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    Elkton, MD Apartment Buildings for Sale

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    Newark, DE North East, MD Chesapeake City, MD
    Elkton Heights 6-Unit Apartment Building
    $699,000
    Elkton Heights 6-Unit Apartment Building

    202 PARKWAY, Elkton, MD 21921

    Well-maintained 6-unit apartment building in desirable Elkton Heights neighborhood.
    • Six‑unit brick apartment building in the desirable Elkton Heights neighborhood.
    • Strong unit mix of four 2‑bedroom units and two 1‑bedroom units.
    • 12‑space private parking lot.
    • Income‑producing property with strong long‑term upside potential.
    • Spacious 2‑bedroom units with hardwood floors, full bathrooms, large family rooms, separate dining rooms, and front/rear deck entrances.
    Updated: Apr 24
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    Mixed-Use Building in Downtown Elkton
    $410,000
    Mixed-Use Building in Downtown Elkton

    212 W MAIN St, Elkton, MD 21921

    Large mixed-use building with office space and apartment.
    • Large mixed‑use building in downtown Elkton.
    • Upper level apartment with 4 bedrooms, currently rented.
    • Main level suitable for office space with 4 rooms, lobby, and bathrooms.
    • Wheelchair accessible ramp at rear entrance.
    • Detached 1.5 car garage and massive rear parking area.
    Updated: Apr 24
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Elkton, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Commercially Zoned Retail/Apt Properties
    $600,000
    Commercially Zoned Retail/Apt Properties

    Three commercially zoned retail/apt properties with parking lot.

    16 MARYLAND Ave S, Wilmington, DE 19805

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    Apartment Building Near Richardson Park
    $1,200,000
    Apartment Building Near Richardson Park

    Apartment building with steady cash flow near public transportation.

    5 WINSTON Ave, Wilmington, DE 19804

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    Mixed-Use Property with Detached Cottage
    $500,000
    Mixed-Use Property with Detached Cottage

    Investment opportunity: storefront, apartments, and detached cottage.

    16 N BROAD St, Middletown, DE 19709

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    Traditions at Whitehall Town Home
    $504,900
    0.09 Acres
    Traditions at Whitehall Town Home

    55+ community with pool, clubhouse, and exercise room.

    1102 HIGHLAND St 137 ASHTON, Middletown, DE 19709

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Off-Market Properties in Elkton, MD

    Consider similar Off-Market properties in Elkton, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    271 Cherry Hl Rd
    APARTMENT HOUSE (5+ UNITS)
    6,672 SF Lot: 0.30 Acres
    Estimated value
    $745,000

    271 Cherry Hl Rd, Elkton, MD 21921

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    728 Pulaski Hwy
    APARTMENT HOUSE (5+ UNITS)
    2,280 SF Lot: 3.05 Acres
    Value Estimation by Request

    728 Pulaski Hwy, Elkton, MD 21921-4703

    View details
    718 Pulaski Hwy
    APARTMENT HOUSE (5+ UNITS)
    2,894 SF Lot: 2.40 Acres
    Value Estimation by Request

    718 Pulaski Hwy, Elkton, MD 21921-4746

    View details

    Elkton, MD Apartment Buildings Investment Opportunities Market Analysis

    Explore 5 apartment buildings for sale in Elkton, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,109,000.

    Sale prices for two-family homes in Elkton, MD start at $410,000, averaging $554,500, and reaching up to $699,000 — 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 46K
    Population Growth (5Y) +1.8%
    Median Household Income $84,608
    College Educated 18.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21921 $554.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.21%
    Property Tax per SF $27.84 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cecil County

    New Delisted

    Property Size Breakdown

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

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