Property

Ocean City, MD 21842 406 14Th Street

$1,199,000

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Presented By: Keller Williams Realty Delmarva
  • MLS# MDWO2033574
  • 09/28/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Garage • 2

Home Details

This well-maintained four-unit property offers updated systems, modern amenities, and excellent rental potential. Local Rental Company estimates $122,000 seasonal rental income. Unit 1, located on the first floor at the front of the building, features three bedroomstwo with queen beds and one with a twin bedalong with a brand-new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 is a unique two-level layout connected by a spiral staircase, with a queen bedroom upstairs, kitchen on the lower level, electric baseboard heat, and window unit cooling. The owners Unit 4 occupies the second-floor front and boasts two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater installed in 2025. Unit 5, at the rear of the second floor, includes two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spacesalongside the building, in front of the garage, and beneath the west-side deckplus additional street parking. Guests also enjoy access to two shared laundry rooms, and the building is supported by a roof replaced in 2014. This versatile setup makes the property appealing for both owner-occupants and investors seeking strong rental income.
Presented By: Keller Williams Realty Delmarva

Interior Features for 406 14Th Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet, Vinyl
Furnished UnitsAll
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterElectric, Instant Hot Water
Total Stories

General for 406 14Th Street

AccessibilityNone
Architectural StyleOther
CityOCEAN CITY
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWORCESTER
Directions14th Street, West, North side of street.
ExclusionsNone
Garage Spaces2.00
Garage Y/NYes
HeatingHeat Pump(s)
Historic Y/NNo
Lease TypeOwner Occupied, Weekly
Living Area4605
Lot Size Square Feet4200.00
Lot Size UnitsSquare Feet
MLS AreaBayside Interior (83)
MunicipalityOcean City
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG260.37
Property ConditionVery Good
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount6074.0
Tax Assessed Value479533.0
Tax Lot7
Tax Year2024
Total SQFT4605
Trash Expense0.00
Two Bedroom2
UtilitiesNatural Gas Available, Sewer Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningR-2

Exterior for 406 14Th Street

# of Attached Garage Spaces2
Foundation DetailsBlock
Garage FeaturesGarage - Side Entry
Land Assessed Value0.00
Land Use CodeCR
Lot Dimensions0.00 x 0.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesConcrete Driveway
PoolNo Pool
Road Frontage Length0
Road Surface TypeUS Highway/Interstate
Total Parking Spaces2
Type of ParkingAttached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,199,000
MLS#MDWO2033574
List Date 09/28/2025
Property Type Multi-Family
Phone 703.929.4729
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