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Frederick, MD Multifamily Homes & Duplexes for Sale

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  • /53

    $535,000

    • Studio
    • 1,503 Sq Ft

    624 Military Rd, Frederick, MD 21702

    All Brick Multi Unit Property. Perfect for Investors or Live in one unit and rent the other. Can easily be converted back to single family home. Main level features 2 bedrooms with new carpeting, one renovated full bath, kitchen area and main living area with hardwood floors. Upper level with one bedroom, kitchen, living room and one full bath. Main level is currently vacant, but did rent for

    Diane Heppner RE/MAX Plus

    624 Military Rd, Frederick, MD 21702
  • /64

    $699,999

    $50K PRICE DROP
    • Studio
    • 2,420 Sq Ft

    24 Hamilton Ave, Frederick, MD 21701

    Assumable FHA loan at 2.25% available. Contact listing agent for more information Opportunity to own a certified lead free turn key 4-unit property just outside of downtown Frederick! Zoned for Downtown residential provides the opportunity to potentially add additional units since the lot is large enough to accommodate additional parking. Each of the 4 units contain one bedroom and one bathroom.

    Will Bowman Keller Williams Legacy

    24 Hamilton Ave, Frederick, MD 21701

Why Live in Frederick

Frederick's historic downtown buzzes with activity along Carroll Creek Linear Park, where water features and public art create an inviting atmosphere for walking and dining. The city's rich Civil War heritage comes alive at the National Museum of Civil War Medicine and Monocacy National Battlefield. Cultural attractions include the beautifully restored Weinberg Center for the Arts and the Delaplaine Arts Center, which hosts regular art exhibitions and workshops. Outdoor recreation spans from Baker Park's expansive green spaces to hiking trails at nearby Catoctin Mountain Park and Gambrill State Park.

The Frederick housing market includes diverse options across distinct neighborhoods. The median sale price for homes in Frederick is $450,000. Single family homes in the Baker Park neighborhood command a median price of $989,000, while Spring Ridge homes have a median price of $720,000. Townhouses are prevalent in Wormans Mill with a median price of $435,000. Condominiums provide more affordable options, with one bedroom units at a median price of $227,000 and two bedrooms at $275,000.

Living costs in Frederick run 30.1% above the national average. A family with school age children needs approximately $137,000 annually to live comfortably, while renters should aim for $78,000. The effective property tax rate is 1.02%, with a combined state and local income tax rate of 7.71%. Frederick's location 45 miles from both Washington D.C. and Baltimore provides access to major employment centers via I 70 and I 270, with MARC train service to D.C. Top rated schools include Oakdale High School and St. John Regional Catholic School, while Hood College adds higher education opportunities to the community.

Home Price Trends

Median Sale Price
$453,000
Median Single Family Sale Price
$610,000
Median Townhouse Sale Price
$420,000
Median 2 Bedroom Sale Price
$299,950
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$217
Number of Homes for Sale
567
Last 12 months Home Sales
2,117
Months of Supply
3.20
Median List Price
$469,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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