Apartment Building

Ocean City, MD Apartment Buildings for Sale

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Berlin, MD Ocean Pines, MD Bishopville, MD Fenwick Island, DE Selbyville, DE Newark, MD Frankford, DE Whaleyville, MD
8 properties
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Updated Multifamily Property For Sale
Updated: Feb 9
Updated Multifamily Property For Sale

207 Saint Louis Avenue, Ocean City, MD 21842

$1,800,000
3,960 sqft
High Income Potential: Generates over $150,000 annually.
Multiple Rental Units: Featuring a main building with ten bedrooms and a rear building with two units.
On‑Site Laundry: Includes a dedicated laundry room.
Fully Rented: Units have been consistently rented each season.
Recent Updates: Newer flooring, kitchens, bathrooms, siding, and exterior updates.
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Ocean City Condo Near Beach
Updated: Aug 7, 2025
Ocean City Condo Near Beach

17 72ND ST #3 SEAWAY, Ocean City, MD 21842

$387,000
960 sqft
Prime midtown location: Steps from the beach, close to restaurants, shops, and entertainment.
Turnkey and updated: Featuring new LVP flooring, appliances, modern backsplash, and new sliding doors/windows.
First‑floor unit: Easy access with a private rear balcony stairwell.
Strong rental potential: Desirable location appeals to visitors.
Ample off‑street parking: Eliminates parking concerns.
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Renovated Apartment Buildings Near Boardwalk
Renovated Apartment Buildings Near Boardwalk

1308 PHILADELPHIA AVENUE, Ocean City, MD 21842

$2,790,000

Eight two-bedroom units accompany a larger building with dedicated office space.

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Renovated Multifamily Property Near Boardwalk
Renovated Multifamily Property Near Boardwalk

1308 Philadelphia Avenue, Unit AND 105 14TH STREET, Ocean City, MD 21842

$2,790,000

Eight 2-bedroom units plus a 4-bedroom complex near boardwalk.

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Oceanfront Condo with Panoramic Views
Oceanfront Condo with Panoramic Views

401 ATLANTIC Ave 506, Ocean City, MD 21842

$649,000

Top-floor, updated condo with ocean, beach, and bay views.

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Oceanside Condo with Waterviews
Oceanside Condo with Waterviews

18 41ST St 304, Ocean City, MD 21842

$550,000

Furnished 3-bedroom condo with waterviews, ready for occupancy.

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Oceanfront Condo with Rental Potential
Oceanfront Condo with Rental Potential

9400 COASTAL Hwy 301, Ocean City, MD 21842

$439,900

Two-bedroom, two-bathroom condo with ocean views and modern upgrades.

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Two-Building Multifamily Income
Two-Building Multifamily Income

Ocean City, MD 21842

Contact for pricing

Turn-key two-building multifamily with seven total units, including one five-bedroom and multiple two-bedroom layouts.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Ocean City, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Story Apartment Building with 21 Units
Two-Story Apartment Building with 21 Units

224 Phillip Morris Drive, Salisbury, MD 21804

$4,400,000
40,017 sqft

Two-story apartment building renovated in 2024 and zoned LBI, featuring 21 units and fully occupied living space.

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Six-Unit Apartment Building For Sale
Six-Unit Apartment Building For Sale

57 Sussex St, Rehoboth Beach, DE 19971

$1,800,000

Non-conforming commercial building with six apartments and potential commercial space.

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Oceanfront Condo with Rental History
Oceanfront Condo with Rental History

527 N BOARDWALK 202, Rehoboth Beach, DE 19971

$2,474,999

Three-bedroom condo with ocean views, amenities, and rental income.

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Multifamily Portfolio Near Salisbury University
Multifamily Portfolio Near Salisbury University

100 Cedar Crossing Rd, Salisbury, MD 21804

Contact for pricing

58 units, 228 bedrooms near Salisbury University campus.

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Off-Market Properties in Ocean City, MD

Consider similar Off-Market properties in Ocean City, 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.

302 2nd St
APARTMENT HOUSE (5+ UNITS)

302 2nd St, Ocean City, MD 21842-4013

Value Estimation by Request
14,640 sqft 0.16 AC lot
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Ocean City, MD Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Ocean City, MD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 4,920 square feet of properties for sale, with an estimated market value of $9,405,900.

Sale prices for two-family homes in Ocean City, MD start at $387,000, averaging $1,343,700, and reaching up to $2,790,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

High-rise multifamily apartments 1

Demographics Overview

Population 11K
Population Growth (5Y) +4.2%
Median Household Income $75,372
College Educated 27.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21842 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $5.96 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

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