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$299,900 Just Listed
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Property Description
TRIPLEX! Income producing opportunity! Don't miss your chance to own this three-unit apartment building offering established rental income and excellent potential for additional revenue! Zoned commercial with multiple residential use, this property features newer windows throughout, separate electric panels for each apartment, and plenty of parking in the adjoining parking lot! The first-floor apartment offers 3 bedrooms, 2 full baths, and an additional storage area, with monthly rent of $1,400. The vacant second-floor apartment features 2 bedrooms, 1 full bath, fresh paint, and recently cleaned carpeting, offering an opportunity to secure a new tenant. Previous monthly rent was $1,350.The third-floor apartment offers 1 bedroom, with monthly rent of $1,150. Two units are currently occupied by long-term tenants, providing an established rental income stream. Tenants pay all utilities, and existing leases transfer with the property. Conveniently located near restaurants, shopping, schools, medical facilities, and everyday amenities, this property offers a desirable combination of flexibility and income potential! Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this property deserves your attention! Schedule your tour and explore the possibilities!
Full Property Details
Full Property Details for 203 W Main St
General
- Price: $299,900
- Taxes: $4,428 (2026)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: MDCC2023460
- Updated: 10/10/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease Info: Long Term
Interior
- Interior Features: Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In
- Appliances: Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
- Flooring: Carpet, Laminated, Hardwood
Exterior
- Exterior Features: Gutter System, Sidewalks
- Porch/Patio/Deck: Roof
Parking
- Parking Features: Lighted Parking, Unassigned
- Parking Type: Parking Lot
Location
- County: CECIL
- Driving Directions: Follow GPS. Apartment building is directly across from the hardware store. Parking is allowed anywhere in the large parking lot.
- City Limits: Yes
School Information
- School District: Cecil County Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Block, Shingle Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Block
- Roof: Shingle
- Square Feet: 4,516
- Sq. Ft. Source: Estimated
- Living Area: 2,974 Sq. Ft.
- Finished Above Grnd: 2,974 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,231
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Zoning: C1
Financial Considerations
- Price Per Sq. Ft.: $100.84
- Assessment Year: 2026
- City/TownTax: $1,614
- City/TownTax Freq: Annually
- County Tax: $2,754
- County Tax Freq: Annually
- Tax w/Assessment: $253,967
- Tax Amount: $4,428
- Tax Year: 2026
- Owner Pays: Repairs, Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Appliances: Refrigeratorss, Microwaves, Washer/Dryer
Listed by RE/MAX Chesapeake, Sheila Tweed
Get Pre-Approved Today
Schools
Schools serving 203 W Main St
School District:Cecil County Public Schools
| Name | Grades | Distance |
|---|---|---|
Gilpin Manor Elementary School 203 Newark Avenue, Elkton, MD 21921 | PK-5 | 0.9 mi |
Elkton Middle School, Elkton, MD 615 North Street, Elkton, MD 21921 | 6-8 | 1 mi |
Elkton High School 110 James Street, Elkton, MD 21921 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 203 W Main St
Date
Details
Price
Change
Source
10/09/2026
Listed
$299,900
1099.6%
MLS
12/09/2009
Sold
$25,000
—
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 203 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,368
26%
$253,967
27%
2025
$3,469
36%
$200,533
36%
2024
$2,545
-1%
$147,100
—
2023
$2,560
54%
$147,100
—
2022
$1,657
-37%
$147,100
-1%
2019
$2,620
-1%
$148,300
1%
2021
$2,636
1%
$147,367
1%
2020
$2,620
1%
$146,433
1%
2019
$2,603
—
$145,500
—
2018
$2,603
6%
$145,500
—
2017
$2,458
-3%
$145,500
-3%
2016
$2,526
—
$149,600
—
2015
$2,526
—
$149,600
—
2014
$2,526
—
$149,600
—
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 203 W Main St
203 W Main Street, Elkton, MD 21921 (MLS# MDCC2023460) is a Single Family property with 0 bedrooms and 0 full bathrooms. 203 W Main Street is currently listed for $299,900 and was received on October 09, 2026. Want to learn more about 203 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.
