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242 W Main St, Elkton, MD 21921

Elkton
Local realty services provided by:CENTURY 21 Mertz & Associates
242 W Main St,Elkton, MD 21921
$262,500
  • 5 Beds
  • - Baths
  • 2,976 sq. ft.
  • Multi-family
  • Active
Listed by: brian d. foraker
Office: foraker realty co.
MLS#:MDCC2022994
Source:BRIGHTMLS

Price summary

  • Price:$262,500
  • Price per sq. ft.:$88.21

About this home

Prime Investment Opportunity, Quadraplex Close to Town Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look. Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!

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Home facts

  • Year built:1915
  • Listing ID #:MDCC2022994
  • Added:44 day(s) ago
  • Updated:October 23, 2026 at 01:40 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,976 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:1915
  • Building area:2,976 sq. ft.
  • Lot area:0.3 Acres
  • Architectural Style:Colonial

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$262,500
  • Price per sq. ft.:$88.21
  • Tax amount:$3,391 (2026)

Parking

  • Parking description:Off Street, On Street

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