315 Frederick St

Cumberland, MD 21502

$299,900
Price
—
Beds
—
Baths
4,500 Sq. Ft.
$67 / Sq. Ft.
4,500
Sq. Ft.
$67
per Sq. Ft.

Description

Investment opportunity in Cumberland, Maryland. This nine-unit property is comprised entirely of efficiency apartments. The building also features a small commercial space currently utilized as a tenant laundry area. The landlord covers utilities. Gas boiler replaced 2 years ago. Ideally positioned with easy access to downtown amenities, shopping, and transportation routes.
9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month
Other properties available
discount for purchase...Investment opportunity in Cumberland, Maryland. This nine-unit property is comprised entirely of efficiency apartments. The building also features a small commercial space currently utilized as a tenant laundry area. The landlord covers utilities. Gas boiler replaced 2 years ago. Ideally positioned with easy access to downtown amenities, shopping, and transportation routes.

9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month

Other properties available
discount for purchase of all properties
-229 E Union - 5 Units
- 339/341 Frederick 5 Units
- Commercial Lot Front & Baltimore .08 Acres
  1. Listed by Taylor Bowen • Berkshire Hathaway HomeServices Homesale Realty
    P: (301)-745-1623 taylor@bowencommercial.com

Property Details for 315 Frederick Street

Tax ID Number
0123003163
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Central Air
No
Above Grade Finished SQFT
4,500.00
LISTING UPDATED: 02/06/2026 08:23 PM

Property Details for 315 Frederick Street

StatusActive
MLS #MDAL2013850
Days on Market3
Taxes$2,048 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1948
Lot Size0.19 AC / 8,276 SF
CountyAllegany County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
Add your commute

Building Information for 315 Frederick Street

Stories-Residences2Year Built1948Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$1,632 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,462

Property Taxes

$171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 315 Frederick Street

Location
Location
  • In City Limits: Yes
  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140562208
  • SchoolDistrictSource: Listing Agent
  • County: ALLEGANY
  • MLS Area: N Cumberland - Allegany County (MDAL1)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $105,000
  • Year Assessed: 2023
  • City Town Tax: $1,091
  • Zoning: URBAN RESIDENTIAL
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 9
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1
  • Number Of Units Vacant: 6
  • Number Of Units Month To Month: 3
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 4,500.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: Other
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Private Sewer
Confidential Data
Listing Office
  • List Agent AOR: Pen-Mar REALTORS

Property History for 315 Frederick Street

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

BRIGHT #MDAL2013850

$299,900—
Jun 2, 2023

Withdrawn

BRIGHT #MDAL2005230

—
Apr 4, 2023

Listed (Active)

BRIGHT #MDAL2005230

—
Mar 9, 2023

Temp Off Market

BRIGHT #MDAL2005230

—
Jan 23, 2023

Listed (Active)

BRIGHT #MDAL2005230

$349,999—
Apr 3, 2015

Expired

BRIGHT #1007118674

—
Oct 9, 2014

Listed (Active)

BRIGHT #1007118674

$289,000—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

BRIGHT #MDAL2013850

$299,900
06/02/2023

Withdrawn

BRIGHT #MDAL2005230

—
04/04/2023

Listed (Active)

BRIGHT #MDAL2005230

—
03/09/2023

Temp Off Market

BRIGHT #MDAL2005230

—
01/23/2023

Listed (Active)

BRIGHT #MDAL2005230

$349,999
04/03/2015

Expired

BRIGHT #1007118674

—
10/09/2014

Listed (Active)

BRIGHT #1007118674

$289,000

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

Public Records for 315 Frederick Street

Taxable ValueLand-Additions-Total-
Tax Record2023$977 ($81 / month)
Home Facts
Total Finished SqFt520 SqFtAbove Grade Finished SqFt520 SqFtStories2Lot Size8,282 SqFtStyleLaundryYear Built1948ZoningB-LCountyALLEGANYAPN23-003163

Schools near 315 Frederick Street

This home is within Allegany County Public Schools.
Rating
School
Type
Grades
Distance
West Side Elementary School
Public - PK to 5
Braddock Middle School
Public - 6 to 8
Allegany High School
Public - 9 to 12
Center For Career & Technology Education
Public - 11 to 12
Rating
School
Distance
West Side Elementary School
PublicPK to 5

Braddock Middle School
Public6 to 8

Allegany High School
Public9 to 12

Center For Career & Technology Education
Public11 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.

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More information about 315 Frederick Street, Cumberland, MD 21502

315 Frederick Street is a multi-family home for sale in Cumberland, MD 21502. This property was listed for sale on February 6, 2026 by Berkshire Hathaway HomeServices Homesale Realty, it's currently listed at $299,900. This listing's school district is Allegany County Public Schools. Nearby schools include West Side Elementary School, Braddock Middle School and Allegany High School. 315 Frederick Street is a 0-bed, 0-bath, 4,500 sqft multi-family home built in 1948.

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 Berkshire Hathaway HomeServices Homesale Realty

© 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 02/06/2026 08:23 PM