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    Berlin, MD
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    Berlin, MD Multifamily Properties for Sale

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    Newark, MD Ocean Pines, MD Ocean City, MD
    Income-Producing Duplex in Historic Berlin
    Updated: May 15
    Income-Producing Duplex in Historic Berlin

    104 FRANKLIN Avenue, Berlin, MD 21811

    $595,000
    1,936 sqft · 0.35 AC lot
    2‑unit building with a 3‑bedroom, 1‑bath layout on each level
    Both apartments are fully leased through February and March 2027
    Totally renovated within the past 10 years
    0.35‑acre lot with a rear yard and several mature shade trees
    Parking for over 8 vehicles in the driveway, plus on‑street parking
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    Duplex Investment Opportunity in Berlin
    Updated: Apr 24
    Duplex Investment Opportunity in Berlin

    128 BRANCH St, Berlin, MD 21811

    $249,900
    Duplex with two separately metered units.
    Investment opportunity with cash flow potential.
    Located near Route 113, minutes from downtown Berlin.
    Short drive to Ocean City beaches.
    Upper unit: 1‑bedroom, 1‑bath.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Berlin, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    West Ocean City Resort Opportunity
    West Ocean City Resort Opportunity

    12614 Ocean Gateway, Ocean City, MD 21842

    $3,500,000
    1.82 AC lot

    Resort with restaurant, cottages, and redevelopment potential in Ocean City.

    View details
    Newark Duplex on Large Lot
    Newark Duplex on Large Lot

    7109 DAFFODIL LN Rd, Newark, MD 21841

    $439,900
    3.25 AC lot

    Investment property featuring two units on 3.2 acres.

    View details
    West Ocean City Two-Bedroom Residence
    West Ocean City Two-Bedroom Residence

    12024 OCEAN Gtwy LOT 20, Ocean City, MD 21842

    $139,900

    Two-bedroom, two-bath residence near beaches, shopping, and dining.

    View details
    Remodeled Newark Four-Unit Building
    Remodeled Newark Four-Unit Building

    8340 LANGMAID ROAD, Newark, MD 21841

    $785,000
    0.74 AC lot

    Completely remodeled four-unit building near the beach.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Near Beaches
    Residential Land Near Beaches

    28558 West Springside Drive, Milton, DE 19968

    $85,000
    0.22 AC lot

    Land for sale near beaches in Milton, Delaware.

    View details
    Turnkey Camping Property in Horntown
    Turnkey Camping Property in Horntown

    354-355* SEA BASS DR lot: 2Lots, Horntown, VA 23395

    $163,500
    0.16 AC lot

    High-end camping with access to numerous amenities.

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    Lot Near Crabbing Pier
    Lot Near Crabbing Pier

    WALLOPS DRIVE lot: 153, Horntown, VA 23395

    $57,500
    0.09 AC lot

    Residential lot with septic and water view in Horntown.

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    Chincoteague Island Mobile Home Lot
    Chincoteague Island Mobile Home Lot

    SEAHORSE DR lot: 6B, Chincoteague, VA 23336

    $145,000
    0.12 AC lot

    Vacant lot near beach, boating, and wildlife areas.

    View details

    Berlin, MD Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Berlin, MD on our real estate platform. These investment opportunities span a total of 1,936 square feet of properties for sale, with an estimated market value of $595,000.

    Sale prices for multifamily properties in Berlin, MD start at $595,000, averaging $595,000, and reaching up to $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +2.4%
    Median Household Income $91,293
    College Educated 49.6%

    High-Yield Neighborhoods for Investment

    Identify Berlin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21811 $422.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $21.14 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Berlin fall within the Under 2,500 square foot range.

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