Cambridge Homes under $400,000

Cambridge Homes under $400,000

Welcome to Cambridge, Maryland—a charming city nestled along the picturesque shores of the Choptank River. Known for its rich history, vibrant arts scene, and stunning waterfront views, Cambridge offers a unique blend of small-town charm and modern convenience. This delightful community is perfect for families, retirees, and anyone seeking a peaceful yet engaging lifestyle.

One of the most appealing aspects of Cambridge is the diversity of homes available, particularly for those looking for affordable options. In this thriving subdivision, you’ll find a variety of beautiful homes priced under $400,000. Whether you’re in the market for a cozy bungalow, a spacious family home, or a quaint townhouse, Cambridge has something to suit every taste and budget.

Imagine waking up in a charming neighborhood, with tree-lined streets and friendly neighbors just a stone’s throw away. With numerous parks, recreational facilities, and waterfront access, outdoor enthusiasts will appreciate the abundance of activities available right at their doorstep. From kayaking on the Choptank River to exploring the scenic trails of nearby Blackwater National Wildlife Refuge, adventure awaits you in every corner of this delightful city.

Additionally, Cambridge boasts a rich cultural heritage, with historic sites, local galleries, and a thriving dining scene that showcases the best of Maryland’s culinary delights. With its affordable housing options and welcoming community, Cambridge is not just a place to live—it's a place to call home. Come discover the charm of Cambridge, where your dream home awaits!

Newest Cambridge Homes under $400,000

729 Washington St, Cambridge
$70,000
2 Beds ⋅ 1 Baths
Investor opportunity in Cambridge! This 2-bedroom, 1-bath Colonial was built in 1925 and has 840 sq ft above grade on a 1,753 sq ft lot. Recent updates include new carpet and a new heater. No basement. The home is vacant and easy to see, ready for the next owner to renovate, reposition, and set new rents. Nearby Washington St sales have ranged from $80,000 to $114,000 between November 2025 and March 2026. A comparable rental on High St leased for $1,700/month in December 2025, which works out to about $20,400 in potential gross annual rent before expenses. A strong fit for buy-and-hold, BRRRR, or renovate-and-resell. Sold strictly as-is. Buyer to verify all information, including square footage, condition, comparable sales, and rental potential. Value and rent estimates are not guaranteed.

729 Washington St, Cambridge

Listing courtesy of LPT Realty, LLC. Contact:

221 Hayward St, Cambridge
$230,000
2 Beds ⋅ 2 Baths
Welcome to this beautifully renovated 2-bedroom, 1.5-bathroom home, perfectly situated in the heart of Cambridge, MD! Featuring an open floor plan with a modern kitchen boasting quartz countertops and stainless steel appliances, this home is designed for both comfort and style. Enjoy water views of Cambridge Harbor and easy access to the water—perfect for launching a kayak or paddleboard. Located next to the sought-after Deep Harbor community, this home offers the charm of waterfront living without HOA fees or extra maintenance. Take advantage of a walkable lifestyle, just steps from downtown restaurants, shops, and entertainment. Whether you're looking for a weekend retreat or a full-time residence, this home provides low-maintenance, affordable coastal living in a prime location.

221 Hayward St, Cambridge

Listing courtesy of Benson & Mangold, LLC. Contact:

214 Rambler Rd, Cambridge
$249,000
2 Beds ⋅ 1 Baths
Charming and beautifully maintained 1940s bungalow offering the perfect blend of classic character and modern convenience! This inviting home features two spacious bedrooms, a full bath, a comfortable family room, and an updated kitchen with upgraded countertops and stainless steel appliances. Enjoy outdoor living on the patio beneath a charming arbor, with a spacious backyard perfect for relaxing or entertaining. An additional outbuilding provides extra storage or workshop space. Conveniently located near local shops, dining, and amenities, this delightful home is move-in ready and full of charm! An attic adds additional storage perfect for keeping your living areas clutter-free or a blank canvas for additional living space.

