$600,000
PENDING $300K PRICE DROP

Estimated payment $4,054/month

Total Views 66,946
Studio
-- Bath
2,848 Sq Ft
$211 Price per Sq Ft

Highlights

  • Federal Architecture
  • Wood Flooring
  • Central Heating
  • Spring Ridge Elementary School Rated A-
  • Cooling Available
  • 2-minute walk to East 3rd Street Park

About This Home

Welcome to 232 E 2nd Street, located in the beautiful Historic District of downtown Frederick—just minutes from local shops, restaurants, and parks. This four-level brick rowhome is currently configured as a four-unit multifamily property. All of the units are currently vacant. The additional units include: - Two 2-bedroom units (previously rented between $1,200 and $1,500 each)
- One 1-bedroom unit (previously rented between $1,000 and $1,200)
_ Efficiency Unit (previously rented for 25 years for $700) Featuring a beautiful yard and classic historic charm, this property is a golden opportunity for a savvy investor or a buyer looking for a fixer-upper with immense potential. With a little imagination and innovation, you can maximize the possibilities of this unique home. Sold strictly "As Is" and priced accordingly

Listing Agent

Teresa Burton

(240) 219-2422 homes@teresaburton.com Compass Brokerage Phone: 2402192422 Listed on: 03/07/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,837

Year Built

  • Built in 1880

Lot Details

  • 3,940 Sq Ft Lot

Home Design

  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Frederick Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102093448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,837

Year Built

Built in 1880

Lot Details

3,940 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 3/7/2026 12:00:00 AM
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 3972
  • Living Area Sq Ft: 2848
  • Price Per Sq Ft: 210.67
  • Above Grade Finished Sq Ft: 2848
  • Below Grade Sq Ft: 1124
  • Total Below Grade Sq Ft: 1124
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Central
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 20.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3940.00
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9837.00
  • Assessor Parcel Number: 1102093448
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,746 $538,900 $109,100 $429,800
2024 $8,746 $466,500 $0 $0
2023 $7,214 $394,100 $0 $0
2022 $5,904 $321,700 $109,100 $212,600
2021 $5,249 $303,667 $0 $0
2020 $5,249 $285,633 $0 $0
2019 $4,927 $267,600 $109,100 $158,500
2018 $4,925 $265,100 $0 $0
2017 $4,833 $267,600 $0 $0
2016 $4,710 $260,100 $0 $0
2015 $4,710 $259,300 $0 $0
2014 $4,710 $258,500 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Pending -- -- --
05/06/2026 05/06/26 Price Changed $600,000 -33.3% $211 / Sq Ft
03/07/2026 03/07/26 For Sale $899,900 -- $316 / Sq Ft
Source: Bright MLS

About the Listing Agent

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Source: Bright MLS

MLS Number: MDFR2077596

Bright MLS

APN: 02-093448

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