1100 MERIDENE Drive Baltimore, MD 21239
MULTI_FAMILY - Other - BALTIMORE, MD
Property Features for 1100 MERIDENE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Microwave, Stove, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, Energy Efficient Appliances
- Standard status
- Active
- Size
- 1,846 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2882
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Heat Pump, Central Air
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Yannik Cudjoe-Virgil License #0672824 (240) 847-4605
Listing office Bennett Realty Solutions 6301 Ivy Lane unit: 805, GREENBELT, MD (301) 459-5040
Listing date Jul 3, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property also includes major capital improvements. A new roof was installed in 2025, and central A/C was installed in 2022 and 2024. A new electric heat pump was installed in 2024 for Unit 2. Separate 100-amp updated electrical panels serve each unit.
With independent storage in the shared unfinished basement and separate electrical service, the duplex is configured to support independent unit living while benefiting from the recent system upgrades.
Key Highlights
- Renovated brick end‑unit duplex built in 1948 with 2 bedrooms and 1 full bathroom in each unit
- Unit 1 currently occupied and rents for $1,413/month with luxury vinyl plank flooring
- Unit 2 is vacant and move‑in ready with refinished hardwood floors plus luxury vinyl plank flooring
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $25.20 |
| − Vacancy | −$2.8k | −$1.51 |
| EGI | $43.7k | $23.69 |
| − OpEx | −$19.7k | −$10.66 |
| NOI | $24.1k | $13.03 |
