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Midland Duplex: Investment Opportunity
For Sale
$130,000

14818 BROADWAY Avenue SW, Midland, MD 21532

MULTI_FAMILY - Other - MIDLAND, MD

Property Size2,100 SF
Lot Size0.10 Acres
Price / SF$61.90
Days on Market113

Property Features for 14818 BROADWAY Avenue SW

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Appliances Stove, Refrigerator
Elementary school district ALLEGANY COUNTY PUBLIC SCHOOLS
Middle school district ALLEGANY COUNTY PUBLIC SCHOOLS
High school district ALLEGANY COUNTY PUBLIC SCHOOLS
Standard status Active
Size 2,100 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 621

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)

Building Details

Year built 1920
Number of units 2
Building materials Aluminum Siding
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Pamela A Terry · License #523439
Added: May 3 Changed: Jun 9 Last Checked: Aug 23 at 4:06PM
MLS# MDAL2014598

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex in Midland, Maryland, presents an investment opportunity with built-in income and room to grow. Each unit features 2 bedrooms and 1 full bath, along with an eat-in kitchen, a separate dining room, and a large living room. One unit is currently rented for $550 per month to a long-term tenant, who is responsible for their own electric. The second unit is currently being completely remodeled and has a projected rental income of $800 per month. The owner currently pays for water and gas, with water averaging approximately $100 per month and gas averaging approximately $200 per month. Additional features include an enclosed front porch, an enclosed rear porch, a rear and side yard, and easy access on and off the main road. The property is conveniently located close to I-68 east and west, food, shopping, restaurants, and everyday amenities. The property size is 2100 square feet and the lot size is 0.0975 acres.

Key Highlights

  • Duplex built in 1920 with two 2‑bedroom, 1‑bath units
  • Unit 1 currently rented for $550/month to a long‑term tenant (tenant pays electric)
  • Unit 2 being completely remodeled with projected rent of $800/month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop HVAC Service Accounting Firm

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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 21532, MD

13,328
Population
6,044
Households
2.2
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
74.1 sq mi
ZIP Area
180
Density / Sq Mi
$60,158
Median Household Income
$33,054
Median Earnings
$839
Median Rent
$175,600
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?
Duplex - Duplex with income potential in Midland, Maryland.
Where is this duplex located?
The property is located at 14818 BROADWAY Avenue SW Midland, MD.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Duplex built in 1920 with two 2‑bedroom, 1‑bath units; Unit 1 currently rented for $550/month to a long‑term tenant (tenant pays electric); Unit 2 being completely remodeled with projected rent of $800/month
More about this property
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