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 Compound
Updated: Mar 27
Bayfront Multifamily Compound

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

$1,409,900
4,048 sqft 0.30 AC lot
Bayfront compound on 0.2984 acres overlooking Assawoman Bay
Three buildings on two parcels with 4,048 square feet of improvements
Four units totaling 12 bedrooms and nine full bathrooms
13 off‑street parking spaces plus on‑street parking
New roof, new siding on two buildings, raised foundations, and interior renovations
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Waterfront Duplex with Boat Slips
Updated: Apr 16
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,099,900
2,532 sqft 0.13 AC lot
Two residences totaling 2,532 square feet
First‑floor unit: 3 bedrooms and 3 bathrooms; second‑floor unit: 2 bedrooms and 1 bathroom
Two private boat slips on navigable waterfront
0.13‑acre parcel with canal and bay views
Lower‑unit deck overlooks the water and fenced yard
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Updated Four-Unit Coastal Quadplex
Updated Four-Unit Coastal Quadplex

205 10TH Street, Ocean City, MD 21842

$799,000
2,744 sqft 0.31 AC lot

Renovated four-unit property with private outdoor spaces and walkable access to Ocean City’s beach and Boardwalk.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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5-Unit Apartment Building
5-Unit Apartment Building

503 N Baltimore Ave, Ocean City, MD 21842

$1,300,000
4,728 sqft

A covered porch and fenced front yard add outdoor space to the five-unit property.

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Oceanfront Vacation Rental Condo
Oceanfront Vacation Rental Condo

6007 ATLANTIC AVE #205, Ocean City, MD 21842

$500,000

Two bedrooms, two full baths, and a private balcony serve owners and guests in this coastal residence.

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Ocean-View Condominium
Ocean-View Condominium

13110 COASTAL HWY #409, Ocean City, MD 21842

$585,000

A two-bedroom residence in an oceanfront community includes a private balcony and access to shared recreation amenities.

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Furnished Studio Condo
Furnished Studio Condo

300 ROBIN DR #106, Ocean City, MD 21842

$225,000

An updated kitchen, private balcony, and in-unit laundry support convenient stays and rental use.

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

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

$1,409,900
4,048 sqft

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

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Ocean-View Short-Term Rental Condo
Ocean-View Short-Term Rental Condo

13700 COASTAL HWY #406, Ocean City, MD 21842

$715,000

The three-bedroom, three-bath residence has a private balcony and two reserved parking spaces.

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Renovated Oceanfront Residential Income Property
Renovated Oceanfront Residential Income Property

9400 COASTAL HWY #501, Ocean City, MD 21842

$498,500

Fully furnished condominium with updated interiors, ocean views, and access to shared resort-style amenities.

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Brand-New Bay-View Triplex
Brand-New Bay-View Triplex

116 78th St, Ocean City, MD 21842

$2,999,900
5,022 sqft

Three residences offer custom finishes, conditioned garages, and access to the bay and beach.

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Furnished One-Bedroom Short-Term Rental
Furnished One-Bedroom Short-Term Rental

200 N HERON DR #200055, Ocean City, MD 21842

$279,900

First-floor furnished unit with a covered balcony and access to extensive community amenities.

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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

$799,000
2,744 sqft

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

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Waterfront Duplex with Boat Slips
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,099,900
2,532 sqft

Renovated two-unit property with canal and bay views, private entrances, and flexible seasonal or annual use options.

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Renovated Multifamily Property Near Boardwalk
Renovated Multifamily Property Near Boardwalk

1701 N Baltimore Avenue, Ocean City, MD 21842

$1,999,900
4,842 sqft

Four renovated units near the ocean and Ocean City attractions.

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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

$555,000
0.11 AC lot

Oversized corner lot with water views and multifamily zoning.

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Renovated Multifamily Property Near Boardwalk
Renovated Multifamily Property Near Boardwalk

1308 Philadelphia Avenue, Unit 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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Ocean-Exposure Residential Income Property
Ocean-Exposure Residential Income Property

Ocean City, MD 21842

$464,000

Updated coastal residence with an upgraded kitchen, open living area, and convenient access to Ocean City’s beach and mid-town amenities.

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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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Renovated Residential Income Property
Renovated Residential Income Property

Ocean City, MD 21842

$422,900

Three-bedroom ocean-block condo renovated in 2022 and offered fully furnished with an oversized private balcony.

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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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West Ocean City Two-Bedroom Residence
West Ocean City Two-Bedroom Residence

12024 OCEAN Gtwy LOT 20, Ocean City, MD 21842

$134,500

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

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Ocean City, MD Multifamily Properties Market Trends and Statistics

Explore 26 multifamily properties for sale in Ocean City, MD, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 34,104 square feet of properties for sale, with an estimated market value of $22,046,099.

Sale prices for multifamily properties in Ocean City, MD start at $134,500, averaging $918,587, and reaching up to $2,999,900 — 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

Short term rental properties 15
Apartment buildings 9
Quadplexes 4
Duplexes 2
Triplexes 2

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 $926.6K

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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