16700 Frederick Rd

5
Baths
8,566 Sq. Ft.
$90 / Sq. Ft.
8,566
Sq. Ft.
$90
per Sq. Ft.

Description

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...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
  1. Listed by Vishal P Doddanna • Keller Williams Realty Centre
    P: (443)-718-9646 vishal@vidonagroup.com

Property Details for 16700 Frederick Road

Tax ID Number
1404367464
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-04-2026
Total Parking Spaces
15
LISTING UPDATED: 05/09/2026 09:37 AM

Property Details for 16700 Frederick Road

StatusActive
MLS #MDHW2067038
Days on Market27
Taxes$9,711 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size1.00 AC / 43,560 SF
CountyHoward County

Location

Listing Courtesy of Keller Williams Realty Centre
Add your commute

Building Information for 16700 Frederick Road

Stories-Residences4Year Built1900Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,711 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,902

Property Taxes

$809

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 16700 Frederick Road

Location
Location
  • In City Limits: No
  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • School District County ID: 121139568958
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LISBON (HOWARD MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: GLENWOOD (HOWARD MD)
  • MiddleSchoolSource: Listing Agent
  • High School: GLENELG (HOWARD MD)
  • HighSchoolSource: Listing Agent
  • County: HOWARD
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $656,233
  • Year Assessed: 2026
  • County Tax: $7,400
  • Improvement Assessed Value: $448,800
  • Land Assessed Value: $239,500
  • Clean Green Assessed: No
  • Front Foot Fee: $0
  • Front Foot Fee Payment Frequency: Annually
  • Land Use Code: C
  • Refuse Fee: $365
  • Zoning: RCDEO
  • Zoning Dscrp: Rural Residential, Auto Garage is grandfathered in
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Reserves for Replacement, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: 16700 Frederick Rd - 3BR/2BA Detached Home
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: 16706 Frederick Rd - 3BR/2BA 2-level Apartment
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 16706 #A Frederick Rd - 2BR/1BA apartment
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Unit Type Features: 16708 Frederick Rd - Auto Repair Shop
Financial Information
Expenses
  • Operating Expense: $17,551
  • Operating Expense Includes: Insurance, Snow Removal, Trash
Financial Information
  • Gross Income: $74,158
  • Gross Scheduled Income: $74,160
  • Net Operating Income: $56,609
  • Annual Rental Income: $74,160
  • Income Includes: Apartment Rentals, Shop Rentals
  • Existing Lease Type: Gross, Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 8,566.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 15439311
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 15
  • Parking Features: Asphalt Driveway, Gravel Driveway
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Wood, Other
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: Multi Units, Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Private, Well
  • Sewer Septic: Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 16700 Frederick Road

DateEvent & SourcePriceAppreciation
May 9, 2026

Price Change

BRIGHT #MDHW2067038

$774,899
May 9, 2026

Price Change

BRIGHT #MDHW2067064

$774,899
May 8, 2026

Price Change

BRIGHT #MDHW2067064

$774,900
DateEvent & SourcePrice
05/09/2026

Price Change

BRIGHT #MDHW2067038

$774,899
05/09/2026

Price Change

BRIGHT #MDHW2067064

$774,899
05/08/2026

Price Change

BRIGHT #MDHW2067064

$774,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 16700 Frederick Road

This home is within Howard County Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lisbon Elementary School
PublicK to 5

Glenwood Middle School
Public6 to 8

Glenelg High School
Public9 to 12

Applications And Research Laboratory
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

16700 Frederick Road is a multi-family home for sale in Mount Airy, MD 21771. This property was listed for sale on April 18, 2026 by Keller Williams Realty Centre, it's currently listed at $774,899. This listing's school district is Howard County Public Schools. Nearby schools include Lisbon Elementary School, Glenwood Middle School and Glenelg High School. 16700 Frederick Road is a 8-bed, 5-bath, 8,566 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Centre

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/09/2026 09:37 AM