Historic 9-Unit Apartment
For Sale
$799,000
507 Camden Ave, Salisbury, MD 21801
Historic 9-unit apartment building in Salisbury, Maryland's vibrant center.
Property Size8,228 SF
Price / SF$97.11
Days on Market190
Property Features for 507 Camden Ave
General Information
Standard status
Active
Size
8,228 SF
Building Details
Year Built
1890
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Austin H Cox Jr.
(410) 251-4163
Source:
Selltheshore
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 28 at 3:11PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
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This historic 9-unit apartment building is located in the heart of Salisbury, Maryland. The property offers a blend of character and modern convenience. Its downtown location is a short five-minute walk from Tidal Health Hospital and Salisbury’s downtown district, which features local shops, restaurants, cafés, and everyday amenities. The property attracts a steady tenant base, including medical professionals, students, and individuals who value an urban lifestyle. The building features three two-bedroom apartments and six one-bedroom units. Each apartment includes its own kitchen and full bathroom. All units are equipped with separately metered electric service and individual gas-fired hot water boilers. The location has a walk score of 79, making it very walkable, and a bike score of 52, making it bikeable. The transit score is 24, indicating minimal transit options.
Key Highlights
- Prime downtown location in Salisbury, Maryland with a high walkability score of 79.
- Strong rental appeal to medical professionals, students, and those seeking an urban lifestyle.
- Nine units comprised of three 2‑bedroom and six 1‑bedroom apartments.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
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Business Placement
Demographics for 21801, MD
31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Historic 9-unit apartment building in Salisbury, Maryland's vibrant center.
Where is this apartment building located?
The property is located at 507 Camden Ave Salisbury, MD.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime downtown location in Salisbury, Maryland with a high walkability score of 79.; Strong rental appeal to medical professionals, students, and those seeking an urban lifestyle.; Nine units comprised of three 2‑bedroom and six 1‑bedroom apartments.