214 Rambler Rd, Cambridge

Listing courtesy of Coldwell Banker Chesapeake Real Estate Company. Contact:

300 S Regulator Dr, Cambridge
$399,990
4 Beds ⋅ 3 Baths
Waterfront Community - Updated 4BR/3BA home with Craftsman charm on a corner lot in Longboat Estates - a lovely, established neighborhood of attractive homes and amenities including a community pool, pier, and boatramp on Jenkins Creek which opens to the Choptank River and out to the Chesapeake Bay. Welcoming front porch leads into this gorgeous home - great floorplan - boasting nearly 3000sf of well-designed living space, full of architectural detail and quality finishes - handsome, real hardwood floors, crown- and chair-rail moldings, Corian counters, custom tile. Flexibility is the spice of life, and this home offers plenty! Enjoy a holiday meal in the formal dining room, or linger over your weekend coffee and a crossword at the kitchen breakfast bar. The large breakfast room off the kitchen would also make a great sitting room - full of sunlight and views of the yard, sliders to the rear porch. Family room off the kitchen is warm with hardwood floors and a gas fireplace. The first floor primary bedroom is your restful retreat - walk-in closet, luxe, en-suite bath - roomy tile shower w/bench, two generously-sized vanities. A second bedroom, and 2nd full bath with a tile-surround tub/shower combo - perfect for guests who prefer the ease of 1-story living. Large laundry room with extra cabinetry completes the first floor. Upstairs, the expansive 3rd bedroom features its own walk-in closet; the 4th bedroom also offers a deep closet. The 3rd full bath is equipped with a wide vanity, and a tub/shower combo, and a utility / storage room finishes the home's interior. Outdoor living is a dream here, too - choose to laze on your front or rear porch, soak in the autumn breezes while strolling the community. Fish or boat on Jenkins Creek, and in the warmer months enjoy a dip in the community pool. Close to Downtown Cambridge - 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. Vacation in town with a variety of day passes available at the nearby Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina - pools and spas, cabana passes, private guest rooms, birthday party packages, multiple restaurants. Don't miss this unique opportunity to live the good life on the Eastern Shore! Sizes, taxes, distances approximate. Owner is a licensed realtor; agent has financial interest.

300 S Regulator Dr, Cambridge

Listing courtesy of EXP Realty, LLC. Contact:

817 Washington St, Cambridge
$245,000
3 Beds ⋅ 2 Baths
Experience the epitome of luxury living in this beautifully renovated ranch-style home, set to impress with its stunning transformation that was completed this year. This residence boasts a perfect blend of modern elegance and timeless comfort. Step inside to discover a spacious layout that seamlessly integrates high-end finishes and thoughtful design. The heart of the home features an open-concept living area, ideal for both relaxation and entertaining. The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances and exquisite cabinetry, ensuring every culinary endeavor is a delight. With three generously sized bedrooms and two luxurious bathrooms, this home offers ample space for personal retreat. Each bathroom has been meticulously designed, providing a serene escape after a long day. The exterior showcases durable aluminum siding, enhancing the home's curb appeal while ensuring low maintenance. Th lot provides a private outdoor space, perfect for gatherings or quiet evenings under the stars. Parking is a breeze with convenient driveway and street options. This property is not just a home; it's a lifestyle. Enjoy the tranquility of Cambridge living while being just moments away from vibrant local amenities. Embrace the luxury and comfort that this exquisite residence offers, where every detail has been crafted for your enjoyment.

