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Elkton, MD Multifamily Home for Sale

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    $1,300,000

    • Studio
    • 3,000 Sq Ft

    56 Mimosa Ln, Elkton, MD 21921

    3 income producing Brick Ranch homes with new roofs and attached garages.77 Mimosa-Stone front, oversized 2 car garage, brick wood burning fireplace, 3 bedrooms, 2 Baths40 Mimosa-All Brick, oversized 1 car garage, 3 bedrooms, 1 full bath, 1 laundry that was a full Bath56 Mimosa-All Brick,2 car garage, 3 Bedrooms, 2 Baths, Large Front Porch.Other features:Stocked Pond, 20'x50'

    Melinda Wimer Harlan C. Williams Co.

    56 Mimosa Ln, Elkton, MD 21921

Why Live in Elkton

Elkton, MD, a small town near the Delaware border, is rich in history and cultural attractions. Known as the "Elopement Capital of the East," it has a storied past with notable figures like Charles Barkley and Billie Holiday tying the knot here. Elkton's downtown area thrives as an Arts & Entertainment District, featuring art galleries, live music, and a variety of restaurants. Events such as First Fridays, Music on Main, and the Fall Fest draw crowds, while the Elkton Music Hall hosts diverse musical acts. The town's Main Street offers a pedestrian-friendly environment with local shops, eateries, and nightlife options like C3ntral Tavern and Elk River Brewing. For outdoor enthusiasts, the nearby Fair Hill Natural Resources Management Area provides extensive hiking and biking trails and hosts significant events like the Maryland 5 Star Equestrian Competition. Housing in Elkton ranges from manufactured homes to contemporary townhomes and Colonial-inspired single-family properties, with new constructions on the outskirts. Despite frequent flooding issues, particularly in areas like Meadow Park, the town is actively seeking solutions to mitigate these challenges. Educational needs are served by Cecil County Public Schools, with Tri-State Christian Academy offering a highly rated private school option. Elkton is well-connected via Interstate 95 and U.S. Route 40, making commutes to Baltimore and Philadelphia manageable. Local amenities include ChristianaCare hospital and shopping plazas, with additional options in nearby Newark, DE.

Home Trends in Elkton, MD

Housing Trends

Median Sale Price
$370,000
Median Single Family Sale Price
$410,000
Median Townhouse Sale Price
$255,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
76
Last 12 months Home Sales
429
Months of Supply
2.10
Median List Price
$380,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
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