Multifamily

Westover, MD Multifamily Properties for Sale

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Multi-Unit Historic Property
Updated: Jun 24
Multi-Unit Historic Property

7625 OLD WESTOVER MARION Road, Westover, MD 21871

$1,375,000
1,999 sqft 71.40 AC lot
Historic Eastern Shore main house built circa 1711, with later 18th‑century additions and original glazed brick pattern work on the north end
Renovated in 2021 and converted into two units, each with its own living space, kitchen, entrance, and deck
Two fireplaces in the main house, including a stone fireplace in the living room
On 71.4 acres with 32 acres of woodlands and 37 tillable acres, plus trails and deer blinds
Additional guest house renovated in 2021: 1 bedroom, 1.5 bath, open concept layout, with attached 1‑car garage and separate laundry/utility room
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Historic Short-Term Rental Farm Property
Updated: May 8
Historic Short-Term Rental Farm Property

7625 Old Westover Marion Road, Westover, MD 21871

$1,375,000
1,999 sqft 71.40 AC lot
Historic first phase built circa 1711 with eighteenth‑century additions
Main house renovated in 2021 into two rental units with separate entrances and decks
“Martha’s Cottage” and “Mary’s Cottage” each have their own living space and kitchens
Separate 2021 renovated one‑bedroom guest house with attached one‑car garage
71.4‑acre property with two ponds, trails, and deer blinds
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Westover, 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.

Leased Triplex Near Route 13
Leased Triplex Near Route 13

11528 BECKFORD Ave, Princess Anne, MD 21853

$160,000
0.29 AC lot

Fully leased triplex with redevelopment potential near Route 13.

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Large Crisfield Home For Sale
Large Crisfield Home For Sale

326 PINE St, Crisfield, MD 21817

$90,000
0.28 AC lot

Spacious 6-bedroom home, potential duplex conversion, currently rented.

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36-Unit Apartment Building
36-Unit Apartment Building

11367 Greenwood School Road, Princess Anne, MD 21853

Contact for pricing
2.30 AC lot

Class C/D multifamily complex on about 2.3 acres with public water and sewer and tenants in place.

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Waterfront Investment Opportunity in Crisfield
Waterfront Investment Opportunity in Crisfield

0 BROADWAY St, Crisfield, MD 21817

$450,000
0.21 AC lot

Waterfront property with multiple income streams and stunning views.

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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.

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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Turnkey Camping Property in Horntown
Turnkey Camping Property in Horntown

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

$163,500
0.16 AC lot

High-end camping with access to numerous amenities.

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Chincoteague Island Lot with Utilities
Chincoteague Island Lot with Utilities

2339 BAY BREEZE DR lot: 44, Chincoteague, VA 23336

$104,900
0.05 AC lot

Residential lot with utilities near Curtis Merritt Harbor.

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Chincoteague Island Mobile Home Lot
Chincoteague Island Mobile Home Lot

SEAHORSE DR lot: 6B, Chincoteague, VA 23336

$145,000
0.12 AC lot

Vacant lot near beach, boating, and wildlife areas.

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Westover, MD Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Westover, MD on our real estate platform. These investment opportunities span a total of 3,998 square feet of properties for sale, with an estimated market value of $2,750,000.

Sale prices for multifamily properties in Westover, MD average $1,375,000 — 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

Short term rental properties 2
Triplexes 1

Demographics Overview

Population 4,883
Population Growth (5Y) -17.3%
Median Household Income $52,064
College Educated 14.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21871 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.11%
Property Tax per SF $43.31 per SF
Average Loan-to-Value 65.0%

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