162 W Main Street Elkton, MD $ 375,000
162 W Main Street
$ 375,000
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162 W Main Street

Elkton, MD, 21921
$ 375,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 2,309

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Multi-Family Home for sale in Elkton, MD

for $375,000 with 8 bedrooms. This home was built in 1935 on a lot size of 0.17.

Discover an exceptional investment opportunity with this four-unit building located in a premier location on W. Main St. in Elkton. Sitting directly across from the post office and surrounded by other commercial establishments, this property offers fantastic visibility and access, making it ideal for both residential and business ventures. This versatile building features two well-appointed two-bedroom units and a spacious three-bedroom unitperfect for families or long-term tenants. Additionally, there is a commercial office space complete with a full bath and a small sink area, offering an ideal setup for your business needs. The property boasts a large yard, providing potential for outdoor enjoyment or expansion. The outside entrance to the basement allows for convenient storage options, while separate utility units ensure efficient management of expenses. Noteworthy features include a roof that is just seven years old, demonstrating the solid maintenance and care provided to this building. Two of the units are already occupied and generating rental income, allowing for immediate cash flow. Dont miss out on this prime real estate investment in a thriving areaschedule a tour today and envision the possibilities

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Multi-Family Active

Price

$ 375,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 4,241

Style

Colonial

Lot Size

0.17

Year Built

1935

Town/City

Elkton

County/Region

Cecil

MLS | Web ID

MDCC2020030

Features
General
Living Area 3265
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Negotiable
Roof Architectural Shingle
Zoning C1
Architectural Style Colonial
Construction Materials Vinyl Siding
School District CECIL COUNTY PUBLIC SCHOOLS
Year Built 1935
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Elkton
Accessibility None
County CECIL
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions W Main St Elkton
City ELKTON
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 7328.00
Number of Units Leased 2
Tax Annual Amount 4241.0
Property Condition Average
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 114.85
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Electric
Basement Unfinished Outside Entrance
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Off Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 85600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 162
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* Excluded Features
List By
Re/Max Associates-Hockessin

Broker

ggmhomes@aol.com

Email

Affordability Calculator

$2,662
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$353
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533453 Elementary School
3533358 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$375,000 Listed Price

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162 W Main Street, Elkton, MD, 21921 is a Multi-Family Home for sale at $375,000 with a lot size of 0.17. 162 W Main Street has 8 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 21921 which is in Elkton, MD