Add Listing
    Ocean City, MD
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Ocean City, MD Multifamily Properties for Sale

    Notify Me
    List
    Map
    Berlin, MD Ocean Pines, MD Bishopville, MD
    20 results
    Bayfront Multifamily Rental Compound
    $1,409,900
    4,048 SF

    Bayfront Multifamily Rental Compound

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

    Three-building waterfront income property with furnished units and thoughtful updates, offering strong flexibility for rental or retreat use.

    • 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.
    Updated: Mar 27
    View details
    Waterfront Duplex with Boat Slips
    $1,199,900
    2,532 SF

    Waterfront Duplex with Boat Slips

    304 15TH Street, Ocean City, MD 21842

    Waterfront 2-unit property in Ocean City with private boat slips.

    • Waterfront property with 2 private boat slips in a prime Ocean City location.
    • Two separate units (3BR/3BA and 2BR/1BA) offer versatile income‑producing opportunities or multi‑generational living.
    • Proven rental income of over $110,000.
    • Recently renovated with new kitchens, LVP flooring, lighting, paint, and updated furniture.
    • Walking distance to beach, boardwalk, dining, shopping, and entertainment.
    Updated: Apr 16
    View details
    Turn-Key Duplex Near Beach
    $614,900
    1,760 SF

    Turn-Key Duplex Near Beach

    Duplex near beach and boardwalk with income potential.

    608 PHILADELPHIA Avenue, Ocean City, MD 21842
    View details
    Updated Multi-Unit Property and Lot
    $1,329,900
    2,744 SF

    Updated Multi-Unit Property and Lot

    Updated multi-unit property with development opportunity near the beach.

    205 10TH Street, Ocean City, MD 21842
    View details
    Ocean City Furnished Rental Quadplex
    $1,275,000
    2,560 SF

    Ocean City Furnished Rental Quadplex

    Fully furnished, renovated quadplex near Ocean City's nightlife and beach.

    15 57TH Street, Ocean City, MD 21842
    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
    View details
    Ocean City Multifamily Investment Property
    $997,500

    Ocean City Multifamily Investment Property

    Four-unit building in Ocean City, updated in recent years.

    2701 JUDLEE Ave, Ocean City, MD 21842
    View details
    Bayfront Income-Producing Multi-Unit Property
    $1,699,900

    Bayfront Income-Producing Multi-Unit Property

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

    112 / 114 75TH St, Ocean City, MD 21842
    View details
    Furnished Midtown Investment Opportunity
    $1,295,000

    Furnished Midtown Investment Opportunity

    Four furnished units near Ocean City's nightlife and beach.

    15 57TH St, Ocean City, MD 21842
    View details
    Updated Multifamily Property For Sale
    $1,900,000

    Updated Multifamily Property For Sale

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

    207 SAINT LOUIS Ave, Ocean City, MD 21842
    View details
    Renovated Multifamily Property Near Boardwalk
    $2,790,000

    Renovated Multifamily Property Near Boardwalk

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

    1308 PHILADELPHIA Ave AND 105 14TH STREET, Ocean City, MD 21842
    View details
    Ocean City Efficiency Condo
    $174,900
    376 SF

    Ocean City Efficiency Condo

    Bright, updated condo near the beach with two parking spaces.

    202 32ND STREET 105, Ocean City, MD 21842
    View details
    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
    View details
    Charming Condo Near Ocean City Attractions
    $279,500
    870 SF

    Charming Condo Near Ocean City Attractions

    Two-bedroom condo in North Ocean City, steps from beach.

    411 146TH STREET 225, Ocean City, MD 21842
    View details
    Oceanside Condo with Waterviews
    $570,000

    Oceanside Condo with Waterviews

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

    18 41ST St 304, Ocean City, MD 21842
    View details
    West Ocean City Two-Bedroom Residence
    $139,900

    West Ocean City Two-Bedroom Residence

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

    12024 OCEAN Gtwy LOT 20, Ocean City, MD 21842
    View details
    Ocean City Condo Near Beach
    $387,000
    960 SF

    Ocean City Condo Near Beach

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

    17 72ND ST #3 SEAWAY, Ocean City, MD 21842
    View details
    Ocean City Condo Near Beach
    $485,000

    Ocean City Condo Near Beach

    Spacious, furnished 2BR/2BA condo in Midtown Ocean City, steps from beach.

    5505 ATLANTIC AVE #107, Ocean City, MD 21842
    View details
    Upgraded Beach Home with Courtyard
    $299,999
    864 SF

    Upgraded Beach Home with Courtyard

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

    105 120TH ST #9699, Ocean City, MD 21842
    View details
    West Ocean City Investment Opportunity
    $6,600,000

    West Ocean City Investment Opportunity

    Mixed-use investment property in West Ocean City for sale.

    12817 Harbor Rd, Ocean City, MD 21842
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 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)
    14,640 SF Lot: 0.16 Acres
    Value Estimation by Request

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

    View details

    Ocean City, MD Multifamily Properties Investment Opportunities Market Analysis

    Explore 21 multifamily properties for sale in Ocean City, MD, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 16,714 square feet of properties for sale, with an estimated market value of $7,260,999.

    Sale prices for multifamily properties in Ocean City, MD start at $174,900, averaging $806,777, and reaching up to $1,699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Short term rental properties 15
    Apartment buildings 13
    Quadplexes 7
    Duplexes 2
    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 median 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 sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Multifamily properties for Sale Near Ocean City, MD

    Popular Searches in Ocean City, MD

    Popular Categories

    Most Searched ZIP Codes in Ocean City, MD

    • 21842

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!