Search
Two-Unit Duplex with Updated Interiors
New
For Sale
$300,000

30445 Oak Street, Princess Anne, MD 21853

Separate electric meters and occupied apartments support straightforward rental operations.

Property Size1,920 SF
Price / SF$156.25
Days on Market2

Property Features for 30445 Oak Street

General Information

Standard status Active
Size 1,920 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Cap Rate 5.77%
Gross Income $27,840

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Buildings 1
Tenancy Multi
Listing Agency: Northrop Realty
Listed By: Nicole Schreibstein Abbott · License #3297147
Source: Midatlantic.thespeichergroup
Added: Sep 26 Last Checked: Sep 26 at 3:56AM

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 Northrop Realty

Investment Insights

Based on property information with market context.

This 1,920-square-foot duplex, built in 2006, contains two occupied apartments: a three-bedroom, two-bath unit and a two-bedroom, one-bath unit. Unit A has received recent updates, and its HVAC system was installed in 2019. Unit B’s HVAC system dates to 2025. Electric service is separately metered for each unit.

The property is at 30445 Oak Street in Princess Anne, near downtown and the US Route 13 corridor. UMES, healthcare providers, and county employers are also identified as nearby demand sources. The current cap rate is 5.77%, with a stated market-potential cap rate of 8.08%.

Key Highlights

  • Two occupied units: one with 3 bedrooms and 2 bathrooms, and one with 2 bedrooms and 1 bathroom
  • 1,920 square feet; built in 2006
  • Separate electric meters for each unit

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Auto Parts Store Bakery Big Box & Wholesale Store Grocery & Convenience Store

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 21853, MD

10,179
Population
4,962
Households
2.1
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
114.8 sq mi
ZIP Area
89
Density / Sq Mi
$51,710
Median Household Income
$24,603
Median Earnings
$973
Median Rent
$167,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Separate electric meters and occupied apartments support straightforward rental operations.
Where is this duplex located?
The property is located at 30445 Oak Street Princess Anne, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two occupied units: one with 3 bedrooms and 2 bathrooms, and one with 2 bedrooms and 1 bathroom; 1,920 square feet; built in 2006; Separate electric meters for each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message