$123,500

401 Ascension St Cumberland, MD 21502

$1,467
Closing credit¹
2,082 sqft
0.08 acres
$59 / sqft
Multi-Family

Property details

About 401 Ascension St

*MAJOR PRICE RUDUCTION* Discover this substantial, vacant brick duplex in Cumberland, MD, a prime canvas for your next investment project. This property has two 2-bedroom 1-bathroom units, each equipped with a private entrance. The property's solid brick construction ensures durability, while the separate utility meters for each unit provide efficient management. The majority of windows have been upgraded to energy-efficient vinyl replacements, enhancing comfort and reducing utility costs. While the units require some cosmetic updates, such as fresh paint, new flooring, and updated appliances, the strong rental history and potential for increased rental income make this a worthwhile investment. The large attic and basement storage spaces offer ample room for tenants' belongings. Whether you're a seasoned investor seeking to capitalize on a value-add opportunity or a first-time homebuyer looking to house hack, this Cumberland duplex presents a promising path to financial growth. All of the conveniences you need are within walking distance from food to gas and the closest highway exit. Excellent value! **Make sure you see the walk thru video!!**

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
(ACTIVE)
CoolingWall Unit(s)
Size2,082 sqft
BasementYes
Lot size0.08 Acres
Year built1920
ParkingOn Street
MLS #MDAL2009828

Summary

  • MLS Number: MDAL2009828
  • MLS Name: BRIGHT
  • Office Name: Charis Realty Group
  • Office Phone: (301) 831-5099
  • Office Email: home@charisrealty.com
  • Listing Agent: Jason Wade
  • Agent Phone: (202) 409-6788
  • Agent Email: jason@charisrealty.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: 3/17/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

townhome / multi-family property with a porch and brick siding

$123,500

401 Ascension St

$1,467

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 22, 2023
Home Sold
$92,500
Jul 26, 2007
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2024$55,900$401
2023$43,200$401
2022$39,100$-
2021$35,000$286
2020$30,900$286
2018$30,833$293
2017$30,800$290

History based on county public records data.

Nearby schools

5

South Penn Elementary School

Public District PK-5

0.7 mi

500 E Second St

5

West Side Elementary School

Public District PK-5

1.0 mi

425 Paca St

4

John Humbird Elementary School

Public District PK-5

1.6 mi

120 E Mary St

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 $34,565. The most common annual income of people living in Cumberland, MD is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

51%
<35k
29%
35k-100k
17%
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?

44%
Single, No Kids
22%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Big LotsBig Lots
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • PopeyesPopeyes
  • Burger KingBurger King

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 401 Ascension St in Cumberland, MD and zip code 21502. This 2,082 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $123,500.

In February 2025, from all listings sold in Cumberland, MD there were more than 4 sold above asking price, over 20 sold below and more than 1 were sold right at the asked price. In February 2025 in Cumberland, MD there were 5.2% more homes for sale than in January. The median list price of listings available in February 2025 was $150,000, while the average time on the real estate market was 61 days.

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

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