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    Chesapeake Beach Multifamily Investment
    Updated: Jul 15, 2024
    Chesapeake Beach Multifamily Investment

    3860 Gordon Stinnett Ave, Chesapeake Beach, MD 20732

    $2,500,000
    1,077 sqft 0.59 AC lot
    16 Fully Occupied Residential Properties
    Located in Chesapeake Beach near water park, boardwalk, and fishing pier
    Attractive Mix of 8 Two‑Bedroom and 8 Three‑Bedroom Units
    Units are 100% Electric (tenant paid)
    Built in 2001
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Chesapeake Beach, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 36-Unit Multifamily Property
    Renovated 36-Unit Multifamily Property

    5010 Southern Ave SE, Washington, DC 20019

    $2,800,000
    0.73 AC lot

    Three residential buildings offer renovated two-bedroom, one-bath units on a 0.73-acre parcel with individually metered electricity.

    View details
    196-Unit Multifamily Community in Maryland
    196-Unit Multifamily Community in Maryland

    1201 Benning Rd, Capitol Heights, MD 20743

    Contact for pricing
    231,800 sqft

    Recently renovated 196-unit multifamily community near Washington, DC.

    View details
    Semi-Detached Apartment Building
    Semi-Detached Apartment Building

    4639 HILLSIDE Rd SE, Washington, DC 20019

    $249,900

    Previously configured as a five-unit property and currently has no tenants in place.

    View details
    Renovated 5-Unit Apartment Building
    Renovated 5-Unit Apartment Building

    4649 Hillside Rd SE, Washington, DC 20019

    Contact for pricing

    Recently renovated 5-unit apartment building with stainless steel kitchen appliances and in-building laundry.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Off-Market Properties in Chesapeake Beach, MD

    Consider similar Off-Market properties in Chesapeake Beach, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3925 Gordon Stinnett Ave
    APARTMENT HOUSE (5+ UNITS)

    3925 Gordon Stinnett Ave, Chesapeake Beach, MD 20732-3036

    Value Estimation by Request
    12,360 sqft 1.87 AC lot
    View details
    3945 Gordon Stinnett Ave
    APARTMENT HOUSE (5+ UNITS)

    3945 Gordon Stinnett Ave, Chesapeake Beach, MD 20732-3027

    $725,000
    Estimated value
    12,360 sqft 1.77 AC lot
    View details

    Chesapeake Beach, MD Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Chesapeake Beach, MD on our real estate platform. These investment opportunities span a total of 1,077 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for two-family homes in Chesapeake Beach, MD average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +13.2%
    Median Household Income $135,925
    College Educated 61.7%

    High-Yield Neighborhoods for Investment

    Identify Chesapeake Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    20732 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.99%
    Property Tax per SF $8.64 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Calvert County

    New Delisted

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