Furnished Multifamily Investment
15 57TH Street, Ocean City, MD 21842
MULTI_FAMILY - Other - OCEAN CITY, MD
Property size:
2,560 SFLot size:
0.14 AcresPrice / SF:
$501/SF- Added:
- Dec 1, 2025
- Days on Market:
- 163
- Last Refresh:
- May 13 at 4:06 am
Property Features for 15 57TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- Size
- 2,560 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10376
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1965
- Number of units
- 4
- Building materials
- Advanced Framing
- Architectural style
- Other
Listing agent Zackary Keenan (443) 880-3416
Listing office Keller Williams Realty 31252 Americana Parkway, Rehoboth Beach, MD (302) 360-0300
Listing date Dec 1, 2025
MLS# MDWO2035116
Listing URL
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HighLights
- Four fully furnished, ready‑to‑rent units provide an immediate investment opportunity.
- Ocean block location with a large open lot for parking and no Coastal Highway crossing to reach 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 bus stops directly in front of the property offer convenient commuting.
- Potential for both short‑term and long‑term rentals in summer and winter.
Overview
This multifamily property presents an investment opportunity with four fully furnished units ready for rental. Situated in a mid-town location, it is within walking distance of Ocean City's nightlife, including Fager's Island, Seacrets, Macky's, and Taphouse. The property is located ocean block with a large open lot in the rear for parking. Commuting is facilitated by bus stops on Coastal Highway and free parking. Renovations have been completed within the last 5 years, including the roof, HVAC, full interiors of all units, and newer appliances. Located 100 yards from the beach, the property eliminates the need to cross Coastal Highway to access the beach. The property, totaling 2560 square feet on a 0.1377-acre lot, is suitable for both short-term and long-term rentals in winter and summer. The current owners have chosen to rent only in the summer. The property is located at 15 57TH Street, OCEAN CITY, MD 21842.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Blue Turtle
Vacation Rental
Location Insight
- Map
- Local Demand
- City
- Ocean City
- County
- Worcester
- State
- Maryland
- Longitude
- -75.06714
- Latitude
- 38.38072
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four fully furnished units near Ocean City's nightlife and beaches.
Where is this quadplex located?
The property is located at 15 57TH Street Ocean City, MD.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Four fully furnished, ready‑to‑rent units provide an immediate investment opportunity.; Ocean block location with a large open lot for parking and no Coastal Highway crossing to reach the beach (100 yards away).; Prime midtown location within walking distance of popular nightlife destinations.
