Pasadena, MD
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    Pasadena, MD Multifamily Properties for Sale

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    Millersville, MD Severna Park, MD Glen Burnie, MD
    Pasadena Multi-Unit Investment Opportunity
    $599,000
    3,000 SF
    Pasadena Multi-Unit Investment Opportunity

    151 RIVIERA Drive, Pasadena, MD 21122

    Three-unit property in Riviera Beach with income potential.
    • Licensed three‑unit property in a water‑privileged community of Riviera Beach, on a fenced corner lot just off the main street
    • Unit A: 2BR with kitchen, living room, dining room, full bath, and private laundry; rent is $1,500/month (month‑to‑month)
    • Unit B: 1BR with kitchen and living room; rent is $1,150/month with a lease through end of 2026
    • Unit C: 1BR with kitchen/dining combination and living room; rent is $750/month (month‑to‑month)
    • Each unit has separate occupancy with ceiling fans and air conditioning, plus separate lead inspection certifications
    Updated: Oct 16, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pasadena, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Two-Unit Renovated Townhouse
    $224,500
    1,872 SF
    Two-Unit Renovated Townhouse

    Renovated two-unit property with four bedrooms, two full baths, second kitchen, and finished basement with walkout access.

    4711 Pennington Avenue, Baltimore, MD 21226

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    Pasadena Area Multifamily Commercial Property
    Contact for pricing
    3,488 SF
    Pasadena Area Multifamily Commercial Property

    0.42 acre commercial property with redevelopment potential near Stoney Creek.

    8226 Fort Smallwood Rd, Baltimore, MD 21226

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    Fully Leased Apartment Building
    $765,000
    0.19 Acres
    Fully Leased Apartment Building

    Seven-unit apartment building with updated kitchens and bathrooms.

    2722 LODGE FARM ROAD, Sparrows Point, MD 21219

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    Fully Leased Apartment Building
    $765,000
    0.19 Acres
    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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    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.

    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Land Subdivision with Mobile Potential
    $125,000
    Land Subdivision with Mobile Potential

    Land with subdivision potential, suitable for "Class C" mobiles.

    Lot 2 Seashore Highway, Bridgeville, DE 19933

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    Land in Bridgeville, Delaware
    $249,000
    8.94 Acres
    Land in Bridgeville, Delaware

    Land for sale in Bridgeville, DE with subdivision potential.

    RESIDUAL LOT SEASHORE Highway, Bridgeville, DE 19933

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    Land in Bridgeville, Delaware
    $125,000
    2.00 Acres
    Land in Bridgeville, Delaware

    Land available in Bridgeville, DE with subdivision potential.

    SEASHORE Highway lot: 4, Bridgeville, DE 19933

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    Pasadena, MD Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Pasadena, MD on our real estate platform. These investment opportunities span a total of 3,000 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2

    Demographics Overview

    Population 62K
    Population Growth (5Y) +1.9%
    Median Household Income $121,732
    College Educated 22.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21122 $599K

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $18.58 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anne Arundel County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Pasadena fall within the 25,000 to 50,000 square foot range.

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