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$399,997

127 Water St Frederick, MD 21701

2 beds
1 full, 1 partial
1,092 sqft
0.04 acres
$366 / sqft
Townhouse

Property details

About 127 Water St

127 Water Street – Downtown Frederick Living at Its Finest Just steps off Carroll Creek, in the very heartbeat of Downtown Frederick, sits a home that blends charm, convenience, and that unmistakable Frederick vibe. Imagine a Thursday evening… you stroll two blocks to catch Alive at Five, music floating through the air as you grab a drink and watch the sun set over Carroll Creek. Saturday morning, you wander over to the Farmers Market for fresh bread and flowers. Dinner? Take your pick—award‑winning restaurants, iconic breweries, and cozy cafés are all within walking distance. And on First Saturdays, the whole city comes alive right outside your door. Now picture coming home to 127 Water Street—a freshly updated 2‑bedroom, 1.5‑bath home that’s been thoughtfully freshened up inside, including a brand‑new AC system for peace of mind. The layout is cozy and functional, but what truly sets this home apart are the rare Downtown Frederick features everyone dreams of: ✅ Driveway parking for two cars (no circling the block hunting for a spot!) ✅ A fenced rear yard, perfect for pets, gardening, or a quiet evening by the firepit. ✅ A quiet, tucked‑away street that isn’t a through street—less traffic, more peace. It’s all here—the energy of downtown living paired with the comfort of a home that makes life easy. If you’ve been dreaming of that Frederick lifestyle where you can walk to everything yet retreat to your own private space, 127 Water Street is calling your name. Come experience it for yourself… and fall in love with what makes Downtown Frederick so special.

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,092 sqft
BasementYes
Lot size0.04 Acres
Year built1880
ParkingOn Street,Driveway
MLS #MDFR2067796

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Ice Maker, Microwave, Oven, Electric Range, Refrigerator, Water Heater, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Interior: Kitchen - Table Space, Combination Dining/Living
  • Total Bedroom Count: 2
  • Parking: On Street,Driveway
  • Architectural Style: Colonial
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $399,997
  • Price/SqFt: $366
  • Annual Tax Amount: $3,520
  • Tax Year: 2024
  • Directions: South Street to Water St (near FCPS Building/Across from the old Frederick Brick works) - towards Carroll Creek.
  • Year Built: 1880
  • Stories: 2
  • Living Area: 1,092 SqFt
  • Municipality: Frederick City
  • Lot Size: 0.04 Acres
  • MLS Number: MDFR2067796
  • MLS Name: BRIGHT
  • Office Name: IMPACT Maryland Real Estate
  • Office Phone: (240) 815-0890
  • Listing Agent: Anthony E Verdi
  • Agent Phone: (301) 514-2403
  • Agent Email: ericverdi.impact@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 27, 2021
Home Sold
$296,000
Nov 16, 2005
Home Sold
$199,999

Tax history

YearAssessmentProperty Tax
2024$238,767$3,520
2023$190,933$3,520
2022$143,100$2,651
2021$139,333$2,508
2020$135,567$2,418
2019$131,800$2,418
2018$131,733$2,430
2017$131,667$2,303

History based on county public records data.

Nearby schools

4

Lincoln Elementary School

Public District KG-5

0.5 mi

200 Madison St

7

Parkway Elementary School

Public District KG-5

0.8 mi

300 Carroll Pkwy

7

North Frederick Elementary School

Public Magnet KG-5

1.4 mi

1010 Fairview Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,333. The most common annual income of people living in Frederick, MD is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
42%
35k-100k
18%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
29%
Single, with Kids
18%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 127 Water St

The listing price of 127 Water St property is $399,997.

The property 127 Water St is a townhouse located in Frederick, Maryland, 21701.

Active Listing: 127 Water St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 127 Water St are: Lincoln Elementary School (GreatSchools Rating 4/10), Parkway Elementary School (GreatSchools Rating 7/10), North Frederick Elementary School (GreatSchools Rating 7/10), Monocacy Valley Montessori (GreatSchools Rating 8/10), West Frederick Middle School (GreatSchools Rating 4/10), Crestwood Middle School (GreatSchools Rating 4/10), Frederick High School (GreatSchools Rating 4/10), Gov. Thomas Johnson High School (GreatSchools Rating 4/10), Tuscarora High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $3,520 (source: MLS/based on county public records data).

The last sale was on April 27, 2021 for $296,000 (source: MLS/tax record).

The property at 127 Water St has 2 bedrooms and 1 full and 1 half bathrooms.

The property 127 Water St is 1,092 SqFt (source: MLS/tax record).

The year of construction for 127 Water St is 1880.

This home is located at 127 Water St in Frederick, MD and zip code 21701 in the Downtown Frederick neighborhood. This 1,092 square foot home, which was built in 1880, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $399,997.

Between May and June 2025, Frederick, MD real estate market has seen increase in the number of listings by 114.4%. While the average time on the market in June 2025 was 42 days, the median list price was $499,999.

From Rocket Homes Real Estate and based on county public records data.

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