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    Berlin, MD Residential Income Properties for Sale

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    Income-Producing Duplex in Historic Berlin
    Updated: May 15
    Income-Producing Duplex in Historic Berlin

    104 FRANKLIN Avenue, Berlin, MD 21811

    $595,000
    1,936 sqft 0.35 AC lot
    2‑unit building with a 3‑bedroom, 1‑bath layout on each level
    Both apartments are fully leased through February and March 2027
    Totally renovated within the past 10 years
    0.35‑acre lot with a rear yard and several mature shade trees
    Parking for over 8 vehicles in the driveway, plus on‑street parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    104 FRANKLIN Avenue, BERLIN, MD 21811

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $290K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
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    Residential Development Land Parcel
    Updated: Jul 22
    Residential Development Land Parcel

    10403 DOE, Berlin, MD 21811

    $203,000
    1.00 AC lot
    1‑acre parcel on Doe Drive that is level and mostly cleared
    Existing double‑wide sold as‑is, with no value conveyed
    Includes an existing well and septic (condition unknown)
    Located on a quiet no‑thru street with no HOA
    Near Route 50, downtown Berlin, and West Ocean City (buyer to verify distances)
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    Duplex Investment Opportunity in Berlin
    Duplex Investment Opportunity in Berlin

    128 BRANCH St, Berlin, MD 21811

    $249,900

    Duplex near downtown Berlin and Ocean City beaches.

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    RV Park Lot with Water and Sewer Hookups
    RV Park Lot with Water and Sewer Hookups

    54 SALT SPRAY Dr, Berlin, MD 21811

    $100,000

    RV lot in White Horse Park with on-site water and sewer hookups and access to park amenities.

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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 12 Potential Opportunities for your consideration. Besides 4 Active listings in Berlin, 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.

    Renovated Quadplex with Parking
    Renovated Quadplex with Parking

    62 W CHURCH Street, Selbyville, DE 19975

    $799,900
    2,500 sqft 0.20 AC lot

    Renovated quadplex with parking for each unit and upgraded systems, currently rented year-round.

    View details
    Renovated Quadplex: Investor Opportunity
    Renovated Quadplex: Investor Opportunity

    62 W CHURCH St, Selbyville, DE 19975

    $799,900

    Extensively renovated quadplex with strong income potential in high-demand rental market.

    View details
    Harbor Road Investment Opportunity
    Harbor Road Investment Opportunity

    12817 HARBOR ROAD, Ocean City, MD 21842

    $6,600,000
    0.55 AC lot

    West Ocean City investment opportunity: restaurant, apartments, parking, marina.

    View details
    West Ocean City Two-Bedroom Residence
    West Ocean City Two-Bedroom Residence

    12024 OCEAN Gtwy LOT 20, Ocean City, MD 21842

    $134,500

    Two-bedroom, two-bath residence near beaches, shopping, and dining.

    View details

    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.

    Secluded Homesite in Whaleyville, Maryland
    Secluded Homesite in Whaleyville, Maryland

    Lot 7 Bell Road, Whaleyville, MD 21872

    $199,750
    8.00 AC lot

    8-acre homesite offers opportunity to build your dream home.

    View details
    Waterfront Land in South Point
    Waterfront Land in South Point

    NEWPORT BAY Drive lot: 27, Berlin, MD 21811

    $299,000
    8.10 AC lot

    8.1 acre waterfront lot with building envelope survey completed.

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    2.7-Acre Lot in Synepuxent Landing
    2.7-Acre Lot in Synepuxent Landing

    SOUTH HILLS Drive lot: #20, Berlin, MD 21811

    $535,000
    2.70 AC lot

    Cleared 2.7-acre lot with marina access near Assateague Island.

    View details
    Updated Quadplex with Adjacent Buildable Lot
    Updated Quadplex with Adjacent Buildable Lot

    205 10TH Street, Ocean City, MD 21842

    $1,329,900
    2,744 sqft 0.31 AC lot

    Fully updated four-unit property plus an adjacent buildable lot offers move-in-ready units and expansion flexibility near the beach.

    View details

    Berlin, MD Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Berlin, MD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,936 square feet of properties for sale, with an estimated market value of $1,147,900.

    Sale prices for residential income properties in Berlin, MD start at $100,000, averaging $286,975, and reaching up to $595,000 — 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 4
    Duplexes 2
    Mobile home & RV parks 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +2.4%
    Median Household Income $91,293
    College Educated 49.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21811 $315K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $21.14 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Berlin fall within the Under 2,500 square foot range.

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