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Bayfront Residential Income Property
New
For Sale
$475,000

181 JAMESTOWN RD #4, Ocean City, MD 21842

OCEAN CITY, MD

Property SizeContact for details
Days on Market6

Property Features for 181 JAMESTOWN RD #4

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision WATERGATE
Elementary school OCEAN CITY
Middle school STEPHEN DECATUR
High school STEPHEN DECATUR
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

private boat slip
covered bayfront porch

Building Details

Year built 1973
Listing Agency: Northrop - Bethany
Listed By: Phillip W Knight · License #rs0025919
Added: Sep 3 Changed: Sep 4 Last Checked: Sep 8 at 11:06AM
MLS# MDWO2040664

Copyright © 2026 Long & Foster Real Estate. 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 updated condominium at 181 Jamestown Road #4 offers two bedrooms, two bathrooms, and direct bayfront positioning with a private boat slip. Separate owner and rear bayfront entrances provide convenient access, while the covered porch extends the living space toward the water. The residence is offered furnished, subject to minor exclusions.

Interior improvements include luxury vinyl plank flooring, crown molding, plantation shutters, a barn door, pellet stove, and refreshed kitchen and bath finishes. The kitchen includes quartz countertops, white cabinetry with under-cabinet lighting, a backsplash, and stainless-steel appliances, with an adjoining dining area. Built in 1973, the property is near Ocean City's beach, dining, shopping, and entertainment. The bayfront setting also provides access to boating and water-oriented recreation.

Key Highlights

  • Two‑bedroom, two‑bath bayfront condominium at 181 Jamestown Road #4
  • Private boat slip with direct access to the bay
  • Covered bayfront porch with panoramic water views

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Hair Salon Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

479
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 - Updated waterfront condominium with a private boat slip and covered porch overlooking the bay.
Where is this residential income property located?
The property is located at 181 JAMESTOWN RD #4 Ocean City, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath bayfront condominium at 181 Jamestown Road #4; Private boat slip with direct access to the bay; Covered bayfront porch with panoramic water views
More about this property
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