Movoto Real Estate
Sold on 10/18/2024

114 E 8th St, Frederick, MD 21701

  • $1,085,534

    Last sold 10/18/2024 for $1M

  • bed

  • bath

  • 4,886

    Sqft ($205/Sqft)

Multi-family not for sale
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About 114 E 8th St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Rental estimate
Property description
SELLER HAS SET A DEADLINE FOR OFFERS OF WEDNESDAY AUGUST 28, 2024. SELLER RESERVES THE RIGHT TO ACCEPT AN OFFER PRIOR TO THE DEADLINE. This is a fantastic investment opportunity in the white hot East End of Frederick! This 7 unit apartment building is close to the YMCA, restaurants, breweries, distilleries and all of the delights of Downtown Frederick. Minutes from Wegmans, the shops at Clemson's Corner, schools and all the major commuter routes. Fully leased. Apartment 1 (first floor): Opens to a living room with a bay window. A hallway from the living room provides access to a bathroom, bedroom with a bay window, and an eat-in kitchen. An enclosed porch/storage area is adjacent to the kitchen and provides access to the basement and a separate exterior entrance at the rear of the unit. This unit has been updated primarily in the kitchen and bathroom. The bathroom has a sink, tub/shower, and toilet. The kitchen has an electric stove, refrigerator/freezer, and new cabinets with a laminated countertop and ceramic sink and a washer and dryer. Apartment 2 (second floor): This unit has a living room, one bedroom, a kitchen, and bathroom and has been updated. The bathroom has a tub, toilet, and sink with cabinet. The kitchen has metal and wood cabinets and older appliances (stove and refrigerator). This unit has a washer and dryer. Apartment 5 (second floor): Opens to a living room with a door to a “fire escape” set of stairs. The bedroom adjoins the south side of the living room. A bathroom is on the opposite side of the living room. An eat-in kitchen is adjacent to the living room and bathroom. The bathroom has a sink, tub/shower, and toilet. The kitchen has an electric stove, refrigerator/freezer, and wood cabinets with a laminated countertop and double bowl stainless steel sink. Apartments 3, 4 and 6: The units have an identical layout to Unit 5 with the exception that Units 3 and 4 are first floor units. Units 3 and 6 have not been renovated. Apartment 7: Opens to a living room with a fireplace and one-half bath. An eat-in kitchen is adjacent to half bath and living area. An open staircase is along the rear wall of the living area and leads to a second floor. The second floor has two bedrooms and full bathroom. The half bath on the first level contains a sink and toilet. The kitchen has an electric stove, refrigerator/freezer, and wood cabinets with a laminated countertop and double bowl stainless steel sink. A closet in the kitchen has a stackable washer and dryer unit. The second floor bathroom has a sink with vanity cabinet, toilet and tub/shower. Schedule 8825s (Schedule Es) are available in Documents. Schedule showings through Showing Time. There is one vacant unit that is very representative of the others. This unit is available to be shown as a Show and Go. The others will be made available after we are under contract for Inspection Day. Leases will be provided after we are under contract. Schedule 8825s (Schedule Es) are available in Documents.
Listed by
Listing Agent - Barry E Weller
Listing Office - Barry Weller Properties, LLC
Source: Bright MLS mls logo
MLS#MDFR2052636 • last updated 1 year ago
Movoto checked Bright MLS for data 4 minutes ago
Overview
Cooling/AC Ductless/Mini-Split, Electric
Heating Electric
Levels/Style Colonial
Type Multi-Family
Virtual Tour N/A
SubType Other
Status Closed
SqFt 5530
Lot Size (SqFt) 12815
Lot Size (Acres) 0.29
County Tax 6559, Annually
City/ Town Tax 4489
Tax: Assessed Value 637533
Annual Property Tax 11048
Year Built 1920
Condition Good
Municipality Frederick City
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Unfinished, Interior Access
Appliances Stove, Refrigerator, Water Heater
Walls/ Ceilings Dry Wall, Plaster Walls
Interior Features Carpet, Wood Floors
Accessibility Features None
Exterior
Roof Asphalt
Construction Vinyl Siding
Foundation Block
Parking Desc Asphalt Driveway, Parking Lot, On Street
# Parking Spaces 7
# Parking Lot Spaces 7
Exterior Features Outbuilding(s)
Existing Structures Above Grade, Below Grade, Porch(es), Garage(s)
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Inclusions See Disclosure
Location
Water Source Public
High School GOV. THOMAS JOHNSON
Elementary School NORTH FREDERICK
School District FREDERICK COUNTY PUBLIC SCHOOLS
Middle School GOV. THOMAS JOHNSON
Directions Head West On E Patrick St Toward N Market St, Turn Right At The 1st Cross Street Onto N Market St, Turn Right Onto E 8th St
Zoning R8
Multifamily Details
# 1-Bedroom Units 6
# 2-Bedroom Units 1
# Units Furnished None
Vacancy Allowance Rate 0.4
# Units Month To Month 1
$1.08M
Range: $976K-$1.19M
Last 30 days 
Rental est.: $1,572/month
Gross rent multiplier: 47.7
  • Aug 2024
    mls logo MLS # MDFR2052636
  • Aug 27, 2024 Active
  • Aug 23, 2024 Listed
    $900,000
  • 114 E 8th St
    $1M
  • 21701
    $525K +5% y/y
  • Frederick
    $515K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
North Frederick Elementary School
public Grades PK, K-5
Frederick County Public Schools
6/10
Gov. Thomas Johnson Middle School
public Grades 6-8
Frederick County Public Schools
4/10
Gov. Thomas Johnson High School
public Grades 9-12
Frederick County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • 114 E 8th St
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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: 6/4/2026. 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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