816 Fairmount Ave Cambridge, MD 21613
Estimated payment $738/month
About This Home
Attention Investors.! An excellent opportunity to own a two‐unit multifamily property with strong investment potential. This solid two‐unit multifamily investment property offers excellent upside for the right buyer. Each unit provides its own private entrance, separate utilities, and flexible floor plans ideal for long‐term tenants or short‐term rental strategies. The home needs repairs and updates throughout, giving investors the opportunity to add value quickly and increase rental income. Located in a convenient area close to local amenities, this property is well‐positioned for strong future returns once renovated. Perfect for contractors, seasoned investors, or anyone looking to build equity through improvement.
Listing Agent
(410) 822-2152 Sunshinerealty2116@gmail.com Sunshine Realty LLC Brokerage Phone: 4108222152 Listed on: 03/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $887
Year Built
- Built in 1928
Lot Details
- 2,200 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,312 Sq Ft Home
- Crawl Space
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1007123450
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 | $887 | $47,200 | $8,000 | $39,200 |
| 2024 | $693 | $42,333 | $0 | $0 |
| 2023 | $693 | $37,467 | $0 | $0 |
| 2022 | $603 | $32,600 | $8,000 | $24,600 |
| 2021 | $602 | $32,267 | $0 | $0 |
| 2020 | $602 | $31,933 | $0 | $0 |
| 2019 | $602 | $31,600 | $8,000 | $23,600 |
| 2018 | $587 | $31,600 | $8,000 | $23,600 |
| 2017 | $587 | $31,600 | $0 | $0 |
| 2016 | -- | $32,600 | $0 | $0 |
| 2015 | $655 | $32,600 | $0 | $0 |
| 2014 | $655 | $32,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $125,000 | -- | $95 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $15,000 | -- | |
| Deed | $13,900 | -- |
Source: Bright MLS
MLS Number: MDDO2011602
APN: 07-123450
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