Two-Unit Duplex with Updated
30445 Oak Street, Princess Anne, MD 21853
For Sale
$285,000
Separate electric meters and occupied apartments support straightforward rental operations.
Property Size1,920 SF
Price / SF$148.44
Days on Market50
Property Features for 30445 Oak Street
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Cap Rate
Gross Income
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Northrop Realty
Listed By:
Nicole Schreibstein Abbott · License MD #3297147
(240) 750-8467
Source:
Midatlantic.thespeichergroup
Added: Sep 26
Changed: Nov 8
Last Checked: Nov 10 at 5:54AM
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
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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%.
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
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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 $285,000.
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
