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2302 Allen Dr, Salisbury, MD, 21801

3beds
1baths
1,142sqft
$229,000
$201price/sqft
$1,795/moest. monthly cost
$71,800/yrincome needed

About This Home

Prime corner assemblage in Northwood Industrial Park - 4 parcels zoned I-2 Heavy Industrial with no City taxes. Two residential rentals - 2302 Allen Dr, 1,142 SF & 2306 Allen Dr, 996 SF - generate income from day one. Dual road access off Allen Drive and Leonard Lane, room to expand, and the flexibility of heavy industrial zoning make this an ideal play for a value-add investor, residential flipper, or commercial end-user ready to put the land to work.

Getting Around

26
WalkingCar-Dependent
15
TransitMinimal Transit
27
BikeSomewhat Bikeable

Schools

6/10
Salisbury Middle SchoolGrades 6-82.0 mi
2/10
Wicomico High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,142

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,142
  • Total interior livable area: 1,142 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2309001212
  • Zoning: I-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,500 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,157$13,884
Home Insurance *$161$1,932
Property Taxes $196$2,352
Electricity $281$3,374
Total$1,795$21,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,542/yr
40% on housing$53,850/yr
45% on housing$47,866/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 21801$139
Wicomico County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 21801
Wicomico County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Price change$229,000
2026-07-05Listed for sale$249,800
2025-11-20Sold$203,000
2025-10-09Pending sale$225,000
2025-09-15Listed for sale$225,000

For Sale by Agent

AgentJaime Cortes
BrokerageColdwell Banker Realty

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