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$365,000
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Property Description
PRIME INVESTMENT OPPURTUNITY! Recently renovated (including plumbing and electric) in 2025, this triplex is a rare opportunity in the heart of downtown Oakland, MD. With three separate units, you'll have the potential for three streams of rental income from one property. Buyer could live in one unit and rent the other units out to help offset mortgage costs! Whether you're a seasoned investor or just getting started, this turnkey property offers updated finishes, strong income potential, and a prime location just steps from shops, restaurants, and everything downtown has to offer. Top floor is 1-bedroom and 1-bathroom. Middle floor is 2-bedroom and 1-bathroom. Bottom floor is 2-bedroom, 1-bathroom and has a laundry hookup. Contact me today with any questions or to schedule a time to tour the property!
Full Property Details
Full Property Details for 615 E Oak St
General
- Price: $365,000
- Taxes: $1,262 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDGA2012446
- Updated: 7/24/2026
- Added to Site: 21 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 1
- Bedrooms Lower: 2
- Bedrooms Main & Up: 2
Parking
- Total Spaces: 3
- Parking Type: Driveway, On Street
Location
- Municipality: Oakland
- County: GARRETT
- Subdivision: OAKLAND
- Driving Directions: From S Third Street turn left onto E Oak Street. The property is about 1//2 a mile down the road on the right. Sign in the front yard.
- City Limits: Yes
School Information
- School District: Garrett County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Frame, Block
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Block
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 2,652
- Sq. Ft. Source: Estimated
- Living Area: 2,652 Sq. Ft.
- Finished Above Grnd: 1,664 Sq. Ft.
- Finished Below Grnd: 988 Sq. Ft.
- Year Built: 1926
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
Unit 1
- Bathrooms-Lower: 1
- Bedrooms-Lower: 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662
- Lot Size Source: Assessor
- Zoning: R
Financial Considerations
- Price Per Sq. Ft.: $219.35
- Assessment Year: 2026
- City/TownTax: $371
- City/TownTax Freq: Annually
- County Tax: $891
- County Tax Freq: Annually
- Tax w/Assessment: $83,333
- Tax Amount: $1,262
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1664
Disclosures and Reports
- Ownership: Fee Simple
Listed by Railey Realty, Inc., Lucas Alan Muenchow
Get Pre-Approved Today
Schools
Schools serving 615 E Oak St
School District:Garrett County Public Schools
| Name | Grades | Distance |
|---|---|---|
Broad Ford Elementary School 607 Harvey Winters Drive, Oakland, MD 21550 | PK-5 | 1.4 mi |
Southern Middle School, Oakland, MD 605 Harvey Winters Drive, Oakland, MD 21550 | 6-8 | 1.4 mi |
Southern Garrett High School 345 Oakland Drive, Oakland, MD 21550 | 9-12 | 0.7 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 615 E Oak St
Date
Details
Price
Change
Source
7/24/2026
Listed
$365,000
575.93%
MLS
1/14/2022
Sold
$54,000
—
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 615 E Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,320
5%
$83,333
6%
2025
$1,262
1%
$78,700
4%
2024
$1,244
4%
$75,833
4%
2023
$1,197
4%
$72,967
4%
2022
$1,150
6%
$70,100
3%
2020
$1,084
3%
$68,100
6%
2020
$1,051
4%
$64,100
-3%
2017
$1,009
—
$66,100
3%
2019
$1,009
—
$64,100
—
2018
$1,009
—
$64,100
—
2017
$1,004
—
$64,100
—
2016
$1,004
—
$64,100
—
2015
$1,009
1%
$64,100
-1%
2014
$1,002
—
$64,600
—
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 615 E Oak St
615 E Oak Street, Oakland, MD 21550 (MLS# MDGA2012446) is a Single Family property with 5 bedrooms and 3 full bathrooms. 615 E Oak Street is currently listed for $365,000 and was received on July 24, 2026. Want to learn more about 615 E Oak 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.

