PRIME INVESTMENT OPPURTUNITY! Recently renovated (including plumbing and electric) in 2025, this triplex is a rare opportunity in the heart of downtown Oakland, MD. With three separate units, you'll have the potential for three streams of rental income from one property. Buyer could live in one unit and rent the other units out to help offset mortgage costs! Whether you're a seasoned investor or just getting started, this turnkey property offers updated finishes, strong income potential, and a prime location just steps from shops, restaurants, and everything downtown has to offer. Top floor is 1-bedroom and 1-bathroom. Middle floor is 2-bedroom and 1-bathroom. Bottom floor is 2-bedroom, 1-bathroom and has a laundry hookup. Contact me today with any questions or to schedule a time to tour the property!
For sale
$365,000
615 E Oak St, Oakland, MD 21550
5beds
2,652sqft
:
Get pre-qualified$2,438/mo
Single Family Residence
Built in 1926
5,662 Square Feet Lot
$194,600 Zestimate®
$138/sqft
$-- HOA
What's special
Updated finishesLaundry hookup
- 1 day |
- 106 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lucas Muenchow 240-321-5756,
Railey Realty, Inc. 301-387-2000
Source: Bright MLS,MLS#: MDGA2012446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 988
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,652
- Total interior livable area: 2,652 sqft
- Finished area above ground: 1,664
- Finished area below ground: 988
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 5,662 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1217010697
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Block
- Foundation: Block
Condition
- Very Good
- New construction: No
- Year built: 1926
- Major remodel year: 2025
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Oakland
HOA
- Has HOA: No
Location
- Region: Oakland
- Municipality: Oakland
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $83,333
- Annual tax amount: $1,262
- Date on market: 7/24/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
Estimated market value
$194,600
$154,000 - $235,000
$2,533/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $365,000+575.9%$138/sqft |
Source:  Bright MLS #MDGA2012446 Report a problem | ||
| 1/27/2022 | Sold | $54,000-32.5%$20/sqft |
Source: Public Record Report a problem | ||
| 4/1/2019 | Listing removed | $80,000$30/sqft |
Source: Railey Realty, Inc. #1000998157 Report a problem | ||
| 3/26/2018 | Price change | $80,000-11.1%$30/sqft |
Source: Railey Realty, Inc. #1000998157 Report a problem | ||
| 9/26/2017 | Listed for sale | $90,000$34/sqft |
Source: Railey Realty, Inc. #GA10066821 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,262 +1.5% | $78,700 +3.8% |
| 2024 | $1,244 +3.9% | $75,833 +3.9% |
| 2023 | $1,197 +46.2% | $72,967 +4.1% |
| 2022 | $819 -26.7% | $70,100 +2.9% |
| 2021 | $1,117 +3% | $68,100 +3% |
| 2020 | $1,084 +3.1% | $66,100 +3.1% |
| 2019 | $1,051 +4.2% | $64,100 |
| 2018 | $1,009 0% | $64,100 |
| 2017 | $1,009 | $64,100 |
| 2016 | -- | $64,100 |
| 2015 | -- | $64,100 |
| 2014 | -- | $64,100 -0.8% |
| 2013 | -- | $64,600 |
| 2012 | -- | $64,600 |
| 2011 | -- | $64,600 -7% |
| 2010 | -- | $69,480 +11.8% |
| 2009 | -- | $62,132 +13.4% |
| 2008 | -- | $54,786 +15.5% |
| 2007 | -- | $47,440 +2.7% |
| 2006 | -- | $46,196 +2.8% |
| 2005 | -- | $44,953 +2.8% |
| 2004 | -- | $43,710 +0.9% |
| 2003 | -- | $43,326 +0.9% |
| 2002 | -- | $42,943 +0.9% |
| 2001 | -- | $42,560 |
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.Climate risks
Neighborhood: 21550
Nearby schools
GreatSchools rating
- 4/10Broad Ford Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 5/10Southern Garrett High SchoolGrades: 7-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Garrett 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.
