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!
For sale
$165,000
315 Charles St, Salisbury, MD 21804
3beds
1,148sqft
Single Family Residence
Built in 1920
4,260 Square Feet Lot
$162,200 Zestimate®
$144/sqft
$-- HOA
What's special
Functional two-story layout
- 3 days |
- 245 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jon Nicholls 443-521-7904,
EXP Realty, LLC 8888607369
Source: Bright MLS,MLS#: MDWC2024216
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Other, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,148
- Total interior livable area: 1,148 sqft
- Finished area above ground: 1,148
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,260 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2305018897
- Zoning: R5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Other
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Salisbury
- Municipality: Salisbury
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $107,600
- Annual tax amount: $1,975
- Date on market: 8/12/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$162,200
$154,000 - $170,000
$1,544/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $165,000+120%$144/sqft |
Source:  Bright MLS #MDWC2024216 Report a problem | ||
| 7/6/2017 | Sold | $75,000+151.1%$65/sqft |
Source: Public Record Report a problem | ||
| 8/17/2010 | Sold | $29,871-25.3%$26/sqft |
Source: Public Record Report a problem | ||
| 11/25/2003 | Sold | $40,000+31.1%$35/sqft |
Source: Public Record Report a problem | ||
| 4/11/2001 | Sold | $30,500+103.3%$27/sqft |
Source: Public Record Report a problem | ||
| 4/17/1998 | Sold | $15,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $931 -50.5% | $101,000 +7% |
| 2024 | $1,880 +11.3% | $94,400 +13.5% |
| 2023 | $1,689 +17.3% | $83,167 -11.9% |
| 2022 | $1,440 +17.2% | $94,400 +55.5% |
| 2021 | $1,228 +22.1% | $60,700 +22.1% |
| 2020 | $1,006 +28% | $49,700 -18.1% |
| 2019 | $786 +39.4% | $60,700 +119.1% |
| 2018 | $564 -5.9% | $27,700 +4.5% |
| 2017 | $599 -4.6% | $26,500 +4.7% |
| 2016 | $628 | $25,300 +5% |
| 2015 | $628 | $24,100 |
| 2014 | $628 | $24,100 |
| 2013 | -- | $24,100 -35% |
| 2012 | -- | $37,100 |
| 2011 | -- | $37,100 |
| 2010 | -- | $37,100 -14% |
| 2009 | -- | $43,120 +14.4% |
| 2008 | -- | $37,682 +16.9% |
| 2007 | -- | $32,246 +20.3% |
| 2006 | -- | $26,810 |
| 2005 | -- | $26,810 |
| 2004 | -- | $26,810 -9.1% |
| 2003 | -- | $29,480 +6.2% |
| 2002 | -- | $27,772 +6.5% |
| 2001 | -- | $26,066 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Doverdale/Church Street
Nearby schools
GreatSchools rating
- 3/10East Salisbury Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 3/10Wicomico Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Wicomico High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Wicomico County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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