15 57th St

Ocean City, MD 21842

$1,395,000
Price
—
Beds
—
Baths
2,560 Sq. Ft.
$545 / Sq. Ft.
2,560
Sq. Ft.
$545
per Sq. Ft.
a front view of a building with a porch
a front view of a house with a yard
a city view
an aerial view of a city
a city view
a picture of city view with city view
an aerial view of a house with a swimming pool and outdoor seating
a view of a balcony with wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and wooden floor
a kitchen with a table chairs refrigerator a sink dishwasher and cabinets
a kitchen with granite countertop white cabinets and stainless steel appliances
a kitchen with a sink stove and refrigerator
a bedroom with a bed and a night stand
a bedroom with a bed and a lamp on dresser
a bathroom with a sink a toilet and a bathtub
a bedroom with a bed and a lamp on dresser
a spacious bedroom with a bed and a lamp on table
a view of a balcony with wooden floor
a living room with furniture and a table
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a kitchen with stainless steel appliances a stove a microwave and a refrigerator
a kitchen with a refrigerator sink and stainless steel appliances
a bedroom with a bed and a dresser
a bedroom with a bed and a mirror
a bathroom with a granite countertop toilet a sink a mirror a shower curtain and a window
a bedroom with a bed and a window
a bedroom with a bed and a chandelier
a view of a building from a balcony
a living room with furniture and a flat screen tv
a living room with furniture and a refrigerator
a living room with furniture wooden floor and a window
a view of a dining room with furniture window and wooden floor
a living room with furniture and a flat screen tv
a kitchen with granite countertop white cabinets and white appliances
a kitchen with a sink and a stove top oven
a bedroom with a bed and a window
a bedroom with a bed and a lamp on dresser
a bedroom with a large bed and a dresser
a bathroom with a sink a toilet and a bathtub
a bedroom with a bed and a closet
a bedroom with a bed and window
a view of a balcony with wooden floor
a car parked in front of a building
a view of a house with a snow on the wall
a front view of a house with a yard
a front view of a house with a yard

Description

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...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.
  1. Listed by Zackary Keenan • Keller Williams Realty
    P: (443)-880-3416 southernsurfin9@gmail.com

Property Details for 15 57th Street

Tax ID Number
2410769134
Ownership
Fee Simple
Structure Type
Detached
Style
Coastal
Waterfront
No
Garage
No
Building Name
NONE AVAILABLE (OCEAN CITY MD)
Municipality
Ocean City
LISTING UPDATED: 12/02/2025 11:31 PM

Property Details for 15 57th Street

StatusActive
MLS #MDWO2035116
Days on Market21
Taxes$10,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1965
Lot Size0.14 AC / 6,000 SF
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 15 57th Street

Stories-Residences4Year Built1965Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$7,758 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,893

Property Taxes

$865

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 57th Street

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: Listing Agent
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • County: WORCESTER
  • MLS Area: Ocean Block (82)
  • OC Cross Street: 57
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $741,367
  • Year Assessed: 2024
  • County Tax: $6,265
  • City Town Tax: $3,281
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: M
  • Zoning: R3
  • Tax Lot: 23
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: All Utilities
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Units Furnished: All
  • Units Leased Count: 4
  • Rent Control: No
Financial Information
Expenses
  • Trash Expense: $0
  • Pest Control Expense: $375
  • Pool Expense: $0
  • Other Expense: $0
Financial Information
  • Gross Income: $110,000
  • Annual Rental Income: $100,000
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 15 57th Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

BRIGHT #MDWO2035116

$1,395,000—
Aug 8, 2025

Expired

BRIGHT #MDWO2019490

—
Feb 20, 2025

Withdrawn

BRIGHT #MDWO2019490

—
Sep 7, 2024

Price Change

BRIGHT #MDWO2019490

$1,395,000—
Jun 21, 2024

Price Change

BRIGHT #MDWO2019490

$1,495,000—
Mar 5, 2024

Listed (Active)

BRIGHT #MDWO2019490

$1,595,000—
Jan 2, 2017

Expired

BRIGHT #1000817178

—
Dec 13, 2014

Listed (Active)

BRIGHT #1000817178

$649,900—
DateEvent & SourcePrice
12/01/2025

Listed (Active)

BRIGHT #MDWO2035116

$1,395,000
08/08/2025

Expired

BRIGHT #MDWO2019490

—
02/20/2025

Withdrawn

BRIGHT #MDWO2019490

—
09/07/2024

Price Change

BRIGHT #MDWO2019490

$1,395,000
06/21/2024

Price Change

BRIGHT #MDWO2019490

$1,495,000
03/05/2024

Listed (Active)

BRIGHT #MDWO2019490

$1,595,000
01/02/2017

Expired

BRIGHT #1000817178

—
12/13/2014

Listed (Active)

BRIGHT #1000817178

$649,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 57th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$9,374 ($781 / month)
Home Facts
Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965ZoningR3CountyWORCESTERAPN10-769134

Schools near 15 57th Street

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Ocean City Elementary School
Public - PK to 4
Berlin Intermediate School
Public - 5 to 6
Stephen Decatur Middle School
Public - 7 to 8
Stephen Decatur High School
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 15 57th Street, Ocean City, MD 21842

15 57th Street is a multi-family home for sale in Ocean City, MD 21842. This property was listed for sale on December 1, 2025 by Keller Williams Realty, it's currently listed at $1,395,000. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 15 57th Street is a 0-bed, 0-bath, 2,560 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/02/2025 11:31 PM