114 Water Thru 116 Street
Frederick, MD 21701
Map
- – beds
- – baths
- 1,900 sqft
- 3,250 sqft lot
- $284 per sqft
- 1810 build
Rare opportunity to own a fully renovated multi-family home in the heart of Downtown Frederick, featuring two separately metered units on one deed - perfect for investors, house hackers, or owner-occupants. Both units offer identical 2-bedroom, 1-bathroom layouts with access to a spacious backyard and off-street parking. Unit 114 has been beautifully updated with new laminate flooring, fresh paint, new appliances, and a remodeled bathroom. Unit 116 is tenant-occupied and currently rented at $1,900/month with a lease in place through February 28, 2026, providing immediate rental income. Major renovations were completed in 2013, including new siding, drywall, plumbing, electrical, and windows. The roof was replaced in 2018. Located just minutes from shops, restaurants, nightlife, and the MARC train, this property offers unmatched walkability and long-term upside. Live in one unit and rent the other, lease both for consistent cash flow, or convert into a single-family home - this Downtown gem is filled with potential.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 13, 2025
•
MLS# MDFR2064938 —
The Building
-
Year Built:1810
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Frame
-
Building Units Total:2
-
Structure Type:End of Row/Townhouse
-
Architectural Style:Traditional, Other
-
Accessibility Features:None
-
Foundation Details:Other
-
Total SqFt Source:Assessor
-
Total Below Grade SqFt:350
-
Total Below Grade SqFt Source:Assessor
-
Tax Total Finished SqFt:1900
Interior
-
Fireplace:No
-
Living Area SqFt Source:Assessor
Room Dimensions
-
Total SqFt:2250
-
Living Area SqFt:1,900 Sqft
Financial & Terms
-
Sale Type:Standard
-
Possession:Settlement
Location
-
Directions:E South St to Left on Water Street
-
Latitude:39.41054000
-
Longitude:-77.40471000
The Property
-
Property Subtype:Duplex
-
Property Type:Multi-Family
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.07
-
Lot Size Source:Assessor
-
Lot SqFt:3,250 Sqft
-
Zoning:DR
-
In City Limits:No
-
Other Structures:Above Grade, Below Grade
-
Waterview:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Land Use Code:R
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 800-8787
- Office phone:
- (877) 366-2213
Taxes
-
Tax ID Number:1102123207
-
Tax Year:2024
-
Tax Annual Amount:$6,962
-
Tax Assessed Value:$455,200
-
Year Assessed:2025
-
County Tax:4213.00
-
City/Town Tax:2748.00
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:Central A/C
-
Central Air:Yes
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Heat Pump - Electric BackUp
-
Heating Fuel:Electric
Utilities
-
Sewer/Septic:Public Sewer
-
Hot Water:60+ Gallon Tank
-
Water Source:Public
Schools
-
School District Name:Frederick County Public Schools
-
School District Source:Listing Agent
The Community
-
Pool:No Pool
Parking
-
Garage:No
-
Type of Parking:Driveway
Extra Units
-
Vacation Rental:No
-
Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/13/25
Jun 13, 2025
|
Sold Subject To Contingencies | BRIGHT | $539,995 | |
|
5/29/25
May 29, 2025
|
Listed / Active | BRIGHT | $539,995 |
