Multifamily

Delmar, MD Multifamily Properties for Sale

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Duplex with Separate Electric Meters
Updated: Apr 19
Duplex with Separate Electric Meters

5 West Chestnut Street, Delmar, MD 21875

$219,900
1,386 sqft
Two‑unit duplex with a 2 bed / 1 bath first‑floor apartment and a 1 bed / 1 bath second‑floor apartment
Both units are fully rented with established tenants in place
1,386 SF building constructed in 1989
Separate electric meters for the two units
Vinyl siding, newer roof, and double‑pane windows
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Delmar, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Unit Duplex Rental
Two-Unit Duplex Rental

33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

$260,000
2,128 sqft 0.16 AC lot

Income-producing residential property with separate two-bedroom, one-bath living spaces on each level.

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Two-Unit Duplex Rental
Two-Unit Duplex Rental

33023 Old Ocean City Rd, Parsonsburg, MD 21849

$260,000
2,128 sqft

Two-level rental property with matching two-bedroom, one-bath layouts on each floor.

View details
Student Housing Portfolio For Sale
Student Housing Portfolio For Sale

101 Cedar Crossing, Salisbury, MD 21804

$11,950,000
1,272 sqft

Student housing portfolio near Salisbury University with assumable debt.

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136-Unit Garden-Style Apartment Community
136-Unit Garden-Style Apartment Community

1500 Sharen Dr, Salisbury, MD 21804

Contact for pricing
123,877 sqft

Established garden-style community with unit upgrades, resident amenities, and individually metered electric utilities.

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Off-Market Properties in Delmar, MD

Consider similar Off-Market properties in Delmar, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

9091 Ocean Hwy
APARTMENT HOUSE (5+ UNITS)

9091 Ocean Hwy, Delmar, MD 21875-2370

Estimated value:
$425,000
2,466 sqft 1.70 AC lot
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Delmar, MD Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Delmar, MD on our real estate platform. These investment opportunities span a total of 1,386 square feet of properties for sale, with an estimated market value of $219,900.

Sale prices for multifamily properties in Delmar, MD average $219,900 — 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 1

Demographics Overview

Population 7,455
Population Growth (5Y) +15.4%
Median Household Income $76,007
College Educated 35.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21875 $219.9K

Taxes & Financing

Tax Rate (average for all types) 0.99%
Property Tax per SF $39.48 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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