Calling all investors! This fully leased 5-unit property is a rare find at under $200K—featuring four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Don’t miss out!
Sold for $160,000
$160,000
11023 Old Mount Savage Rd NW, Lavale, MD 21502
10beds
5baths
2,535sqft
Multi Family
Built in 1920
-- sqft lot
$162,400 Zestimate®
$63/sqft
$1,054 Estimated rent
Home value
$162,400
Estimated sales range
Not available
$1,054/mo
Zestimate® history
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$1,054/mo
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$820/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 05:04am
Listed by:
Jennifer Young 703-956-5128,
Keller Williams Realty
Bought with:
NON MEMBER, 0225194075
Non Subscribing Office
Source: Bright MLS,MLS#: MDAL2011778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Basement
- Area: 619
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Bathroom - Tub Shower, Dining Area, Eat-in Kitchen, Kitchen - Table Space, Family Room Off Kitchen
- Flooring: Carpet, Ceramic Tile, Vinyl, Laminate
- Basement: Connecting Stairway
- Has fireplace: No
Interior area
- Total structure area: 3,154
- Total interior livable area: 2,535 sqft
Property
Parking
- Parking features: Driveway, Paved, Private, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Exterior features: Bump-outs, Lighting
- Pool features: None
- Has view: Yes
- View description: Garden, Mountain(s), Trees/Woods
Lot
- Size: 0.41 Acres
- Features: Front Yard, Landscaped, SideYard(s), Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0129024014
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse/National Folk
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Permanent
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lavale
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $160,000-9.6%$63/sqft |
Source:  Bright MLS #MDAL2011778 Report a problem | ||
| 11/10/2025 | Contingent | $176,970$70/sqft |
Source: Bright MLS #MDAL2011778 Report a problem | ||
| 8/7/2025 | Price change | $176,970-3%$70/sqft |
Source: Bright MLS #MDAL2011778 Report a problem | ||
| 7/28/2025 | Price change | $182,443-3%$72/sqft |
Source: Bright MLS #MDAL2011778 Report a problem | ||
| 6/13/2025 | Price change | $188,085-5.9%$74/sqft |
Source: Bright MLS #MDAL2011778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $173,067 +2.3% |
| 2024 | $1,838 +6.2% | $169,100 +6.2% |
| 2023 | $1,731 +6.6% | $159,233 -5.8% |
Find assessor info on the county website
Neighborhood: Lavale
Nearby schools
GreatSchools rating
- 9/10Cash Valley Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Braddock Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Allegany High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Cash Valley
- Middle: Braddock
- High: Allegany
- District: Allegany 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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- Maryland
- Allegany County
- Cumberland
- 21502
- Lavale
- 11023 Old Mount Savage Rd NW