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Pasadena, MD Multifamily Properties for Sale

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Riviera Beach Multi-Unit Opportunity
$599,000
2,280 SF

Riviera Beach Multi-Unit Opportunity

151 Riviera Dr, Pasadena, MD 21122

Licensed three-unit property in a desirable, walkable Pasadena location.

  • Strong income potential with below‑market rents currently in place.
  • Versatile property with potential for conversion to a single‑family home with an in‑law suite.
  • Located in a desirable, water‑privileged community with access to a sandy beach, boat ramp, pier, community parks, and walking paths.
  • Highly walkable location close to bus stops, grocery stores, convenience shops, and restaurants.
  • Licensed three‑unit property on a fenced corner lot, each unit equipped with ceiling fans, air conditioning, and separate certifications.
Updated: Jan 29
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Riviera Beach Multi-Unit Opportunity
$599,000

Riviera Beach Multi-Unit Opportunity

151 Riviera Dr, Pasadena, MD 21122

Licensed three-unit property in a walkable Riviera Beach location.

  • Strong income potential with below‑market rents currently in place and two units potentially vacant.
  • Versatile property with potential to convert to a single‑family home with in‑law suite (with county permitting).
  • Located in a desirable, water‑privileged community with beach, boat ramp, pier, parks, and walking paths.
  • Licensed three‑unit property on a fenced corner lot.
  • Highly walkable location near bus stop, grocery stores, shops, and restaurants.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Pasadena, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Waterfront Multifamily Investment Opportunity
$500,000

Waterfront Multifamily Investment Opportunity

Waterfront multifamily property with 7 units in Carvel Beach.

460 Carvel Beach Rd, Baltimore, MD 21226
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Fully Leased Apartment Building
$765,000

Fully Leased Apartment Building

Seven-unit apartment building with updated kitchens and bathrooms.

2722 Lodge Farm Rd, Sparrows Point, MD 21219
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Fully Leased Apartment Building
$765,000

Fully Leased Apartment Building

Seven-unit apartment building with updated kitchens and bathrooms.

2722 Lodge Farm Rd, Sparrows Point, MD 21219
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Cash Flowing Two-Unit Property
$219,500

Cash Flowing Two-Unit Property

Fully rented two-unit investment property in Baltimore, Maryland.

1614 Popland St, Baltimore, MD 21226
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Pasadena, MD Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Pasadena, MD on our real estate platform. These investment opportunities span a total of 9,148 square feet of properties for sale, with an estimated market value of $599,000.

Sale prices for multifamily properties in Pasadena, MD start at $599,000, averaging $599,000, and reaching up to $599,000 — 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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