Residential Income

Ocean City, MD Residential Income Properties for Sale

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Berlin, MD Ocean Pines, MD Bishopville, MD Fenwick Island, DE Selbyville, DE Newark, MD Frankford, DE Whaleyville, MD
67 properties
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Bayfront Multifamily Compound
Updated: Mar 27
Bayfront Multifamily Compound

112 / 114-A 75TH Street, Ocean City, MD 21842

$1,409,900
4,048 sqft 0.30 AC lot
Bayfront compound on 0.2984 acres overlooking Assawoman Bay
Three buildings on two parcels with 4,048 square feet of improvements
Four units totaling 12 bedrooms and nine full bathrooms
13 off‑street parking spaces plus on‑street parking
New roof, new siding on two buildings, raised foundations, and interior renovations
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Three-Unit Multifamily Property
Updated: Oct 16
Three-Unit Multifamily Property

12 44TH Street, Ocean City, MD 21842

$1,599,000
3,213 sqft 0.07 AC lot
Two duplex residences, each with 3 bedrooms, 2 full baths, and a half bath
Separate 1‑bedroom apartment above a detached 4‑car garage
3,213 square feet on 0.0689 acres
Oceanblock location, steps from the beach
Built in 2000 with concrete and masonry construction
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Waterfront Duplex with Boat Slips
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,099,900
2,532 sqft 0.13 AC lot

Two separately entered residences feature renovated kitchens, enclosed sunroom areas, and private outdoor space.

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See hot listings in Ocean City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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5-Unit Apartment Building
5-Unit Apartment Building

503 N Baltimore Ave, Ocean City, MD 21842

$1,300,000
4,728 sqft

A covered porch and fenced front yard add outdoor space to the five-unit property.

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Bayfront Residential Income Property
Bayfront Residential Income Property

205 SOMERSET ST #311B, Ocean City, MD 21842

$750,000

The three-bedroom condominium has two balconies, an updated kitchen, and access to a shared pool, sun deck, and docks.

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Ocean-View Condominium
Ocean-View Condominium

13110 COASTAL HWY #409, Ocean City, MD 21842

$585,000

A two-bedroom residence in an oceanfront community includes a private balcony and access to shared recreation amenities.

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Oceanfront Vacation Rental Condo
Oceanfront Vacation Rental Condo

6007 ATLANTIC AVE #205, Ocean City, MD 21842

$500,000

Two bedrooms, two full baths, and a private balcony serve owners and guests in this coastal residence.

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Bayfront Income-Producing Multi-Unit Property
Bayfront Income-Producing Multi-Unit Property

112 / 114-A 75TH ST, Ocean City, MD 21842

$1,409,900
4,048 sqft

Waterfront compound with strong rental potential in Ocean City, MD.

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Furnished Oceanfront Condominium
Furnished Oceanfront Condominium

11500 COASTAL HWY #315, Ocean City, MD 21842

$624,900

The three-bedroom residence includes an ocean-facing balcony and is offered with furniture and electronics.

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Ocean-View Residential Income Property
Ocean-View Residential Income Property

7 136TH ST #N803, Ocean City, MD 21842

$640,000

Coastal residence with an expansive balcony, open living areas, and access to a community pool and lounge.

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Residential Income Property with Parking
Residential Income Property with Parking

106 PHILADELPHIA AVE, Ocean City, MD 21842

$1,300,000
2,080 sqft

Built in 1930 with electric baseboard heat, window units, and a practical mix of interior appliances.

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Updated Four-Unit Coastal Quadplex
Updated Four-Unit Coastal Quadplex

205 10TH Street, Ocean City, MD 21842

$799,000
2,744 sqft 0.31 AC lot

Renovated four-unit property with private outdoor spaces and walkable access to Ocean City’s beach and Boardwalk.

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Residential Income Condominium
Residential Income Condominium

11500 COASTAL HWY #1000, Ocean City, MD 21842

$1,325,000

A wraparound balcony extends outdoor living space from the east-facing rooms.

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Three-Residence Multifamily Property
Three-Residence Multifamily Property

12 44th St, Ocean City, MD 21842

$1,599,000
3,213 sqft

Two duplex residences and a garage apartment provide three separate living spaces in Ocean City’s oceanblock area.

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Oceanfront Residential Income Property
Oceanfront Residential Income Property

9900 COASTAL HWY #2505, Ocean City, MD 21842

$585,000

Top-floor condominium residence with two levels, dual-water views, private bedrooms, and balcony access.

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Furnished Studio Condo
Furnished Studio Condo

300 ROBIN DR #106, Ocean City, MD 21842

$225,000

An updated kitchen, private balcony, and in-unit laundry support convenient stays and rental use.

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Brand-New Bay-View Triplex
Brand-New Bay-View Triplex

116 78th St, Ocean City, MD 21842

$2,999,900
5,022 sqft

Three residences offer custom finishes, conditioned garages, and access to the bay and beach.

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Bayfront Residential Income Property
Bayfront Residential Income Property

181 JAMESTOWN RD #4, Ocean City, MD 21842

$475,000

Updated waterfront condominium with a private boat slip and covered porch overlooking the bay.

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Furnished Two-Bedroom Residential Unit
Furnished Two-Bedroom Residential Unit

207 144TH STREET #102, Ocean City, MD 21842

$254,900
660 sqft

Updated furnished unit with two bedrooms, one and a half baths, in-unit laundry, and one parking space.

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Ocean-View Income Property
Ocean-View Income Property

12101 ASSAWOMAN DR #107, Ocean City, MD 21842

$694,900

Three-bedroom condominium with two renovated baths, a private balcony, and access to a shared rooftop pool.

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Two-Bedroom Residential Income Condo
Two-Bedroom Residential Income Condo

504 SEAWEED LANE #A, Ocean City, MD 21842

$338,000
832 sqft

Furnished upper-level condo with two assigned parking spaces and convenient access to North Ocean City amenities.

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Bay-View Residential Income Property
Bay-View Residential Income Property

119 OLD LANDING RD #304D6, Ocean City, MD 21842

$430,000

Updated two-bedroom condo with an enclosed three-season porch, community pool, and on-site management.

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Waterfront Duplex with Boat Slips
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,099,900
2,532 sqft

Renovated two-unit property with canal and bay views, private entrances, and flexible seasonal or annual use options.

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Updated Residential Income Condo
Updated Residential Income Condo

8500 COASTAL HWY #602, Ocean City, MD 21842

$480,000

Two full baths, dual water views, and a private balcony complement the refreshed interior.

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Ocean City, MD Residential Income Properties Market Trends and Statistics

Explore 68 residential income properties for sale in Ocean City, MD, showcased through 67 active listings on our real estate platform. These investment opportunities span a total of 47,342 square feet of properties for sale, with an estimated market value of $45,493,089.

Sale prices for residential investment properties in Ocean City, MD start at $134,500, averaging $689,289, and reaching up to $2,999,900 — 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 35
Short term rental properties 15
Apartment buildings 9
Quadplexes 4
Duplexes 2

Demographics Overview

Population 11K
Population Growth (5Y) +4.2%
Median Household Income $75,372
College Educated 27.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21842 $631.4K

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $5.96 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

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