481 Goethe St Cumberland, MD 21502
Estimated payment $334/month
Total Views
7,153
--
Bed
--
Bath
2,352
Sq Ft
$19
Price per Sq Ft
About This Home
Calling all investors! This 3-unit multifamily property is a rare find – located within walking distance to historic Downtown Cumberland and just minutes from I-68 access, making it ideal for future tenants. Each unit offers strong rental potential with separate entrances and utility setups. The property is in need of major rehab – perfect for buyers looking to renovate and add value. With the right vision, this triplex could generate solid cash flow in a high-demand rental area.
Listing Agent
Mountainside Home Realty License #WVS240303507 Listed on: 08/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,069
Year Built
- Built in 1910
Home Design
- Triplex
- Fixer Upper
- Block Foundation
- Asphalt Roof
- Shingle Siding
Parking
- Driveway
- Off-Street Parking
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Additional Features
- Level Entry For Accessibility
- 3,340 Sq Ft Lot
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 0123006502
Map
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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 | $502 | $60,833 | $0 | $0 |
| 2024 | $502 | $53,567 | $0 | $0 |
| 2023 | $431 | $46,300 | $3,000 | $43,300 |
| 2022 | $420 | $45,267 | $0 | $0 |
| 2021 | $414 | $44,233 | $0 | $0 |
| 2020 | $401 | $43,200 | $3,000 | $40,200 |
| 2019 | $390 | $41,700 | $0 | $0 |
| 2018 | $382 | $40,200 | $0 | $0 |
| 2017 | $365 | $38,700 | $0 | $0 |
| 2016 | $371 | $38,700 | $0 | $0 |
| 2015 | $414 | $38,700 | $0 | $0 |
| 2014 | $414 | $42,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | Price Changed | $45,000 | -18.2% | $19 / Sq Ft |
| 08/03/2025 08/03/25 | For Sale | $55,000 | +22.2% | $23 / Sq Ft |
| 04/22/2016 04/22/16 | Sold | $45,000 | -29.6% | $19 / Sq Ft |
| 04/19/2016 04/19/16 | Pending | -- | -- | -- |
| 12/27/2013 12/27/13 | For Sale | $63,900 | -- | $27 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,000 | Attorney | |
| Deed | $50,000 | -- | |
| Deed | $39,000 | -- | |
| Deed | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available |
Source: Public Records
Similar Homes in Cumberland, MD
Source: Bright MLS
MLS Number: MDAL2012506
APN: 23-006502
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