Updated Quadplex with Adjacent Buildable
For Sale
$1,329,900
205 10TH Street, Ocean City, MD 21842
Multi-Family, OCEAN CITY, MD
Property Size2,744 SF
Lot Size0.31 Acres
Price / SF$484.66
Days on Market394
Property Features for 205 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Dining Room
Parking features
On Street, Parking Lot, Fenced
Interior features
Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
Appliances
Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, WaterHeater
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
Size
2,744 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
6743
Utilities
Heating system
Baseboard, Electric (Heating), Other (Heating)
Cooling system
Ceiling Fan(s), Ductless, Window Unit(s)
Building Details
Year built
1950
Number of units
4
Building materials
Frame
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 208-3500
Listed By:
Spike Sands · License #637504
(443) 235-0489
Added: Aug 1, 2025
Changed: Aug 24
Last Checked: Aug 29 at 2:06PM
MLS# MDWO2032146
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 offering includes two parcels and a fully updated 2,744-square-foot, four-unit property. The building provides two three-bedroom, two-bath units, a one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit features its own porch, and the units are described as furnished with updated appliances. A shared, coin-operated laundry facility is available on-site. Renovations include a new roof, new front facade, and three levels of decks, along with new vinyl rails and steps. Interior upgrades are also noted, and the record includes an update dated 1/21/26 indicating a new kitchen is being installed in Unit 5.
The property is located at 205 10th Street in Ocean City, Maryland, and the adjacent buildable lot is part of the package. The remarks state the location is two blocks from the beach, the boardwalk, and the core of the Ocean City entertainment district.
For tenants, the mix of three-bedroom, one-bedroom, and efficiency layouts supports a range of household needs, and the inclusion of porches and an on-site coin laundry can improve day-to-day convenience. For buyers and operators, the combination of an updated quadplex and an included buildable lot provides an opportunity to acquire income-producing units while also planning for potential additional development on the second parcel.
The property is located at 205 10th Street in Ocean City, Maryland, and the adjacent buildable lot is part of the package. The remarks state the location is two blocks from the beach, the boardwalk, and the core of the Ocean City entertainment district.
For tenants, the mix of three-bedroom, one-bedroom, and efficiency layouts supports a range of household needs, and the inclusion of porches and an on-site coin laundry can improve day-to-day convenience. For buyers and operators, the combination of an updated quadplex and an included buildable lot provides an opportunity to acquire income-producing units while also planning for potential additional development on the second parcel.
Key Highlights
- Updated 2,744 SF multi‑unit building (4 units) plus an adjacent buildable lot included in the sale (2 parcels).
- Unit mix: two 3‑bed/2‑bath units, one 1‑bed/1‑bath unit with full kitchen and living area, plus a rear efficiency unit with private entrance.
- Significant renovations include new front facade with three levels of decks, new vinyl rails and steps, and a new roof.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully updated four-unit property plus an adjacent buildable lot offers move-in-ready units and expansion flexibility near the beach.
Where is this quadplex located?
The property is located at 205 10TH Street Ocean City, MD.
What is the asking price?
The asking price for this property is $1,329,900.
What are key features of this property?
This property features: Updated 2,744 SF multi‑unit building (4 units) plus an adjacent buildable lot included in the sale (2 parcels).; Unit mix: two 3‑bed/2‑bath units, one 1‑bed/1‑bath unit with full kitchen and living area, plus a rear efficiency unit with private entrance.; Significant renovations include new front facade with three levels of decks, new vinyl rails and steps, and a new roof.
