Salisbury, MD Multifamily Properties for Sale

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Updated: Jul 24

Two-Unit Duplex Investment

231 NEWTON Street, Salisbury, MD 21801

$330,000

1,736 sqft 0.13 AC lot

Certified duplex with 2 separate units in Salisbury’s Historic District
First‑floor unit: 2 bedrooms, 1 full bathroom, living room, full kitchen
Second‑floor unit: 3 bedrooms, 1 full bathroom, living room, full kitchen with private rear entrance via rear staircase
Brick construction with central air and a heat pump for heating
On‑street parking

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Updated: Apr 24

Historic 9-Unit Apartment Building

507 Camden Ave, Salisbury, MD 21801

$799,000

8,228 sqft

Prime downtown location in Salisbury, Maryland with a high walkability score of 79.
Strong rental appeal to medical professionals, students, and those seeking an urban lifestyle.
Nine units comprised of three 2‑bedroom and six 1‑bedroom apartments.
Each unit includes a private kitchen and full bathroom.
Separately metered electric service and individual gas‑fired hot water boilers for each unit.

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Certified Two-Unit Duplex

231 NEWTON STREET, Salisbury, MD 21801

$330,000

1,736 sqft

Two separate duplex units offer independent living with kitchens and multiple bedrooms.

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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.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Multifamily Property with Parking

208 West Isabella Street, Salisbury, MD 21801

$244,500

2,636 sqft

R10-zoned property within Salisbury city limits with on-site parking and no pool.

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Two-Story Apartment Building with 21 Units

224 Phillip Morris Drive, Salisbury, MD 21804

$4,400,000

40,017 sqft

Two-story apartment building renovated in 2024 and zoned LBI, featuring 21 units and fully occupied living space.

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Mixed-Use Building With Four Apartments

231 W Main Street, Salisbury, MD 21801

Contact for pricing

3,636 sqft

Downtown property combines ground-level commercial space with residential accommodations on the upper floor.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Student Housing Portfolio For Sale

101 Cedar Crossing, Salisbury, MD 21804

$11,950,000

Student housing portfolio near Salisbury University with assumable debt.

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Renovated Mixed-Use Building

310 Hammond St, Salisbury, MD 21804

Contact for pricing

Two-level property combines apartment residences with office suites, separate entrances, on-site parking, and storage bays.

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Multifamily Portfolio Near Salisbury University

100 Cedar Crossing Rd, Salisbury, MD 21804

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58 units, 228 bedrooms near Salisbury University campus.

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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 9 Active listings in Salisbury, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, 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.

Delmar Duplex: Investment Opportunity

5 W CHESTNUT Street, Delmar, MD 21875

$219,900

1,386 sqft 0.20 AC lot

Low-maintenance duplex in Delmar with established tenants and immediate cashflow.

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Two-Unit Duplex Rental

33023 Old Ocean City Rd, Parsonsburg, MD 21849

$260,000

2,128 sqft

Two-level rental property with matching two-bedroom, one-bath layouts on each floor.

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Rented Duplex with Two 2-Bed Units

33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

$260,000

2,128 sqft 0.16 AC lot

Duplex with two 2-bedroom, 1-bath units, currently rented month to month and sold as-is.

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Delmar Multifamily Property on Route 13

9091 Ocean Hwy, Delmar, MD

Contact for pricing

1.70 AC lot

Six-unit apartment complex on 1.7 acres with highway frontage.

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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.

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

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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Off-Market Properties in Salisbury, MD

Consider similar Off-Market properties in Salisbury, 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.

APARTMENT HOUSE (5+ UNITS)

105 Winterborn Ln, Salisbury, MD 21804-2037

$5,495,000

Estimated value

6,223 sqft 15.20 AC lot

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APARTMENT HOUSE (5+ UNITS)

1007 Lk St, Salisbury, MD 21801-3257

$710,000

Estimated value

29,170 sqft 2.79 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

1013 Riverhouse Dr, Salisbury, MD 21801-2552

$775,000

Estimated value

5,536 sqft 4.45 AC lot

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APARTMENT HOUSE (100+ UNITS)

130 Ocean Aisle Cir, Salisbury, MD 21804-2016

Value Estimation by Request

15,180 sqft 15.20 AC lot

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APARTMENT HOUSE (5+ UNITS)

