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Renovated Multifamily Property Near Boardwalk
For Sale
$1,999,900

1701 N Baltimore Avenue, Ocean City, MD 21842

Four renovated units near the ocean and Ocean City attractions.

Property Size4,842 SF
Price / SF$413.03
Days on Market636

Property Features for 1701 N Baltimore Avenue

General Information

Standard status Active
Size 4,842 SF
Property subtype Multi-family
Lease Term []

Building Details

Year Built 1965
Listing Agency: Coastal Life Realty Group LLC
Listed By: Kevin E Decker · License #532548
Source: Deepcreeklake
Added: Jan 31, 2025 Changed: Oct 28 Last Checked: Oct 28 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Life Realty Group LLC

Rey
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Investment Insights

Based on property information with market context.

This multifamily property is located steps from the ocean, boardwalk, restaurants, and attractions of Ocean City. The property features four fully renovated units with a coastal-inspired design. There are three spacious 3-bedroom units and one 1-bedroom unit. New appliances have been installed throughout. Additional features include a garage, an outdoor shower, and a shared back patio.

Key Highlights

  • Prime Downtown Ocean City location, steps from the ocean, boardwalk, restaurants, and attractions.
  • Four fully renovated units with a fresh, coastal‑inspired design.
  • Turnkey rental property with new appliances throughout.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four renovated units near the ocean and Ocean City attractions.
Where is this quadplex located?
The property is located at 1701 N Baltimore Avenue Ocean City, MD.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Prime Downtown Ocean City location, steps from the ocean, boardwalk, restaurants, and attractions.; Four fully renovated units with a fresh, coastal‑inspired design.; Turnkey rental property with new appliances throughout.
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