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$375,000
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Property Description
Discover an exceptional investment opportunity with this four-unit building located in a premier location on W. Main St. in Elkton. Sitting directly across from the post office and surrounded by other commercial establishments, this property offers fantastic visibility and access, making it ideal for both residential and business ventures. This versatile building features two well-appointed two-bedroom units and a spacious three-bedroom unit-perfect for families or long-term tenants. Additionally, there is a commercial office space complete with a full bath and a small sink area, offering an ideal setup for your business needs. The property boasts a large yard, providing potential for outdoor enjoyment or expansion. The outside entrance to the basement allows for convenient storage options, while separate utility units ensure efficient management of expenses. Noteworthy features include a roof that is just seven years old, demonstrating the solid maintenance and care provided to this building. Two of the units are already occupied and generating rental income, allowing for immediate cash flow. Don't miss out on this prime real estate investment in a thriving area-schedule a tour today and envision the possibilities
Full Property Details
Full Property Details for 162 W Main St
General
- Price: $375,000
- Taxes: $4,241 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: MDCC2020030
- Updated: 1/7/2026
- Added to Site: 9 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Parking Type: Off Street
Location
- Municipality: Elkton
- County: CECIL
- Driving Directions: W Main St Elkton
- City Limits: Yes
School Information
- School District: Cecil County Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Unfinished, Outside Entrance
- Foundation: Permanent
- Roof: Architectural Shingle
- Square Feet: 4,280
- Sq. Ft. Source: Assessor
- Living Area: 3,265 Sq. Ft.
- Finished Above Grnd: 3,265 Sq. Ft.
- Year Built: 1935
- Year Built Source: Estimated
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,328
- Lot Size Source: Assessor
- Zoning: C1
Financial Considerations
- Price Per Sq. Ft.: $114.85
- Assessment Year: 2025
- City/TownTax: $1,536
- City/TownTax Freq: Annually
- County Tax: $2,645
- County Tax Freq: Annually
- Tax w/Assessment: $241,700
- Tax Amount: $4,241
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 3265
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Associates-Hockessin, Gina McCollum Crowder
Get Pre-Approved Today
Schools
Schools serving 162 W Main St
School District:Cecil County Public Schools
| Name | Grades | Distance |
|---|---|---|
Thomson Estates Elementary School 203 East Thomson Drive, Elkton, MD 21921 | PK-5 | 1.8 mi |
Elkton Middle School, Elkton, MD 615 North Street, Elkton, MD 21921 | 6-8 | 0.9 mi |
Elkton High School 110 James Street, Elkton, MD 21921 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 162 W Main St
Date
Details
Price
Change
Source
1/07/2026
Listed
$375,000
120.59%
MLS
8/29/2013
Sold
$170,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 162 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,181
25%
$241,700
25%
2024
$3,346
-1%
$193,400
—
2023
$3,365
54%
$193,400
—
2022
$2,178
-40%
$193,400
-10%
2019
$3,624
-3%
$214,300
3%
2021
$3,729
3%
$208,433
3%
2020
$3,624
3%
$202,567
3%
2019
$3,519
—
$196,700
—
2018
$3,519
6%
$196,700
—
2017
$3,322
-20%
$196,700
-20%
2016
$4,177
—
$247,400
—
2015
$4,177
—
$247,400
—
2014
$4,177
—
$247,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 W Main St
162 W Main Street, Elkton, MD 21921 (MLS# MDCC2020030) is a Single Family property with 0 bedrooms and 0 full bathrooms. 162 W Main Street is currently listed for $375,000 and was received on January 07, 2026. Want to learn more about 162 W Main Street? Do you have questions about finding other Single Family real estate for sale in Elkton? You can browse all Elkton real estate or contact a Coldwell Banker agent to request more information.
