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$450,000
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Property Description
Investment Opportunity in a Strong Rental Market. No changes in asking rent for 3 years and current market rent is $75-$100 higher per bedroom. - 2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2025/2026 school year. -Rental Income of $41,400 and NOI of $$31,093.47 - Both units are in great condition with no deferred maintenance. -Tenants are responsible for all utilities & water/sewer. -The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid. -Buyers can tour the interior of the units with an agreed upon LOI.
Full Property Details
Full Property Details for 227/229 North Brown St
General
- Sold For: $450,000
- Taxes: $5,084 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWC2018048
- Added to Site: 470 day(s) ago
Parking
- Parking Type: Driveway, On Street
Location
- Area: Wicomico Southeast (23-04)
- County: WICOMICO
- Driving Directions: From Business US-13 Turn Left onto Cedar Crossing/E Cedar Lane. At the traffic Circle continue to stay on E Cedar Lane & turn right onto N Brown Street. Duplex is on the left.
- City Limits: Yes
School Information
- School District: Wicomico County Public Schools
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Structure Type: Twin/Semi-Detached
- Construction: Combination
- Foundation: Crawl Space
- Square Feet: 2,274
- Sq. Ft. Source: Estimated
- Living Area: 2,274 Sq. Ft.
- Finished Above Grnd: 2,274 Sq. Ft.
- Year Built: 2009
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,022
- Lot Size Source: Estimated
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $200.09
- Assessment Year: 2025
- City/TownTax: $2,560
- City/TownTax Freq: Annually
- County Tax: $2,308
- County Tax Freq: Annually
- Tax w/Assessment: $310,733
- Tax Amount: $5,084
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by SVN/Miller Commercial Real Estate, Andrew Ball
Sold by EXP Realty, LLC, Michael R. Davis
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Price & Sales History for 227/229 North Brown St
Date
Details
Price
Change
Source
7/28/2026
Sold
$450,000
-1.1%
MLS
5/15/2025
Listed
$455,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
227/229 North Brown Street, Fruitland, MD 21826 (MLS# MDWC2018048) is a Single Family property that was sold at $450,000 on July 28, 2026. Want to learn more about 227/229 North Brown Street? Do you have questions about finding other Single Family real estate for sale in Fruitland? You can browse all Fruitland real estate or contact a Coldwell Banker agent to request more information.

