For sale

$125,000

816 Fairmount Ave, Cambridge, MD 21613

3beds

--baths

1,312sqft

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Multi Family

Built in 1928

-- sqft lot

$-- Zestimate^®

$95/sqft

$-- HOA

What's special

Attention Investors.! An excellent opportunity to own a two‑unit multifamily property with strong investment potential. This solid two‑unit multifamily investment property offers excellent upside for the right buyer. Each unit provides its own private entrance, separate utilities, and flexible floor plans ideal for long‑term tenants or short‑term rental strategies. The home needs repairs and updates throughout, giving investors the opportunity to add value quickly and increase rental income. Located in a convenient area close to local amenities, this property is well‑positioned for strong future returns once renovated. Perfect for contractors, seasoned investors, or anyone looking to build equity through improvement.

128 days

434

15

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3

Basement

Area: 0

Heating

Baseboard, Electric

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 1,312
Total interior livable area: 1,312 sqft

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 2,200 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 1007123450
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Vinyl Siding, Other
Foundation: Crawl Space
Roof: Metal

Condition

New construction: No
Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Cambridge
Municipality: Cambridge

Financial & listing details

Price per square foot: $95/sqft
Tax assessed value: $51,733
Annual tax amount: $887
Date on market: 3/3/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$1,511/mo

Price history

Date	Event	Price
3/4/2026	Listed for sale	$125,000+733.3%$95/sqft
Source: Bright MLS #MDDO2011602 Report a problem
3/5/1998	Sold	$15,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$887 +13.3%	$47,200 +11.5%
2024	$782 +13%	$42,333 +13%
2023	$693 +14.9%	$37,467 +14.9%
2022	$603 -0.1%	$32,600 +1%
2021	$603 +0.1%	$32,267 +1%
2020	$602 0%	$31,933 +1.1%
2019	$602 +83.6%	$31,600
2018	$328 +10%	$31,600
2017	$298 -54.4%	$31,600 -3.1%
2016	$655	$32,600
2015	$655	$32,600
2014	$655	$32,600 -5.8%
2013	--	$34,600
2012	--	$34,600
2011	--	$34,600 -32.2%
2010	--	$51,060 +16.8%
2009	--	$43,732 +20.1%
2008	--	$36,406 +25.2%
2007	--	$29,080 +8.4%
2006	--	$26,836 +9.1%
2005	--	$24,593 +10%
2004	--	$22,350 +3.6%
2003	--	$21,570 +3.8%
2002	--	$20,790 +3.9%
2001	--	$20,010

Find assessor info on the county website

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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