$275,000

Estimated payment $1,795/month

Total Views 2,330
-- Bed
-- Bath
1,680 Sq Ft
$164 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Traditional Floor Plan
  • Attic
  • Replacement Windows

About This Home

INVESTOR Opportunity in the Heart of Thurmont! This fully occupied duplex offers a solid income-producing asset in a prime location. Each of the two spacious 2-bedroom units is currently rented by long-term tenants on month-to-month leases, generating a combined monthly income of $1,835. Both units are separately metered for electric and individually heated with oil, and tenants are responsible for all utilities except water and sewer, keeping operating expenses low. The property includes five off-street parking spaces (two per unit plus one visitor spot), a large yard, and an outbuilding. Additional features include a basement with laundry hookups and storage dedicated to Unit 1, and a walk-up attic providing storage space for Unit 2. This is an investment with strong fundamentals, located close to shopping, schools, and commuter routes—making it a smart addition to any rental portfolio. Sold As-Is.

Listing Agent

Carroll Glass

J&B Real Estate License #5014270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1910

Lot Details

  • 0.36 Acre Lot
  • Property is in average condition

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Traditional Floor Plan
  • Replacement Windows
  • Built-In Range
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking
  • Parking Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 1115321369

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Operating Expense $1,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,156

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • New Construction: No
  • Expected On Market: 2025-04-25
  • Year Built: 1910
  • Remarks Public: INVESTOR Opportunity in the Heart of Thurmont! This fully occupied duplex offers a solid income-producing asset in a prime location. Each of the two spacious 2-bedroom units is currently rented by long-term tenants on month-to-month leases, generating a combined monthly income of $1,835. Both units are separately metered for electric and individually heated with oil, and tenants are responsible for all utilities except water and sewer, keeping operating expenses low. The property includes five off-street parking spaces (two per unit plus one visitor spot), a large yard, and an outbuilding. Additional features include a basement with laundry hookups and storage dedicated to Unit 1, and a walk-up attic providing storage space for Unit 2. This is an investment with strong fundamentals, located close to shopping, schools, and commuter routes—making it a smart addition to any rental portfolio. Sold As-Is.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Floor Plan - Traditional, Pantry, Wood Floors
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 2520
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 163.69
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Sq Ft: 840
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 129

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15770.00
  • Property Condition: Average
  • Year Assessed: 2025
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 22020.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3156.00
  • Assessor Parcel Number: 1115321369
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 22020.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1280.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,044 $196,567 $0 $0
2023 $2,658 $174,200 $60,000 $114,200
2022 $2,636 $172,667 $0 $0
2021 $2,577 $171,133 $0 $0
2020 $2,555 $169,600 $60,000 $109,600
2019 $2,542 $168,733 $0 $0
2018 $2,478 $167,867 $0 $0
2017 $2,440 $167,000 $0 $0
2016 $2,769 $162,367 $0 $0
2015 $2,769 $157,733 $0 $0
2014 $2,769 $153,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $275,000 0.0% $164 / Sq Ft
04/19/2018 04/19/18 Rented $795 0.0% --
04/19/2018 04/19/18 Under Contract -- -- --
03/05/2018 03/05/18 For Rent $795 -- --
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: MDFR2062578

Bright MLS

APN: 15-321369