***Live for free while your tenants pay off the property!*** The Mt. Airy Investment Portfolio at 16700–16708 Frederick Road (Route 144) offers a rare opportunity for an owner-occupant: live in one of the residential units and let the other income-producing units cover your mortgage, with projected positive cash flow of $450–$800+/month depending on which unit you call home. Special owner-occupant financing is available for well-qualified buyers, terms not available elsewhere. Ask us for the details. The assemblage includes a single-family residence, a residential duplex, and a commercial auto repair shop with garage and gravel lot, all along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. Rents across all units are materially below market, offering at least $20,400 in annual upside on lease rollover. The residential tenants are on month-to-month renewals, so new rents can be set soon, and the commercial auto garage lease runs through March 2027. This is a strong fit for a buyer who wants to live in their investment, as well as for investors seeking small-balance mixed-use property in a growing suburban Maryland market. Cash flow is based on projected market rents. **Tenant Items have been digitally removed**
For sale
$774,899
16700 Frederick Rd, Mount Airy, MD 21771
8beds
8,566sqft
Single Family Residence
Built in 1900
1 Acres Lot
$727,600 Zestimate®
$90/sqft
$-- HOA
What's special
- --
- on Zillow
- 434
- views
- 35
- saves
Zillow last checked:
Listing updated:
Listed by:
Vishal Doddanna 443-718-9646,
Keller Williams Realty Centre 4103120000,
Listing Team: Vidona Group
Source: Bright MLS,MLS#: MDHW2067064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
- Main level bathrooms: 6
- Main level bedrooms: 8
Basement
- Area: 0
Heating
- Forced Air, Central, Natural Gas
Cooling
- Other, Ceiling Fan(s), Window Unit(s), Multi Units, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Flue for Stove, Wood Burning
Interior area
- Total structure area: 8,566
- Total interior livable area: 8,566 sqft
- Finished area above ground: 8,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 15
- Parking features: Gravel, Asphalt, Driveway, Off Street
- Uncovered spaces: 15
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1404367464
- Zoning: RCDEO
- Zoning description: Rural Residential, Auto Garage is grandfathered in
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Block
- Foundation: Block, Other
- Roof: Architectural Shingle,Rubber,Flat,Pitched
Condition
- Good,Average
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Other, Septic Exists, Private Septic Tank, Shared Septic
- Water: Private
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Mount Airy
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $656,233
- Annual tax amount: $9,711
- Date on market: 4/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Bank Portfolio,Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$727,600
$691,000 - $764,000
$5,145/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2017 | Listing removed | $1,550 |
Source: Owner Report a problem | ||
| 8/20/2017 | Listed for rent | $1,550 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 21771
Nearby schools
Schools provided by the listing agent
- Elementary: Lisbon
- Middle: Glenwood
- High: Glenelg
- District: Howard County Public School System
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





