INVESTMENT OPPORTUNITY IN HISTORIC DOWNTOWN CAMBRIDGE! This single family home, located in the heart of Historic Downtown Cambridge, offers plenty of potential! The home will require major renovations and updating, but the possibilities are exciting. The current owner took care of a lot of the hard work, as it's been taken down to the studs inside. Whether you're looking to restore the existing layout, improve the property for rental income, explore its potential as an investment, or renovate and enjoy it as your own residence, this is an opportunity worth considering. Enjoy all that Cambridge has to offer, from waterfront views and fresh local seafood to charming shops, galleries, breweries, restaurants, and a vibrant arts and entertainment scene. Situated along the Choptank River, Cambridge combines small-town charm with rich Eastern Shore history. Conveniently located within approximately an hour of Annapolis, Ocean City, Assateague Island, and the Delaware beaches, and just about 30 minutes from Salisbury. Bring your vision and your plans—this property is ready for its next chapter!
Single-familyProperty Type
1918Year Built
7,775 sq ftLot Size
$64Price/Sq.Ft.
Listed by Melissa Tippett• TTR Sotheby's International Realty
Investor Alert - Duplex w/ special exception in Historic Downtown Cambridge. Property has 3 gas meters, 3 electric meters. Was most recently used as a duplex w/ a 3BR/1BA upper unit, and a 2BR/1BA lower unit. As evident by the photos, property needs work, but has incredible potential. Cambridge is a quintessential waterfront town on the Eastern Shore full of incredible seafood, unique boutiques, arts and entertainment, tons of history, and local brews and restaurants. On the banks of the Choptank River, you'll be charmed by this gem of the Shore. Great central location - hour West to Annapolis, East to Ocean City beach and boardwalks, Assateague Island or the Delaware Beaches; half hour to Salisbury. Don't miss this unique opportunity. Sizes, taxes approximate; agent has financial interest; owners are licensed realtors in the states of Maryland and Delaware.
Public Records
May 1, 2023
Sold
$100,000
$36/sq ft
Public Records
Apr 21, 2006
Sold
$180,000
$65/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,446 (+4.9%)
2023
$2,331 (+1.6%)
$30,400 + $99,800
$130,200
2022
$2,294 (+2.4%)
2021
$2,241 (+2.7%)
$30,400 + $93,700
$124,100
2020
$2,182 (+2.6%)
2019
$2,126 (+2.7%)
2018
$2,070
$21,300 + $90,200
$111,500
2017
$2,070 (−5.9%)
$21,300 + $90,200
$111,500
2015
$2,200 (−6.3%)
$26,500 + $100,900
$127,400
2014
$2,348 (+0.3%)
$26,500 + $100,900
$127,400
2012
$2,342 (+39.9%)
2011
$1,675 (+16.7%)
2010
$1,435
2009
$1,435
Public record
Public record
Zoning
Beds
—
Baths
3
Stories
2.5
Lot width
—
Lot depth
—
Lot size
7,775 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,752
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,752
Year built
1918
Style
Single Family Residential
County
Dorchester County
APN
07 161484
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
NC-3
Neighborhood Conservation District
The Neighborhood Conservation districts (NC1, NC-2, NC-3, and NC-4) are applied to residential neighborhoods that predate the adoption of City zoning regulations and exhibit primarily single-family residential character. The intent is to maintain the character of neighborhoods including the setting for important historic and cultural resources. The district regulations are also intended to establish reasonable conditions for the continuation of non-residential uses that pre-date City zoning and to allow other non-residential uses under strict guidelines and upon special review. There shall be four NC districts each corresponding to the unique settlement patterns therein. These districts permit and encourage minor infill development but generally all proposed new dwellings shall be single-family detached units
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
75% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cambridge, MD • 21613
Average low and high temperatures (°F)
40
27
44
31
61
42
70
51
74
59
86
67
89
73
81
67
78
64
69
53
59
44
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 815 Locust St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $165,000 and $335,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $165K to $335K.