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$339,000

  • For Sale
  • Active
  • Single Family
  • 2,655 Sq. Ft.
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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: $339,000
  • Taxes: $2,590 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDQA2016988
  • Updated: 5/29/2026
  • Added to Site: 63 day(s) ago

Interior

  • Flooring: Carpet, Luxury Vinyl Plank, Hardwood, Vinyl

Parking

  • Total Spaces: 8
  • Parking Type: Parking Lot

Location

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

School Information

  • School District: Queen Anne's County Public Schools
  • Elementary School: Grasonville
  • Middle School: Stevensville
  • High School: Kent Island

Heating & Cooling

  • Cooling Type: Other, Wall Unit
  • Cooling Fuel: Other
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Other, Propane - Owned
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Frame
  • Foundation: Other
  • Roof: Asphalt, Shingle, Metal
  • Square Feet: 2,655
  • Sq. Ft. Source: Assessor
  • Living Area: 2,655 Sq. Ft.
  • Finished Above Grnd: 2,655 Sq. Ft.
  • Year Built: 1954
  • Year Built Source: Assessor

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.: $127.68
  • Assessment Year: 2026
  • County Tax: $2,590
  • County Tax Freq: Annually
  • Tax w/Assessment: $299,167
  • Tax Amount: $2,590
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2655

Disclosures and Reports

  • Ownership: Fee Simple

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

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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
5/29/2026
Price Increased
$339,000
35.6%
MLS
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
2025
$2,590
15%
$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.

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*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

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5122 Main Street, Grasonville, MD 21638 (MLS# MDQA2016988) is a Single Family property with 0 bedrooms and 0 full bathrooms. 5122 Main Street is currently listed for $339,000 and was received on April 17, 2026. Want to learn more about 5122 Main Street? Do you have questions about finding other Single Family real estate for sale in Grasonville? You can browse all Grasonville real estate or contact a Coldwell Banker agent to request more information.

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