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    North East, MD Multifamily Properties for Sale

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    Elkton, MD Charlestown, MD Rising Sun, MD Perryville, MD Port Deposit, MD Chesapeake City, MD Havre De Grace, MD Newark, DE
    Renovated Triplex Income Property
    Updated: Jul 10
    Renovated Triplex Income Property

    322 E CECIL Avenue, North East, MD 21901

    $899,500
    2,984 sqft 0.38 AC lot
    Renovated 3‑unit triplex (1920) with vinyl siding, heat pump heating, and central air
    All‑new, property‑wide fire sprinkler system and a Maryland Lead‑Free Certificate
    Two separate lower units: each has 2 bedrooms, 1.5 baths, full kitchen, dining area, and living room
    Lower unit includes accessibility features: step‑free entry ramp, wider doorways, and 36‑inch hallways
    Upper unit has 4 bedrooms, 2 full bathrooms, eat‑in kitchen, and a generous living room; accessed via private exterior rear staircase
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    This listing looks promising.

    Here's a quick look at some key insights for

    322 E CECIL Avenue, NORTH EAST, MD 21901

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $424K
      Suggested

    • Last Sold

      Mar 2024
      $270K

    • Property Type

      Medical Building
      Built 1920
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    Fine Dining Restaurant with Apartments
    Updated: Dec 22, 2025
    Fine Dining Restaurant with Apartments

    101 S MAIN Street S, North East, MD 21901

    $3,200,000
    0.08 AC lot
    Fine dining restaurant for sale with real estate in a highly desirable tourist town
    Building includes three apartments
    Equipped and staffed restaurant business included
    Liquor license included
    Construction materials: frame
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    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.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in North East, 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.

    Four-Unit Quadplex with Townhome
    Four-Unit Quadplex with Townhome

    650 Green St, Havre De Grace, MD 21078

    $475,000
    3,572 sqft

    Income-producing residential property combines three updated apartments with a separate townhome residence.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    550 BOURBON STREET, Havre De Grace, MD 21078

    $399,999
    2,074 sqft

    Four one-bedroom apartments offer an established multifamily configuration with month-to-month tenancies.

    View details
    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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    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.

    View details

    North East, MD Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in North East, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,984 square feet of properties for sale, with an estimated market value of $4,999,000.

    Sale prices for multifamily properties in North East, MD start at $899,500, averaging $1,666,333, and reaching up to $3,200,000 — 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 3

    Demographics Overview

    Population 20K
    Population Growth (5Y) +10.7%
    Median Household Income $113,107
    College Educated 46.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21901 $974K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $24.69 per SF
    Tax Rate vs County Average 0.21 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cecil County

    New Delisted

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