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507 Camden Ave
For Sale $899,000
$899,000
- 9 Units
- Unknown Sq Ft
- 15,136 Sq Ft
- Unknown Cap Rate
Description
Historic 9-Unit Investment Property in the Heart of Salisbury, Maryland
An exceptional opportunity awaits with this beautifully preserved historic 9-unit apartment building, ideally located in the vibrant center of Salisbury, Maryland. Blending timeless character with modern-day convenience, this property offers strong appeal for both investors and tenants seeking charm, walkability, and accessibility.
Perfectly positioned in a prime downtown location, residents enjoy being just a short five-minute walk from Tidal Health Hospital, as well as Salisbury’s bustling downtown district—home to an array of local shops, restaurants, cafés, and everyday amenities. This highly desirable setting attracts a steady tenant base, including medical professionals, students, and individuals who value an urban lifestyle.
The building features a well-balanced unit mix, consisting of three spacious two-bedroom apartments and six comfortable one-bedroom units. Each apartment includes its own kitchen and full bathroom, providing tenants with privacy and convenience. Additionally, all units are equipped with separately metered electric service and individual gas-fired hot water boilers, enhancing operational efficiency and simplifying utility management.
Rich in historic charm and located in one of Salisbury’s most sought-after areas, this property represents a rare chance to own a character-filled, income-producing asset in a thriving and walkable community.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $899,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1890 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2313027846 |
| MLS # | MDWC2022212 |
| Property ID | 322756255 |
| Lot Sqft | 15,136 |
| Zoning | R10 |
| Total Units | 9 |
| Days on Market | 96 |
| Original List Price | Unknown |
| Date Updated | April 06, 2026 |
| Date Created | April 05, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Austin H Cox Jr. an agent of . Lic #665783
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Data last updated: July 10, 2026.
Robert Crawford
REAL ESTATE AGENT