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    Parsonsburg, MD
    Residential Income

    Parsonsburg, MD Residential Income Properties for Sale

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    Pittsville, MD Salisbury, MD Willards, MD Delmar, MD Delmar, DE Laurel, DE Whaleyville, MD Berlin, MD
    Two-Unit Duplex Rental
    Updated: Apr 28
    Two-Unit Duplex Rental

    33023 OLD OCEAN CITY Road, Parsonsburg, MD 21849

    $260,000
    2,128 sqft 0.16 AC lot
    2,128‑square‑foot duplex with two residential units
    Each unit includes 2 bedrooms and 1 bathroom
    Currently rented on a month‑to‑month basis
    Built in 1920 with stick‑built construction
    Situated on a 0.1604‑acre lot
    View details
    Two-Unit Duplex Rental
    Updated: Apr 29
    Two-Unit Duplex Rental

    33023 Old Ocean City Rd, Parsonsburg, MD 21849

    $260,000
    2,128 sqft
    2,128‑square‑foot duplex with two residential units
    Each unit includes 2 bedrooms and 1 bathroom
    Upper- and lower‑level unit configuration
    Current month‑to‑month lease agreement must be honored by the new owner
    Sold as‑is, where‑is
    View details
    See hot listings in Parsonsburg

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Duplex With Separate Electric Meters
    Duplex With Separate Electric Meters

    5 W CHESTNUT Street, Delmar, MD 21875

    $219,900
    1,386 sqft 0.20 AC lot

    Fully rented two-unit property with separate electric meters and tenant-paid utilities.

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    Duplex with Separate Electric Meters
    Duplex with Separate Electric Meters

    5 West Chestnut Street, Delmar, MD 21875

    $219,900
    1,386 sqft

    Income-producing duplex with leased units, individual electric metering, and durable exterior improvements.

    View details
    136-Unit Garden-Style Apartment Community
    136-Unit Garden-Style Apartment Community

    1500 Sharen Dr, Salisbury, MD 21804

    Contact for pricing
    123,877 sqft

    Established garden-style community with unit upgrades, resident amenities, and individually metered electric utilities.

    View details
    Multifamily Portfolio Near Salisbury University
    Multifamily Portfolio Near Salisbury University

    100 Cedar Crossing Rd, Salisbury, MD 21804

    Contact for pricing

    58 units, 228 bedrooms near Salisbury University campus.

    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.

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

    LOT 4A 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.

    View details
    Secluded Homesite in Whaleyville, Maryland
    Secluded Homesite in Whaleyville, Maryland

    LOT 7 BELL RD, Whaleyville, MD 21872

    $169,750
    8.00 AC lot

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

    View details
    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.

    View details

    Parsonsburg, MD Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Parsonsburg, MD on our real estate platform. These investment opportunities span a total of 4,256 square feet of properties for sale, with an estimated market value of $520,000.

    Sale prices for residential income properties in Parsonsburg, MD average $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 2
    Multifamily properties 2

    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%

    Total CRE Inventory on Market (SF)

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