225 Broad St
Salisbury, MD 21801
- 3 Beds
- 1,848 sqft
$242,500
Last Sold: Oct 10, 2025
7% below list $260K
$131/sqft
Est. Refi. Payment $1,444/mo*
$242,500
Last Sold: Oct 10, 2025
7% below list $260K
$131/sqft
Est. Refi. Payment $1,444/mo*
3 Beds
1,848 sqft
Local Information
-- mins to
Description
**PRICE IMPROVEMENT** **BRING YOUR OFFERS** **SELLER SAYS SELL** 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. FY2024 Net Operating Income $20,949.55 FY2023 Net Operating Income $18,665.80 Don’t miss out — schedule your private tour today! Being sold "AS IS", therefore any inspections are for buyers' information only. Buyers and Buyer's Agent are encouraged to conduct their own due diligence and verify all information to their satisfaction, including but not limited to square footage, school district, zoning and usage, income, lot size and tax assessments.
225 Broad St, Salisbury, MD 21801 is a 3 bedroom, 1,848 sqft multi-family built in 1930. It last sold for $242,500 on Oct 10, 2025 (7% below the $259,999 asking price). It is currently off market. The Trulia Estimate is $281,800, with a rent estimate of $1,260/month.
Home Highlights
Parking
5 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$131/sqft
Listed
180+ days ago
Home Details for 225 Broad St
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Interior Details Basement: Interior Entry,Partially FinishedNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 3 |
Dimensions and Layout Living Area: 1848 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Natural Gas Available, Electricity Available, Water Available, CableAppliances: Oven/Range - Electric, Refrigerator, Gas Water Heater, Electric Water HeaterRefrigerator |
Heating & Cooling Heating: Hot Water,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Window Unit(s)Has HeatingHeating Fuel: Hot Water |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Carpet, Wood, Vinyl |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Carpet, Wood, Vinyl |
View No View |
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Exterior Home Features Roof: Architectural ShingleOther Structures: Above Grade, Below GradeFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage Open Parking Spaces: 5No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Gravel,On Street,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Twin/Semi-DetachedArchitecture: Traditional |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Condition: GoodParcel Number: 2305010942 |
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Price List Price: $259,999Price Per Sqft: $131/sqft |
Status Change & Dates Off Market Date: Fri Oct 10 2025Possession Timing: Immediate |
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MLS Status: CLOSED |
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Direction & Address City: SALISBURY |
School Information Elementary School District: Wicomico County Public SchoolsJr High / Middle School District: Wicomico County Public SchoolsHigh School District: Wicomico County Public Schools |
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Building Area Building Area: 2200 Square Feet |
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Number Of Vacant Units: 2 |
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Lot Area: 4224 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Are Units Furnished: NoneOwner Pays: ManagementNo Rent Control |
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BasementMls Number: MDWC2018994Municipality: Salisbury |
Last check for updates: about 16 hours ago
Listed by Tyantha Randall, (410) 430-8606
Keller Williams Realty Delmarva
Bought with: Maddie Holloway, (443) 852-1636, Coldwell Banker Realty
Source: Bright MLS, MLS#MDWC2018994

Price History for 225 Broad St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/02/2026 | $284,900 | ListingRemoved | Bright MLS #MDWC2022576 |
| 04/21/2026 | $284,900 | Listed For Sale | Bright MLS #MDWC2022576 |
| 10/10/2025 | $242,500 | Sold | Bright MLS #MDWC2018994 |
| 09/16/2025 | $259,999 | Contingent | Bright MLS #MDWC2018994 |
| 09/10/2025 | $259,999 | PriceChange | Bright MLS #MDWC2018994 |
| 08/25/2025 | $285,000 | PriceChange | Bright MLS #MDWC2018994 |
| 07/27/2025 | $299,999 | Listed For Sale | Bright MLS #MDWC2018994 |
| 03/08/2014 | $90,000 | ListingRemoved | Agent Provided |
| 03/24/2013 | $90,000 | Listed For Sale | Agent Provided |
Market trends in Salisbury
Last updated June 2026
Avg. sale price
$268K
$13.43KMoM
Sale-to-List Price
99.2%
1.2%MoM
Price per sq ft
$165
$2MoM
Available listings
253
4MoM
Comparable Sales for 225 Broad St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Multi-Family Home | $290,000 | 07/16/26 | 3 | 2 | 1,832 | |
0.59 | Multi-Family Home | $170,000 | 05/07/26 | 3 | - | 1,760 | |
0.59 | Multi-Family Home | $327,000 | 02/09/26 | 4 | - | 1,949 | |
0.66 | Multi-Family Home | $170,000 | 05/07/26 | 4 | 4 | 1,968 | |
3.33 | Multi-Family Home | $198,000 | 01/16/26 | 5 | - | 2,420 | |
6.00 | Multi-Family Home | $100,000 | 04/30/26 | 3 | - | 1,759 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 225 Broad St.
What Locals Say about Salisbury
At least 425 Trulia users voted on each feature.
84 % Say car is needed
81 % Say parking is easy
75 % Say yards are well-kept
75 % Say it's dog friendly
68 % Say there's holiday spirit
62 % Say kids play outside
58 % Say there are sidewalks
54 % Say it's quiet
47 % Say neighbors are friendly
44 % Say streets are well-lit
43 % Say there's wildlife
41 % Say people would walk alone at night
38 % Say they plan to stay for at least 5 years
36 % Say it's walkable to restaurants
35 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 225 Broad St
Off Market Homes Near 225 Broad St

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