106 Philadelphia Ave, OCEAN CITY, MD

$1,300,000

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2,080

Square feet

0.08

Acres

About 106 Philadelphia Ave

Prime Downtown Ocean City Investment Opportunity – 106 Philadelphia Avenue 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.

Features of 106 Philadelphia Ave

MLS® # MDWO2040184
Price $1,300,000
Bathrooms 0.00
Square Footage 2,080
Acres 0.08
Year Built 1930
Type Multi-Family
Sub-Type Duplex,Detached
Style Other
Status Active

Community Information

Address 106 Philadelphia Ave
Area Ocean Block
Subdivision NONE AVAILABLE
City OCEAN CITY
County WORCESTER-MD
State MD
Municipality Ocean City
Zip Code 21842

Amenities

Amenities Attic, Carpet, Ceiling Fan(s), Entry Level Bedroom
Is Waterfront No

Interior

Appliances Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater
Heating Baseboard - Electric
Cooling Ceiling Fan(s), Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Other
Construction Other
Foundation Crawl Space

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS
High STEPHEN DECATUR

Additional Information

Date Listed August 1st, 2026
Days on Market 43
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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