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    Elkton, MD
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    Elkton, MD Multifamily Properties for Sale

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    8 properties
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    Five-Unit Apartment Building
    Updated: Aug 24
    Five-Unit Apartment Building

    203 Main St, Elkton, MD 21921

    $399,999
    3,740 sqft
    Five apartment units, each with 1 bedroom and 1 bathroom
    3,740 SF building constructed in 1930
    Fully occupied with month‑to‑month tenants
    Certified lead free
    Residents pay their own Delmarva utility costs
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    Occupied Two-Unit Duplex
    Updated: Aug 26
    Occupied Two-Unit Duplex

    88 KIST RD, Elkton, MD 21921

    $249,999
    1,118 sqft
    Two separate residential units in a duplex configuration
    Front residence includes 3 bedrooms and 1 bathroom
    Rear residence includes 1 bedroom and 1 bathroom
    Both units have month‑to‑month tenants
    Property will not be delivered vacant
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    Updated Two-Unit Residential Income
    Updated Two-Unit Residential Income

    145 West High Street, Elkton, MD 21921

    $250,000
    2,016 sqft

    Updated duplex in city limits featuring a leased 3-bedroom unit and a vacant 1-bedroom unit.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Colonial-Style Triplex
    Colonial-Style Triplex

    242 Mackall St, Elkton, MD 21921

    Contact for pricing
    3,000 sqft 0.39 AC lot

    Fully leased three-unit property with professional management and established tenants in place.

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    Mixed-Use Building with Bar Space
    Mixed-Use Building with Bar Space

    113 North St, Elkton, MD 21921

    $399,900

    Mixed-use building combines commercial bar space with upper-floor apartments.

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    Renovated Residential Raised Ranch
    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, new flooring, and a detached 24x34 garage.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    698 W Pulaski Highway, Elkton, MD 21921

    Contact for pricing

    BG-zoned property combines office rooms with residential features and separate access.

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    Detached Duplex with Parking
    Detached Duplex with Parking

    252-254 W Main St, Elkton, MD 21921

    Contact for pricing

    Two residential units provide separate bedroom and bath layouts, with rear parking and a large lot.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 8 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

    Opportunities in Nearby Cities

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

    Renovated Triplex with Separate Systems
    Renovated Triplex with Separate Systems

    322 E CECIL Avenue, North East, MD 21901

    $849,500
    2,984 sqft 0.38 AC lot

    Three apartments offer individual laundry, electrical service, water heating, and HVAC for streamlined occupancy management.

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    Renovated Triplex with Multiple Units
    Renovated Triplex with Multiple Units

    322 E CECIL AVENUE, North East, MD 21901

    $849,500
    2,984 sqft

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

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    Student Housing Apartment Building
    Student Housing Apartment Building

    153 Courtney St, Newark, DE 19711

    Contact for pricing
    40,196 sqft 0.51 AC lot

    Two-story off-campus residence positioned directly across from the University of Delaware.

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    Approved Mixed-Use Redevelopment Property
    Approved Mixed-Use Redevelopment Property

    1501 Casho Mill Rd, Newark, DE 19711

    Contact for pricing

    City-approved plans support a three-story building with ground-floor office space and upper-level apartments.

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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)

    271 Cherry Hl Rd, Elkton, MD 21921

    $735,000
    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

    $245,000
    Estimated value
    2,894 sqft 2.40 AC lot
    View details

    Elkton, MD Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Elkton, MD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 11,389 square feet of properties for sale, with an estimated market value of $1,649,898.

    Sale prices for multifamily properties in Elkton, MD start at $249,999, averaging $329,979, and reaching up to $399,999 — 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

    Duplexes 3
    Triplexes 3
    Apartment buildings 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 $330K

    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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