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    Pasadena, MD Residential Income Properties for Sale

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    Millersville, MD Severna Park, MD Glen Burnie, MD
    Pasadena Multi-Unit Investment Opportunity
    $599,000
    3,000 SF

    Pasadena Multi-Unit Investment Opportunity

    151 RIVIERA Drive, Pasadena, MD 21122

    Three-unit property in Riviera Beach with income potential.

    • Water‑privileged community featuring a sandy beach, boat ramp, pier, community parks, and walking paths.
    • Licensed three‑unit property with strong income potential in a highly walkable location.
    • Opportunity to convert to a single‑family home with an attached in‑law suite (with county permitting).
    • Fenced corner lot with detached garage (potential income).
    • Each unit has separate occupancy and lead inspection certifications, ceiling fans, and air conditioning.
    Updated: Oct 16, 2025
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Pasadena, MD, we suggest exploring several alternatives:

    Pasadena, MD Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Pasadena, MD on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for residential income properties in Pasadena, MD start at $599,000, averaging $599,000, and reaching up to $599,000 — 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

    Multifamily properties 2
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Pasadena fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 62K
    Population Growth (5Y) +1.9%
    Median Household Income $121,732
    College Educated 22.0%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    21122 $599K

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $18.58 per sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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