Apartment Building

Chestertown, MD Apartment Buildings for Sale

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Worton, MD Church Hill, MD Kennedyville, MD Still Pond, MD Rock Hall, MD Millington, MD Barclay, MD Centreville, MD
Renovated Mixed-Use Property
Updated: Jul 18
Renovated Mixed-Use Property

200-204 HIGH ST, Chestertown, MD 21620

$2,300,000
Five apartments and three storefronts at 200‑204 High Street
Residential mix includes two 2‑bedroom units and three 1‑bedroom units
Comprehensive renovation completed in 2022
New electrical service, meters, wiring, plumbing, and water and septic lines
Property tax credit extends through 2032; buyer to verify transferability
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Mixed-Use Income Property with Retail
Updated: May 16
Mixed-Use Income Property with Retail

200204 High Street, Chestertown, MD 21620

$2,300,000
1860‑built downtown Chestertown building with 5 apartments and 3 storefronts
Renovated to the studs in 2022; since renovations, no vacancies reported
Replaced major systems in 2022: new electric service, wiring, plumbing (PEX), water and septic lines, and energy‑efficient water heaters and appliances
New windows, insulation, and air sealing; monitored fire alarm system and rebuilt foundation
Roof work includes new rear portions roof (front 50‑year cedar roof replaced in early 2000s)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Chestertown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highlandtown Warehouse Conversion Opportunity
Highlandtown Warehouse Conversion Opportunity

204 S Eaton St, Baltimore, MD 21224

$1,200,000
6,875 sqft

6,875 SF warehouse with apartment conversion potential and parking.

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Five-Unit Apartment Building
Five-Unit Apartment Building

6408 BROOK AVENUE, Baltimore, MD 21206

$250,000
3,488 sqft

Baltimore property includes shared laundry, a utility basement, parking, and an adjacent lot with four garages.

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Smyrna Multifamily Property with Expansion Potential
Smyrna Multifamily Property with Expansion Potential

35 W Glenwood Ave, Smyrna, DE 19977

$4,000,000
16,320 sqft 1.57 AC lot

Renovated 16-unit property on 1.57 acres with development potential.

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Smyrna Townhome Apartment Buildings
Smyrna Townhome Apartment Buildings

420 Smyrna Clayton Blvd, Smyrna, DE 19977

Contact for pricing
18,000 sqft

Two buildings with 20 apartments in Smyrna, Delaware.

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Chestertown, MD Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Chestertown, MD on our real estate platform.

Sale prices for two-family homes in Chestertown, MD average $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K
Population Growth (5Y) +2.9%
Median Household Income $76,094
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Chestertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21620 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.34%
Property Tax per SF $23.81 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chestertown fall within the 10,000 to 25,000 square foot range.

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