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5 W Chestnut St, Delmar, MD, 21875

3beds
--baths
1,386sqft
$219,900
$159price/sqft
$1,688/moest. monthly cost
$67,520/yrincome needed

About This Home

Solid, low-maintenance investment opportunity in Delmar. This duplex features a 2 bed / 1 bath unit on the first floor and a 1 bed / 1 bath unit on the second floor, both fully rented with established tenants in place for immediate cash flow. Built in 1989, the property offers peace of mind with vinyl siding, a newer roof, and double-pane windows. No lead certification required. Separate electric meters in place. Tenants are responsible for water, sewer, electric, and internet—keeping owner expenses low. Strong rental setup with minimal ongoing maintenance. Contact listing agent for lease details.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
Delmar Elementary SchoolGrades PK-40.5 mi
3/10
Wicomico Middle SchoolGrades 6-86.1 mi
2/10
Wicomico High SchoolGrades 9-126.1 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1989

Materials

  • Foundation: Block
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Oven/Range - Electric,Refrigerator,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Dry Wall
  • Window features: Double Pane Windows

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,386
  • Total interior livable area: 1,386 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 17207
  • Zoning: R-1
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 8,712 sqft
  • Features: Cleared

Parking

  • Parking features: Off Street

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hurricane
Lightning
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 $1,111$13,332
Home Insurance *$132$1,584
Property Taxes $164$1,968
Electricity $281$3,374
Total$1,688$20,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,874/yr
40% on housing$50,640/yr
45% on housing$45,013/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

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 21875$120
Wicomico County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 21875
Wicomico County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$219,900
2026-04-22Listed for sale$225,000
2001-12-20Sold$65,500
1996-06-27Sold$58,000
1995-11-30Sold$58,939

For Sale by Agent

AgentMr. Colby B Phippin
BrokerageWhitehead Real Estate Exec.

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