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Sold for $295,000
  • $295,000

    401 S Market St Unit 4, Frederick, MD 21701

    2beds
    838sqft
    Condominium
    Built in 1871
    -- sqft lot
    $328,400 Zestimate®
    $352/sqft
    $1,713 Estimated rent

    Home value

    $328,400

    $299,000 - $361,000

    $1,713/mo

    Zestimate® history
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    $1,713/mo

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    $1,814/mo

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    $1,814/mo

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    What's special

    Welcome to 401 S Market St #Unit 4—a beautifully renovated penthouse condo nestled in the heart of Downtown Frederick. This 2-bedroom, 1-bath residence offers 838 square feet of thoughtfully designed living space, blending historic charm with modern amenities. Exposed brick walls, original hardwood floors, and recessed lighting create a warm and inviting atmosphere. The open-concept layout is perfect for both relaxation and entertaining. Step outside to your private rooftop deck, a rare find in downtown, offering panoramic views of the city skyline and surrounding mountains—ideal for enjoying sunsets or morning coffee. Located just steps from Carroll Creek Promenade, Baker Park, and an array of dining, shopping, and entertainment options, this condo provides unparalleled access to the vibrant downtown lifestyle. With one deeded parking space included, convenience is at your doorstep. Currently operating as a successful Airbnb, this property presents a unique opportunity for investors or those seeking a charming urban retreat. Whether you're looking for a primary residence, weekend getaway, or income-generating property, 401 S Market St #Unit 4 delivers on all fronts.

    Zillow last checked:

    Listing updated:

    Listed by:

    Troyce Gatewood 301-379-9441,

    Real Broker, LLC - Frederick,

    Listing Team: Tgp Homes Team, Co-Listing Team: Tgp Homes Team,Co-Listing Agent: Cesar Ricardo Diaz 240-626-1495,

    Real Broker, LLC - Frederick

    Bought with:

    Sara Dunn

    Real Broker, LLC - Frederick

    Source: Bright MLS,MLS#: MDFR2075274MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Ductless, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 838
    • Total interior livable area: 838 sqft
    • Finished area above ground: 838
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1102605163
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1871

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Frederick
    • Subdivision: None Available
    • Municipality: Frederick City

    HOA & financial

    Other fees
    • Condo and coop fee: $433 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/18/2026Sold$295,000-1.7%$352/sqft
    Source: Bright MLS #MDFR2075274 Report a problem
    6/2/2025Listing removed$299,990$358/sqft
    Source: Bright MLS #MDFR2063468 Report a problem
    5/7/2025Listed for sale$299,990+9.1%$358/sqft
    Source: Bright MLS #MDFR2063468 Report a problem
    2/14/2023Sold$275,000-2.8%$328/sqft
    Source: Bright MLS #MDFR2029310 Report a problem
    2/13/2023Contingent$283,000$338/sqft
    Source: Bright MLS #MDFR2029310 Report a problem
    1/16/2023Pending sale$283,000$338/sqft
    Source: Bright MLS #MDFR2029310 Report a problem
    12/15/2022Listed for sale$283,000$338/sqft
    Source: Bright MLS #MDFR2029310 Report a problem
    10/25/2022Listing removed$283,000$338/sqft
    Source: Bright MLS #MDFR2026044 Report a problem
    9/30/2022Listed for sale$283,000$338/sqft
    Source: Bright MLS #MDFR2026044 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,105 -95.5%$277,000 +2.3%
    2024$113,722 +2291.4%$270,767 +2.4%
    2023$4,756 $264,533

    Find assessor info on the county website

    Neighborhood: 21701

    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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    Estimated market value
    $328,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $328,400