15 Decatur St Cumberland, MD 21502
Estimated payment $1,059/month
Highlights
- City View
- Wood Flooring
- Radiator
About This Home
Turnkey Triplex with Income Potential – Expand Your Investment Portfolio Today!
This triplex is a golden opportunity for investors seeking strong cash flow and future upside. Featuring two spacious 2-bedroom units and one well-appointed 1-bedroom unit. A potential 4th unit or dedicated storage area adds flexibility and long-term value. Recent upgrades include a new metal roof, three brand-new gas furnaces, and ductwork installed for future mini-split systems. All appliances convey for a hassle-free transition.
One unit is currently rented at $950/month, and each unit is separately metered for gas and electric—keeping expenses in check. Tenants pay their own gas and electric, while the owner covers water, sewer, and trash.
Perfectly positioned near downtown Cumberland, shopping, restaurants, and medical facilities. Call today to schedule a tour! This is your chance to own a high-potential, income-producing property in a growing market. Seller will consider a package deal with other available properties which include: MDAL2012462, MDAL2012546
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,525
Year Built
- Built in 1890
Lot Details
- 3,650 Sq Ft Lot
- Property is in good condition
Home Design
- Triplex
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
- Metal Roof
Interior Spaces
- City Views
Kitchen
- Gas Oven or Range
- Stove
Flooring
- Wood
- Carpet
- Laminate
Laundry
- Dryer
- Washer
Parking
- Public Parking
- On-Street Parking
Utilities
- Radiator
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 0123006707
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $716 | $77,600 | $0 | $0 |
| 2024 | $716 | $76,400 | $0 | $0 |
| 2023 | $700 | $75,200 | $3,200 | $72,000 |
| 2022 | $781 | $73,733 | $0 | $0 |
| 2021 | $676 | $72,267 | $0 | $0 |
| 2020 | $657 | $70,800 | $3,200 | $67,600 |
| 2019 | $661 | $70,800 | $3,200 | $67,600 |
| 2018 | $667 | $70,800 | $3,200 | $67,600 |
| 2017 | $711 | $77,500 | $0 | $0 |
| 2016 | $718 | $74,900 | $0 | $0 |
| 2015 | $673 | $72,300 | $0 | $0 |
| 2014 | $673 | $69,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $175,000 | +133.3% | $50 / Sq Ft |
| 06/22/2022 06/22/22 | Sold | $75,000 | -11.8% | $21 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | Price Changed | $85,000 | +13.3% | $24 / Sq Ft |
| 12/13/2021 12/13/21 | Price Changed | $75,000 | -11.8% | $21 / Sq Ft |
| 11/10/2021 11/10/21 | For Sale | $85,000 | 0.0% | $24 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | For Sale | $85,000 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Cla Title & Escrow | |
| Deed | -- | Cla Title & Escrow | |
| Deed | $75,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $56,250 | New Conventional | |
| Previous Owner | $56,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: MDAL2012472
APN: 23-006707
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