Listed By:
Lucas Alan Muenchow with Railey Realty, Inc. - 3013872000;
Address
615 E Oak Street, Oakland, MD
Price
$ 365,000
Property Attributes
  • MLS#MDGA2012446
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyGARRETT
  • CityOakland
  • NeighborhoodOakland
  • Zip21550
  • Style
  • Year Built1926
  • Taxes$ 1262
  • Price$ 365,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2652
  • Lot Size0.13 Acres
Data Source:
Bright MLS
Property Description

PRIME INVESTMENT OPPURTUNITY! Recently renovated (including plumbing and electric) in 2025, this triplex is a rare opportunity in the heart of downtown Oakland, MD. With three separate units, you'll have the potential for three streams of rental income from one property. Buyer could live in one unit and rent the other units out to help offset mortgage costs! Whether you're a seasoned investor or just getting started, this turnkey property offers updated finishes, strong income potential, and a prime location just steps from shops, restaurants, and everything downtown has to offer. Top floor is 1-bedroom and 1-bathroom. Middle floor is 2-bedroom and 1-bathroom. Bottom floor is 2-bedroom, 1-bathroom and has a laundry hookup. Contact me today with any questions or to schedule a time to tour the property!

Price History
7/23/2026 Listed $365,000

General Features

Living Area 2652
Sewer Private Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement
Zoning R
Architectural Style Other
Construction Materials Frame,Block
School District GARRETT COUNTY PUBLIC SCHOOLS
Year Built 1926
Electric 200+ Amp Service
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County GARRETT
New Construction No
Property Type Residential
HOA No
Subdivision Name OAKLAND
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions From S Third Street turn left onto E Oak Street. The property is about 1//2 a mile down the road on the right. Sign in the front yard.
City OAKLAND
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 5662.00
Tax Assessed Value 83333.0
Tax Annual Amount 1262.0
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 219.35
Acceptable Financing Cash,Conventional,FHA,USDA,VA
Vacation Rental Y/N No
Total SQFT 2652
Standard Status Active
Year Built Source Assessor

Interior Features

Heating Fuel Electric
Basement Fully Finished
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1664
Central Air Y/N No
Total Bedrooms 5
Below Grade Finished Area 988
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Below Grade Unfin Area Units Square Feet
Below Grade Finished Area Source Estimated
Bedrooms Count All Lower Levels 2
Bedrooms Count All Upper Levels 1
Bedrooms Count Lower Level 1 2
Bedrooms Count Upper Level 1 1
Bathrooms Full Upper Level 1 1
Bathrooms Full Lower Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Full All Lower Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count Lower Level 1 1.00
Bathrooms Count All Upper Levels 1
Bathrooms Count All Lower Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 3
Type of Parking Driveway,On Street
Land Use Code R
Foundation Details Block
Water View Y/N No
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N No
Land Assessed Value 12100.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 21550

Price
AVG $790K
$370K
Taxes
AVG $5,079
$1,262
Year Built
AVG 1980
1926

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