Coastal

205 10TH STREET

OCEAN CITY , MD 21842

MLS#: MDWO2032146

$1,329,900

Status: Active
Listing number: MDWO2032146
Listing provided by: Berkshire Hathaway HomeServices PenFed Realty - OP
Listing agent phone: None
Last update: a month ago
On site: 3 months ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

2,744

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. 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.

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

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    City, Street

Area & Lot

  • Lot Features

    Corner Lot, Cleared, Level

  • Lot Size(acres)

    0.31

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Coastal

Price

  • Sales Price

    $1,329,900

  • Tax Amount

    6743.0

  • 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

  • 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. 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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