124 Water St, Frederick, MD 21701
Property image
Property image
OFF MARKET

$341,800

Trulia Estimate
as of Aug 29, 2026
  • 2 Beds
  • 2 Baths
  • 1,276 sqft
  • 2 Beds
  • 2 Baths
  • 1,276 sqft

124 Water St, Frederick, MD 21701

Home Highlights

Property Type
Single-Family Home
Living Area
1,276 sqft
Price/Sqft
$268

Local Information

  • Map ViewExplore the area around 124 Water St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Interested applicants must schedule an appointment with Realtor Nicole Spaid of BHHS PenFed Realty at our office prior to any showings. You will need to sign the Maryland "Understanding Whom Real Estate Agents Represent" and provide your driver's license. MLS #MDFR2070576. Downtown Frederick living at its best! This stunning, completely updated 2-bedroom, 2-bathroom duplex offers modern living with all the perks of a prime downtown location. Enjoy a sophisticated, move-in-ready space featuring high-end finishes and convenient urban access. Key features: The kitchen space has been fully updated with brand-new stainless steel appliances, premium cabinetry and granite countertops. No carpet here! All original hardwood throughout except for the kitchen which features beautiful Brazilian cherry plank flooring. Both full bathrooms have been tastefully renovated with modern fixtures and tile work. A private balcony off the rear bedroom is the perfect retreat for your morning coffee. The property also includes a private, fenced-in backyard, ideal for relaxing or entertaining. Enjoy the convenience of DEDICATED OFF STREET PARKING, a coveted feature in the downtown area. The location is unbeatable for MARC train commuters (walk to the station), easy access to I-70 and other commuter routes. Explore the best of downtown living, with Carroll Creek Linear Park, top-rated restaurants, vibrant shops, and entertainment venues just a short stroll away. Applications processed securely via RentSpree. Cost is $49.99

No smoking inside or outside the property. Tenant pays all utilities. Minimum 1 year lease.
124 Water St, Frederick, MD 21701 is a 2 bedroom, 2 bathroom, 1,276 sqft single-family home. It last sold for $296,500 on Jan 9, 2023 (15,105% above the $1,950 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $1,950 per month. That rental listing was removed on October 18, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $341,800, with a rent estimate of $2,481/month.

Home Details for 124 Water St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 124 Water St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
70 E South St, Frederick, MD
0.23
Single-Family Home
$415,000
04/06/26
2
1.5
1,108 sqft
101 Pennsylvania Ave, Frederick, MD
0.35
Single-Family Home
$310,000
04/24/26
2
2
864 sqft
497 Sagner Ave, Frederick, MD
0.34
Single-Family Home
$335,000
05/01/26
3
1.5
1,264 sqft
138 E South St, Frederick, MD
0.12
Single-Family Home
$285,000
07/16/26
2
1
672 sqft
338 E Church St, Frederick, MD
0.37
Single-Family Home
$520,000
04/30/26
2
1.5
1,244 sqft
515 E Church St, Frederick, MD
0.50
Single-Family Home
$300,000
04/14/26
2
1.5
1,008 sqft
7 N Wisner St, Frederick, MD
0.27
Single-Family Home
$345,000
07/15/26
2
1
1,034 sqft
313 S Market St, Frederick, MD
0.40
Single-Family Home
$450,000
01/23/26
2
2
1,590 sqft
108 Water St, Frederick, MD
0.02
Single-Family Home
$260,000
05/08/26
1
1
739 sqft
210 E 3rd St, Frederick, MD
0.48
Single-Family Home
$335,000
11/04/25
3
1.5
1,200 sqft

Nearby homes

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Around this home

What Locals Say about Frederick

At least 861 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 79 % Say car is needed

