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Listing view 3

242 W Main St, 
Elkton, MD 21921

$262,500

5

Beds

—

Bath

2,976

Sq Ft

Multi-Family

Active

Listed by

Brian D. Foraker

Foraker Realty Co., (484) 406-3004

Last updated:

September 10, 2026, 01:34 PM

MLS#

MDCC2022994

Source:

BRIGHTMLS

About This Home

242 W Main St

Prime Investment Opportunity, Quadraplex Close to Town Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look. Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!

Home Facts

Multi-Family

5 Bedrooms

Built in 1915

Price Summary

262,500

$88 per Sq. Ft.

MLS #:

MDCC2022994

Last Updated:

September 10, 2026, 01:34 PM

Added:

1 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Structure

Structure

Architectural Style:

Colonial

Building Area:

2,976 Sq. Ft.

Year Built:

1915

Lot

Lot Size (Sq. Ft):

13,068

Finances & Disclosures

Finances

Price:

$262,500

Price per Sq. Ft:

$88 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

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 Contact, 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 a 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.