Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
2 Baths
1,162 sqft

$399,000

506 N MARKET STREET, FREDERICK MD, 21701

Price per sqft$343.37
Built in1890
Property size1,162 sqft
Property typeTownhomes

Overview

Active

Active-bright

Listed Oct 12, 2026

Updated 16 min ago

Welcome to 506 N Market St, a charming 3-bedroom, 1.5-bath home in the heart of Historic Downtown Frederick, where classic character meets thoughtful modern updates. Deeded for both residential and business use, the property offers flexibility for a variety of uses. Currently operating as a short-term rental, the home has earned a 9.8 rating on VRBO and a 4.92 rating on Airbnb, with the owner recognized as an Airbnb Superhost for five consecutive years. The desirable Market Street location is within walking distance of downtown restaurants, breweries, shops, and entertainment. The main level features a recently renovated kitchen, comfortable living and dining areas, and a convenient half bath. Upstairs, three bedrooms and an updated full bath provide versatile living space. The lower level offers additional storage and utility space. Outside, enjoy a private fenced patio, while updated heating and air conditioning provide year-round comfort. Furnishings and supplies are available for separate purchase for buyers interested in continuing the existing rental operation. Explore Carroll Creek Park, Baker Park, the National Museum of Civil War Medicine, and the Weinberg Center for the Arts. Nearby TransIT service, US-15, I-70, I-270, and MARC rail service provide convenient transportation options. Enjoy the character, walkability, and amenities of downtown Frederick.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDFR2089742

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$5,722
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Redfin Corp
Listing Contact: 3016608893 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/22/2026 at 2:29 PM UTC

 

Benson & Mangold Real Estate

Powered by Luxury Presence