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Renovated Multifamily Property Near Boardwalk
For Sale
$2,250,000
Pending

1701 N BALTIMORE Ave, Ocean City, MD 21842

Four renovated units near the ocean and Ocean City attractions.

Lot Size0.13 Acres
Days on Market142

Property Features for 1701 N BALTIMORE Ave

General Information

Standard status Pending
Lot size 0.13 Acres
Property subtype Investment

Building Details

Year Built 1965
Listing Agency: Coastal Life Realty Group LLC
Listed By: Kevin E Decker · License #532548
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Jul 30 at 12:08PM

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

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

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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 Ave Ocean City, MD.
What is the asking price?
The asking price for this property is $2,250,000.
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.
More about this property
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