- $186,600-- bd1 ba1.1k sqft619 E Oak St, Oakland, MD 21550Off Market
- $277,800-- bd2 ba1.8k sqft611 E Oak St, Oakland, MD 21550Off Market
- $119,000-- bd1 ba1.8k sqft621 E Oak St, Oakland, MD 21550Off Market
- $212,0004 bd3 ba1.7k sqft601 E Oak St, Oakland, MD 21550Sold
- $300,1004 bd2 ba2.3k sqft618 E Oak St, Oakland, MD 21550Off Market
- $1,9903 bd1 ba3.3k sqft604 E Oak St, Oakland, MD 21550For Rent
- $--1 bd1 ba1k sqft604 E Oak St #1, Oakland, MD 21550Off Market
- $--1 bd1 ba1k sqft604 E Oak St #2, Oakland, MD 21550Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $350,0005 bd3 ba2.1k sqft112 E Pennington St, Oakland, MD 21550For Sale
MLS ID #MDGA2012308, Sheila Howell, Lake Homes Realty, LLC. Bright MLS - $365,0005 bd2 ba3.6k sqft321 N 3rd St, Oakland, MD 21550For Sale
MLS ID #MDGA2011780, Christina Ford, CENTURY 21 New Millennium. Bright MLS - $199,0002 bd1 ba2k sqft206 W Liberty St, Oakland, MD 21550For Sale
MLS ID #MDGA2012412, Nicole Jackson, Railey Realty, Inc.. Bright MLS - $369,0002 bd3 ba1.9k sqft1167 Tall Oaks Dr, Oakland, MD 21550For Sale
MLS ID #MDGA2011356, Kellyann Green, Railey Realty, Inc.. Bright MLS - $325,0003 bd2 ba1.5k sqft610 Harvey Winters Dr, Oakland, MD 21550For SaleMLS ID #MDGA2012326, Jay Ferguson, Taylor-Made Deep Creek Real Estate, LLC. Bright MLS
- $375,0004 bd2 ba2.2k sqft1499 Foster Rd, Oakland, MD 21550For SaleMLS ID #MDGA2012068, Kelsey Meyers, Railey Realty, Inc.. Bright MLS
- $399,9003 bd2 ba2.4k sqft321 Deer Park Hotel Rd, Oakland, MD 21550For SaleMLS ID #MDGA2012166, Pamela Debnam, Houwzer, LLC. Bright MLS
- $350,0005 bd2 ba1.5k sqft511 Main St, Deer Park, MD 21550For SaleMLS ID #MDGA2008298, Dan Duggan, 1 Real Estate Source LLC. Bright MLS
- $275,9004 bd2 ba1.9k sqft449 S 3rd St, Oakland, MD 21550For SaleMLS ID #MDGA2011304, Justin Liller, Railey Realty, Inc.. Bright MLS
- $289,0003 bd3 ba2.2k sqft163 Mitchell Dr, Oakland, MD 21550For SaleMLS ID #MDGA2011294, Andrew Eiswert, Railey Realty, Inc.. Bright MLS
- $459,9003 bd2 ba1.4k sqft718 Boy Scout Crosscut Rd, Oakland, MD 21550For SaleMLS ID #MDGA2012430, Jeremy Cunningham, Railey Realty, Inc.. Bright MLS
- $259,9003 bd2 ba1.9k sqft102 N 3rd St, Oakland, MD 21550For SaleMLS ID #MDGA2012246, Kevin Liller, Railey Realty, Inc.. Bright MLS
- $424,9004 bd3 ba2.4k sqft511 Hilltop Rd, Oakland, MD 21550For SaleMLS ID #MDGA2012082, Laura Newhall, Taylor-Made Deep Creek Real Estate, LLC. Bright MLS
- $265,0004 bd2 ba1.9k sqft127 S Oakhall Dr, Oakland, MD 21550For SaleMLS ID #MDGA2011068, Nick Fratz-Orr, Railey Realty, Inc.. Bright MLS
- $249,0004 bd1 ba1.4k sqft106G Mountain Rd, Oakland, MD 21550For SaleMLS ID #MDGA2012192, Kelsey Meyers, Railey Realty, Inc.. Bright MLS
- $425,0003 bd4 ba1.5k sqft104 Pine Top Trl, Oakland, MD 21550For SaleMLS ID #MDGA2010178, Laura Flynn, 1 Real Estate Source LLC. Bright MLS
- $269,5003 bd2 ba1.6k sqft315 Coolidge Ave, Oakland, MD 21550For SaleMLS ID #MDGA2009614, Betsy Spiker Holcomb, Taylor-Made Deep Creek Real Estate, LLC. Bright MLS
- $325,0004 bd2 ba3.3k sqft2448 Birchwood Dr, Oakland, MD 21550For SaleMLS ID #MDGA2011888, Jon Bell, Railey Realty, Inc.. Bright MLS
- $299,0004 bd3 ba1.9k sqft961 Cedar Ln, Oakland, MD 21550For SaleMLS ID #MDGA2010426, Laura Newhall, Taylor-Made Deep Creek Real Estate, LLC. Bright MLS
- $199,0006 bd5 ba3.6k sqft200 4th St, Terra Alta, WV 26764For SaleMLS ID #10166055, SHERI BALL. NCWV REIN
