The median home value in Cumberland, MD is $135,250.
This is
higher than
the county median home value of $112,000.
The national median home value is $308,980.
The average price of homes sold in Cumberland, MD is $135,250.
Approximately 47% of Cumberland homes are owned,
compared to 36% rented, while
16% are vacant.
Cumberland real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cumberland real estate agent to arrange a tour
today! Learn more about Cumberland Real Estate.
PUBLIC AUCTION ON FRIDAY APRIL 4 STARTING AT 10:00 AM. THE LIST PRICE IS THE RECOMMENDED OPENING BID ONLY. Properties are being offered individually and as an entirety. Deposits in the form of a cashiers check required of all bidders at the time of sale: $20,000 for 700 Fayette St; $10,000 for 708 Fayette St and $25,000 for 635 Washington St. The deposit must be increased to 10% of the purchase price within 5 days of the date of sale. The properties will be open for viewing 1 hour prior to the time of sale and by appointment. Broker Participation Offered. Agents must register their clients at least 48 hours before the auction. See Auctioneers website for terms and additional information. DO NOT MISS THIS OPPORTUNITY!A well-established investment property in Mountain Maryland, specifically on the Westside of Cumberland. The property is all brick, durability and low maintenance. being situated on the Westside of Cumberland with a desirable location, convenient access to local amenities. The property offers a substantial 5,280 square feet of living space spread across 6 units. There are 3 units with 2 bedrooms each, there are also 3 units with 1 bedroom each, Additionally, there's an Airbnb unit, which suggests flexibility in rental strategies and potentially higher rental income due to short-term stays. The established leasing indicates a history of generating rental income, which can provide financial stability and potential for growth. The fact that the property backs to woods can be a selling point, offering privacy, tranquility, and potentially attractive views for tenants. Overall, this property offers a solid investment opportunity due to its size, configuration, location, and income-generating potential through both traditional leasing and short-term rentals like Airbnb.
PUBLIC AUCTION ON FRIDAY APRIL 4 STARTING AT 10:00 AM. THE LIST PRICE IS THE RECOMMENDED OPENING BID ONLY. Properties are being offered individually and as an entirety. Deposits in the form of a cashiers check required of all bidders at the time of sale: $20,000 for 700 Fayette St; $10,000 for 708 Fayette St and $25,000 for 635 Washington St. The deposit must be increased to 10% of the purchase price within 5 days of the date of sale. The properties will be open for viewing 1 hour prior to the time of sale and by appointment. Broker Participation Offered. Agents must register their clients at least 48 hours before the auction. See Auctioneers website for terms and additional information. DO NOT MISS THIS OPPORTUNITY!OWNER'S SALE AUCTION - One of Three Valuable Apartment Buildings Offered in Cumberland, MD on April 4th a@10:00 am in person onsite. Mountian Maryland at it's best! Situated in one of the best valued Historic ares in Cumberland, all brick, backs to woods,establised leasing, boasts of 4,248 square feet of living space, 6 units with 2 bedrooms each.
This is a rare opportunity for prime commercial investment in Western Marylands high-visibility gateway corridor. Located within the Willow Brook Road Extension Project, this site has been designated a strategic â??Development/Investment Opportunity Siteâ? in the citys long-term growth plan. This 15.47-acre property offers exceptional visibility and accessibility, situated just 0.3 miles from Interstate 68 with over 575 feet of road frontage on Willow Brook Road. Within city limits, it benefits from direct access to major regional facilities, ensuring a steady flow of traffic and solidifying its position as a key gateway transit route for the region. Additionally, it is just 2 miles from Downtown Cumberlands Revitalization Project-a recently completed $16 million enhancement that has garnered national attention and become a point of pride for residents as well as a must-see urban destination for visitors. Optimally positioned and annexed into Business Commercial (BC) zoning, this property offers significant development flexibility, making it ideal for a variety of commercial ventures. The site includes a historic two-story structure, multiple outbuildings, and over 7 acres of cleared land, with central areas featuring favorable topography and soil conditions for development. With an Annual Average Daily Traffic (AADT) of over 10,000 vehicles on Willow Brook Road frontage alone-not including traffic that can be captured from Interstate 68 -this location is poised for commercial growth. Additionally, local and regional incentives and resources are available to support development.
2 story commerical building that was once used for store. Some of the equiptment has been removed and building cleaned out and the owner did start some constuction work. This buidling is being sold with the parking lot (959 Glenwood. the parking lot does have it's own tax id number but the price will include both) The seller does not wish to sell them seperately.
Are you looking for that perfect space for your business or offices? Look no further than 152 Bedford St! This brick property has TWELVE parking spaces and is adjacent to the newly renovated Downtown Cumberland Mall. Business is booming, and you can be a part of it. This fantastic property has been utilized as a business location for decades; offering space for 6 large offices, 3 bathrooms, 2 kitchenettes, full laundry and multiple private entrances. If you would want to divide the space., there is unlimited potential on what you could do here. Run your business on one floor and rent the additional space to offset your monthly fees. This property also has the potential to be divided into two separate apartments. Again, limitless possibilities. You are within walking distance to multiple restaurants, shops, boutiques, pharmacy, and grocery stores. The police and fire station are 1 block away. Quick access to Interstate 68, medical facitlites, and so much more. Don't miss your opportunity to be part of the rebirth and revitalization of Downtown Cumberland. Schedule your private showing today.
Seller Motivated!!! All brick building 1 owner 1 user 3,200 square feet 40 x 80' high quality built in 1995 lightly used by non-profit Woodmen of the World since they built it. ADA Accessible (1995 codes) Entrance hallways and restrooms. 40 x 40 meeting hall, large kitchen with commercial vent hood/ fire protection. Efficient Gas FWA with central Air (2 systems) LED Lighting Recent roof replacement. 32 Paved Parking Spaces with 4 curb cuts (2 on front 2 on side) Very good condition! As-Is but inspection clauses are welcomed. 3 flagpoles, very big tree. Opposite CSX Railroad Main Cumberland Shops and Yard entrance. Lots of traffic. This would be great for a small religious facility, health care, bar or restaurant, retail, day care, automotive, office, ... Almost all furniture and fixtures could be included at the right price. 40 x 80 with no load bearing walls in most areas.
REDUCED PRICE!!! AMAZING BUSINESS OPPORTUNITY! LEASE w/OPTION TO PURCHASE! Turn your business dream into a reality!!! With over 4100 fin. sq ft, possibilities are unlimited! This property once operated as a laundry mat on the main level! Wheel Chair accessible, Wheel Chair lift and a LARGE parking lot (5+ spaces) in the rear! Two apartments on the upper level. Apt. A pays $740 per month (HRDC pays $482.00) and Apt. B pays $750 per month (Hud pays $488.00). Tenants pay electric. Apartments heat with electric baseboard. Building does have gas heat as well. Central Air. SOLAR PANELS are owned by the seller and will convey with the sale of the property! The HUGE basement has ample storage space! Are looking to start a business? This commercial property could be for you! Call today to schedule a tour.