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Salisbury, MD Apartment Buildings for Sale

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Student Housing Portfolio For Sale
Updated: Dec 3, 2025
Student Housing Portfolio For Sale

101 CEDAR Crossing, Salisbury, MD 21804

$11,950,000
0.08 AC lot
Prime location within walking distance to Salisbury University campus and across the street from the football stadium and sports fields.
Attractive assumable debt is available.
Portfolio of 58 units with a total of 228 bedrooms.
All units include washers and dryers.
Built new in 1999.
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Two-Story Apartment Building with 21 Units
Updated: Apr 13, 2025
Two-Story Apartment Building with 21 Units

224 Phillip Morris Drive, Salisbury, MD 21804

$4,400,000
40,017 sqft
40,017 SF two‑story apartment building with 21 units
Renovated in 2024; currently fully occupied
Zoned LBI and includes +/- 3 acres of unimproved land
Approximately half the roofs redone in the last 18 months
Most HVAC systems replaced in the last two years
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Historic 9-Unit Apartment Building
Historic 9-Unit Apartment Building

507 CAMDEN Ave, Salisbury, MD 21801

$899,000

Historic 9-unit apartment building in Salisbury, Maryland's vibrant center.

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Historic 9-Unit Apartment Building
Historic 9-Unit Apartment Building

507 Camden Avenue, Salisbury, MD 21801

$870,000

Historic 9-unit building with three two-bedroom and six one-bedroom homes, each with kitchen, full bath, and separate utilities.

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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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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 5 Active listings in Salisbury, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 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.

Princess Anne Multifamily Investment
Princess Anne Multifamily Investment

11761 SOMERSET Ave, Princess Anne, MD 21853

$1,175,000
14,182 sqft

17-unit property near University of Maryland campus.

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Updated Multifamily Property For Sale
Updated Multifamily Property For Sale

207 SAINT LOUIS Ave, Ocean City, MD 21842

$1,800,000

Updated multifamily property with income potential in Ocean City, MD.

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36-Unit Apartment Building
36-Unit Apartment Building

11367 Greenwood School Road, Princess Anne, MD 21853

Contact for pricing
2.30 AC lot

Class C/D multifamily complex on about 2.3 acres with public water and sewer and tenants in place.

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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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Off-Market Properties in Salisbury, MD

Consider similar Off-Market properties in Salisbury, 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.

105 Winterborn Ln
APARTMENT HOUSE (5+ UNITS)

105 Winterborn Ln, Salisbury, MD 21804-2037

$5,495,000
Estimated value
6,223 sqft 15.20 AC lot
View details
1007 Lk St
APARTMENT HOUSE (5+ UNITS)

1007 Lk St, Salisbury, MD 21801-3257

$710,000
Estimated value
29,170 sqft 2.79 AC lot
View details
1013 Riverhouse Dr
APARTMENT HOUSE (5+ UNITS)

1013 Riverhouse Dr, Salisbury, MD 21801-2552

$775,000
Estimated value
5,536 sqft 4.45 AC lot
View details
130 Ocean Aisle Cir
APARTMENT HOUSE (100+ UNITS)

130 Ocean Aisle Cir, Salisbury, MD 21804-2016

Value Estimation by Request
15,180 sqft 15.20 AC lot
View details
1004 Ee Rd
APARTMENT HOUSE (5+ UNITS)

1004 Ee Rd, Salisbury, MD 21801-3164

$450,000
Estimated value
6,624 sqft 6.44 AC lot
View details
1022 Riverhouse Dr
APARTMENT HOUSE (5+ UNITS)

1022 Riverhouse Dr, Salisbury, MD 21801-2541

$425,000
Estimated value
5,536 sqft 3.53 AC lot
View details
1009 Riverhouse Dr
APARTMENT HOUSE (5+ UNITS)

1009 Riverhouse Dr, Salisbury, MD 21801-2536

$675,000
Estimated value
8,304 sqft 6.40 AC lot
View details
1117 Parsons Rd
APARTMENT HOUSE (5+ UNITS)

1117 Parsons Rd, Salisbury, MD 21801-7400

$595,000
Estimated value
7,076 sqft 6.80 AC lot
View details
216 Milford St
APARTMENT HOUSE (5+ UNITS)

216 Milford St, Salisbury, MD 21804-6917

Value Estimation by Request
38,424 sqft 4.92 AC lot
View details
1002 Riverhouse Dr
APARTMENT HOUSE (5+ UNITS)

1002 Riverhouse Dr, Salisbury, MD 21801-2488

$545,000
Estimated value
5,536 sqft 6.04 AC lot
View details
230 Lakewood Dr
Multifamily properties

230 Lakewood Dr, Salisbury, MD 21804

Value Estimation by Request
2,688 sqft 0.34 AC lot
View details
304 Glen Ave
Multifamily properties

304 Glen Ave, Salisbury, MD 21804

Value Estimation by Request
40,981 sqft 4.54 AC lot
View details
27722 Nanticoke Rd
APARTMENT HOUSE (5+ UNITS)

27722 Nanticoke Rd, Salisbury, MD 21801-1608

$560,000
Estimated value
1,804 sqft 99.10 AC lot
View details
1302 Jersey Rd
APARTMENT HOUSE (5+ UNITS)

1302 Jersey Rd, Salisbury, MD 21801-1199

$380,000
Estimated value
6,000 sqft 8.34 AC lot
View details
901 Booth St
APARTMENT HOUSE (5+ UNITS)

901 Booth St, Salisbury, MD 21801-3048

$975,000
Estimated value
8,624 sqft 5.38 AC lot
View details
911 Booth St
APARTMENT HOUSE (5+ UNITS)

911 Booth St, Salisbury, MD 21801-3005

$525,000
Estimated value
8,624 sqft 5.38 AC lot
View details

Salisbury, MD Apartment Buildings Market Trends and Statistics

Explore 21 apartment buildings for sale in Salisbury, MD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 40,017 square feet of properties for sale, with an estimated market value of $18,119,000.

Sale prices for two-family homes in Salisbury, MD start at $870,000, averaging $4,529,750, and reaching up to $11,950,000 — 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 70K
Population Growth (5Y) -1.1%
Median Household Income $68,129
College Educated 21.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21801 $884.5K
21804 $5.7M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $15.38 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wicomico County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salisbury fall within the 100,000+ square foot range.

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