Residential Income

Parsonsburg, MD Residential Income Properties for Sale

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Pittsville, MD Salisbury, MD Willards, MD
Parsonsburg Duplex For Sale
Updated: Apr 28
Parsonsburg Duplex For Sale

33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

$260,000
2,128 sqft · 0.16 AC lot
Duplex property: Great for rental income or multi‑generational living.
Two units, each with 2 beds and 1 bath: Comfortable living spaces in both units.
Month‑to‑month lease agreement in place: Immediate rental income potential.
Stick‑built construction
Driveway parking: Convenient off‑street parking.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Parsonsburg, 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.

Cape Cod Triplex with Off-Street Parking
Cape Cod Triplex with Off-Street Parking

803 E STATE Street, Delmar, DE 19940

$322,000
2,560 sqft · 0.23 AC lot

Three-unit Cape Cod triplex with off-street parking and recent system and appliance updates, suited for steady rental occupancy.

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Delmar Multifamily Property on Route 13
Delmar Multifamily Property on Route 13

9091 Ocean Hwy, Delmar, MD

$595,000
1.70 AC lot

Six-unit apartment complex on 1.7 acres with highway frontage.

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Condo Townhome Near Medical Complex
Condo Townhome Near Medical Complex

1801 WOODBROOKE Dr 1801, Salisbury, MD 21804

$600,000

Three-bedroom condo townhome near Route 50 and Woodbrooke medical complex.

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Multifamily Portfolio Near Salisbury University
Multifamily Portfolio Near Salisbury University

100 Cedar Crossing Rd, Salisbury, MD 21804

$11,950,000

58 units, 228 bedrooms near Salisbury University campus.

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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.

Prime Land in Pittsville, MD
Prime Land in Pittsville, MD

34350 MAIN Street, Pittsville, MD 21850

$212,000
3.03 AC lot

3+ acre lot in Pittsville, convenient location near school.

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Acre Ready to Build On
Acre Ready to Build On

PEPPERBOX lot: #4, Laurel, DE 19956

$119,000
1.00 AC lot

Cleared acre ready for building a stick-built or modular dwelling.

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Residential Homesite in Holly Hill
Residential Homesite in Holly Hill

HOLLY HILL Court lot: 12, Fruitland, MD 21826

$92,000
0.57 AC lot

Buildable homesite with public water and sewer available and privacy provided by trees along the rear.

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Spacious Lot Near Delaware Beaches
Spacious Lot Near Delaware Beaches

LAUREL RD, Millsboro, DE 19966

$122,000
0.85 AC lot

Ready to build your dream home near boating and shopping.

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Parsonsburg, MD Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Parsonsburg, MD on our real estate platform. These investment opportunities span a total of 2,128 square feet of properties for sale, with an estimated market value of $260,000.

Sale prices for residential income properties in Parsonsburg, MD start at $260,000, averaging $260,000, and reaching up to $260,000 — 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

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 3,845
Population Growth (5Y) +16.6%
Median Household Income $74,966
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21849 $260K

Taxes & Financing

Tax Rate (average for all types) 0.74%
Property Tax per SF $46.84 per SF
Tax Rate vs County Average 0.23 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wicomico County

New Delisted

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