5122 MAIN STREETGRASONVILLE, MD 21638

Multi-Family · 2,655 Sq. ft. | 0.64 Acres
$339,000 ACTIVE

5122 MAIN STREET Overview

Time on Site:
73 days
Visits:
4

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.

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5122 MAIN STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,655
  • Price/Sq.ft. $128
  • Lot 0.64 Acres

Details

General

School Information

  • Elementary School: GRASONVILLE
  • Middle Or Junior School: STEVENSVILLE
  • High School: KENT ISLAND

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2655
  • Year Built: 1954

Location/Region

  • Country: US
  • County: QUEEN ANNES
  • County Or Parish: QUEEN ANNES
  • In City Limits: No
  • Subdivision Name: GRASONVILLE

Parking Information

  • Total Parking Spaces: 8
  • Type of Parking: Parking Lot

Tax Information

  • County Tax: 2590.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,590.00
  • Tax Assessed Value: 299167.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Other
  • Property Type: Multi-Family
  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: GNC

Interior

Building Information

  • Cooling Fuel: Other
  • Heating Fuel: Other,Propane - Owned

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 2655
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Other

General Information

  • Accessibility Features: None
  • Cooling: Other, Wall Unit
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl Plank, Hardwood, Vinyl
  • Foundation Details: Other
  • Living Area: 2655
  • Living Area Source: Assessor

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 3

Exterior

Lot Information

  • Lot Size Acres: 0.64
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 27878.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle, Metal

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

5122 MAIN STREET Neighborhood

Community

21638 (GRASONVILLE) Demographics

45
Median Age
342
Population Density (per sq. mile)
49%
College Educated
$110,170
Estimated Median Income
1,540
Estimated Total Home Owners
431
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

5122 MAIN STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5122 MAIN STREET Market Data

Based on the last 30 days in this zip code

$756,388
Average List Price
$311
Average Price per Square Foot
9
Properties Sold
91
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

5122 MAIN STREET History

Date Event Value Agent
5/29/2026Source: BRIGHT MLS Price Increase
$339,000 35.6%
5/29/2026Source: BRIGHT MLS Price Increase
$339,000 35.6%
4/17/2026Source: BRIGHT MLS Added to Database
April 17, 2026
4/17/2026Source: BRIGHT MLS Added to Database
April 17, 2026
Listing provided courtesy of A.J. Billig & Company- MLS# MDQA2016988MLS ProviderContact Information: [email protected] - 4102968440