USAMDCumberland301 Baltimore Ave
Listing image | Image 1

301 Baltimore Ave, Cumberland, MD

House

For Sale

Listed price in listed location currency (USD).
$335,000

000

MLS® MDAL2015110

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4712 sqft
Garage 
Taxes $3,307
Days Active 2
Lot Size 0.06 Acres
Approx. Age 1920
Avg. Price Per Sqft $71
MLS® Number MDAL2015110

Property Address: 301 Baltimore Ave, CUMBERLAND, MD, 21502-2466

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional mixed-use investment opportunity in the heart of Cumberland. This well-maintained four-unit apartment building with a street-level commercial space offers strong in-place income, upside potential, and long-term stability—all in a convenient downtown location near shops, dining, and everyday amenities. The property is largely occupied and thoughtfully updated, making it a turnkey addition to any portfolio. The ground-floor commercial space features prominent street-facing windows, ideal for office, retail, or storage use, creating an additional revenue stream and flexibility for future tenants or owner use. Each residential unit is separately metered for electric and water, helping minimize owner expenses and simplify management. Unit Breakdown: - Unit 1: 1BR/1BA — Rented at $901/month. Features hardwood floors, in-unit laundry, and a new hot water heater. - Unit 2: 2BR/2BA — Rented at $822/month. Currently undergoing improvements, including new flooring in one bedroom. - Unit 3: 2BR/2BA — rented at $950/month. Offers hardwood floors, in-unit laundry, an open kitchen with island, and stunning city and mountain views—prime for immediate lease-up at market rate. - Unit 4: 1BR/1BA — Rented at $900/month. Recently updated with new carpet and flooring, fresh paint, new countertops, and a new hot water tank. Includes central air. Additional improvements include a fully waterproofed basement (2024) with a new sump pump, providing peace of mind and reduced maintenance concerns. With multiple income streams, solid rental history, and value-add potential through lease optimization and commercial use, this property delivers both immediate cash flow and long-term appreciation in a steadily revitalizing downtown market.
MLS® NumberMDAL2015110
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2026List Date
$335,000List Price
-End Date
Not Sold YetSold Price

For Sale

Oct 16, 2025List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
301 Baltimore Ave, Cumberland, MD

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