406 14Th Street
Ocean City, MD, 21842 $ 1,199,000
Bedrooms8 Baths0.0 Monthly Estimate*
$ 7,382
for $1,199,000 with 8 bedrooms. This home was built in 1960 on a lot size of 0.1.
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.
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FeaturesGeneralLiving Area 4605
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Natural Gas Available Sewer Available
Possession Settlement
Zoning R-2
Garage Spaces 2.00
Architectural Style Other
Construction Materials Brick
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions None
Year Built 1960
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Accessibility None
County WORCESTER
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions 14th Street West North side of street.
City OCEAN CITY
Number Of Units Total 4
MLS Area Bayside Interior (83)
Lot Size Units Square Feet
Lot Size Square Feet 4200.00
Tax Annual Amount 6074.0
Property Condition Very Good
Trash Expense 0.00
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 260.37
Historic Y/N N
Vacation Rental Y/N N
Lease Type Owner Occupied Weekly
Standard Status Pending
Year Built Source Assessor
Tax Lot 7
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InteriorHeating Fuel Electric Natural Gas
Flooring Carpet Vinyl
Hot Water Electric Instant Hot Water
Total Stories 0
Furnished Units All
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Parking Features Concrete Driveway
Water Source Public
Garage Features Garage - Side Entry
Type of Parking Attached Garage
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.10
Road Surface Type US Highway/Interstate
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty DelmarvaBroker
rich@richdifilippo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,382
- Monthly Property Taxes
- $506
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Ocean City, MD
Average List Price $1,595,393
Percent of Sale Price 33%
About Ocean City, MD 7,846 Population
-23% Since 2002
$ 59,005 Median Income
50.85 Median Age
15% Households with Children
Trends Information provided by ATTOM Data Solutions.
3534738 Elementary School
3535750 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/2/2025 | $1,199,000 | -7.70% | Price Down |
| 9/28/2025 | $1,299,000 | | Listed Price |