817 Washington St, Cambridge

Listing courtesy of The Property Shoppe, LLC. Contact:

603 Bethel St, Cambridge
$30,000
2 Beds ⋅ 1 Baths
List price to be opening bid at online only auction. Online Auction Only! Bidding begins Saturday, October 31st and ends Thursday, November 5, 2026 at 1:00PM. Welcome to Cambridge, Maryland "The Soul of the Shore". Located on the Choptank River, Cambridge is the Eastern Shore's fourth most populous city.  Enjoy year round events such as The Flower Fair, Powerboat Regatta, The Taste of Cambridge, Heritage Skipjack Race and The Santa Swim. Shop at the Farmer's Market or many of the local shops Downtown.  Watch the boats go by from the Cambridge Municipal Yacht Basin or enjoy fine dining.  Property is located just a few blocks to Downtown Cambridge. The neighborhood has had significant investment in the last year which includes approximately 10 new construction homes and new food anchored retail.  Many homes have been rehabbed recently as well. Property is a 2 bedroom, 1 bath. Recent Updates: Fresh Paint Flooring Throughout Front & Rear Door Electric Water Heater Most Lights Replaced 100 Amp Breaker Panel Current gross monthly rent: $800 Current gross annual scheduled rent: $9,600 Tenant pays all utilities, including water. Heat is provided by electric baseboard. *Interior photos provided by the seller

603 Bethel St, Cambridge

Listing courtesy of Alex Cooper Auctioneers, Inc.. Contact:

313 Washington St, Cambridge
$185,500
5 Beds ⋅ 2 Baths
Unlock the potential of this duplex located in downtown Cambridge! Whether you're looking to expand your investment portfolio or generate rental income, this property offers plenty of opportunity. The first unit features 3 bedrooms and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, providing flexibility for long-term tenants, owner-occupants, or future rental income. The second unit is vacant - potential to live in one unit and rent the other. Conveniently located just minutes from restaurants, waterfront, parks, and all that downtown Cambridge has to offer, this property is an excellent opportunity for buyers looking to build equity and add value through improvements. Bring your vision to life and capitalize on the potential this downtown duplex has to offer! Property is being sold strictly as-is.

313 Washington St, Cambridge

Listing courtesy of Chesapeake Real Estate Associates, LLC. Contact:

425 Henry St, Cambridge
$210,000
2 Beds ⋅ 1 Baths
Beautifully renovated and move-in ready, this charming 2-bedroom, 1-bath home offers the perfect blend of modern updates and everyday convenience. The thoughtfully refreshed interior features a bright living room, separate dining room, an updated kitchen with new appliances and granite tops, a utility room with full sized washer & dryer, and all-new flooring on the first floor with new carpet and refinished hardwoods on second floor, creating a fresh and inviting atmosphere. All appliances sourced from R. Brooks & Son in Cambridge, MD. Outside, you'll find a new roof on the home, detached storage garage with new roof, convenient alley access and off-street parking on a private driveway. Ideally located just minutes from historic downtown Cambridge, you'll enjoy easy access to local restaurants, shops, parks, marinas, and waterfront attractions. Close proximity to planned waterfront development known as Sailwinds. Schedule your appointment ASAP, as this one won't last long.

425 Henry St, Cambridge

Listing courtesy of Benson & Mangold, LLC. Contact:

415 Maryland Ave, Cambridge
$324,950
4 Beds ⋅ 2 Baths
Step through the front door and be instantly transported to a bygone era. This beautifully maintained, turnkey 1895 home welcomes you with a grand two-story staircase, timeless architectural details, and the warmth of a residence that has been cherished for generations. The main level offers an inviting and effortless flow. From the elegant entry hall, you’ll move seamlessly into the comfortable living room, formal dining room, and spacious family room. Newly painted hardwood floors, abundant natural light, and oversized windows create a bright, welcoming atmosphere throughout. The charming kitchen blends historic character with modern convenience, featuring brand-new appliances and direct access to a full bathroom with newly added flooring and separate laundry room with back door exit to the yard. This renovated home boasts a new roof, new HVAC, furnace, condenser and air supply duct work. Ascend the stunning staircase to the second floor, where you’ll find three inviting bedrooms and a full bath with charming ball and claw tub. The third floor offers a private fourth bedroom—ideal as a guest suite, home office, artist’s studio, or peaceful retreat. Throughout the home, original features showcase the craftsmanship of a bygone era, including stained-glass accents, original fireplace mantels, hardwood flooring, and thoughtfully preserved architectural details rarely found in today’s homes. Outside, the fenced backyard is both functional and versatile, offering off-street parking, a detached climate-controlled garage, and an additional storage shed for tools, hobbies, or gardening equipment. Perfectly situated just a short stroll across Cambridge’s iconic drawbridge, this home places you moments from downtown’s charming shops, restaurants, churches, banks, and post office. Commuters and travelers alike will appreciate the convenient access to Easton, Salisbury, Maryland’s Eastern Shore and Delaware beaches, Annapolis, BWI Airport, and Washington, D.C. More than just a house, this is a rare opportunity to own a piece of history—a place where timeless character, modern comfort, and future memories come together. This home is ready for the next family story.

