#MDWC2015708, Jennifer Malcolm, Listing office: EXP Realty, LLC
Property details
About 225 Broad St
RARE INVESTMENT OPPORTUNITY – INCOME-PRODUCING MULTI-FAMILY HOME! Have you been looking for a versatile, income-generating property in the heart of downtown Salisbury? Now is the time! This charming two-unit multi-family home offers exceptional potential under its unique OSR zoning (Office, Service, Residential) — allowing for a wide range of uses including residential, office, or mixed-use purposes. This unique property provides an option to rent both units for maximum cash flow; live in one unit and rent the other; or have an office in one unit, live in or rent the other unit. Either option brings income potential! The property has maintained its charm and character with hard wood flooring and a welcoming, flattering entryway. This one of a kind property is conveniently located within walking distances of downtown attractions, Tidal Health, Salisbury City Park and Zoo, and Salisbury University. Area destinations such as the beautiful beaches of Ocean City, Assateague Island and the Delaware Beaches are short drives away. The University of Maryland Eastern Shore and Wor-Wic Community College are easily accessible. Whether you're a seasoned investor, first-time buyer, or small business owner looking for a live/work space, 225 Broad Street offers the flexibility, location, and income potential you’ve been waiting for. Don’t miss out — schedule your private tour today!
Highlights
(COMING SOON)
Summary
- Appliances: Oven, Electric Range, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Wood, Vinyl
- Interior: Ceiling Fan(s), Floor Plan - Traditional
- Parking: On Street,Driveway
- Architectural Style: Traditional
- Heating: Hot Water
- Cooling: Ceiling Fan(s), Window Unit(s)
- List Price: $299,999
- Price/SqFt: $162
- Annual Tax Amount: $805
- Tax Year: 2024
- Directions: Heading South on Salisbury Blvd; Make Right on Broad Street; House is on the Right.
- Year Built: 1930
- Living Area: 1,848 SqFt
- Municipality: Salisbury
- Lot Size: 0.1 Acres
- MLS Number: MDWC2018994
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Delmarva
- Office Phone: (410) 524-6400
- Office Email: lwbunting@comcast.net
- Listing Agent: Tyantha Randall
- Agent Phone: (410) 430-8606
- Agent Email: tyantha.randall@kw.com
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Last updated on: 7/23/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 03, 2019 | Home Sold | $85,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $84,033 | $805 |
2023 | $83,967 | $837 |
2022 | $83,900 | $854 |
2021 | $78,967 | $723 |
2020 | $74,033 | $763 |
2018 | $68,967 | $1,423 |
2017 | $68,833 | $1,420 |
History based on county public records data.
Nearby schools
4
North Salisbury Elementary School
Public Magnet 3-5
0.8 mi
•1213 Emerson Ave
5
Prince Street School
Public District PK-5
1.0 mi
•400 Prince St
4
Pemberton Elementary School
Public District PK-5
1.2 mi
•1300 Pemberton Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,854. Residents of Salisbury, MD typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
Living in Salisbury, MD
Salisbury's transport infrastructure caters to a range of preferences, with public transit options complementing the network of roads and highways that facilitate travel within and beyond the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also available for cycling enthusiasts. Public transportation schedules are designed to accommodate the needs of commuters, with enhancements to transport efficiency and accessibility being an ongoing focus for city planners.
The community benefits from a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions that cater to diverse learning preferences. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized medical treatments. The public library system serves as a valuable resource for residents, and the city's retail and dining establishments reflect the local culture, with initiatives in place to adapt to the evolving needs of the population.
Salisbury is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on hosting events like the annual Salisbury Festival, which showcases local art, music, and cuisine, fostering a strong sense of community among residents. The downtown area, with its historic charm and modern amenities, serves as a focal point for communal gatherings and social activities.
Salisbury's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from classic colonial to contemporary ranch designs, reflecting the city's historical roots and modern growth. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses, accommodating a variety of lifestyle needs.
About 225 Broad St
The listing price of 225 Broad St property is $299,999.
The property 225 Broad St is a multi located in Salisbury, Maryland, 21801.
Coming Soon: 225 Broad St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 225 Broad St are: North Salisbury Elementary School (GreatSchools Rating 4/10), Prince Street School (GreatSchools Rating 5/10), Pemberton Elementary School (GreatSchools Rating 4/10), Wicomico Middle School (GreatSchools Rating 2/10), Salisbury Middle School (GreatSchools Rating 3/10), Bennett Middle School (GreatSchools Rating 4/10), Wicomico High School (GreatSchools Rating 3/10), James M. Bennett High School (GreatSchools Rating 4/10), Parkside High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $805 (source: MLS/based on county public records data).
The last sale was on May 3, 2019 for $85,000 (source: MLS/tax record).
The property 225 Broad St is 1,848 SqFt (source: MLS/tax record).
The year of construction for 225 Broad St is 1930.
This home is located at 225 Broad St in Salisbury, MD and zip code 21801. This 1,848 square foot home, which was built in 1930, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $299,999.
Between May and June 2025, Salisbury, MD real estate market has seen increase in the number of listings by 54.2%. In June 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $299,900.