Renovated Duplex in Franklin
1412 W SARATOGA Street, Baltimore, MD 21223
MULTI_FAMILY - Colonial - BALTIMORE, MD
Property size:
1,757 SFLot size:
0.04 AcresPrice / SF:
$170/SF- Added:
- Apr 9, 2026
- Days on Market:
- 52
- Last Refresh:
- May 30 at 2:06 am
Property Features for 1412 W SARATOGA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking
- 1
- Parking features
- On Street, Off Street
- Interior features
- Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Floor Plan - Open, Recessed Lighting
- Appliances
- Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Microwave, Range Hood, Refrigerator, Stove, Washer
- Standard status
- Active
- Size
- 1,757 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1024
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Floretta Davis License #582030 (301) 640-1978
Listing office Samson Properties 16701 Melford Boulevard unit: 100, Chantilly, MD (301) 850-0255
Listing date Apr 9, 2026
MLS# MDBA2210256
Listing URL
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.
HighLights
- Turnkey, income‑producing duplex fully renovated in 2024, ideal for investors or owner‑occupants.
- Unit 2 is fully furnished and successfully operated as a short‑term rental (Airbnb), with furnishings included in the sale.
- Prime location within walking distance to downtown Baltimore, Oriole Park, M&T Bank Stadium, and the Inner Harbor.
- Unit 1 is tenant‑occupied at $1,450 per month, providing immediate rental income.
- Off‑street parking available, a rare and valuable amenity in the area.
- Property is fully documented and compliant with rental licenses and lead certifications.
Overview
Located in the historic Franklin Square community of Baltimore, this renovated two-unit multifamily duplex was fully updated in 2024. Unit 1, currently tenant-occupied at $1,450 per month, spans two finished levels and features two bedrooms and two bathrooms. It includes exposed brick accents, an updated kitchen with a breakfast bar, and a finished basement with ceramic tile flooring. Direct access to the rear yard and off-street parking are included. Unit 2 is fully furnished and has been operated as a short-term rental. The furnishings convey with the sale. This unit features modern finishes including luxury vinyl plank flooring, updated systems, and exposed brick. The property is located on a well-maintained block across from a charter school. Residents enjoy proximity to Oriole Park at Camden Yards, M&T Bank Stadium, and the Inner Harbor, along with access to shopping, dining, and commuter routes. The property is a documented and compliant investment, complete with rental licenses and lead certifications. The property size is 1757 square feet and the lot size is 0.0362 acres.
Local Financial Insights For Multifamily LT 5
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 | $39.0k | $22.20 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $36.9k | $20.98 |
| − OpEx | −$11.1k | −$6.29 |
| NOI | $25.8k | $14.69 |
1,757 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$368.6K
$322.5K – $430.0K
NOI $25,802 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$327.0K
$286.1K – $381.5K
NOI $22,891 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$420.9K
$368.3K – $491.1K
NOI $29,465 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.64061
- Latitude
- 39.2924
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey, income-producing duplex near downtown Baltimore.
Where is this duplex located?
The property is located at 1412 W SARATOGA Street Baltimore, MD.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Turnkey, income‑producing duplex fully renovated in 2024, ideal for investors or owner‑occupants.; Unit 2 is **fully furnished and successfully operated as a short‑term rental (Airbnb)**, with furnishings included in the sale.; **Prime location within walking distance to downtown Baltimore, Oriole Park, M&T Bank Stadium, and the Inner Harbor.**
