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Annapolis, MD 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 Annapolis

Steeped in maritime heritage, Annapolis combines historic colonial charm with modern waterfront living. The United States Naval Academy stands as a cornerstone of the city, where visitors can explore "The Yard" and see midshipmen in training. The Maryland State House, featuring the largest wooden dome constructed without nails in the U.S., represents the oldest state capitol in continuous legislative use. Downtown's Main Street leads to City Dock, known as "Ego Alley," where boats parade through the harbor against a backdrop of waterfront restaurants like Carrol's Creek Cafe and Chart House.

The Annapolis real estate market presents diverse housing options across distinct neighborhoods. Downtown Annapolis features historic properties with a median single family home price of $1,447,500. The waterfront community of Eastport commands a median single family home price of $1,102,500. West Annapolis Wardour provides a more suburban feel with a median single family home price of $790,000. The citywide median sale price stands at $615,000, with townhomes at $485,000 and condos ranging from $343,000 for one bedroom to $399,000 for two bedrooms.

Property taxes in Annapolis remain competitive at 0.85%, lower than Baltimore's 1.48%. The Maryland state income tax rate is 4.75%, with an additional Anne Arundel County tax rate of 2.81%. The education landscape includes several highly rated private institutions such as Indian Creek School and Key School, both rated A plus by Niche. South River High School stands out among public options with an A rating. Commuters benefit from Annapolis Transit bus service and water taxis, with Washington D.C. and Baltimore each approximately 30 miles away. The climate features humid summers and mild winters, with 47 inches of annual rainfall and 13 inches of snow.

Home Trends in Annapolis, MD

Housing Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$1,033,403
Median Townhouse Sale Price
$574,500
Median 2 Bedroom Sale Price
$467,500
Median 1 Bedroom Sale Price
$489,900
Average Price Per Sq Ft
$381
Number of Homes for Sale
39
Last 12 months Home Sales
326
Months of Supply
1.40
Median List Price
$600,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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