Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Ceiling Fan(s), Built-in Features, Open Floorplan

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2744.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s), Ductless, Gas, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Balcony, Lighting

  • Parking

    On Street, Private, Gravel, Lighted, Parking Lot

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City, Street

Area & Lot

  • Lot Features

    Corner Lot, Cleared, Level

  • Lot Size(acres)

    0.31

  • Lot Size(square feet)

    13519.0

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Coastal

Price

  • Sales Price

    $1,329,900

  • Tax Amount

    $6,743

  • Sq. Footage

    2, 744

  • Price/SqFt

    $484

HOA

  • Association

    No

School District

  • Elementary School

    OCEAN CITY

  • Middle School

    STEPHEN DECATUR

  • High School

    STEPHEN DECATUR

Property Features

  • New Construction

    NO

  • Association Amenities

    Playground

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Tax Lot

    11

  • Water Source

    Public

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Location

County

WORCESTER

Elementary School

OCEAN CITY

Middle School

STEPHEN DECATUR

High School

STEPHEN DECATUR

Listing Courtesy of Spike Sands , Berkshire Hathaway HomeServices PenFed Realty - OP

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Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City’s entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being installed in Unit 5. 

The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you’re an investor seeking reliable cash flow or a developer looking to build in one of the East Coast’s most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.

205 10TH STREET

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Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fenced-in yard.  Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table.  Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value.
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This bayfront, income-producing multi-unit property on 75th Street in Ocean City, MD presents a rare opportunity to own a unique compound overlooking Assawoman Bay. Situated on two parcels, Tax ID #2410086868 and Tax ID #2410086841, the property includes three separate buildings offering exceptional water views from each structure and strong rental performance potential.

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Located just blocks from the ocean with direct bay access only steps away for paddleboarding or kayaking, this property delivers both the lifestyle renters seek and the income investors value. With large decks, stunning bay sunsets, and a flexible multi-building layout, this is a rare midtown Ocean City waterfront compound offering immediate income and long-term upside. Professional photos to follow.
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