288 E Main St Westminster, MD 21157
Estimated payment $1,394/month
Highlights
- City View
- No HOA
- Historic Home
- Cranberry Station Elementary School Rated A-
- Level Lot
About This Lot
***LOT FOR SALE – PRIME MULTI-UNIT INVESTMENT OPPORTUNITY in Westminster, MD***Rare opportunity to acquire a ready-to-build, income-producing apartment project in the heart of Westminster. This approved and fully entitled lot is zoned for a 4-unit, two-bedroom apartment building, making it an ideal investment for developers or investors seeking long-term residual income***
Key Highlights:
-Zoned & approved for a 4-unit, 2BR apartment building
-Approved site plan and architectural drawings already in place
-Much of the engineering work completed and approved by the county
-Separate water and sewer rights allocated and appropriated for all four units
-Significant upfront time, cost, and risk already eliminated
-Small existing structure could be removed by next owner
-Located in the heart of Westminster, close to shops, dining, employment, and services
***This property offers a truly rare chance to bring a new construction, income-producing apartment building to a strong rental market—without starting from scratch. Adding to its uniqueness, the original owner of the land dates back to the 1700s and was William Winchester, blending deep local history with modern investment potential***Whether you’re a seasoned investor or a developer looking for your next project, this is a turn-key development opportunity with years of future cash flow ahead***
Listing Agent
(410) 549-3500 rubyrealtor@gmail.com RE/MAX Advantage Realty Brokerage Phone: 4105493500 License #620265 Listed on: 02/04/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,900
Lot Details
- 0.25 Acre Lot
- Level Lot
- Building Permit Application Pending Approval
- Cost To Obtain Building Permits
- Historic Home
- Property is zoned DOWNTOWN APARTMENT, Zoned for the construction of a 4 Unit Apartment building. Water rights already given and being paid for by seller.
Property Views
- City Views
Schools
- Cranberry Station Elementary School
- East Middle School
- Winters Mill High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0707067887
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,829 | $108,900 | $108,900 | $0 |
| 2024 | $1,829 | $108,900 | $108,900 | $0 |
| 2023 | $1,840 | $108,900 | $108,900 | $0 |
| 2022 | $1,829 | $108,900 | $108,900 | $0 |
| 2021 | $9,672 | $286,167 | $0 | $0 |
| 2020 | $9,575 | $285,000 | $108,900 | $176,100 |
| 2019 | $4,122 | $261,200 | $0 | $0 |
| 2018 | $3,851 | $237,400 | $0 | $0 |
| 2017 | $3,546 | $213,600 | $0 | $0 |
| 2016 | -- | $211,067 | $0 | $0 |
| 2015 | -- | $208,533 | $0 | $0 |
| 2014 | -- | $206,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $240,000 | +108.7% | -- | |
| 03/12/2021 03/12/21 | Sold | $115,000 | -8.0% | $35 / Sq Ft | View Prior Sale |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- | |
| 02/10/2021 02/10/21 | For Sale | $125,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $115,000 | Lakeside Title Company | |
| Deed Of Distribution | -- | None Available | |
| Deed Of Distribution | -- | None Available |
Source: Bright MLS
MLS Number: MDCR2032044
APN: 07-067887
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Ask me questions while you tour the home.