Cumberland Homes under $500,000

Cumberland Homes under $500,000

Welcome to Cumberland, Maryland, a hidden gem nestled in the heart of Allegany County. Known for its rich history, vibrant arts scene, and stunning natural landscapes, Cumberland offers a unique blend of small-town charm and modern amenities. As the gateway to the scenic Appalachian Mountains, residents enjoy breathtaking views and a plethora of outdoor activities, from hiking and biking to fishing and skiing in the winter months.

Cumberland is steeped in history, with its roots dating back to the early 18th century. The city boasts a variety of historical sites, including the iconic C&O Canal, which invites exploration and leisurely strolls along its picturesque towpath. The downtown area is alive with local shops, restaurants, and cultural events, making it a lively hub for both residents and visitors alike.

For those seeking a new home, Cumberland presents an attractive opportunity with a range of properties available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, the market here offers a diverse selection of charming single-family homes, cozy townhouses, and spacious condos. With affordable prices and a welcoming community, you’ll find the perfect place to call home without breaking the bank.

In Cumberland, you can enjoy a fulfilling lifestyle surrounded by nature, history, and a supportive community, all while maintaining a budget-friendly approach to homeownership. Discover the beauty and warmth of Cumberland, where your dream home awaits!

Newest Cumberland Homes under $500,000

623 Hill Top Dr, Cumberland
$180,000
3 Beds ⋅ 2 Baths
Discover the charm of this well maintained, brick ranch style home! Step inside to find beautiful hard wood floors and built in cabinetry throughout. The finished basement provides ample space for a cozy family room, home office, or extra bedroom, whatever suits your lifestyle! The attached garage not only offers convenient parking but also features additional storage space, making organization a breeze. The inviting layout flows seamlessly, allowing natural light to fill the living areas, creating a warm and welcoming atmosphere. Imagine hosting gatherings on the spacious back porch or enjoying quiet evenings in your sunroom. Outside, the manageable yard offers plenty of room for gardening, outdoor activities, or simply unwinding in the fresh air. The location provides easy access to local amenities, ensuring that everything you need is just a short drive away. This home is more than just a property; it's a place where memories are made. Whether you're looking to settle down or seeking a new adventure, this charming residence is ready to welcome you home. Don't miss the opportunity to make it yours!

623 Hill Top Dr, Cumberland

Listing courtesy of Better Homes & Gardens Real Estate Old Line Group. Contact:

521 Henderson Ave, Cumberland
$92,000
3 Beds ⋅ 2 Baths
Priced to Sell!! This updated home will make a nice single family home or would be a great addition to an investor's portfolio. It is move in ready and offers 3 bedrooms and 1.5 baths. There is a nice covered side porch and an upper porch off one of the bedrooms. Convenient to Downtown Cumberland and other amenities. Make your appointment to come see this property today.

521 Henderson Ave, Cumberland

Listing courtesy of Coldwell Banker Premier. Contact:

236 Glenn St, Cumberland
$299,999
6 Beds ⋅ 3 Baths
<BR> PRICE REDUCED FOR QUICK SALE! <BR> <BR> 236 Glenn St, Cumberland, MD 21502 <BR> Renovated Three-Unit Property | Strong Rental Income Potential <BR> <BR> Build your investment portfolio or live in one unit while the other two help offset your mortgage! This fully renovated property offers three two-bedroom, one-bath units, totaling six bedrooms and three full bathrooms. All furniture in the property conveys. Previously Reported Rental Income <BR> <BR> First level: Two bedrooms and one full bathroom — $1,600/month. <BR> <BR> Second level: Two bedrooms and one full bathroom — $1,600/month. <BR> <BR> Third level: Two bedrooms and one full bathroom, with exterior stair access — $1,500/month. <BR> <BR> That totals $4,700 per month—or $56,400 annually—in gross rental income, offering an attractive foundation for potential cash flow. <BR> <BR> Two Ways to Buy <BR> <BR> Owner-occupants: Eligible buyers may purchase through Fannie Mae financing with as little as 5% down when occupying one unit as their primary residence. Qualifying rental income from the other two units may help support mortgage approval. <BR> <BR> Investors: Ask about DSCR financing with as little as 20% down with NO bank statements and no tax returns and minimum documentation to qualify —up to 80% loan-to-value—for this three-unit property. This financing approach evaluates the property’s rental income to support qualification. <BR><BR> Convenient Cumberland Location Enjoy access to shopping, parks, downtown amenities, and the Cumberland train station, surrounded by the historic character and Appalachian charm of Western Maryland. <BR><BR> Renovated. Furnished. Income potential. <BR> <BR> Schedule your private showing today and make an offer! <BR> <BR> Previously reported rents are subject to verification and do not guarantee future income. Actual cash flow depends on mortgage payments, operating expenses, maintenance, and vacancies. All financing is subject to borrower and property eligibility, current lender guidelines, and approval.

