Residential Income

Greensboro, MD Residential Income Properties for Sale

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Goldsboro, MD Ridgely, MD Felton, DE Denton, MD Harrington, DE Hillsboro, MD Henderson, MD Marydel, DE
Residential Development Land Opportunity
Updated: Jun 18
Residential Development Land Opportunity

MILL & LINCOLN Street, Greensboro, MD 21639

$85,000
0.74 AC lot
3 parcels in the Town of Greensboro, sold together as a unit (seller does not want to separate).
Includes a dwelling present in the center of the parcels—abandoned and in need of tear down or possible major renovation.
Water/sewer is reportedly hooked up on one parcel, which may reduce or eliminate no tap fee costs.
Parcels are believed to total approximately 0.74 acres (more or less).
Property is in a Critical Area IDA zone and is being sold strictly as‑is.
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Three-Unit Apartment Building
Updated: May 20, 2025
Three-Unit Apartment Building

517 W SUNSET AVENUE, Greensboro, MD 21639

$345,000
Fully leased three‑unit apartment building built in 1965
Unit mix: two 2 bed/1 bath apartments and one 1 bed/1 bath apartment
Lot has been approved for an additional building
Leasing income after expenses supports debt service
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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 Greensboro, 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.

Income-Producing Duplex with Flexible Zoning
Income-Producing Duplex with Flexible Zoning

23-25 CLARK St, Harrington, DE 19952

$399,000
0.15 AC lot

Two-unit duplex offering immediate rental income and long-term upside.

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Mixed-Use Income Property
Mixed-Use Income Property

310 Main Street, Marydel, MD 21649

Contact for pricing
3,600 sqft

Four fully rented apartments plus additional office space, with updated interiors, multiple water heaters, and extensive metering.

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Multifamily Property with Office Space
Multifamily Property with Office Space

310 MAIN St, Marydel, MD 21649

$499,000

Four residential units plus office space, fully rented.

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Development Land with Outbuilding
Development Land with Outbuilding

1.67 Acres RT 13, Harrington, DE 19952

$369,900
1.67 AC lot

1.67-acre development site with an existing home and a 40' x 60' outbuilding along Route 13.

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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.

Ridgely, MD Wooded Lot
Ridgely, MD Wooded Lot

BURNT MILL Road, Ridgely, MD 21660

$125,000
2.40 AC lot

2.4-acre wooded lot in Ridgely, MD, ready for your dream home.

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Goldsboro Wooded Homesite with Pond
Goldsboro Wooded Homesite with Pond

5.281 ACRES SCHULYER RD, Goldsboro, MD 21636

$159,900
5.28 AC lot

5.28-acre wooded homesite with wildlife pond views in Goldsboro, MD.

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2.5-Acre Wooded Lot in Ridgely
2.5-Acre Wooded Lot in Ridgely

BURNT MILL Road, Ridgely, MD 21660

$125,000
2.54 AC lot

Serene 2.5-acre wooded lot in Ridgely, MD, perc approved.

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2.3-Acre Wooded Lot in Ridgely
2.3-Acre Wooded Lot in Ridgely

BURNT MILL Road, Ridgely, MD 21660

$125,000
2.31 AC lot

Serene 2.3-acre wooded lot ready for your dream home.

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Greensboro, MD Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Greensboro, MD on our real estate platform.

Sale prices for residential income properties in Greensboro, MD start at $85,000, averaging $215,000, and reaching up to $345,000 — 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 2
Quadplexes 1
Single family properties 1
Triplexes 1

Demographics Overview

Population 4,621
Population Growth (5Y) -0.4%
Median Household Income $59,274
College Educated 17.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21639 $215K

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $32.42 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

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