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Sold on 03/24/2021

88 E South St, Frederick, MD 21701

$491,000

Last sold 03/24/2021 for $450K

  • —

    bed

  • —

    bath

  • 1,920

    Sqft ($234/Sqft)

Multi-family not for sale
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About 88 E South St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 928 Sqft
Movoto estimate
Rental estimate
Property description
Fantastic opportunity to own a two unit apartment building in downtown Frederick! Both units have been remodeled with fresh paint, new flooring, completely new kitchens and all new appliances and HVAC! Both units are leased with well qualified tenants. Look at how beautiful these remodels are!
Listed by
Listing Agent - Gail C Mann
Listing Office - Radcliffe Realty Group, LLC
Source: Bright MLS mls logo
MLS#MDFR277768 • last updated 1 month ago
Movoto checked Bright MLS for data 4 minutes ago
Overview
Cooling/AC Heat Pump(s), Electric
Heating Electric
Levels/Style Colonial
Type Multi-Family
SubType Duplex
Status Closed
SqFt 1920
Lot Size (SqFt) 928
Lot Size (Acres) 0.02
County Tax 2305, Annually
City/ Town Tax 1596
Tax: Assessed Value 240500
Annual Property Tax 3989
Year Built 1890
Condition Excellent
Municipality Frederick City
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Other
Appliances Refrigerator, Oven/Range - Electric, Dishwasher, Built-In Microwave, Washer, Dryer
Walls/ Ceilings Dry Wall
Interior Features Ceiling Fan(s), Kitchen - Table Space
Accessibility Features None
Exterior
Roof Metal, Rubber
Construction Block
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 FREDERICK COUNTY PUBLIC SCHOOLS
Location Downtown
Directions Corner Of S. Carroll St And E. South St.
Zoning DR
Multifamily Details
# 2-Bedroom Units 2
Gross Income 36600
$491K
Range: $387K-$594K
Last 30 days 
Rental est.: $1,584/month
Gross rent multiplier: 23.7
  • Apr 2021
    Public Records
  • Apr 19, 2021 Sold
    $450,000
  • Mar 2021
    mls logo MLS # MDFR277768
  • Mar 24, 2021 Sold
    $450,000 (+5.9%)
  • Mar 2, 2021 Pending
    —
  • Feb 17, 2021 Active
    —
  • Feb 12, 2021 Listed
    $425,000
  • Year Property taxes Tax assessment
  • 2025
    $6,716 +22.8%
    $358,300 +9.78%
  • 2023
    $5,469 +14.2%
    $326,367 +24.33%
  • 2022
    $4,790 +20.1%
    $262,500 +9.15%
  • 2020
    $3,990 +19.4%
    $240,500 +10.07%
  • 2018
    $3,342 +45.1%
    $218,500 +11.2%
  • 2017
    $2,303 -26.6%
    $196,500 +16.27%
  • 2011
    $3,136
    $169,000
  • 88 E South St
    $450K
  • Downtown Frederick
    $491K 0% y/y
  • 21701
    $479K -4% y/y
  • Frederick
    $489K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Spring Ridge Elementary School
public Grades PK, K-5
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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Information Deemed Reliable But Not Guaranteed
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: 10/29/2026. 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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