RARE OPPORTUNITY to own a 2-unit investment property with additional garage space rental income. Both units are 2-bedroom 1 bath. Several ways to look at this property. Rent the 2 units for full investment income or live in one unit and rent the other unit to keep cost of living down. Property in excellent structural condition with a new roof. Plenty of off-street parking and 5 garages convey along with a nice green space rear yard. Property can also have a commercial value for professional office space on the first floor with residential rental on the second floor. Purchaser to verify with Town of Thurmont. Convenient to schools, parks, restaurants, and stores. Both units are vacant and can be viewed without interruption. Passive income properties are hard to find in today's world. Hurry to make this one yours.
Sold for $370,000
$370,000
402 E Main St, Thurmont, MD 21788
4beds
--baths
2,760sqft
Duplex
Built in 1915
-- sqft lot
$413,900 Zestimate®
$134/sqft
$1,807 Estimated rent
Home value
$413,900
$385,000 - $443,000
$1,807/mo
Zestimate® history
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$1,807/mo
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$1,807/mo
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$2,275/mo
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List your homeWhat's special
Professional office spaceNew roofConvenient to schools
Zillow last checked:
Listing updated:
Listed by:
Scott Clabaugh 301-606-5082,
Real Estate Teams, LLC
Bought with:
Scott Clabaugh, 632617
Real Estate Teams, LLC
Source: Bright MLS,MLS#: MDFR2046566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 1380
Heating
- Radiator, Oil
Cooling
- Window Unit(s), Electric
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,140
- Total interior livable area: 2,760 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Faces Front, Detached, Driveway
- Garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Pool features: None
Lot
- Size: 0.90 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1115318686
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Thurmont
- Municipality: Thurmont
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2024 | Sold | $370,000-2.6%$134/sqft |
Source:  Bright MLS #MDFR2046566 Report a problem | ||
| 4/11/2024 | Pending sale | $379,900$138/sqft |
Source: Bright MLS #MDFR2046566 Report a problem | ||
| 4/8/2024 | Listing removed | -- |
Source: Bright MLS #MDFR2046566 Report a problem | ||
| 4/2/2024 | Listed for sale | $379,900$138/sqft |
Source: Bright MLS #MDFR2046566 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,461 +12.5% | $291,533 +11.8% |
| 2024 | $3,964 +15.6% | $260,667 +13.4% |
| 2023 | $3,430 +1.4% | $229,800 |
| 2022 | $3,382 +2.9% | $229,800 +2.9% |
| 2021 | $3,287 +1.5% | $223,333 |
| 2020 | $3,238 +0.8% | -- |
| 2019 | $3,214 +0.4% | $220,100 +1.5% |
| 2018 | $3,200 +26.9% | $216,767 +0.8% |
| 2017 | $2,521 -30.5% | $215,100 +2.5% |
| 2016 | $3,629 | $209,833 +2.6% |
| 2015 | $3,629 | $204,567 +2.6% |
| 2014 | $3,629 | $199,300 |
| 2013 | -- | $199,300 |
| 2012 | -- | $199,300 -22.8% |
| 2011 | -- | $258,000 +0.3% |
| 2010 | -- | $257,206 +0.3% |
| 2009 | -- | $256,383 +0.3% |
| 2008 | -- | $255,560 +16.9% |
| 2007 | -- | $218,600 +20.3% |
| 2006 | -- | $181,640 +25.5% |
| 2005 | -- | $144,680 +6.1% |
| 2004 | -- | $136,402 +6.5% |
| 2003 | -- | $128,126 +6.9% |
| 2002 | -- | $119,850 +0.2% |
| 2001 | -- | $119,596 |
Find assessor info on the county website
Neighborhood: 21788
Nearby schools
GreatSchools rating
- 6/10Thurmont Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 4/10Thurmont Middle SchoolGrades: 6-8Distance: 0 mi
- 5/10Catoctin High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Thurmont
- Middle: Thurmont
- High: Catoctin
- 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
$413,900
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
$413,900
- Maryland
- Frederick County
- Thurmont
- 21788
- 402 E Main St
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