15 57th St Ocean City, MD 21842
Estimated payment $8,210/month
Highlights
- Coastal Architecture
- Corner Lot
- Forced Air Heating and Cooling System
- Ocean City Elementary School Rated A
About This Home
What else do you need? Incredible investment opportunity for a owner who would like to have 4 FULLY furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!! ***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.
Listing Agent
(443) 880-3416 southernsurfin9@gmail.com Keller Williams Realty License #RS-0025036 Listed on: 12/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,376
Year Built
- Built in 1965 | Remodeled in 2021
Lot Details
- 6,000 Sq Ft Lot
- Corner Lot
Parking
- Off-Street Parking
Home Design
- 2,560 Sq Ft Home
- Quadruplex
- Coastal Architecture
- Permanent Foundation
- Advanced Framing
- Architectural Shingle Roof
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 2410769134
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $1,395,000 | +103.6% | $545 / Sq Ft | |
| 03/29/2019 03/29/19 | Sold | $685,000 | -5.5% | $1,070 / Sq Ft | View Prior Sale |
| 02/22/2019 02/22/19 | Pending | -- | -- | -- | |
| 10/17/2018 10/17/18 | For Sale | $725,000 | -- | $1,133 / Sq Ft |
Source: Bright MLS
MLS Number: MDWO2035116
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