Residential Income

Annapolis, MD Residential Income Properties for Sale

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Renovated Triplex with Separate Entrances
Updated: Apr 10
Renovated Triplex with Separate Entrances

805 SPA Road, Annapolis, MD 21401

$1,148,000
2,800 sqft 0.23 AC lot
Three‑unit property with 9 bedrooms and 4.5 bathrooms
2,800 square feet on a 0.23‑acre lot
Separate entrances for all 3 units
Renovated with new wiring, plumbing, flooring, HVAC, kitchens, and bathrooms
Parking available for up to 8 cars
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Historic Furnished Triplex
Updated: Dec 5, 2025
Historic Furnished Triplex

165 KING GEORGE Street, Annapolis, MD 21401

$1,200,000
2,649 sqft 0.04 AC lot
Three‑unit property with 2,649 square feet on a 0.0434‑acre lot
Built in 1900 with original wood floors, historic brick accents, and high ceilings
Three independent units with separate entrances and distinct floor plans
Basement includes storage, HVAC equipment, and shared laundry
All units convey furnished with appliances, beds, linens, furniture, and housewares
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Updated Waterfront Income Property
Updated Waterfront Income Property

2016 QUAY VILLAGE CT #T2, Annapolis, MD 21403

$549,900

Two-bedroom residence with Chesapeake Bay views and access to extensive waterfront community amenities.

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Residential Income Property with Garage Parking
Residential Income Property with Garage Parking

5 PARK PLACE Unit: 603, Annapolis, MD 21401

$649,900
1,206 sqft

Updated two-bedroom condominium includes a fully renovated kitchen, hardwood floors, and access to extensive community amenities.

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Two-Bedroom Residential Income Property
Two-Bedroom Residential Income Property

5 PARK PL #414, Annapolis, MD 21401

$564,900

Condominium residence with secure parking, fitness and recreation amenities, and convenient access to Annapolis shops and dining.

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Residential Income Property with Elevator
Residential Income Property with Elevator

66 FRANKLIN ST #418, Annapolis, MD 21401

$995,000

Downtown condominium with garage parking, two primary suites, and access to resident-focused amenities.

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Ground-Level Residential Income Property
Ground-Level Residential Income Property

10 HEARTHSTONE CT #B, Annapolis, MD 21403

$300,000

Updated condominium with an open living area, private patio, community pool, and fitness center.

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Furnished 3-Unit Triplex
Furnished 3-Unit Triplex

165 King George St, Annapolis, MD 21401

$1,200,000
2,649 sqft

Three finished levels include furnished apartments, shared laundry, basement storage, and a fenced rear patio.

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Waterfront Residential Income Property
Waterfront Residential Income Property

774 FAIRVIEW AVE #F, Annapolis, MD 21403

$545,000

Renovated top-floor residence with two bedrooms, two baths, and a private balcony overlooking Back Creek.

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Elevator-Accessible Residential Income Property
Elevator-Accessible Residential Income Property

1516 ENYART WAY #304, Annapolis, MD 21409

$480,000

Third-floor condominium with two bedrooms, a loft, covered terrace, garage storage, and access to community amenities.

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Elevator-Accessible Residential Income Property
Elevator-Accessible Residential Income Property

1516 ENYART WAY #304, Annapolis, MD 21409

$480,000
1,516 sqft

Maintained 55+ condominium with a loft, covered terrace, garage access, and community recreation amenities.

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Residential Income Property with Pool
Residential Income Property with Pool

5 PARK PL #431, Annapolis, MD 21401

$475,000

One-bedroom condominium with updated systems, elevator access, and community amenities in Annapolis.

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Updated Lower-Level Income Property
Updated Lower-Level Income Property

2159 SCOTTS CROSSING CT #1, Annapolis, MD 21401

$330,000

Private patio access complements an open interior with wooded views and a kitchen featuring Silestone counters and stainless appliances.

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Waterfront Income Property Condo
Waterfront Income Property Condo

15 PRESIDENT POINT DRIVE Unit: B2, Annapolis, MD 21403

$975,000
1,250 sqft

The residence includes two bedrooms, two bathrooms, dual outdoor decks, and access to shared recreational amenities.

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Ground-Floor Residential Income Property
Ground-Floor Residential Income Property

205-D VICTOR PKWY #205D, Annapolis, MD 21403

$249,999

Two-bedroom, two-bath condo with updated finishes, in-unit laundry, and a full interior renovation.

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Two-Bedroom Residential Income Property
Two-Bedroom Residential Income Property

5 PARK PLACE Unit: 506, Annapolis, MD 21401

$720,000
1,328 sqft

Condominium residence with an open living-and-dining arrangement, wood flooring, and access to shared recreational amenities.

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Waterfront Residential Income Property
Waterfront Residential Income Property

1 PRESIDENT POINT DRIVE Unit: A1, Annapolis, MD 21403

$825,000

Entry-level condominium with Spa Creek views, two patios, and access to extensive waterfront and recreational amenities.

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Waterfront Residential Income Property
Waterfront Residential Income Property

6 SPA CREEK LANDING Unit: B2, Annapolis, MD 21403

$699,000

Second-floor condominium with Spa Creek views, a balcony, fireplace, marina access, and community recreation amenities.

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Waterfront Residential Income Property
Waterfront Residential Income Property

7048 HARBOUR VILLAGE COURT Unit: 202, Annapolis, MD 21403

$625,000

Updated residential property with a flexible loft, wraparound deck, and access to Chesapeake Harbour community amenities.

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Marina-View Residential Income Property
Marina-View Residential Income Property

2102 CHESAPEAKE HARBOUR DRIVE E Unit: 202, Annapolis, MD 21403

$685,000

Gated condominium residence with an open layout, high ceilings, and flexible loft space overlooking the main living area.

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Waterfront Residential Income Property
Waterfront Residential Income Property

6 PRESIDENT POINT DRIVE Unit: B3, Annapolis, MD 21403

$975,000

Two-bedroom condominium with loft space, water views, and access to community recreation.

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Updated Residential Income Property
Updated Residential Income Property

2052 QUAKER WAY Unit: 10, Annapolis, MD 21401

$345,000

Two-bedroom, two-bath condo with a renovated kitchen and convenient access to major Annapolis-area routes.

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Waterfront Residential Income Property
Waterfront Residential Income Property

2020 QUAY VILLAGE COURT Unit: T1, Annapolis, MD 21403

$650,000

One-bedroom waterfront residence with private patio access and extensive community amenities.

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Waterfront Residential Income Property
Waterfront Residential Income Property

5 PRESIDENT POINT DRIVE Unit: A2, Annapolis, MD 21403

$799,000

One-bedroom condominium with water views, private balconies, and access to extensive community amenities.

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Annapolis, MD Residential Income Properties Market Trends and Statistics

Explore 63 residential income properties for sale in Annapolis, MD, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 13,398 square feet of properties for sale, with an estimated market value of $26,471,099.

Sale prices for residential income properties in Annapolis, MD start at $190,000, averaging $575,458, and reaching up to $1,200,000 — 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

Multifamily properties 13
Apartment buildings 8
Triplexes 4
Short term rental properties 3
Duplexes 1

Demographics Overview

Population 95K
Population Growth (5Y) -6.2%
Median Household Income $123,100
College Educated 52.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21403 $577.7K
21409 $581.3K
21401 $594K

Taxes & Financing

Tax Rate (average for all types) 1.18%
Property Tax per SF $9.08 per SF
Tax Rate vs County Average 0.09 pp above 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 Annapolis fall within the 100,000+ square foot range.

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