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Furnished Midtown Investment Opportunity

15 57TH St, Ocean City, MD 21842

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For Sale

$1,295,000

Four furnished units near Ocean City's nightlife and beach.

Type:Investment

HighLights

Four fully furnished, ready‑to‑rent units offer an immediate investment opportunity.
Ocean block location with a large open lot for parking, eliminating the need to cross Coastal Highway to access the beach (100 yards away).
Prime midtown location within walking distance of popular nightlife destinations.
Recent renovations include roof, HVAC, full interior of all units, and newer appliances.
Free parking and convenient commuting with bus stops located directly in front of the property.
Potential for both short‑term and long‑term rentals year‑round.

We can help!

Listing Contact

Zackary Keenan

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For Sale

$1,295,000

Four furnished units near Ocean City's nightlife and beach.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 54
Last Refresh:: Apr 24 at 4:24 pm

Property Features for 15 57TH St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1965

We can help!

Listing Contact

Zackary Keenan

Listing agent Zackary Keenan

Listing office Keller Williams Realty

Listing date Apr 24, 2026

Source Elliman

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 Keller Williams Realty

HighLights

Four fully furnished, ready‑to‑rent units offer an immediate investment opportunity.
Ocean block location with a large open lot for parking, eliminating the need to cross Coastal Highway to access the beach (100 yards away).
Prime midtown location within walking distance of popular nightlife destinations.
Recent renovations include roof, HVAC, full interior of all units, and newer appliances.
Free parking and convenient commuting with bus stops located directly in front of the property.
Potential for both short‑term and long‑term rentals year‑round.

Overview

This property presents an investment opportunity with four fully furnished units ready for rental. Situated in a midtown location, it is within walking distance of Ocean City's nightlife, including Fager's Island, Seacrets, Macky's, and Taphouse. The property is located in a highly demanded midtown corridor, ocean block, and includes a large open lot in the rear for parking. Commuting is facilitated by bus stops on Coastal Highway and free parking. All items, including the roof, HVAC, and full interiors of all units, have been renovated, and newer appliances have been installed within the last 5 years. Located 100 yards from the sandy beaches, the property allows for safe beach access without crossing Coastal Highway. The building can be utilized for both short-term and long-term rentals in both winter and summer. The current owners have chosen to rent only during the summer months. The bike score is 48, indicating it is somewhat bikeable, and the walk score is 42, indicating car-dependent.

Location Intelligence

Current Use by Public Records

The Blue Turtle Vacation Rental

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Location Insight

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Local Demand

City: Ocean City
County: Worcester
State: Maryland
Longitude: -75.0671217
Latitude: 38.3808009

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For sale
Quadplexes
MD
Ocean City
21842
15 57TH St

What type of property is this?

Quadplex - Four furnished units near Ocean City's nightlife and beach.

Where is this quadplex located?

The property is located at 15 57TH St Ocean City, MD.

What is the asking price?

The asking price for this property is $1,295,000.

What are key features of this property?

This property features: Four fully furnished, ready‑to‑rent units offer an immediate investment opportunity.; Ocean block location with a large open lot for parking, eliminating the need to cross Coastal Highway to access the beach (100 yards away).; Prime midtown location within walking distance of popular nightlife destinations.