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One-Bedroom Residential Income Condo
For Sale
$172,000

13 40TH STREET #7 OCEAN, Ocean City, MD 21842

Condominium with central A/C, electric baseboard heat, and a full kitchen appliance package.

Property SizeContact for details
Days on Market113

Property Features for 13 40TH STREET #7 OCEAN

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Amenities

Hot Water & Baseboard - Electric
Central A/C
Built-In Microwave
Dishwasher
Oven/Range - Gas
Refrigerator

Building Details

Year Built 1959
Listing Agency: KW Commercial Ocean City
Listed By: Bret Davis · License #645420
Source: Kw
Added: May 7 Changed: Aug 25 Last Checked: Aug 26 at 3:31PM

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 KW Commercial Ocean City

Investment Insights

Based on property information with market context.

This residential income property is a one-bedroom, one-bath condominium built in 1959. Interior features include central A/C, electric baseboard heat, a built-in microwave, dishwasher, gas oven/range, and refrigerator.

The condo is located at 13 40th Street in Ocean City, Maryland, within a short walk of the Ocean City Convention Center and the beach. The property is also close to the area’s main entertainment attractions.

Key Highlights

  • One‑bedroom, one‑bath condominium
  • Central A/C and electric baseboard heat
  • Kitchen includes microwave, dishwasher, gas oven/range, and refrigerator

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Nail Salon Computer & Electronic Repair

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

368
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium with central A/C, electric baseboard heat, and a full kitchen appliance package.
Where is this residential income property located?
The property is located at 13 40TH STREET #7 OCEAN Ocean City, MD.
What is the asking price?
The asking price for this property is $172,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium; Central A/C and electric baseboard heat; Kitchen includes microwave, dishwasher, gas oven/range, and refrigerator
More about this property
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