  • 77 % Say parking is easy

  • 75 % Say there's holiday spirit

  • 74 % Say streets are well-lit

  • 72 % Say yards are well-kept

  • 71 % Say kids play outside

  • 68 % Say people would walk alone at night

  • 62 % Say it's walkable to restaurants

  • 62 % Say it's quiet

  • 62 % Say it's walkable to grocery stores

  • 53 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say there's wildlife

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jennifer mens
    "Beautiful place nice people nice houses can’t go wrong just watch out for crazy drivers !!!!!!!!!!!!!!!!"
    0
    Flag
  • Jennifer mens
    "Dog owners would like that there’s a lot of other dog walkers and everyone is nice and mostly cleans up after themselves "
    0
    Flag
  • Daniel_davis25
    "They would like that we have dog appointment areas for them to use the restroom. Also they have doggy bags for pickup and disposal receptacles. "
    0
    Flag
  • Libragirl70
    "There are many dog owners here, dog parks and waste receptacles everywhere. Frederick is very dog friendly. "
    1
    Flag
  • Jeffrey A Leon
    "No longer commute as I am retired. But commute to DC is awful as traffic is terrible and horrible all times."
    0
    Flag
  • Angela Alvarez
    "I’ve lived in Urbana for a year and I love it, the swimming pools and gyms are amazing and the trash collection comes twice a week"
    0
    Flag
  • Angela Alvarez
    "Urbana is the best area of Frederick and the best schools too. It has some restaurants and shops too and an international population"
    0
    Flag
  • Angela Alvarez
    "I’ve lived here 2 years and it’s very safe although extremely diverse. It’s got a lot of nationalities "
    0
    Flag
  • amezy
    "I’ve lived here for over 10 years it’s pretty quiet most of the time and most people keep to themselves. Down side is that there’s nothing to do here so it gets pretty boring."
    0
    Flag
  • Jessica Croxall
    "Lots of dog owners in the neighborhood. Dog parks in the neighborhood that have water, room to run free. "
    0
    Flag
  • Abryle Haynes
    "I don’t know. Just make sure your dog is on a leash. Not all dogs are friendly. And you don’t know what your dog is really capable of around strangers and other dogs. "
    0
    Flag
  • Abryle Haynes
    "30 mins to and from Hagerstown and Montgomery county is not bad. But a lot of accidents on 70 and 270, daily. "
    0
    Flag
  • Lgarber626
    "My current neighborhood is nice and the families are friendly. It’s unique because there is more land separating the houses than in other areas of the county. "
    0
    Flag
  • Nadinewilsonsmith
    "The community event that’s makes the neighborhood special are Community Outreach, community events, clubs and church activities. "
    0
    Flag
  • Robin Wilcox
    "We have lived locally for 12 years and love it. I grew up in Montgomery County and love living here in Frederick!"
    0
    Flag
  • Noellauryn2
    "It’s a very safe neighborhood, there’s lots of parks I just find it can be hard to find a lot of kid and teen spaces. I’d recommend making sure your teen has a license I see this as a place to live with young kids!"
    0
    Flag
  • Terrywilson20115
    "Neighborhood is very dog friendly. People are constantly walking dogs of all sizes and breeds. We have a 100 pound Rottweiler and have no issues walking her in the neighborhood. Everyone is good about adhering to the leash laws. For the most part, people are good about cleaning up after their dog."
    4
    Flag
  • Csn45bxxp2
    "There are a lot of dogs and plenty of places to walk dogs in the area. Multiple parks, dog walking stations. Great place for a great dog life."
    1
    Flag
  • Trulia User
    "That people respect each other spaces on the sidewalks, but there is a problem with picking up at the pets. Even though there are receptacles with bags and then hang on waste area for them to put them in, so no need to be lazy."
    5
    Flag
  • Trulia User
    "Close to the interstate and there are lots of alternate routes using side streets, if you don't want to use the interstate. Roads are typically not congested. "
    5
    Flag
  • Trulia User
    "it is amazing great place to raise a family . schools are good and community is very good. all festivals are celebrated in a good way and people are friendly"
    1
    Flag
  • Trulia User
    "This is a diverse area of mostly well maintained homes. Nice families. I love walking the nature trails with my kids and dogs. Fox, owl, heron, deer are common sights. "
