**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**
For sale
$774,899
16700 Frederick Rd, Mount Airy, MD 21771
8beds
8,566sqft
Est.:
Single Family Residence
Built in 1900
1 Acres Lot
$759,200 Zestimate®
$90/sqft
$-- HOA
What's special
Gravel lot
- 35 days |
- 972 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Vishal Doddanna 443-718-9646,
Keller Williams Realty Centre 4103120000,
Listing Team: Vidona Group
Source: Bright MLS,MLS#: MDHW2067064
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
- Main level bathrooms: 6
- Main level bedrooms: 8
Basement
- Area: 0
Heating
- Forced Air, Central, Natural Gas
Cooling
- Other, Ceiling Fan(s), Window Unit(s), Multi Units, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Flue for Stove, Wood Burning
Interior area
- Total structure area: 8,566
- Total interior livable area: 8,566 sqft
- Finished area above ground: 8,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 15
- Parking features: Gravel, Asphalt, Driveway, Off Street
- Uncovered spaces: 15
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1404367464
- Zoning: RCDEO
- Zoning description: Rural Residential, Auto Garage is grandfathered in
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Block
- Foundation: Block, Other
- Roof: Architectural Shingle,Rubber,Flat,Pitched
Condition
- Good,Average
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Other, Septic Exists, Private Septic Tank, Shared Septic
- Water: Private
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Mount Airy
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $656,233
- Annual tax amount: $9,711
- Date on market: 4/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Bank Portfolio,Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$759,200
$721,000 - $797,000
$3,073/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $774,8990%$90/sqft |
Source: | ||
| 5/15/2026 | Price change | $774,900+0%$90/sqft |
Source: | ||
| 5/9/2026 | Price change | $774,8990%$90/sqft |
Source: | ||
| 5/8/2026 | Price change | $774,900+0%$90/sqft |
Source: | ||
| 4/30/2026 | Price change | $774,8990%$90/sqft |
Source: | ||
| 4/18/2026 | Listed for sale | $774,900$90/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2017 | Listing removed | $1,550 |
Source: Owner Report a problem | ||
| 8/20/2017 | Listed for rent | $1,550 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 21771
Nearby schools
GreatSchools rating
- 9/10Lisbon Elementary SchoolGrades: K-5Distance: 1.7 mi
- 9/10Glenwood Middle SchoolGrades: 6-8Distance: 5.1 mi
- 10/10Glenelg High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Lisbon
- Middle: Glenwood
- High: Glenelg
- District: Howard County Public School System
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Howard County
- Mount Airy
- 21771
- 16700 Frederick Rd