415 Maryland Ave, Cambridge

Listing courtesy of Benson & Mangold, LLC. Contact:

408 Bayly Ave, Cambridge
$249,000
2 Beds ⋅ 1 Baths
Welcome to 408 Bayly Avenue! This is an absolutely charming cottage sited on a magnificent lot. The living spaces are generously sized, lovely and full of great natural light. The 2 bedrooms are separated by a hall bath. Beautiful hardwood floors have been run throughout the entire house. The Dining Room is located just off the kitchen and features a large window that captures the backyard vistas. The kitchen is large, well laid out and enhanced with sparkling appliances. The laundry is conveniently located off the kitchen with direct access to the incredible back yard. There is a wonderful front porch for watching the world pass by if one is so inclined. There is also an awesome covered porch in the back, overlooking a beautiful tranquil park-like setting. There is a plethora of places throughout the house and the yard that offer great choices for entertaining, seclusion, reading or working. Parking for 2-3 cars is easily accommodated in the driveway to the left of the house. Bayly Avenue is a well-loved quiet family street located just blocks from the bustling downtown and the magnificent harbour.

408 Bayly Ave, Cambridge

Listing courtesy of Compass. Contact:

603 Academy St, Cambridge
$199,900
3 Beds ⋅ 3 Baths
Welcome home to 603 Academy St, a charming 3 Bed, 2.5 Bath home in downtown Cambridge, just blocks from the Choptank River. A spectacular, fully-renovated property that blends everything new with the peace of mind that comes with a top-to-bottom 2025 renovations. Key Home Features & Upgrades: Brand New Systems (2025): Enjoy maximum efficiency and safety with a new roof, new mini split heat and air conditioning systems, new electrical wiring, and new plumbing. Modern Interior: The home boasts all-new LVP flooring throughout and a beautifully renovated kitchen equipped with brand new appliances. The bathrooms have also been fully updated with modern fixtures and finishes. Spacious and Bright with a functional floor plan, ample living space, and charming details. Discover the Cambridge Lifestyle: Cambridge, MD, offers a unique blend of small-town hospitality, rich history, and stunning natural beauty. This historic seaport community is a haven for outdoor enthusiasts, with easy access to the Choptank River and Chesapeake Bay for boating, fishing, and kayaking. Enjoy the local culture in the revitalized downtown area, featuring boutique shops, art galleries, and diverse local cuisine. Year-round community events and festivals like the Taste of Cambridge and the Cambridge Classic Powerboat Regatta. Proximity to the Blackwater National Wildlife Refuge, offering extensive trails for hiking and biking amidst diverse wildlife. This move-in-ready home offers an exceptional opportunity to own a piece of this desirable and growing Eastern Shore town.

603 Academy St, Cambridge

Listing courtesy of TTR Sotheby's International Realty. Contact:

802 Allen St, Cambridge
$240,000
2 Beds ⋅ 2 Baths

802 Allen St, Cambridge

Listing courtesy of Marius Realtors, Inc.. Contact:

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