Multifamily

Ocean City, MD Multifamily Properties for Sale

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Berlin, MD Ocean Pines, MD Bishopville, MD Fenwick Island, DE Selbyville, DE Newark, MD Frankford, DE Whaleyville, MD
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Bayfront Multifamily Rental Compound
Updated: Mar 27
Bayfront Multifamily Rental Compound

112 / 114-A 75TH Street, Ocean City, MD 21842

$1,409,900
4,048 sqft 0.30 AC lot
Bayfront multi‑unit compound in Ocean City, MD overlooking Assawoman Bay with direct bay access steps away.
3 separate buildings on two parcels with unit mix: one 2‑bedroom house, two 3‑bedroom units, and one 4‑bedroom unit (12 total bedrooms, 9 full baths).
Substantially improved with a new roof and new siding on two of the three buildings, plus raised foundations and extensive interior renovations.
Offered as furnished units including laminate flooring, updated countertops, large flat‑screen TVs, refrigerators, and microwaves.
Parking for guests with 13 off‑street spaces plus a large driveway, plus a community washer and dryer on site and an outdoor shower.
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112 / 114-A 75TH Street, OCEAN CITY, MD 21842

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Waterfront Duplex with Boat Slips
Updated: Apr 16
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,199,900
2,532 sqft 0.13 AC lot
Waterfront 2‑unit property built in 1956 with canal and bay views and waterfront/navigable water access
2 private boat slips included; fenced‑in yard plus a private deck on the lower unit overlooking the water
Unit mix: 3BR/3BA first‑floor unit and 2BR/1BA second‑floor unit with private entrances
Recent interior updates include recently renovated kitchens, new LVP flooring, updated lighting fixtures, and fresh paint
Detached garage plus driveway and off‑street/ on‑street parking options
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Updated Quadplex with Adjacent Buildable Lot
Updated Quadplex with Adjacent Buildable Lot

205 10TH Street, Ocean City, MD 21842

$1,329,900
2,744 sqft 0.31 AC lot

Fully updated four-unit property plus an adjacent buildable lot offers move-in-ready units and expansion flexibility near the beach.

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Updated Multi-Unit Property and Buildable Lot
Updated Multi-Unit Property and Buildable Lot

205 10TH St, Ocean City, MD 21842

$1,329,900
2,744 sqft 0.31 AC lot

Updated multi-unit property with development opportunity near Ocean City's beach.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2701 Judlee Avenue, Ocean City, MD 21842

$975,000
2,784 sqft

Four two-bedroom, one-bath units with 2019 tankless and split HVAC updates and recent exterior improvements.

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Ocean City Condo Near Beach
Ocean City Condo Near Beach

17 72ND ST #3 SEAWAY, Ocean City, MD 21842

$387,000
960 sqft

Updated condo in Ocean City's midtown, steps from the beach.

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Upgraded Beach Home with Courtyard
Upgraded Beach Home with Courtyard

105 120TH ST #9699, Ocean City, MD 21842

$299,999
864 sqft

2-bedroom condo near the beach with indoor/outdoor pools and tennis.

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Corner Lot Multifamily Opportunity
Corner Lot Multifamily Opportunity

13444 MADISON Ave, Ocean City, MD 21842

$557,500
0.11 AC lot

Oversized corner lot with water views and multifamily zoning.

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Bayfront Income-Producing Multi-Unit Property
Bayfront Income-Producing Multi-Unit Property

112 / 114 75TH St, Ocean City, MD 21842

$1,409,900

Waterfront compound with strong rental potential in Ocean City, MD.

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Four-Unit Property with Rental Potential
Four-Unit Property with Rental Potential

406 14TH ST STREET, Ocean City, MD 21842

$925,000
0.10 AC lot

Well-maintained four-unit property with updated systems and modern amenities.

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Renovated Multifamily Property Near Boardwalk
Renovated Multifamily Property Near Boardwalk

1308 PHILADELPHIA Ave AND 105 14TH STREET, Ocean City, MD 21842

$2,790,000

Eight 2-bedroom units plus a 4-bedroom complex near boardwalk.

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Updated Multifamily Property For Sale
Updated Multifamily Property For Sale

207 SAINT LOUIS Ave, Ocean City, MD 21842

$1,800,000

Updated multifamily property with income potential in Ocean City, MD.

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Renovated Multifamily Property Near Boardwalk
Renovated Multifamily Property Near Boardwalk

1701 N BALTIMORE Ave, Ocean City, MD 21842

$2,250,000
0.13 AC lot

Four renovated units near the ocean and Ocean City attractions.

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Oceanside Investment Opportunity
Oceanside Investment Opportunity

11602 COASTAL Hwy 1A, Ocean City, MD 21842

$899,000

Rare two-unit property near the beach with ocean views.

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Oceanfront Condo with Panoramic Views
Oceanfront Condo with Panoramic Views

401 ATLANTIC Ave 506, Ocean City, MD 21842

$649,000

Top-floor, updated condo with ocean, beach, and bay views.

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Oceanside Condo with Waterviews
Oceanside Condo with Waterviews

18 41ST St 304, Ocean City, MD 21842

$570,000

Furnished 3-bedroom condo with waterviews, ready for occupancy.

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Oceanfront Condo with Rental Potential
Oceanfront Condo with Rental Potential

9400 COASTAL Hwy 301, Ocean City, MD 21842

$439,900

Two-bedroom, two-bathroom condo with ocean views and modern upgrades.

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Harbor Road Investment Opportunity
Harbor Road Investment Opportunity

12817 HARBOR ROAD, Ocean City, MD 21842

$6,600,000
0.55 AC lot

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

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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.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Ocean City, MD, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

Off-Market Properties in Ocean City, MD

Consider similar Off-Market properties in Ocean City, 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.

302 2nd St
APARTMENT HOUSE (5+ UNITS)

302 2nd St, Ocean City, MD 21842-4013

Value Estimation by Request
14,640 sqft 0.16 AC lot
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Ocean City, MD Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Ocean City, MD, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 16,676 square feet of properties for sale, with an estimated market value of $6,931,599.

Sale prices for multifamily properties in Ocean City, MD start at $299,999, averaging $990,228, and reaching up to $1,409,900 — 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

Apartment buildings 10
Short term rental properties 8
Quadplexes 5
Duplexes 1
High-rise multifamily apartments 1

Demographics Overview

Population 11K
Population Growth (5Y) +4.2%
Median Household Income $75,372
College Educated 27.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21842 $1.7M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $5.96 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

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