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For sale
    • Price cut: $5.1K (8/14)
    $389,900

    401 S Market St Unit 1, Frederick, MD 21701

    2beds
    925sqft
    : 
    $3,171/mo
    Get pre-qualified
    Condominium
    Built in 1871
    -- sqft lot
    $386,500 Zestimate®
    $422/sqft
    $482/mo HOA

    What's special

    Charming historic propertyArtfully appointed propertyTwo deeded parking spacesOpen floor plan
    If you love downtown living, then you will love this location and condominium property… Wonderful opportunity to own a condominium on South Market Street, directly across from the Maryland School for the Deaf and a few minutes’ walk to Downtown Frederick! CURRENTLY USED AS AN AIRBNB. NEW BUYER CAN TAKE ON THE PIPELINE OF BOOKINGS, OR MOVE IN AFTER SETTLEMENT - BUYERS CHOICE! This Beautifully renovated main level condo boasts 925 +/- square feet of living space with 2 Bedrooms and 1 Full Bath. BEST PART… TWO DEEDED PARKING SPACES!!! Primary Residence, Second Home or Vacation Rental – your choice! - Great vibe in all 4 condos currently available along with an open floor plan in each which is perfect for entertaining. Frederick’s Premier Historic District Condominium Project: “South on Market Street” has comfort and functionality that merges into an artfully appointed property that allows you to enjoy the downtown Frederick’s lifestyle while affording you the peace of mind of locking it up and traveling till your heart's content. Situated just a short walk to the Carroll Creek Promenade, the center of downtown Frederick Maryland, enjoy the many restaurants, shopping opportunities, festivals on the creek, Baker Park, library, baseball at the Frederick Keys BallPark and a cool water way on Carroll Creek all within walking distance. This synergistic area welcomes local micro-brew pubs, numerous restaurants, (too many to count) and nightlife entertainment. All this awaits you while you enjoy this charming historic property set within the beautiful city of Frederick Maryland!
    48 days
    687
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Marsh 240-674-3227,

    Frederick Land & Home, LLC. 301-662-9222

    Source: Bright MLS,MLS#: MDFR2084846MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Forced Air, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Cooktop, Water Heater, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Built-in Features, Dining Area, Open Floorplan, Formal/Separate Dining Room, Kitchen - Galley, Kitchen - Table Space, Recessed Lighting
      • Flooring: Wood, Luxury Vinyl
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Brick, Mantel(s)
      Interior area
      • Total structure area: 925
      • Total interior livable area: 925 sqft
      • Finished area above ground: 925

      Property

      Parking
      • Parking features: Assigned, Parking Lot
      • Details: Assigned Parking
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Sidewalks
      • Pool features: None
      • Fencing: Partial
      • Has view: Yes
      • View description: City
      Details
      • Additional structures: Above Grade
      • Parcel number: NO TAX RECORD
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Colonial
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick, Vinyl Siding
      • Roof: Metal
      Condition
      • Excellent
      • New construction: No
      • Year built: 1871

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $482 monthly
      • Subdivision: Downtown Frederick
      HOA
      • Has HOA: No
      • Amenities included: Common Grounds
      • Services included: Common Area Maintenance, Maintenance Structure, Reserve Funds, Snow Removal, Sewer, Trash, Water
      • HOA name: South On Market
      Location
      • Region: Frederick

      Financial & listing details

      • Price per square foot: $422/sqft
      • Tax assessed value: $306,000
      • Annual tax amount: $5,568
      • Date on market: 7/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash
      • Ownership: Condominium

        Estimated market value

        $386,500

        $367,000 - $406,000

        $1,717/mo

        Price history

        DateEventPrice
        8/14/2026Price change$389,900-1.3%$422/sqft
        Source: Bright MLS #MDFR2084846 Report a problem
        7/21/2026Listed for sale$395,000+13.5%$427/sqft
        Source: Bright MLS #MDFR2084846 Report a problem
        12/10/2024Listing removed$3,000$3/sqft
        Source: Zillow Rentals Report a problem
        12/8/2024Listed for rent$3,000$3/sqft
        Source: Zillow Rentals Report a problem
        3/31/2023Sold$348,0000%$376/sqft
        Source: Bright MLS #MDFR2032332 Report a problem
        3/22/2023Contingent$348,007$376/sqft
        Source: Bright MLS #MDFR2032332 Report a problem
        3/16/2023Listed for sale$348,007+0%$376/sqft
        Source: Bright MLS #MDFR2032332 Report a problem
        3/14/2023Listing removed$348,000$376/sqft
        Source: Bright MLS #MDFR2029304 Report a problem
        12/15/2022Listed for sale$348,000$376/sqft
        Source: Bright MLS #MDFR2029304 Report a problem
        10/25/2022Listing removed$348,000$376/sqft
        Source: Bright MLS #MDFR2026532 Report a problem
        10/2/2022Listed for sale$348,000$376/sqft
        Source: Bright MLS #MDFR2026532 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,635 -95.5%$306,000 +2.4%
        2024$125,496 +2294%$298,800 +2.5%
        2023$5,242 $291,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 21701

        Getting around

        86 / 100
        Very Walkable
        35 / 100
        Some Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Frederick County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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