Recently Viewed Properties
See This Home
Save This Listing
Close

$250,000 Just Listed

  • For Sale
  • Active
  • Apartment

Next open house:

Open House: 11:00 AM - 12:00 PM

Friday 5/29 11:00 AM - 12:00 PM

5122 Main Street,Grasonville, MD 21638

5122 Main StreetGrasonvilleMD21638

Get directions
See This Home
Save This Home
See This Home
Save This Home
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Thursday, May 28, 2026. Live On Site Auction - Friday, May 29, 2026 at 12:00 noon. List price is opening bid only. Live Auction Bidders - A deposit of $30,000, payable by cashier's check, will be required of the purchaser at time and place of sale. Online Auction Bidders - A deposit of $30,000, payable by cashier's check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. 5122 Main Street comprises a 5 unit apartment building in the Grasonville area of Queen Anne's County. The property is located a short distance south of exit 44B from US-50, near the US-50/US-301 interchange and approximately 8 miles east of the Bay Bridge, providing a convenient location for tenants commuting throughout the Eastern Shore and Annapolis areas. The building currently has 4 of 5 units rented for a gross rent of $3,000/month ($36,000/year). The auction provides an opportunity to buy a strategically located asset with excellent upside potential.

Full Property Details for 5122 Main St

General

  • Price: $250,000
  • Taxes: $2,590 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDQA2016986
  • Updated: 4/17/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 8
  • Parking Type: Parking Lot

Location

  • County: QUEEN ANNES
  • Subdivision: GRASONVILLE
  • Driving Directions: Near US-50 & Evans Avenue

School Information

  • Elementary School: Grasonville
  • Middle School: Stevensville
  • High School: Kent Island

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Other
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Roof: Asphalt, Shingle
  • Building Size: 2655
  • Year Built: 1954
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.64
  • Lot Size (Sq. Ft.): 27,878
  • Lot Size Source: Assessor
  • Zoning: GNC

Financial Considerations

  • Price Per Sq. Ft.: $94.16
  • Assessment Year: 2026
  • County Tax: $2,590
  • County Tax Freq: Annually
  • Tax w/Assessment: $299,167
  • Tax Amount: $2,590
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple

Listed by A.J. Billig & Company, Charles N Billig

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 5122 Main St —

  • Charles N Billig

    A.J. Billig & Company

Listing Office Email: info@ajbillig.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5122 Main St

School District:Queen Annes County Public Schools
NameGradesDistance
Grasonville Elementary School
5435 Main Street, Grasonville, MD 21638
PK-50.4 mi
Stevensville Middle School
610 Main Street, Stevensville, MD 21666
6-86.2 mi
Kent Island High School
900 Love Point Road, Stevensville, MD 21666
9-126.5 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 5122 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$250,000
—
MLS
1/02/2026
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
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 for 5122 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,259
—
$274,933
10%
2023
$2,259
—
$250,700
5%
2023
$2,259
8%
$239,833
10%
2021
$2,092
—
$218,100
—
2020
$2,092
—
$218,100
—
2019
$2,092
2%
$218,100
2%
2018
$2,053
2%
$214,033
2%
2017
$2,014
2%
$209,967
2%
2016
$1,975
—
$205,900
—
2015
$1,975
—
$205,900
—
2014
$1,975
—
$205,900
—
View All
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 for 5122 Main St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by A.J. Billig & Company, Charles N Billig

Just Listed near 5122 Main St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

306 Overlook Dr, Queenstown, MD 21658 - Photo 1 Just Listed
$609,000
Open House

306 Overlook Dr  Queenstown, MD 21658

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,702
    Sq. Ft.
Listed by Jenn Angel-Fuhlman (443) 770-3383
108 Gloucester Rd, Queenstown, MD 21658 - Photo 1 Coming Soon
$669,500

108 Gloucester Rd  Queenstown, MD 21658

  • Single Family
  • Coming Soon
  • 3
    Beds
  • 3
    Total Baths
  • 2,240
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., Mary Stevens
200 Wye Rd, Queenstown, MD 21658 - Photo 1 Just Listed
$4,700,000

200 Wye Rd  Queenstown, MD 21658

  • Single Family
  • Active
  • Updated 1 day ago
  • 6
    Beds
  • 6
    Total Baths
  • 8,180
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Bradley R Kappel and TTR Sotheby's International Realty, Joseph Bray
29 Queen Mary Ct, Chester, MD 21619 - Photo 1 Just Listed
$599,000

29 Queen Mary Ct  Chester, MD 21619

  • Townhouse
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,425
    Sq. Ft.
Listed by Jorge A. Zea, Jorge Zea

Price Reduced near 5122 Main St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

107 Chestnut Ln, Queenstown, MD 21658 - Photo 1 Just Listed
$639,000

107 Chestnut Ln  Queenstown, MD 21658

  • Single Family
  • Active
  • 4
    Beds
  • 3
    Total Baths
  • 2,785
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., Linda L Austin
325 Greenspring Rd, Queenstown, MD 21658 - Photo 1 Price Reduced
-$25 (0%)
$599,875

325 Greenspring Rd  Queenstown, MD 21658

  • Single Family
  • Active
  • Updated 2 days ago
  • 1,850
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices PenFed Realty, Charles W Cockrill and Coldwell Banker Realty, Patricia A Roe
110 Yewell Rd, Queenstown, MD 21658 - Photo 1
$450,000

110 Yewell Rd  Queenstown, MD 21658

  • Single Family
  • Active
  • 2
    Beds
  • 2
    Total Baths
  • 1,084
    Sq. Ft.
Listed by Compass, Giovanna Piskulich
1916 Stevens Dr, Chester, MD 21619 - Photo 1 Price Reduced
-$9,100 (-1.86%)
$479,900

1916 Stevens Dr  Chester, MD 21619

  • Single Family
  • Active
  • Updated 3 days ago
  • 1
    Total Bath
  • 1,728
    Sq. Ft.
Listed by The OConnor Group (410) 212-8026

Recent Sales near 5122 Main St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

117 Coursey Rd, Grasonville, MD 21638 - Photo 1 Sold
$239,000

117 Coursey Rd  Grasonville, MD 21638

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,344
    Sq. Ft.
Listed by Chaney Homes, LLC, Michael S Roenigk and Chaney Homes, LLC, Susan Taylor
Sold by RE/MAX Executive, Pamela B Ackermann
306 Teal Ct, Chester, MD 21619 - Photo 1 Sale Pending
$274,900

306 Teal Ct  #C  Chester, MD 21619

  • Condo
  • Pending
  • 2
    Beds
  • 2
    Total Baths
  • 1,073
    Sq. Ft.
Listed by Kelly and Co Realty, LLC, Kelly Schuit
201 Golden Eye Ct, Chester, MD 21619 - Photo 1 Sold
$276,000

201 Golden Eye Ct  Chester, MD 21619

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,073
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Melissa J Tippett
Sold by Unrepresented Buyer Office, Unrepresented
106 Merganser Ct, Chester, MD 21619 - Photo 1
$285,000

106 Merganser Ct  Chester, MD 21619

  • Condo
  • Under Contract
  • 2
    Beds
  • 2
    Total Baths
  • 1,069
    Sq. Ft.
Listed by RE/MAX Executive, Crystal M Smith

5122 Main Street, Grasonville, MD 21638 (MLS# MDQA2016986) is a Apartment property. 5122 Main Street is currently listed for $250,000 and was received on April 17, 2026. Want to learn more about 5122 Main Street? Do you have questions about finding other Apartment real estate for sale in Grasonville? You can browse all Grasonville real estate or contact a Coldwell Banker agent to request more information.

Tour this property