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    Elkton, MD
    Multifamily

    Elkton, MD Multifamily Properties for Sale

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    Newark, DE North East, MD Bear, DE Chesapeake City, MD Williamstown, NJ Charlestown, MD Middletown, DE Rising Sun, MD
    Rented Duplex Income Property
    Updated: Jul 15
    Rented Duplex Income Property

    119 MILBURN Street, Elkton, MD 21921

    $100,000
    1,456 sqft 0.06 AC lot
    Two‑unit duplex with both units on one tax record in Elkton, Maryland
    Total current rent is $2,350 per month with two separate tenants
    Bidding opens Tuesday, August 4, 2026 and closes Wednesday, August 5, 2026 at 12:00 Noon (list price is opening bid only)
    Built in 1935 with vinyl siding
    Cooling includes window unit(s)
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    Renovated Residential Raised Ranch
    Updated: Jul 18, 2023
    Renovated Residential Raised Ranch

    157 Justice Way, Elkton, MD 21921

    $350,000
    1,515 sqft 0.57 AC lot
    Renovated 3‑bedroom, 2‑bath raised ranch with updated kitchen and baths and new flooring
    12x20 rear deck for outdoor dining and coffee
    0.57‑acre lot with mature trees
    Detached 24x34 garage with parking for vehicles and potential workshop space
    Central air cooling and electric oven dishwasher included
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Renovated Triplex Income Property
    Renovated Triplex Income Property

    322 E CECIL Avenue, North East, MD 21901

    $899,500
    2,984 sqft 0.38 AC lot

    Renovated triplex with three independently equipped units, including in-unit laundry and separate utilities.

    View details
    Student Housing Row Homes
    Student Housing Row Homes

    118 NEW LONDON ROAD, Newark, DE 19711

    $2,995,000
    9,018 sqft

    Five row homes configured as high-density garden apartment-style student housing, located between UD’s main campus and north campus.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    118 NEW LONDON Rd, Newark, DE 19711

    $3,300,000

    Five-unit student housing near University of Delaware campus.

    View details
    Renovated Triplex with Multiple Units
    Renovated Triplex with Multiple Units

    322 E CECIL Ave, North East, MD 21901

    $899,500

    Turnkey renovated triplex with five total bedrooms across units, independent utilities, and a property-wide fire sprinkler system.

    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
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

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

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    View details
    Turnkey Camping Property in Horntown
    Turnkey Camping Property in Horntown

    354-355* SEA BASS DR lot: 2Lots, Horntown, VA 23395

    $163,500
    0.16 AC lot

    High-end camping with access to numerous amenities.

    View details

    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)

    271 Cherry Hl Rd, Elkton, MD 21921

    $745,000
    Estimated value
    6,672 sqft 0.30 AC lot
    View details
    728 Pulaski Hwy
    APARTMENT HOUSE (5+ UNITS)

    728 Pulaski Hwy, Elkton, MD 21921-4703

    Value Estimation by Request
    2,280 sqft 3.05 AC lot
    View details
    718 Pulaski Hwy
    APARTMENT HOUSE (5+ UNITS)

    718 Pulaski Hwy, Elkton, MD 21921-4746

    Value Estimation by Request
    2,894 sqft 2.40 AC lot
    View details

    Elkton, MD Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Elkton, MD on our real estate platform. These investment opportunities span a total of 2,971 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for multifamily properties in Elkton, MD start at $100,000, averaging $225,000, and reaching up to $350,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Duplexes 1

    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 $506.3K

    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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