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$1,800,000

  • For Sale
  • Active
  • Apartment
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Looking for the perfect investment? Look no further than 207 Saint Louis! Within the last five years, the entire property has been completely remodeled down to the studs. All new electrical and plumbing systems were installed, in addition to an updated fire sprinkler system and exterior updates like a new roof, new siding and new paving. Property consists of two buildings, one main building containing ten bedrooms and a rear building containing two additional units and the addition of a $75,000 commercial on-site laundry facility. These units have been fully rented each season, resulting in just over $150,000 in income per year with the current rental schedule with opportunity for more! For ease of ownership and management, a $15,000 remote programmable lock system has been installed throughout the property and over $100,000 of commercial-grade furniture will convey. Call to schedule your showing today!

Full Property Details for 207 St Louis Ave

General

  • Price: $1,800,000
  • Taxes: $6,245 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2036988
  • Updated: 6/22/2026
  • Added to Site: 118 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 5
  • Parking Features: Paved Parking, Private
  • Parking Type: Parking Lot

Location

  • Area: Bayside Interior (83)
  • Municipality: Ocean City
  • County: WORCESTER
  • Driving Directions: GPS. St Louis South, Property on Right.
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Stick Built
  • Building Size: 3960
  • Year Built: 1940
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,100
  • Lot Size Source: Assessor
  • Zoning: DR

Financial Considerations

  • Price Per Sq. Ft.: $454.55
  • Assessment Year: 2026
  • City/TownTax: $2,018
  • City/TownTax Freq: Annually
  • County Tax: $3,716
  • County Tax Freq: Annually
  • Tax w/Assessment: $502,900
  • Tax Amount: $6,245
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 11
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 207 St Louis Ave —

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 207 St Louis Ave

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-41.4 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-85.6 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-125.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 207 St Louis Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/22/2026
Price Reduced
$1,800,000
-5.26%
MLS
3/13/2026
Listed
$1,900,000
304.26%
MLS
2/21/2020
Sold
$470,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 207 St Louis Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,227
8%
$456,000
11%
2023
$5,767
-6%
$409,100
—
2021
$6,163
—
$409,100
-6%
2021
$6,163
—
$436,100
—
2021
$6,162
-1%
$436,100
—
2020
$6,204
-1%
$436,100
-2%
2019
$6,263
4%
$443,400
4%
2018
$6,016
4%
$425,867
4%
2017
$5,797
4%
$408,333
4%
2016
$5,569
5%
$390,800
-19%
2015
$5,285
-19%
$484,800
—
2014
$6,564
—
$484,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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207 Saint Louis Avenue, Ocean City, MD 21842 (MLS# MDWO2036988) is a Apartment property. 207 Saint Louis Avenue is currently listed for $1,800,000 and was received on March 13, 2026. This property is listed by Peck Miller from our Ocean City - 123rd Office.Want to learn more about 207 Saint Louis Avenue? Do you have questions about finding other Apartment real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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