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Downtown Annapolis Multifamily Homes & Duplexes for Sale

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  • /23

    $675,000

    • Studio
    • 2,300 Sq Ft

    212 Duke of Gloucester St, Annapolis, MD 21401

    Welcome to 212 Duke of Gloucester- a prime development opportunity in the heart of historic Annapolis-- Steps away from Church circle, this 2300 sqft split level property built in 1946 is ready for your vision. This property is ideal for visionary investors or developers seeking to create a signature residential, commercial, or mixed-use project. While the zoning is C2P which allows both

    Ronald Howard RE/MAX Advantage Realty

    212 Duke of Gloucester St, Annapolis, MD 21401
  • /49

    $1,475,000

    • Studio
    • 2,649 Sq Ft

    165 King George St, Annapolis, MD 21401

    Back on the market with a DRAMATIC price improvement!! Welcome to your truly turnkey 3-unit investment property in the HEART of Annapolis!! All 3 units come FULLY furnished, down to the spoons and forks!! Literally STEPS away from the Naval Academy main gate and downtown Annapolis!! Unit 1 is a 1 bedroom, 1 bathroom unit with a family room and a full eat-in kitchen w/ dishwasher. You will

    Scott Schuetter Berkshire Hathaway HomeServices PenFed Realty

    165 King George St, Annapolis, MD 21401

Why Live in Downtown Annapolis

Downtown Annapolis is a historic neighborhood radiating from Church Circle, featuring tree-shaded streets and a Colonial-era waterfront near the U.S. Naval Academy. The area is known for its picturesque properties, including Colonial Revival townhouses and detached homes from the 1800s, as well as newer condos that maintain early American stylings. Home prices vary significantly based on size, age, and location, with historic and waterfront properties commanding the highest prices. Residents enjoy several parks, such as Susan Campbell Park and Acton's Cove Waterfront Park, offering scenic views and shaded areas. Annapolis Waterworks Park has recently expanded its trail network, fostering a sense of community among outdoor enthusiasts. The neighborhood is bustling with things to do, including dining at local favorites like Galway Bay Irish Restaurant and Pub, and attending events like the annual Oyster Roast and Sock Burning. Despite the scarcity of parking, the area is highly walkable, with bus routes and water taxis providing convenient transportation options. Schools in the area are highly rated, with Wiley H. Bates Middle, Annapolis High, and St. Mary's School offering quality education. The crime rate is lower than the national average, contributing to the neighborhood's appeal.

Home Trends in Downtown Annapolis, MD

Housing Trends

Median Sale Price
$388,000
Median Single Family Sale Price
$346,000
Median 2 Bedroom Sale Price
$785,000
Average Price Per Sq Ft
$353
Number of Homes for Sale
2
Last 12 months Home Sales
28
Months of Supply
0.90
Median List Price
$589,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-29%
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