Residential Income

Royal Oak, MD Residential Income Properties for Sale

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Multifamily Property in Royal Oak
Updated: May 22
Multifamily Property in Royal Oak

7033 THORNETON Road, Royal Oak, MD 21662

$499,999
2,072 sqft · 0.50 AC lot
Two dwellings on one property at 7031 and 7033 Thorneton Road, both freshly painted with new LVT flooring upstairs.
7033 (front building) has 3 bedrooms and 2.5 baths with a great room, kitchen, powder room, screened porch, deck, and roof deck off the primary bedroom.
7031 is accessed via the back door off the deck overlooking woods and offers a great room plus a first‑floor bedroom and bath.
Dwellings share a well and have county sewer hookup.
Large attic area at 7031 could be developed into additional living space.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Royal Oak, 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.

Cambridge Duplex with Water Views
Cambridge Duplex with Water Views

206 MARYLAND Avenue, Cambridge, MD 21613

$179,900
2,484 sqft · 0.19 AC lot

Duplex in historic downtown Cambridge with water views and ample parking.

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Renovated Colonial Duplex in Easton
Renovated Colonial Duplex in Easton

140 S WASHINGTON St, Easton, MD 21601

$1,080,000
2,000 sqft

Updated duplex with high-end finishes, ideal for investment or residence.

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Two-Unit Multifamily Investment Opportunity
Two-Unit Multifamily Investment Opportunity

816 FAIRMOUNT Ave, Cambridge, MD 21613

$125,000

Two-unit multifamily property with investment potential in a convenient location.

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Lee Terrace Multifamily Investment
Lee Terrace Multifamily Investment

1-6-8 Lee Terrace, Easton, MD 21601

Contact for pricing

Fully occupied multifamily property with upside potential in Easton.

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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.

St. Michaels Building Lot Available
St. Michaels Building Lot Available

912 CALVERT AVE., Saint Michaels, MD 21663

$219,000
0.25 AC lot

Prime building lot near amenities in St. Michaels, Maryland.

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Waterfront Lot in Oxford, MD
Waterfront Lot in Oxford, MD

4480 BACHELORS POINT Road, Oxford, MD 21654

$1,945,000
2.96 AC lot

Build-ready 2.9-acre waterfront lot with panoramic river views.

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Waterfront Lot in Easton Club
Waterfront Lot in Easton Club

28522 WATERVIEW Drive, Easton, MD 21601

$699,000
0.57 AC lot

Buildable waterfront lot with new dock near downtown Easton.

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Easton Land Development Opportunity
Easton Land Development Opportunity

220 W DOVER Street, Easton, MD 21601

$150,000
0.36 AC lot

Prime 0.36-acre parcel in Easton's Central Business District.

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Royal Oak, MD Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Royal Oak, MD on our real estate platform. These investment opportunities span a total of 2,072 square feet of properties for sale, with an estimated market value of $499,999.

Sale prices for residential income properties in Royal Oak, MD start at $499,999, averaging $499,999, and reaching up to $499,999 — 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 612
Population Growth (5Y) +34.5%
Median Household Income $133,125
College Educated 75.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21662 $500K

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $24.82 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

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