Beds
Baths
2,744 Sq. Ft.
$485 / Sq. Ft.
2,744
Sq. Ft.
$485
per Sq. Ft.

Description

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...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.
  1. Listed by Spike Sands • Berkshire Hathaway HomeServices PenFed Realty - OP
    P: (443)-235-0489 spikesands@gmail.com

Property Details for 205 10th Street

Tax ID Number
2410035104
Ownership
Fee Simple
Structure Type
Detached
Style
Coastal
Waterfront
No
Views
City, Street
Garage
No
Expected On Market Date
08-01-2025
LISTING UPDATED: 02/16/2026 11:50 PM

Property Details for 205 10th Street

StatusActive
MLS #MDWO2032146
Days on Market205
Taxes$6,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.31 AC / 13,519 SF
CountyWorcester County

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute

Building Information for 205 10th Street

Stories-Residences4Year Built1950Building Size-Lot Size0.31 AC / 13,519 SF

Payment Calculator

$7,044 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,482

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 10th Street

Location
Location
  • In City Limits: Yes
  • 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: Bayside Interior (83)
  • OC Cross Street: 10
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $481,800
  • Year Assessed: 2024
  • County Tax: $4,071
  • Improvement Assessed Value: $0
  • City Town Tax: $2,132
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: R-2
  • Tax Lot: 11
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Furnished: All
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • 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: Assessor
  • Lot Features: Cleared, Corner, Level, Premium, Road Frontage
  • Location Type: Bayblock
  • Parcel ID: 5400014
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
  • Parking Features: Crushed Stone, Fenced, Free, Lighted Parking, Private
Interior Features
Interior Features
  • Interior Features: Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Appliances: Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Natural Gas Available, Cable TV Available, Phone Available
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Natural Gas, Electric
  • Heating Type: Wall Unit, Baseboard - Electric
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.ocmdrealtor.com

Property History for 205 10th Street

DateEvent & SourcePriceAppreciation
Dec 31, 2025

Expired

BRIGHT #MDWO2026102

Aug 1, 2025

Listed (Active)

BRIGHT #MDWO2032146

$1,329,900
Apr 1, 2025

Withdrawn

BRIGHT #MDWO2026102

Feb 6, 2025

Price Change

BRIGHT #MDWO2026102

$2,499,000
Oct 15, 2024

Listed (Active)

BRIGHT #MDWO2026102

$2,650,000
Jun 29, 2012

Closed

BRIGHT #1001816334

$216,199
Jun 27, 2012

Closed (Public Record)

Public Record #334285106

$216,199

-53.4% / yr

May 24, 2012

Pending

BRIGHT #1001816334

Jan 12, 2012

Listed (Active)

BRIGHT #1001816334

$295,000
Jun 7, 2011

Closed (Public Record)

Public Record #310887149

$485,000

+0.6% / yr

Apr 26, 2006

Closed (Public Record)

Public Record #197795100

$469,900
Jul 21, 2005

Withdrawn

BRIGHT #1000738108

May 10, 2005

Listed (Active)

BRIGHT #1000738108

$759,900
DateEvent & SourcePrice
12/31/2025

Expired

BRIGHT #MDWO2026102

08/01/2025

Listed (Active)

BRIGHT #MDWO2032146

$1,329,900
04/01/2025

Withdrawn

BRIGHT #MDWO2026102

02/06/2025

Price Change

BRIGHT #MDWO2026102

$2,499,000
10/15/2024

Listed (Active)

BRIGHT #MDWO2026102

$2,650,000
06/29/2012

Closed

BRIGHT #1001816334

$216,199
06/27/2012

Closed (Public Record)

Public Record #334285106

$216,199

-53.4% / yr

05/24/2012

Pending

BRIGHT #1001816334

01/12/2012

Listed (Active)

BRIGHT #1001816334

$295,000
06/07/2011

Closed (Public Record)

Public Record #310887149

$485,000

+0.6% / yr

04/26/2006

Closed (Public Record)

Public Record #197795100

$469,900
07/21/2005

Withdrawn

BRIGHT #1000738108

05/10/2005

Listed (Active)

BRIGHT #1000738108

$759,900

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

Public Records for 205 10th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$5,762 ($480 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt2,744 SqFtAbove Grade Finished SqFt2,744 SqFtStories3Lot Size2,447 SqFtStyleSingle Family ResidenceYear Built1950ZoningR-2CountyWORCESTERAPN10-035104

Schools near 205 10th Street

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
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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205 10th Street is a multi-family home for sale in Ocean City, MD 21842. This property was listed for sale on August 1, 2025 by Berkshire Hathaway HomeServices PenFed Realty - OP, it's currently listed at $1,329,900. It has been on the market for a total of 205 days and was last sold on June 29, 2012. 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. 205 10th Street is a 0-bed, 0-bath, 2,744 sqft multi-family home built in 1950.

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 Berkshire Hathaway HomeServices PenFed Realty - OP

© 2026 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 02/16/2026 11:50 PM