Change Real Estate Presents:

16700 Frederick Road
Mount Airy MD 21771

For Sale: $774,899.00 Active

List Date: 2026-04-20

Mount Airy
8 bedrooms
6 bathrooms
8,566 build ft2
1.00 land acres

About This Property

**MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**

Listing Agent: Vishal P Doddanna. Keller Williams Realty Centre 443-718-9646 vishal@vidonagroup.com

Property Features

Location Information
County:
Subdivision: NONE AVAILABLE
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Private
Cooling: Other, Ceiling Fan(s), Window Unit(s), Multi Units
Heating: Forced Air, Central
Fireplaces: 1
Windows:
Utilities: Natural Gas Available
Sewer: Other, Septic Exists, Private Septic Tank, Shared Septic
Exterior Features
Year Built: 1900
Subdivision Name: None Available
Parking: Gravel Driveway, Asphalt Driveway
Schools
Elementary School: Lisbon
Junior High School: Glenwood
High School: Glenelg

IDXListing Courtesy of Vishal P Doddanna. Keller Williams Realty Centre 443-718-9646 vishal@vidonagroup.com

Property Photos [Click to enlarge]

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