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    Delmar, MD
    Multifamily

    Delmar, MD Multifamily Properties for Sale

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    Salisbury, MD Laurel, DE Parsonsburg, MD Hebron, MD Bethel, DE Mardela Springs, MD Fruitland, MD Pittsville, MD
    Delmar Duplex: Investment Opportunity
    Updated: Apr 22
    Delmar Duplex: Investment Opportunity

    5 W CHESTNUT Street, Delmar, MD 21875

    $219,900
    1,386 sqft 0.20 AC lot
    Duplex in Delmar with separate electric meters and both units fully rented with established tenants
    Unit mix: 2 bed/1 bath on the first floor and 1 bed/1 bath on the second floor
    Built in 1989 with vinyl siding for low‑maintenance exterior
    Newer roof and double‑pane windows
    Tenants responsible for water, sewer, electric, and internet
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    Duplex with Separate Electric Meters
    Updated: Dec 31, 2025
    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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    Delmar Multifamily Property on Route 13
    Delmar Multifamily Property on Route 13

    9091 Ocean Hwy, Delmar, MD

    Contact for pricing
    1.70 AC lot

    Six-unit apartment complex on 1.7 acres with highway frontage.

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    See what stands out in Wicomico County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 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 Rd, Parsonsburg, MD 21849

    $260,000
    2,128 sqft

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

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    Rented Duplex with Two 2-Bed Units
    Rented Duplex with Two 2-Bed Units

    33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

    $260,000
    2,128 sqft 0.16 AC lot

    Duplex with two 2-bedroom, 1-bath units, currently rented month to month and sold as-is.

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    Multifamily Property with Parking
    Multifamily Property with Parking

    208 West Isabella Street, Salisbury, MD 21801

    $244,500
    2,636 sqft

    R10-zoned property within Salisbury city limits with on-site parking and no pool.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    310 Hammond St, Salisbury, MD 21804

    Contact for pricing

    Two-level property combines apartment residences with office suites, separate entrances, on-site parking, and storage bays.

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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

    $425,000
    Estimated value
    2,466 sqft 1.70 AC lot
    View details

    Delmar, MD Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Delmar, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,772 square feet of properties for sale, with an estimated market value of $439,800.

    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 2
    Apartment buildings 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 $189.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Wicomico County

    New Delisted

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