Multifamily

Parsonsburg, MD Multifamily Properties for Sale

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Pittsville, MD Salisbury, MD Willards, MD Delmar, MD Delmar, DE Laurel, DE Whaleyville, MD Fruitland, MD
Two-Unit Duplex Rental
Updated: Apr 28
Two-Unit Duplex Rental

33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

$260,000
2,128 sqft 0.16 AC lot
2,128‑square‑foot duplex with two residential units
Each unit includes 2 bedrooms and 1 bathroom
Currently rented on a month‑to‑month basis
Built in 1920 with stick‑built construction
Situated on a 0.1604‑acre lot
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Two-Unit Duplex Rental
Updated: Apr 29
Two-Unit Duplex Rental

33023 Old Ocean City Rd, Parsonsburg, MD 21849

$260,000
2,128 sqft
2,128‑square‑foot duplex with two residential units
Each unit includes 2 bedrooms and 1 bathroom
Upper- and lower‑level unit configuration
Current month‑to‑month lease agreement must be honored by the new owner
Sold as‑is, where‑is
View details
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 2 Active listings in Parsonsburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Duplex With Separate Electric Meters
Duplex With Separate Electric Meters

5 W CHESTNUT Street, Delmar, MD 21875

$219,900
1,386 sqft 0.20 AC lot

Fully rented two-unit property with separate electric meters and tenant-paid utilities.

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Duplex with Separate Electric Meters
Duplex with Separate Electric Meters

5 West Chestnut Street, Delmar, MD 21875

$219,900
1,386 sqft

Income-producing duplex with leased units, individual electric metering, and durable exterior improvements.

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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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Multifamily Portfolio Near Salisbury University
Multifamily Portfolio Near Salisbury University

100 Cedar Crossing Rd, Salisbury, MD 21804

Contact for pricing

58 units, 228 bedrooms near Salisbury University campus.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Turnkey Camping Property in Horntown
Turnkey Camping Property in Horntown

354-355* SEA BASS DR lot: 2Lots, Horntown, VA 23395

$157,500
0.16 AC lot

High-end camping with access to numerous amenities.

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Lot Near Crabbing Pier
Lot Near Crabbing Pier

WALLOPS DRIVE lot: 153, Horntown, VA 23395

$57,500
0.09 AC lot

Residential lot with septic and water view in Horntown.

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Parsonsburg, MD Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Parsonsburg, MD on our real estate platform. These investment opportunities span a total of 4,256 square feet of properties for sale, with an estimated market value of $520,000.

Sale prices for multifamily properties in Parsonsburg, MD average $260,000 — 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

Demographics Overview

Population 3,845
Population Growth (5Y) +16.6%
Median Household Income $74,966
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21849 $260K

Taxes & Financing

Tax Rate (average for all types) 0.74%
Property Tax per SF $46.84 per SF
Tax Rate vs County Average 0.23 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wicomico County

New Delisted

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