810 N DIVISION Street, Salisbury, MD 21801
MULTI_FAMILY - Victorian - SALISBURY, MD
- Added:
- Jan 24, 2026
- Days on Market:
- 138
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 810 N DIVISION Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, On Street, Off Street
- Interior features
- 2nd Kitchen, Ceiling Fan(s), Entry Level Bedroom
- Standard status
- Active
- Size
- 1,832 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2699
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Ductless, Heat Pump, Ceiling Fan(s)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Combination
- Architectural style
- Victorian
Listing agent Jennifer Malcolm License #5011596 (301) 331-8252
Listing office EXP Realty, LLC 8115 Maple Lawn Boulevard unit: 350, National Harbor, MD (888) 860-7369
Listing date Jan 24, 2026
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.
HighLights
- Recently remodeled Victorian duplex (built 1920) with two separate units, each with its own entrance, kitchen, laundry, and electric meter
- Two‑bedroom/one‑bath lower unit (Unit A) with new in‑unit washer & dryer and front/rear exits; month‑to‑month rent currently $1,250 plus shared utilities
- One‑bedroom/one‑bath upper unit (Unit B) fully furnished; current month‑to‑month travel nurse renter pays $2,000 per month
- Shared income estimate: current month‑to‑month income totals $3,250, with stated potential to earn $3,400–$4,000 per month
- HVAC upgrades include heat pump for the 2‑bedroom unit (less than 4 years old) plus 2 new mini‑splits installed in the 1‑bedroom unit in late 2025
- Parking includes off‑street driveway parking for up to 2 vehicles plus ample street parking on New York Ave
Overview
The home is located on a corner overlooking the intersection of New York and N. Division, with sidewalks in all directions and walkability noted around the area. Off-street parking is available for up to two vehicles, along with ample street parking. The remarks indicate proximity to Business 13 and Business 50, as well as a short drive to Salisbury University and downtown shopping.
For buyers, the duplex configuration supports an owner-occupant or investor approach, with separate utility meters and distinct unit setups. The current income is described as month-to-month with specific utility responsibilities split by unit. A 48-hour notice is required to notify tenants, and buyers should complete due diligence to confirm utility and meter details, rental income assumptions, property taxes, and any applicable rental requirements, including FurnishedFinder considerations.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $18.96 |
| − Vacancy | −$1.3k | −$0.72 |
| EGI | $33.4k | $18.24 |
| − OpEx | −$10.0k | −$5.47 |
| NOI | $23.4k | $12.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.59546
- Latitude
- 38.37412