236 Glenn St, Cumberland

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

no property photo
$249,000
4 Beds ⋅ 2 Baths
The remodel is finished, so your new life can start! This solid brick home has been completely remodeled with 4 beds and 1.5 baths, so the work is already done for you. The main level has an open floor plan and new laminate plank flooring. The kitchen is brand new, with new appliances, and lots of windows fill the home with natural light. It sits on a corner lot with front and rear porches, front and rear yards, a detached carport and a full unfinished basement. It's minutes from downtown Cumberland, shopping and medical facilities. Just pack your bags and move right in. Homes like this go fast, so schedule your showing today!

910 Bedford St, Cumberland

Listing courtesy of EXP Realty, LLC. Contact:

135 W Third St, Cumberland
$119,500
3 Beds ⋅ 1 Baths

135 W Third St, Cumberland

Listing courtesy of Samson Properties. Contact:

11420 Valley Rd Ne, Cumberland
$124,900
3 Beds ⋅ 1 Baths
Welcome to 11420 Valley Rd!! Solid brick 3-bedroom, 1-bath home with plenty of potential in Cumberland. The first floor features hardwood floors throughout, a large kitchen, first-floor laundry, and oil-fired hot water baseboard heat. A wood/coal fireplace provides an additional potential heat source and adds character to the home. A stream flows behind the property, creating a peaceful natural setting. The detached garage has been partially converted into a small additional living space that is unfinished but offers potential for an in-law suite, guest space, or future rental opportunity, subject to necessary approvals. Shared blacktop driveway. A great opportunity for someone looking for a home with character, usable features, and room to make it their own.

11420 Valley Rd Ne, Cumberland

Listing courtesy of Coldwell Banker Premier. Contact:

732 Hunt Ter, Cumberland
$169,999
2 Beds ⋅ 1 Baths

732 Hunt Ter, Cumberland

Listing courtesy of Better Homes & Gardens Real Estate Old Line Group. Contact:

407 Race St, Cumberland
$129,000
5 Beds ⋅ 2 Baths
Large 5 bedroom home. Fenced in yard. Hardwood floors on main level with 2 sets of pocket doors. Main level bathroom. Plenty of space throughout. Home needs some work.

407 Race St, Cumberland

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

349 Dorn Ave, Cumberland
$89,500
2 Beds ⋅ 1 Baths
Two bedrooms - Family room with stone fireplace - Walk up attic with potential - Double lot - Two car garage; 24 x 30 (with rear alley access, wood stove, ample lighting, cabinets, work space, concrete floor, ceiling fan and electrical panel box) - updated metal roof and boiler

349 Dorn Ave, Cumberland

Listing courtesy of Julian Agency Real Estate. Contact:

554 Greene St, Cumberland
$210,000
4 Beds ⋅ 2 Baths
Stunning Historic Charm Meets Modern Comfort at 554 Greene! Built in 1920, this beautiful all-brick home is filled with character and timeless appeal. Original wood trim and architectural details showcase the craftsmanship of a bygone era, while thoughtful updates provide the comfort and convenience today’s buyers desire. This spacious four-level home features 4 bedrooms and 2 full baths, along with an updated kitchen, double oven, all new appliances, and renovated baths. A bright sunroom off the dining room offers the perfect spot to enjoy your morning coffee, relax with a good book, or take in the character of the home. Enjoy outdoor living from both the front and rear porches, while the full basement provides excellent storage and additional possibilities. A 2-car garage adds valuable off-street parking and convenience. Located just steps from local shops, restaurants, and cultural attractions, this home puts you close to the best of the community while offering the space and character of a true historic property. Don’t miss this opportunity to own a piece of history with the comforts of today!

554 Greene St, Cumberland

Listing courtesy of Charis Realty Group. Contact:

239 Humbird St, Cumberland
$120,000
2 Beds ⋅ 1 Baths
This charming 2-bedroom, 1-bathroom home, offers a delightful blend of character and modern convenience. Nestled on a spacious 0.25-acre lot, it features essential appliances including a refrigerator, electric oven/range, washer, and dryer, making daily living a breeze. The main floor laundry adds to the home's practicality, ensuring comfort and ease. Located in a vibrant community, residents enjoy access to nearby parks, perfect for leisurely strolls or weekend picnics. The neighborhood is known for its friendly atmosphere and strong sense of community, making it an ideal place to call home. Local schools are within reach, providing quality education options for all ages. With ample parking available on the driveway and street, this home is not just a residence but a gateway to a fulfilling lifestyle. 2026 - NEW ROOF, NEW GUTTERS, NEW SIDING ** Experience the warmth and charm of this inviting property, where every day feels like a retreat.

239 Humbird St, Cumberland

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact:

928 Glenwood St, Cumberland
$109,900
Two units, six bedrooms, and plenty of possibilities! This side-by-side duplex offers three bedrooms and one bathroom in each unit, with one side currently rented and the other vacant, an opportunity to add to your investment portfolio or live in one unit while collecting rent from the other. Hardwood flooring, spacious rooms, covered front porches, and attic storage add to the appeal. The vacant side offers room for updates and your own finishing touches. Keep it as an income-producing property or explore the potential of an owner-occupied investment!

928 Glenwood St, Cumberland

Listing courtesy of Mountainside Home Realty. Contact:

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