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Sold on 10/03/2023

815 Locust St, Cambridge, MD 21613

  • $158,000

    Last sold 10/03/2023 for $120K

  • —

    bed

  • —

    bath

  • 2,880

    Sqft ($42/Sqft)

Multi-family not for sale
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About 815 Locust St

Property type Multi-family
Year built 1918
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Rental estimate
Property description
Investor Alert - Duplex w/special exception in Historic Downtown Cambridge. Property has 3 gas meters, 3 electric meters. Was most recently used as a duplex w/a 3BR/1BA upper unit, and a 2BR/1BA lower unit. As evident by the photos, property needs work, but has incredible potential. Cambridge is a quintessential waterfront town on the Eastern Shore full of incredible seafood, unique boutiques, arts and entertainment, tons of history, and local brews and restaurants. On the banks of the Choptank River, you'll be charmed by this gem of the Shore. Great central location - hour West to Annapolis, East to Ocean City beach and boardwalks, Assateague Island or the Delaware Beaches; half hour to Salisbury. Don't miss this unique opportunity. Sizes, taxes approximate; agent has financial interest; owners are licensed realtors in the states of Maryland and Delaware.
Listed by
Listing Agent - Richard Barr
Listing Office - Long & Foster Real Estate, Inc.
Source: Bright MLS mls logo
MLS#MDDO2004860 • last updated 2 years ago
Movoto checked Bright MLS for data 4 minutes ago
Overview
Cooling/AC None, None
Heating Natural Gas
Levels/Style Traditional
Type Multi-Family
SubType Duplex
Status Closed
SqFt 2880
Lot Size (SqFt) 7775
Lot Size (Acres) 0.18
County Tax 1289, Annually
City/ Town Tax 1004
Tax: Assessed Value 126133
Annual Property Tax 2294
Year Built 1918
Municipality Cambridge
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features 2+ Access Exits
Exterior
Construction Frame
Foundation Permanent
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District DORCHESTER COUNTY PUBLIC SCHOOLS
Directions Rt 50 West, Left On Maryland Ave, Continue Onto Market St, Onto Muse St, Left On Gay St, Right On Poplar St, Continue On Locust St
Zoning R-2
Multifamily Details
# 2-Bedroom Units 1
# 3-Bedroom Units 1
$158K
Range: $135K-$180K
Last 30 days 
Rental est.: $1,577/month
Gross rent multiplier: 6.3 - Great
  • Oct 2023
    mls logo MLS # MDDO2004860
  • Oct 3, 2023 Sold
    $120,000
  • Sep 25, 2023 Pending
    —
  • Jun 28, 2023 Price Change
    $119,999 (-14.3%)
  • Jun 1, 2023 Price Change
    $139,990 (-12.5%)
  • May 5, 2023 Listed
    $159,990
  • 815 Locust St
    $120K
  • —
  • 21613
    $332K +2% y/y
  • Cambridge
    $333K +2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Sandy Hill Elementary School
public Grades PK, K-5
Dorchester County Public Schools
1/10
Mace's Lane Middle School
public Grades 6-8
Dorchester County Public Schools
2/10
Cambridge-South Dorchester High School
public Grades 9-12
Dorchester County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 7/10/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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