Building Details

Year built 1920

Number of units 1

Building materials Stick Built

Listing Agency: Iron Valley Real Estate Ocean City c***@ironvalleyrealestateoceancity.com Show Phone

Listed By: Stephen Brown · License #673191 Show Phone

Added: Apr 28 Changed: Jul 26 Last Checked: Aug 22 at 5:06AM

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MLS# MDWC2022690

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 duplex rental property features two separate 2-bedroom, 1-bath units, with one unit on the upstairs level and one unit on the downstairs level. The property is currently rented on a month-to-month basis. The sale is being offered as-is, where-is.

Located at 33023 Old Ocean City Road in Parsonsburg, Maryland, the property is situated on a 0.1604-acre lot in Wicomico County.

The duplex building totals 2,128 square feet.

Key Highlights

• Duplex rental with 2 units: 2 bed/1 bath upstairs and 2 bed/1 bath downstairs
• Property is currently rented on a month‑to‑month basis
• Year built: 1920; stick‑built construction materials

Property Analytics

Property Profile

Current Use

Smoke-Stock & Chimney Cleaning ... Social Service Agency MCA Stove & Fireplaces ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Building Supply Carpet & Flooring Store Plumbing 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

2

Residential units

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Explore this area Business Placement

Demographics for 21849, MD

3,162

Population

1,621

Households

2

Avg Household Size

45

Median Age

25%

College-Educated

93%

High-School Grad

36.9 sq mi

ZIP Area

86

Density / Sq Mi

$74,966

Median Household Income

$35,548

Median Earnings

$1,168

Median Rent

$233,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Duplex with two 2-bedroom, 1-bath units, currently rented month to month and sold as-is.

Where is this duplex located?

The property is located at 33023 OLD OCEAN CITY Road Parsonsburg, MD.

What is the asking price?

The asking price for this property is $260,000.

What are key features of this property?

This property features: Duplex rental with 2 units: 2 bed/1 bath upstairs and 2 bed/1 bath downstairs; Property is currently rented on a month‑to‑month basis; Year built: 1920; stick‑built construction materials