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Sold for $1,200,000
  • $1,200,000

    15 57th St, Ocean City, MD 21842

    8beds
    --baths
    2,560sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $1,200,100 Zestimate®
    $469/sqft
    $1,524 Estimated rent

    Home value

    $1,200,100

    $1.09M - $1.32M

    $1,524/mo

    Zestimate® history
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    $1,524/mo

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    $1,524/mo

    Rent Zestimate®

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    $5,833/mo

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    $5,833/mo

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    What's special

    Free parking
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Zackary Keenan 443-880-3416,

    Keller Williams Realty

    Bought with:

    Hersh Kapoor, 0225253870

    RE/MAX Realty Centre, Inc.

    Source: Bright MLS,MLS#: MDWO2035116MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,560
    • Total interior livable area: 2,560 sqft

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: Other
    Features
    • Pool features: None
    Lot
    • Size: 6,000 Square Feet
    • Features: Corner Lot
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410769134
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Coastal
    • Property subtype: Quadruplex
    Materials
    • Advanced Framing
    • Foundation: Permanent
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1965
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Cable

    Community & HOA

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $469/sqft
    • Tax assessed value: $741,367
    • Annual tax amount: $10,376
    • Date on market: 12/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Furniture Included
    • Ownership: Fee Simple
    • Total actual rent: 100000

    Price history

    DateEventPrice
    6/23/2026Sold$1,200,000-5.9%$469/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    5/26/2026Contingent$1,275,000$498/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    5/18/2026Price change$1,275,000-0.8%$498/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    5/11/2026Price change$1,285,000-0.8%$502/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    4/9/2026Price change$1,295,000-4%$506/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    3/18/2026Listed for sale$1,349,000-3.3%$527/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    2/12/2026Contingent$1,395,000$545/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    12/1/2025Listed for sale$1,395,000$545/sqft
    Source: Bright MLS #MDWO2035116 Report a problem
    2/20/2025Listing removed$1,395,000$545/sqft
    Source: Bright MLS #MDWO2019490 Report a problem
    9/7/2024Price change$1,395,000-6.7%$545/sqft
    Source: Bright MLS #MDWO2019490 Report a problem
    6/21/2024Price change$1,495,000-6.3%$584/sqft
    Source: Bright MLS #MDWO2019490 Report a problem
    3/16/2024Listed for sale$1,595,000+120%$623/sqft
    Source: Bright MLS #MDWO2019490 Report a problem
    1/9/2019Listing removed$725,000$283/sqft
    Source: Condominium Realty LTD #MDWO101486 Report a problem
    12/5/2018Listed for sale$725,000$283/sqft
    Source: Condominium Realty LTD #MDWO101486 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • High: Stephen Decatur
    • District: Worcester County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,200,100
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    With Zillow Showcase(estimated)
    $1,224,102