Berlin, MD
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    Berlin, MD Multifamily Properties for Sale

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    Ocean Pines, MD Ocean City, MD Newark, MD
    Income-Producing Duplex in Historic Berlin
    $595,000
    1,936 SF

    Income-Producing Duplex in Historic Berlin

    104 FRANKLIN Avenue, Berlin, MD 21811

    Renovated duplex in Berlin, MD, fully leased through early 2027.

    • Fully leased through February and March 2027, providing immediate income.
    • Located in historic Berlin, within walking distance to shops, restaurants, and events.
    • Two renovated apartments, each with three bedrooms and one bath.
    • Large .35 acre lot with mature shade trees.
    • Ample parking with driveway space for over eight vehicles, plus on‑street parking.
    Updated: May 15
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    Duplex Investment Opportunity in Berlin
    $249,900

    Duplex Investment Opportunity in Berlin

    128 BRANCH St, Berlin, MD 21811

    Duplex near downtown Berlin and Ocean City beaches.

    • 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.
    Updated: Apr 24
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    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.

    Renovated Quadplex: Investor Opportunity
    $799,900
    2,500 SF

    Renovated Quadplex: Investor Opportunity

    Rare, renovated quadplex with strong income potential in high-demand rental market.

    62 W CHURCH Street, Selbyville, DE 19975
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    Renovated Quadplex: Investor Opportunity
    $799,900

    Renovated Quadplex: Investor Opportunity

    Extensively renovated quadplex with strong income potential in high-demand rental market.

    62 W CHURCH St, Selbyville, DE 19975
    View details
    West Ocean City Resort Opportunity
    $3,500,000
    1.82 Acres

    West Ocean City Resort Opportunity

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

    12614 Ocean Gateway, Ocean City, MD 21842
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    Harbor Road Investment Opportunity
    $6,500,000
    0.55 Acres

    Harbor Road Investment Opportunity

    West Ocean City investment opportunity: restaurant, apartments, parking, marina.

    12817 HARBOR ROAD, Ocean City, MD 21842
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    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.

    Chincoteague Island Lot with Utilities
    $104,900
    0.05 Acres

    Chincoteague Island Lot with Utilities

    Island lot with utilities near Curtis Merritt Harbor.

    2339 BAY BREEZE DR, Chincoteague, VA 23336
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    HORNTOWN Land with Camping Amenities
    $163,500
    0.16 Acres

    HORNTOWN Land with Camping Amenities

    Land with access to pool, clubhouse, boat ramp, and more.

    354-355* SEA BASS DR, Horntown, VA 23395
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    Land Near Crabbing Pier
    $59,900
    0.09 Acres

    Land Near Crabbing Pier

    Land with septic, camper, and water view in Horntown.

    Lot 153* WALLOPS DRIVE, Horntown, VA 23395
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    Chincoteague Island Mobile Home Lot
    $145,000
    0.12 Acres

    Chincoteague Island Mobile Home Lot

    Vacant lot near beach, boating, and wildlife areas.

    Lot 6B SEAHORSE DR, Chincoteague, VA 23336
    View details

    Berlin, MD Multifamily Properties Investment Opportunities Market Analysis

    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

    Duplexes 2

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    21811 $249.9K

    Taxes & Financing

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

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