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for sale
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$339,000

0beds
|
0baths
|
2,655sqft
|
1954built
5122 Main St,Grasonville, MD 21638

Est.$2,229/moCustomize payment

What's special

$128/sqft

Price per square foot

Built in 1954

72 years old

Overview

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.

Listing updated: May 30, 2026 at 11:58 AM

Listed by:

Charles N Billig 410-296-8440, A.J. Billig & Company

Source: Bright MLS · MLS #MDQA2016988Bright MLS

Property details

Cost estimate

Est. monthly payment

$2,106/mo
Principal & interest
$1,777
Property tax
$216
Home insurance (est.)
$113

Down payment

$67,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($67,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
May 29, 2026Price increased$339,000(+$89,000)
Apr 17, 2026Listed for sale$250,000

Location

5122 Main St, Grasonville, MD 21638

Nearby schools

GRASONVILLE

Elementary School

STEVENSVILLE

Middle School

KENT ISLAND

High School

Nearby homes

$339,000

0 beds · 0 baths · 2,655 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/4/2026.