Historic 9-Unit Apartment
For Sale
$899,000
507 CAMDEN Ave, Salisbury, MD 21801
Historic 9-unit apartment building in Salisbury, Maryland's vibrant center.
Days on Market99
Property Features for 507 CAMDEN Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1890
Listing Agency:
(410) 430-7989
Listed By:
Austin H Cox Jr.
(410) 430-7989
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 8:24AM
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 Austin H Cox Jr.
Investment Insights
Based on property information with market context.
This historic 9-unit apartment building is located in the heart of Salisbury, Maryland. The property offers a blend of character and modern convenience. Its downtown location is a short five-minute walk from Tidal Health Hospital and Salisbury’s downtown district, which features local shops, restaurants, cafés, and everyday amenities. The property attracts a steady tenant base, including medical professionals, students, and individuals who value an urban lifestyle. The building features three two-bedroom apartments and six one-bedroom units. Each apartment includes its own kitchen and full bathroom. All units are equipped with separately metered electric service and individual gas-fired hot water boilers. The location has a walk score of 79, making it very walkable, and a bike score of 52, making it bikeable. The transit score is 24, indicating minimal transit options.
Key Highlights
- Prime downtown location in Salisbury, Maryland with a high walkability score of 79.
- Strong rental appeal to medical professionals, students, and those seeking an urban lifestyle.
- Nine units comprised of three 2‑bedroom and six 1‑bedroom apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 21801, MD
31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic 9-unit apartment building in Salisbury, Maryland's vibrant center.
Where is this apartment building located?
The property is located at 507 CAMDEN Ave Salisbury, MD.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime downtown location in Salisbury, Maryland with a high walkability score of 79.; Strong rental appeal to medical professionals, students, and those seeking an urban lifestyle.; Nine units comprised of three 2‑bedroom and six 1‑bedroom apartments.
