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$449,000

  • For Sale
  • Active
  • Single Family
  • 4,192 Sq. Ft.
  • 1 Car Garage
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Rare opportunity to own a beautifully remodeled multifamily duplex in the heart of downtown Oakland! Situated on a desirable corner lot and conveniently located near Garrett Regional Medical Center, downtown shopping, dining, and local amenities, this property offers an exceptional combination of location, versatility, and investment potential. Both units have been fully remodeled with upgraded kitchens, beautifully updated bathrooms, and new flooring throughout, providing modern finishes while maintaining the character and functionality of the home. One side features 3 bedrooms and 2.5 bathrooms, while the other offers 3 bedrooms and 2 bathrooms, making this an ideal property for an investor seeking a strong multifamily opportunity or an owner-occupant looking to live in one unit while generating rental income from the other. Multifamily properties in downtown Oakland are a rare find, and opportunities like this don't come along often. Whether you're expanding your investment portfolio or looking for a property that can help offset your living expenses, this duplex deserves your attention. Truly a must-see!

Full Property Details for 425 E Alder St

General

  • Price: $449,000
  • Taxes: $2,893 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDGA2012842
  • Updated: 9/23/2026
  • Added to Site: 19 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Insert

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: Detached Garage, Off Street
  • Garage Description: Oversized

Location

  • County: GARRETT
  • Driving Directions: 425 / 423 East Alder Street
  • Location Details: Corner Lot/Unit
  • City Limits: Yes

School Information

  • School District: Garrett County Public Schools

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Block
  • Square Feet: 4,192
  • Sq. Ft. Source: Assessor
  • Living Area: 2,752 Sq. Ft.
  • Finished Above Grnd: 2,752 Sq. Ft.
  • Year Built: 1895
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • Other Units: Unit 1, Unit 1

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size Source: Assessor
  • Street/Road Desc.: Paved
  • Zoning: R

Financial Considerations

  • Price Per Sq. Ft.: $163.15
  • Assessment Year: 2026
  • City/TownTax: $862
  • City/TownTax Freq: Annually
  • County Tax: $2,031
  • County Tax Freq: Annually
  • Tax w/Assessment: $182,633
  • Tax Amount: $2,893
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 2752

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Railey Realty, Inc., Justin D Liller

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Listing agent

— 425 E Alder St —

  • Justin D Liller

    Railey Realty, Inc.

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 425 E Alder St

School District:Garrett County Public Schools
NameGradesDistance
Broad Ford Elementary School
607 Harvey Winters Drive, Oakland, MD 21550
PK-51.4 mi
Southern Middle School, Oakland, MD
605 Harvey Winters Drive, Oakland, MD 21550
6-81.4 mi
Southern Garrett High School
345 Oakland Drive, Oakland, MD 21550
9-120.8 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 425 E Alder St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2026
Listed
$449,000
199.33%
MLS
5/06/2026
Sold
$150,000
—
Public Record
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 425 E Alder St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,893
38%
$182,633
30%
2025
$2,089
1%
$140,400
7%
2024
$2,068
3%
$131,233
8%
2023
$2,002
8%
$122,067
8%
2022
$1,852
2%
$112,900
1%
2020
$1,820
5%
$111,933
1%
2017
$1,731
—
$110,967
1%
2019
$1,731
8%
$110,000
8%
2015
$1,609
4%
$102,233
4%
2014
$1,544
—
$98,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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

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NMLS#: 1598647

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Listed by Railey Realty, Inc., Justin D Liller

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425 E Alder Street, Oakland, MD 21550 (MLS# MDGA2012842) is a Single Family property with 0 bedrooms and 0 full bathrooms. 425 E Alder Street is currently listed for $449,000 and was received on September 23, 2026. Want to learn more about 425 E Alder Street? Do you have questions about finding other Single Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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