1004 Ee Rd, Salisbury, MD 21801-3164

$450,000

Estimated value

6,624 sqft 6.44 AC lot

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APARTMENT HOUSE (5+ UNITS)

1022 Riverhouse Dr, Salisbury, MD 21801-2541

$425,000

Estimated value

5,536 sqft 3.53 AC lot

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APARTMENT HOUSE (5+ UNITS)

1009 Riverhouse Dr, Salisbury, MD 21801-2536

$675,000

Estimated value

8,304 sqft 6.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

1117 Parsons Rd, Salisbury, MD 21801-7400

$595,000

Estimated value

7,076 sqft 6.80 AC lot

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APARTMENT HOUSE (5+ UNITS)

216 Milford St, Salisbury, MD 21804-6917

Value Estimation by Request

38,424 sqft 4.92 AC lot

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APARTMENT HOUSE (5+ UNITS)

1002 Riverhouse Dr, Salisbury, MD 21801-2488

$545,000

Estimated value

5,536 sqft 6.04 AC lot

View details

Multifamily properties

100 Cedar Xing Rd, Salisbury, MD 21804

Value Estimation by Request

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Multifamily properties

230 Lakewood Dr, Salisbury, MD 21804

Value Estimation by Request

2,688 sqft 0.34 AC lot

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Multifamily properties

304 Glen Ave, Salisbury, MD 21804

Value Estimation by Request

40,981 sqft 4.54 AC lot

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APARTMENT HOUSE (5+ UNITS)

27722 Nanticoke Rd, Salisbury, MD 21801-1608

$560,000

Estimated value

1,804 sqft 99.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

1302 Jersey Rd, Salisbury, MD 21801-1199

$380,000

Estimated value

6,000 sqft 8.34 AC lot

View details

Salisbury, MD Multifamily Properties Market Trends and Statistics

Explore 26 multifamily properties for sale in Salisbury, MD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 57,989 square feet of properties for sale, with an estimated market value of $18,053,500.

Sale prices for multifamily properties in Salisbury, MD start at $244,500, averaging $3,008,916, and reaching up to $11,950,000 — 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

Demographics Overview

Population 70K

Population Growth (5Y) -1.1%

Median Household Income $68,129

College Educated 21.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
21801	$528.2K
21804	$5.5M

Taxes & Financing

Tax Rate (average for all types) 0.97%

Property Tax per SF $15.38 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wicomico County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salisbury fall within the 100,000+ square foot range.

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Salisbury, MD Multifamily Properties for Sale

231 NEWTON Street, Salisbury, MD 21801

507 Camden Ave, Salisbury, MD 21801

231 NEWTON STREET, Salisbury, MD 21801

208 West Isabella Street, Salisbury, MD 21801

224 Phillip Morris Drive, Salisbury, MD 21804

231 W Main Street, Salisbury, MD 21801

101 Cedar Crossing, Salisbury, MD 21804

310 Hammond St, Salisbury, MD 21804

100 Cedar Crossing Rd, Salisbury, MD 21804

Opportunities in Nearby Cities

5 W CHESTNUT Street, Delmar, MD 21875

33023 Old Ocean City Rd, Parsonsburg, MD 21849

33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

9091 Ocean Hwy, Delmar, MD

Potential Development Sites for Consideration

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

WALLOPS DRIVE lot: 153, Horntown, VA 23395

Off-Market Properties in Salisbury, MD

105 Winterborn Ln, Salisbury, MD 21804-2037

1007 Lk St, Salisbury, MD 21801-3257

1013 Riverhouse Dr, Salisbury, MD 21801-2552

130 Ocean Aisle Cir, Salisbury, MD 21804-2016

1004 Ee Rd, Salisbury, MD 21801-3164

1022 Riverhouse Dr, Salisbury, MD 21801-2541

1009 Riverhouse Dr, Salisbury, MD 21801-2536

1117 Parsons Rd, Salisbury, MD 21801-7400

216 Milford St, Salisbury, MD 21804-6917

1002 Riverhouse Dr, Salisbury, MD 21801-2488

100 Cedar Xing Rd, Salisbury, MD 21804

230 Lakewood Dr, Salisbury, MD 21804

304 Glen Ave, Salisbury, MD 21804

27722 Nanticoke Rd, Salisbury, MD 21801-1608

1302 Jersey Rd, Salisbury, MD 21801-1199

Salisbury, MD Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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