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
53 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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Waterfront Duplex with Boat Slips
Updated: Apr 16
Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

$1,199,900
2,532 sqft 0.13 AC lot
Waterfront 2‑unit property built in 1956 with canal and bay views and waterfront/navigable water access
2 private boat slips included; fenced‑in yard plus a private deck on the lower unit overlooking the water
Unit mix: 3BR/3BA first‑floor unit and 2BR/1BA second‑floor unit with private entrances
Recent interior updates include recently renovated kitchens, new LVP flooring, updated lighting fixtures, and fresh paint
Detached garage plus driveway and off‑street/ on‑street parking options
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Updated Four-Unit Coastal Quadplex
Updated Four-Unit Coastal Quadplex

205 10TH Street, Ocean City, MD 21842

$839,900
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 Property with Parking
Residential Income Property with Parking

106 PHILADELPHIA AVENUE, 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 Residential Income Condo
Updated Residential Income Condo

8500 COASTAL HWY #602, Ocean City, MD 21842

$540,000

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

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

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

$1,409,900
4,048 sqft

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

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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 One-Bedroom Condo
Furnished One-Bedroom Condo

3 140TH ST #104, Ocean City, MD 21842

$285,000

Updated coastal residence with balcony, in-unit laundry, and convenient access to the beach.

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Updated Multi-Unit Property and Buildable Lot
Updated Multi-Unit Property and Buildable Lot

205 10TH St, Ocean City, MD 21842

$839,900
2,744 sqft 0.31 AC lot

Updated multi-unit property with development opportunity near Ocean City's beach.

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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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Residential Income Condominium with Patio
Residential Income Condominium with Patio

105 120TH ST #76, Ocean City, MD 21842

$280,000

Two-bedroom coastal unit with fenced outdoor space and access to extensive community amenities.

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

504 SEAWEED LANE #A, Ocean City, MD 21842

$345,000
832 sqft

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

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Ocean-Block Residential Income Property
Ocean-Block Residential Income Property

7604 COASTAL HWY #2C, Ocean City, MD 21842

$400,000

Updated kitchen, bay views, elevator access, community pool, and covered parking support owner use and rental activity.

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Two-Bedroom Income Condominium
Two-Bedroom Income Condominium

105 120TH ST #84, Ocean City, MD 21842

$295,000

Coastal condominium with an open living area, fenced outdoor space, and community recreation amenities.

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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 #5, Ocean City, MD 21842

$449,000

Two-bedroom condominium with a private boat slip, bay access, and a balcony oriented toward the waterfront.

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Corner Multifamily Property
Corner Multifamily Property

5601 COASTAL HIGHWAY, Ocean City, MD 21842

$1,200,000
1,810 sqft

Built in 2010 with a heat pump and on-site parking.

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Oceanfront Three-Bedroom Income Property
Oceanfront Three-Bedroom Income Property

10300 COASTAL HWY #1610, Ocean City, MD 21842

$530,000

Furnished condominium with dual balconies, bay-facing bedrooms, and access to a maintained community pool.

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Updated Multifamily Property For Sale
Updated Multifamily Property For Sale

207 Saint Louis Avenue, Ocean City, MD 21842

$1,800,000
3,960 sqft

Updated multifamily property with income potential in Ocean City, MD.

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Renovated Two-Bedroom Condo
Renovated Two-Bedroom Condo

14301 TUNNEL AVE #1B, Ocean City, MD 21842

$315,000

Turnkey coastal residence with upgraded systems, smart-home features, and a private outdoor deck.

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Second-Floor Income Property
Second-Floor Income Property

300 ROBIN DRIVE #216, Ocean City, MD 21842

$230,000
496 sqft

Updated air conditioning and kitchen appliances support everyday residential use.

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Studio Residential Income Property
Studio Residential Income Property

202 32ND ST #204, Ocean City, MD 21842

$164,990

Open-plan coastal condo with a full kitchen, updated bathroom, and in-unit laundry hookup.

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Ocean City, MD Residential Income Properties Market Trends and Statistics

Explore 54 residential income properties for sale in Ocean City, MD, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 43,599 square feet of properties for sale, with an estimated market value of $38,447,489.

Sale prices for residential income properties in Ocean City, MD start at $134,500, averaging $739,374, 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 34
Short term rental properties 13
Apartment buildings 12
Quadplexes 5
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 $829.2K

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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