Cambridge Homes under $400,000

Cambridge Homes under $400,000

Welcome to Cambridge, Maryland—a charming city nestled in the heart of Dorchester County, where history meets modern living. Known for its picturesque waterfront views and rich maritime heritage, Cambridge offers residents a unique blend of small-town charm and vibrant community spirit. With its historic downtown area, delightful shops, and a variety of dining options, it’s no wonder that Cambridge is a sought-after destination for homebuyers.

One of the most appealing aspects of this lovely city is the availability of homes under $400,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking a cozy retreat, Cambridge has something for everyone. You’ll find a diverse range of properties, from quaint bungalows to spacious family homes, all set against the backdrop of stunning natural beauty.

Imagine waking up to the serene sights and sounds of the Choptank River, or enjoying leisurely strolls along tree-lined streets filled with friendly neighbors. Living in Cambridge means embracing a lifestyle that values community, outdoor activities, and a slower pace of life.

With its affordable housing options, Cambridge is an ideal place to invest in your future. The local real estate market is thriving, and with homes priced under $400,000, you can find the perfect space to call your own without breaking the bank. Don’t miss your chance to be part of this vibrant community—explore the possibilities that Cambridge has to offer today!

Newest Cambridge Homes under $400,000

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 Friday, October 9th and ends Wednesday, October 14th, 2026 at 12:30PM.. 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
$225,000
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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