    3
    Flag
  • Trulia User
    "Friendly Neighbors and very diverse. Near downtown frederick and great restaurants and shopping centers "
    2
    Flag
  • Trulia User
    "There are events up at the community center and the pole throughout the summer. And then they do a Christmas decoration contest"
    1
    Flag
  • Trulia User
    "neighborhood is very safe, quiet and clean. it is a great place to live and raise kids. it is a family oriented community with nearby parks and trails. "
    2
    Flag
  • Trulia User
    "It has a rural feel but is close to amenities. Wide shoulders allow for nice walking areas. The community center used to be a one room school house and holds many neighborhoods events like pancake breakfasts, craft fairs, barbecues, etc."
    1
    Flag
  • Prince H.
    "Great peaceful environment and atmosphere. Family setting games and sporting events. Great to raise kids and family "
    1
    Flag
  • Fidel V.
    "Good place to live and friendly many communities in this area to help you out and parks are amazing "
    0
    Flag
  • Dmoore202000
    "I have lived here for 2 years., and the Frederick area is a great place to live and raise kids. Frederick for the most part is extremely safe, and the neighbors tend to look out for one another."
    0
    Flag
  • Herrodje
    "Area is extremely safe with plenty of open spaces to play. There is access to a lot of parks and great schools"
    16
    Flag
  • Colleen F.
    "There are many families and fun activities and the parks and recreation facilities are excellent. The library system is also top shelf."
    1
    Flag
  • Tamy W.
    "There can be a lot of traffic in this area so be wary when letting kids run around the neighborhood. "
    0
    Flag
  • Bella M.
    " Frederick has some of the most diverse schools and some of the highest rated academically he would be really smart to put your kids in a school in Frederick"
    1
    Flag
  • Trulia User
    "Difficult no public transportation, have to get ride from work partners. Or Uber which is an unnecessary expense."
    3
    Flag
  • Tiana M.
    "We love the community and family focus. Peaceful, beautiful, and lots to do. Not the best public transportation but the services are expanding. "
    5
    Flag
  • Marcelaweedon
    "I don’t know if any right now, but I wish I did. I would like to be a part of them or start one. I feel like this would be a good way for old and new neighbors to meet each other. My neighbors are friendly to each other. Just don’t see community events happening."
    8
    Flag
  • Eloy G. C.
    "I’ve been just 3 months in so don’t know well the area or the neighbors. It is a very peaceful neighborhood to live in though."
    1
    Flag
  • Keith.kiddy
    "Neighbors get together and drink wine and occasionally have barbecues. Everyone is always looking out for each other "
    6
    Flag
  • Kathy M. M.
    "just moved. not too aware of Community events that they have. I moved from Miami FL to Frederick Maryland for it having a good mixture of city life a quietness, however I yet have much of it to explore "
    1
    Flag
  • Tia B. .
    "Frederick is a lovely historic and diverse community. The people are friendly and helpful. I do old recommend Frederick to anyone looking for a safe and tight knit community. "
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 18, 2025
Source: Zillow Rentals
ListingRemoved
$1,950
Oct 10, 2025
Source: Zillow Rentals
Listed For Rent
$1,950
Jan 9, 2023
Source: Bright MLS #MDFR2028220
Sold
$296,500
Dec 7, 2022
Source: Bright MLS #MDFR2028220
Pending
$325,000
Nov 11, 2022
Source: Bright MLS #MDFR2028220
PriceChange
$325,000
Price decreased by 7%

Frequently asked questions about 124 Water St

  • What is 124 Water St estimated to be worth?
    Trulia's estimated value for 124 Water St in Frederick, MD is $341,800.
  • What is the price history for 124 Water St?
    124 Water St in Frederick, MD last sold for $296,500 in January 2023.
  • Is Frederick a buyer's or seller's market?
    Frederick is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Frederick?
    The median sale price in Frederick is $441K. That is up $7.33K from the prior month.
  • Does 124 Water St have air conditioning?
    Yes, 124 Water St in Frederick, MD has air conditioning.
  • Does 124 Water St have laundry facilities?
    Yes, 124 Water St in Frederick, MD has in-unit laundry.

Homes for rent near 124 Water St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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