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241 E 2Nd Street Frederick, MD $ 850,000
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241 E 2Nd Street
$ 850,000
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241 E 2Nd Street

Frederick, MD, 21701
$ 850,000
Bedrooms-- Baths-- Sq 7,056

Monthly Estimate*

$ 5,234

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Commercial Property for sale in Frederick, MD

for $850,000. This 7,056 square foot building was built in 1900 on a lot size of 0.17.

Exceptional investment opportunity in the heart of Downtown Frederick! Perfectly positioned near Eveready Square and just a short walk to vibrant Market Street, this well-maintained 6-unit apartment building offers both convenience and strong income potential. The property features a desirable unit mix, including three 1-bedroom/1-bath apartments, two spacious 2-bedroom/1-bath units, and one studio apartmentappealing to a wide range of tenants. Each unit offers updated bathrooms, generously sized kitchens, and new electric baseboard heating for efficient comfort. Tenants enjoy a private parking lota rare find in downtownas well as outdoor seating areas that enhance the property's charm and livability. With its prime location, modern updates, and steady rental income, this is a turnkey addition to any investors portfolio. Dont miss your chance to own a high-demand, income-producing asset in one of Fredericks most sought-after areas! Legal address is 241-243 E 2nd street

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 12,800

Style

Apartment Building

Lot Size

0.17

Year Built

1900

Town/City

Frederick

County/Region

Frederick

MLS | Web ID

MDFR2079632
Features
Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Steam
Cooling Window Unit(s)
Possession Settlement Subject to Existing Lease
Zoning DB
Construction Materials Stick Built Mixed Stone Other
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Frederick City
Business Type Apartment Building
Accessibility None
County FREDERICK
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From route 15 take exit for motter ave . Follow Gps
City FREDERICK
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 7560.00
Tax Annual Amount 12800.0
Property Condition Average
Price Per Sq Ft Total AG 158.23
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 5372.00
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 251900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Charis Realty Group

Broker

kelsey@charisrealty.com

Email

Affordability Calculator

$6,300
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$1,067
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/2/2026$850,000 Listed Price

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241 E 2Nd Street, Frederick, MD, 21701 is a Commercial Property for sale at $850,000 with 7,056 sqft and a lot size of 0.17. 241 E 2Nd Street was built in 1900. The property's zip code is 21701 which is in Frederick, MD

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