#MDAL2011520, Steve A DuBrueler, Listing Office: Coldwell Banker Premier
11023 Old Mount Savage Rd NW Lavale, MD 21502
Property details
About 11023 Old Mount Savage Rd NW
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!
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile, Vinyl, Laminate Plank
- Interior: Bathroom - Tub Shower, Carpet, Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Family Room Off Kitchen
- Parking: Paved Driveway,Paved Parking,Private, Off Street
- View: Garden, Mountain(s), Trees/Woods
- Exterior: Bump-outs, Exterior Lighting
- Architectural Style: Farmhouse/National Folk
- Heating: Baseboard
- Cooling: Ceiling Fan(s), Window Unit(s)
- List Price: $199,900
- Price/SqFt: $78
- Annual Tax Amount: $1,730
- Tax Year: 2024
- Lot: Front Yard, Landscaped, Side Yard(s), Back Yard
- Directions: From Cumberland Route 36 past Timbrook GMC - Right onto Rt. 40/National Hwy SW - Right on Old Mount Savage Rd. to #11023 house on Left
- Year Built: 1920
- Living Area: 2,535 SqFt
- Lot Size: 0.41 Acres
- MLS Number: MDAL2011778
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty
- Office Phone: (703) 679-1700
- Office Email: klrw319@kw.com
- Listing Agent: Jennifer D Young
- Agent Phone: (703) 956-5128
- Agent Email: jennifer@jyhteam.com
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Last updated on: 6/1/2025, 10:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,900
11023 Old Mount Savage Rd NW
$2,374
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 20, 2006 | Home Sold | $132,000 |
May 03, 2005 | Home Sold | $118,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $169,100 | $1,730 |
2023 | $159,233 | $1,730 |
2022 | $149,367 | $- |
2021 | $139,500 | $1,676 |
History based on county public records data.
Nearby schools
9
Cash Valley Elementary School
Public District PK-5
1.1 mi
•10601 Cash Valley Rd NW
5
West Side Elementary School
Public District PK-5
1.8 mi
•425 Paca St
8
Northeast Elementary School
Public District PK-5
1.9 mi
•11001 Forest Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,543. The most common annual income of people living in Lavale, MD is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 11023 Old Mount Savage Rd NW
The listing price of 11023 Old Mount Savage Rd NW property is $199,900.
The property 11023 Old Mount Savage Rd NW is a house located in Lavale, Maryland, 21502.
Active Listing: 11023 Old Mount Savage Rd NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11023 Old Mount Savage Rd NW are: Cash Valley Elementary School (GreatSchools Rating 9/10), West Side Elementary School (GreatSchools Rating 5/10), Northeast Elementary School (GreatSchools Rating 8/10), Braddock Middle School (GreatSchools Rating 7/10), Washington Middle School (GreatSchools Rating 4/10), Mount Savage Middle School (GreatSchools Rating 7/10), Allegany High School (GreatSchools Rating 7/10), Fort Hill High School (GreatSchools Rating 4/10), Center for Career & Technical Education (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,730 (source: MLS/based on county public records data).
The last sale was on September 20, 2006 for $132,000 (source: MLS/tax record).
The property at 11023 Old Mount Savage Rd NW has 0 bathroom.
The property 11023 Old Mount Savage Rd NW is 2,535 SqFt (source: MLS/tax record).
The year of construction for 11023 Old Mount Savage Rd NW is 1920.
This home is located at 11023 Old Mount Savage Rd NW in Lavale, MD and zip code 21502. This 2,535 square foot home, which was built in 1920, sits on a 0.41 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $199,900.
The number of listings in Lavale, MD increased by 37.4% between April and May 2025. In May 2025, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $159,500.