Seller's Agent in 2026
Dawn Riley
RE/MAX
(443) 532-2430
6 in this area
232 Total Sales
TRI-PLEX - Opportunity to own a waterview investment property in the historic town of Benedict. This is a rare chance to secure multi 3-unit income in a waterview setting, with strong rental demand and zoning that opens the door for future possibilities. Properties like this do not come up often in Benedict.
This property sits one block from the Patuxent, on a spacious .45 acre lot with room for a boat, RV, and dedicated tenant parking. It includes a duplex plus a separate two story home, giving you three rentable units according to the tax records and flexible living options. You can live affordably in one unit and let the other two help pay the mortgage, or hold it strictly as an income-producing investment.
The zoning is Commercial Village, which allows both residential and certain commercial uses. That gives you long-term flexibility that most small multi-unit properties in Southern Maryland do not offer. Current rental structure *Duplex Unit 1: Leased at $1,350 per month. Tenant paid utilities. *Duplex Unit 2: $1,475 per month. Staying vacant for a new owner. Tenant paid utilities. *Two-story Unit 3: Estimated rent of $2,000 per month. Staying vacant for a new owner. Tenant paid utilities. Total potential monthly income: Approximately $5,800. The Landlord pays for the water. Tenants paid for all other utilities. The seller may rent the vacant properties month to month . The property also carries a second address, 7261 Benedict Ave, used for utilities only. This small waterfront town sits along the Patuxent River and has deep roots in Maryland history. Benedict was a key landing point for British troops during the War of 1812, and today it is known for its quiet streets, local seafood spots, and easy access to the river.
This is a successor trustee sale, and the property is being sold as-is. The trustee has no firsthand knowledge of the home, so no repairs or condition guarantees can be made. Buyers should rely on their own inspections and review the property carefully as part of their due diligence.
Last Agent to Sell the Property
(410) 535-6291 mdavis@davispalumbo.com RE/MAX One Brokerage Phone: 4105356291 Listed on: 12/05/2025
Last Buyer's Agent
(301) 445-5900 boykinremax@gmail.com RE/MAX Excellence Realty License #5003254
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Price Changed | $450,000 | 0.0% | $138 / Sq Ft |
| 02/18/2026 02/18/26 | Sold | $450,000 | -8.0% | $138 / Sq Ft |
| 12/05/2025 12/05/25 | For Sale | $489,000 | -- | $150 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,581 | $385,767 | -- | -- |
| 2024 | $5,164 | $367,633 | $0 | $0 |
| 2023 | $4,994 | $349,500 | $133,400 | $216,100 |
| 2022 | $4,626 | $330,900 | $0 | $0 |
| 2021 | $4,093 | $312,300 | $0 | $0 |
| 2020 | $4,093 | $293,700 | $110,900 | $182,800 |
| 2019 | $3,915 | $281,367 | $0 | $0 |
| 2018 | $3,711 | $269,033 | $0 | $0 |
| 2017 | $3,541 | $256,700 | $0 | $0 |
| 2016 | -- | $252,933 | $0 | $0 |
| 2015 | -- | $249,167 | $0 | $0 |
| 2014 | -- | $245,400 | $0 | $0 |
Seller's Agent in 2026
Dawn Riley
RE/MAX
(443) 532-2430
6 in this area
232 Total Sales
Buyer's Agent in 2026
Brian Boykin
RE/MAX
(240) 602-5378
1 in this area
20 Total Sales
Source: Bright MLS
MLS Number: MDCH2048666
APN: 09-003738
Ask me questions while you tour the home.