RE/MAX Results, Hugo L Quinonez
Sold by Northrop Realty, Aurora A Smith

16700 Frederick Road, Mount Airy, MD 21771 (MLS# MDHW2067038) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 16700 Frederick Road is currently listed for $774,899 and was received on April 18, 2026. Want to learn more about 16700 Frederick Road? Do you have questions about finding other Multi-Family real estate for sale in Mount Airy? You can browse all Mount Airy real estate or contact a Coldwell Banker agent to request more information.

Tour this property