LKV Realty
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$1,300,000
$6,000Reward *
106 PHILADELPHIA AVENUE, OCEAN CITY, MD 21842Listing ID MDWO2040236

106 PHILADELPHIA AVENUE, OCEAN CITY, MD 21842

Active
NONE AVAILABLE
Last updated: Aug 1, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,080
Acres
Acres
0.08
Days on Site
Days on Site
17
Cooling
Cooling
Ceiling Fan(s), Window Unit(s)
Heating
Heating
Baseboard - Electric
Year Built
Year Built
1930

Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

Property Information

Property Details

Location

Address
106 PHILADELPHIA AVENUE
City
OCEAN CITY
Zip Code
21842
Subdivision
NONE AVAILABLE
High School
STEPHEN DECATUR
MLS Area
Ocean Block (82)

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
1
Full Bathrooms
3

Building

Building Information

Square Feet
2,080
Year Built
1930
Construction
Other
Foundation
Crawl Space

Property Taxes

Tax Annual Amount
$3,022
Tax Year
2019
Coldwell Banker Realty, (443) 856-2211

Market Report for 21842

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Bright MLS
Bright MLS logo

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which it participates, and is provided by BRIGHT through a licensing agreement. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Copyright 2026 Bright MLS, Inc. Data last updated: 17 Aug 2026, 08:28 PM UTC

For corrections to this data please contact Brytecore MLS Support.

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