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$165,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,148 Sq. Ft.
  • Updated 2 days ago
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INVESTMENT OPPORTUNITY IN SALISBURY! Welcome to 315 Charles Street, a tenant-occupied property currently generating $1,600 per month in rental income. For investors looking to add another income-producing property to their portfolio, the existing tenancy provides rental income from day one. The home underwent major renovations in 2017 and features a functional two-story layout, public water and sewer, and a convenient in-town Salisbury location with easy access to shopping, dining, employment, and major routes. Whether you're an investor looking for your next rental property or a buyer considering this home for future occupancy, 315 Charles Street offers plenty of potential. Tenant occupied - please do not disturb the tenant. Schedule your showing today!

Full Property Details for 315 Charles St

General

  • Price: $165,000
  • Taxes: $1,975 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2024216
  • Updated: 8/18/2026
  • Added to Site: 8 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Parking

  • Parking Type: Off Street

Location

  • Area: Wicomico Southeast (23-04)
  • Municipality: Salisbury
  • County: WICOMICO
  • Driving Directions: From rt 50 in Salisbury, take Naylor Street, then turn onto Charles St. Property is located at 315 Charles st
  • City Limits: Yes

School Information

  • School District: Wicomico County Public Schools

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Aluminum Siding, Other
  • Foundation: Crawl Space
  • Stories Description: Upper 1
  • Square Feet: 1,148
  • Sq. Ft. Source: Assessor
  • Living Area: 1,148 Sq. Ft.
  • Finished Above Grnd: 1,148 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,260
  • Lot Size Source: Assessor
  • Zoning: R5

Financial Considerations

  • Price Per Sq. Ft.: $143.73
  • Assessment Year: 2026
  • City/TownTax: $1,043
  • City/TownTax Freq: Annually
  • County Tax: $818
  • County Tax Freq: Annually
  • Tax w/Assessment: $107,600
  • Tax Amount: $1,975
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1148

Disclosures and Reports

  • Ownership: Fee Simple

Listed by EXP Realty, LLC, Jonathan C Nicholls

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Listing agent

— 315 Charles St —

  • Jonathan C Nicholls

    EXP Realty, LLC

Listing Office Email: md.broker@exprealty.net

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 315 Charles St

School District:Wicomico County Public Schools
NameGradesDistance
East Salisbury Elementary School
1201 Old Ocean City Road, Salisbury, MD 21804
3-50.8 mi
Beaver Run School
31481 Ocean City Road, Salisbury, MD 21804
PK-23.8 mi
Wicomico Middle School
635 East Main Street, Salisbury, MD 21804
6-80.4 mi
Wicomico High School
201 Long Avenue, Salisbury, MD 21804
9-120.6 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 315 Charles St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$165,000
120%
MLS
6/30/2017
Sold
$75,000
—
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 315 Charles St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$923
—
$107,600
7%
2025
$923
2%
$101,000
7%
2024
$905
9%
$94,400
14%
2023
$830
13%
$83,167
16%
2022
$733
81%
$71,933
19%
2019
$405
-21%
$60,700
22%
2021
$513
27%
$49,700
28%
2020
$405
-31%
$38,700
40%
2019
$584
11%
$27,700
9%
2017
$528
5%
$25,300
5%
2016
$502
4%
$24,100
—
2015
$482
5%
$24,100
—
2014
$459
—
$24,100
—
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.

Estimate the Cost for 315 Charles St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by EXP Realty, LLC, Jonathan C Nicholls

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315 Charles Street, Salisbury, MD 21804 (MLS# MDWC2024216) is a Single Family property with 3 bedrooms and 1 full bathroom. 315 Charles Street is currently listed for $165,000 and was received on August 12, 2026. Want to learn more about 315 Charles Street? Do you have questions about finding other Single Family real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

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