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For sale
    • $1,329,900

    205 10th St, Ocean City, MD 21842

    8beds
    --baths
    2,744sqft
    : 
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    Quadruplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $485/sqft
    $-- HOA

    What's special

    Four move-in-ready unitsInterior upgrades throughoutNew roofUpdated appliances
    Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City’s entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being installed in Unit 5. The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you’re an investor seeking reliable cash flow or a developer looking to build in one of the East Coast’s most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location. 980,000 for the house and 350,000 for the lot
    349 days
    |
    516
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Spike Sands 443-235-0489,

    Berkshire Hathaway HomeServices PenFed Realty - OP 4102083500

    Source: Bright MLS,MLS#: MDWO2032146MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      Basement
      • Area: 0
      Heating
      • Wall Unit, Baseboard, Natural Gas, Electric
      Cooling
      • Ductless, Ceiling Fan(s), Window Unit(s), Natural Gas, Electric
      Appliances
      • Included: Microwave, Built-In Range, Trash Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater, Electric Water Heater, Gas Water Heater
      Features
      • Additional Stairway, Breakfast Area, Built-in Features, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan, Eat-in Kitchen, Upgraded Countertops, Dry Wall
      • Flooring: Ceramic Tile, Luxury Vinyl, Wood
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,744
      • Total interior livable area: 2,744 sqft

      Property

      Parking
      • Parking features: Crushed Stone, Enclosed, Free, Lighted, Private, On Street, Parking Lot
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Deck
      • Exterior features: Lighting, Play Area, Sidewalks, Street Lights, Balcony
      • Pool features: None
      • Has view: Yes
      • View description: City, Street
      • Waterfront features: Bayblock
      • Frontage type: Road Frontage
      Lot
      • Size: 0.31 Acres
      • Features: Cleared, Corner Lot, Level, Premium
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410035104
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Coastal
      • Property subtype: Quadruplex
      Materials
      • Frame
      • Foundation: Crawl Space, Block
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1950
      • Major remodel year: 2022

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Cable Available, Phone Available

      Community & HOA

      Community
      • Security: Fire Escape
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $485/sqft
      • Tax assessed value: $481,800
      • Annual tax amount: $6,743
      • Date on market: 8/1/2025
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Sold As Is
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,597/mo

        Price history

        DateEventPrice
        8/1/2025Listed for sale$1,329,900-46.8%$485/sqft
        Source: Bright MLS #MDWO2032146 Report a problem
        4/1/2025Listing removed$2,499,000$911/sqft
        Source: Bright MLS #MDWO2026102 Report a problem
        2/6/2025Price change$2,499,000-5.7%$911/sqft
        Source: Bright MLS #MDWO2026102 Report a problem
        10/16/2024Listed for sale$2,650,000+1125.7%$966/sqft
        Source: Bright MLS #MDWO2026102 Report a problem
        7/17/2012Sold$216,199-12.1%$79/sqft
        Source: Public Record Report a problem
        5/23/2012Price change$245,900-3.6%$90/sqft
        Source: GoHoming #WO7753281 Report a problem
        4/26/2012Price change$255,000-3.8%$93/sqft
        Source: GoHoming #WO7753281 Report a problem
        4/2/2012Price change$265,000-3.6%$97/sqft
        Source: GoHoming #WO7753281 Report a problem
        3/7/2012Price change$275,000-3.5%$100/sqft
        Source: GoHoming #WO7753281 Report a problem
        2/8/2012Price change$285,000-3.4%$104/sqft
        Source: GoHoming #WO7753281 Report a problem
        1/13/2012Listed for sale$295,000-39.2%$108/sqft
        Source: Altisource Portfolio Solutions Report a problem
        6/27/2011Sold$485,000+3.2%$177/sqft
        Source: Public Record Report a problem
        4/28/2006Sold$469,900+261.5%$171/sqft
        Source: Public Record Report a problem
        10/7/1996Sold$130,000$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,599 +12.7%$554,800 +15.2%
        2024$6,743 +17%$481,800 +17.9%
        2023$5,762 +9.2%$408,800
        2022$5,275 +9.9%$408,800 +20.4%
        2021$4,798 +11.3%$339,600 +11.3%
        2020$4,309 +2.9%$305,000
        2019$4,188 +4.5%$305,000 +7.5%
        2018$4,009 +3.9%$283,800 +3.9%
        2017$3,858 -33.4%$273,200
        2016$5,791 $273,200
        2015$5,791 $273,200 -13.3%
        2014$5,791 $315,000 -31.5%
        2013-- $459,700
        2012-- $459,700 -4.7%
        2011-- $482,500 +2.1%
        2010-- $472,432 +2.2%
        2009-- $462,316 +2.2%
        2008-- $452,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Boardwalk/Inlet

        Getting around

        63 / 100
        Somewhat Walkable
        72 / 100
        Very Bikeable

        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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