Residential Income

Severna Park, MD Residential Income Properties for Sale

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Residential Income Condominium
Updated: Aug 3
Residential Income Condominium

600 MCKINSEY PARK DRIVE Unit: 502, Severna Park, MD 21146

$400,000
1,231 sqft
1,404‑square‑foot condominium built in 1998
55+ residence with enclosed sunroom overlooking a pond and trees
HVAC dated 2026; refrigerator from 2025; washer from 2024
Coded building entry, community room, and resident activities
Storage shed; furnishings available
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Severna Park, 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.

Updated Triplex with Studio
Updated Triplex with Studio

3 Sheridan Rd, Arnold, MD 21012

$600,000
3,328 sqft

Three residential units offer varied layouts, including a studio and a unit with an attached one-car garage.

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Waterfront Triplex
Waterfront Triplex

1276 PEKIN Road, Pasadena, MD 21122

$499,000
1,680 sqft 0.19 AC lot

Three separate units provide individual living areas, kitchens, bedrooms, and bathrooms within a waterfront Cape Cod property.

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Patio-Level Residential Condo
Patio-Level Residential Condo

645 OAKLAND HILLS DRIVE Unit: 1B, Arnold, MD 21012

$308,000
1,003 sqft

Two bedrooms, two full baths, reserved parking, and a wooded patio create a practical, well-appointed home in Arnold.

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Waterfront Triplex
Waterfront Triplex

1276 PEKIN ROAD, Pasadena, MD 21122

$549,000

Three separately configured residential units include kitchens, living areas, bedrooms, and bathrooms.

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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.

Severna Park Buildable Land Parcel
Severna Park Buildable Land Parcel

331 RITCHIE Hwy, Severna Park, MD 21146

$290,000
0.69 AC lot

0.69 acre buildable lot in Severna Park, Maryland.

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Pasadena Land Parcel for Sale
Pasadena Land Parcel for Sale

MARYLAND Avenue, Pasadena, MD 21122

$289,900
2.57 AC lot

2.57 acre lot in Boulevard Park neighborhood, Pasadena, MD.

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Residential Land in Pines on Severn
Residential Land in Pines on Severn

1460 RIDGEWAY, Arnold, MD 21012

Contact for pricing
0.26 AC lot

0.26-acre homesite in Arnold, Maryland's desirable Pines on Severn.

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Waterfront Land with Development Potential
Waterfront Land with Development Potential

27 OLD SOUTH RIVER Road, Edgewater, MD 21037

$18,000,000
19.31 AC lot

26+ acres of waterfront property on the South River.

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Severna Park, MD Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Severna Park, MD on our real estate platform. These investment opportunities span a total of 1,231 square feet of properties for sale, with an estimated market value of $400,000.

Sale prices for residential investment properties in Severna Park, MD average $400,000 — 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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Demographics Overview

Population 28K
Population Growth (5Y) +1.7%
Median Household Income $169,835
College Educated 91.1%

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $5.89 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Anne Arundel County

New Delisted

Total CRE Inventory on Market (SF)

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