30% of homes accept an offer within 2 weeks. Tour it before it's gone!
Today:
About this home
Investor Opportunity in Downtown Frederick , Three-unit multifamily property with a large rear garage, located in a rapidly developing area of Frederick City near Baker Park and Culler Lake. Zoned DB (Downtown Business), offering potential for a variety of residential and commercial uses. The property features: Street-facing efficiency unit that could potentially be used as a commercial office, Lower-level rear unit with 1 bedroom and 1 bathroom, Second-level unit with 2 bedrooms and 1 bathroom, Large 2+ car garage with storage room, Additional off-street parking, Many updates completed over the years, with additional TLC needed. All long-term tenants have vacated, and the property is currently vacant and being sold strictly "As-Is. " An opportunity to renovate, reposition, and maximize the potential of a multifamily property in a desirable and evolving Frederick City location.
Jefferson Street Corridor, located between Baker Park and Downtown Frederick, is a residential and commercial Frederick neighborhood with a tree-lined main drag and a steady stream of local storefronts. The neighborhood’s character concentrates around the Jefferson Street and West Patrick Street junction, where sidewalks frame corner eateries, small offices, and day-to-day errands in constant motion. Community pillars include The Delaplaine Arts Center, the Weinberg Center for the Arts, and McClintock Distilling in nearby downtown blocks. Architecture shifts from classic brick rowhomes to detached houses with deep porches, with pockets of mid-century infill along the corridor. Baker Park’s paths and Carroll Creek’s bridges shape an outdoors-forward routine, while downtown galleries and restaurants keep evenings active. The street grid and frequent crosswalks keep the corridor feeling connected and walk-oriented.
Provided by Walk Score and Local Logic
Market insights
430 W Patrick St · $475,000
DAYS ON MARKET
1 days
The average home goes pending in 48 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$475,000
Median sale price in this area is $632,924. (33% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Attic
Walk-in shower in bathroom
Combination kitchen and dining area
Efficiency layout
Entry-level bedroom
Wood floors
Insulated doors
Drywall and paneled walls
Dirt floor basement with outside/side entrance
One fireplace
Bedrooms
One one-bedroom unit
One two-bedroom unit
One single-room unit
Three vacant units
Bathrooms
Bathroom(s) with walk-in shower
Kitchen
Stove
Electric oven/range
Refrigerator
Combination kitchen/dining
Laundry & utility
Washer in unit
Dryer in unit
Laundry available on upper and main floors
Flooring
Ceramic tile
Wood flooring
Heating & cooling
Heat pump(s) for cooling
Electric baseboard and heat pump heating
Electric hot water
Exterior features
Outbuilding(s)
Sidewalks
Balcony
Porches
Level lot
Blacktop road access
Home design
Detached structure
Three levels
Three separate units (multifamily)
Parking
Detached 2-car garage (side entry)
Total of 5 garage/parking spaces
Three off-street parking spaces
Garage area approximately 757 sq ft
Construction
Brick construction
Asphalt roof
Crawl space and stone foundation
Above-grade structures
Utilities
Public water
Public sewer
Cable TV/internet available
Electric for heating, cooling fuel, and hot water
Financial info
Fee simple ownership
Property condition: average with major rehab needed (needs significant repairs)
No existing leases; lease considered: no
Rent control: none
Income potential includes apartment rentals and professional office space
Other
Located in city limits
Ground rent paid annually
Electricity and solar
View estimated energy costs and solar savings for this home
The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses. To encourage the implementation of this objective, certain parking requirements are relaxed for development or redevelopment in this district.
Permitted uses
Include but are not limited to:
General retail
Retail-Grocery
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Shopping centers
Park & open space
Historical weather
Frederick, MD • 21701
Average low and high temperatures (°F)
37
23
43
28
61
40
70
49
74
56
85
66
90
71
82
62
79
59
69
46
57
39
43
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 430 W Patrick St
$473,213
$1,787 under list price of $475K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $375K to $450K.