Two-Unit Residential Income
3401 W ROGERS Avenue Baltimore, MD 21215
3401 W ROGERS Avenue, Baltimore, MD, 21215
$295,000
For Sale
Under Contract
$295,000
MULTI_FAMILY - Colonial - BALTIMORE, MD
Property Size1,884 SF
Lot Size0.13 Acres
Price / SF$156.58
Days on Market16
Property Features for 3401 W ROGERS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Off Street, Parking Lot
- Standard status
- Active Under Contract
- Size
- 1,884 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5900
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1926
- Number of units
- 2
- Building materials
- Frame, Stone, Vinyl Siding
- Architectural style
- Colonial
Listing agency
Berkshire Hathaway HomeServices PenFed Realty
(410) 464-5500
Listed by
Michael L Bailey · License #652591
(301) 363-2840
Added: Jul 7 Updated: Jul 11 at 2:02PM Checked: Jul 22 at 11:06AM
MLS# MDBA2215090
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.
This two-unit residential income property includes two separate living spaces. The first unit is a single-level apartment-style residence with 3 bedrooms and 1 full bathroom. The second unit is a bi-level layout with 4 bedrooms and 1 full bathroom, offering additional living space across two levels. Combined, the property provides a total of 7 bedrooms within approximately 1,884 square feet, situated on an approximately 0.1342-acre lot.
The property is located at 3401 W Rogers Avenue in Baltimore, Maryland 21215. The listing remarks describe the asset as being in Northwest Baltimore near the Pimlico Race Course redevelopment and in the Park Heights revitalization area, with access to major commuter routes and nearby shopping, dining, parks, and public transportation.
The layout is well suited for tenants, owner-occupants, or investors looking for straightforward separation between two units. One practical option is to occupy one residence while renting the other, or to rent both units for income. With bedrooms spread across both a single-level and a bi-level configuration, the property may appeal to a range of household sizes seeking distinct living arrangements under one roof.
The property is located at 3401 W Rogers Avenue in Baltimore, Maryland 21215. The listing remarks describe the asset as being in Northwest Baltimore near the Pimlico Race Course redevelopment and in the Park Heights revitalization area, with access to major commuter routes and nearby shopping, dining, parks, and public transportation.
The layout is well suited for tenants, owner-occupants, or investors looking for straightforward separation between two units. One practical option is to occupy one residence while renting the other, or to rent both units for income. With bedrooms spread across both a single-level and a bi-level configuration, the property may appeal to a range of household sizes seeking distinct living arrangements under one roof.
Key Highlights
- Multi‑unit property with Colonial architecture and frame/stone/vinyl siding construction
- Two residential units: 3 bedrooms and 1 full bath in one unit
- Second unit is bi‑level with 4 bedrooms and 1 full bath
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 | $37.3k | $19.80 |
| − Vacancy | −$2.6k | −$1.35 |
| EGI | $34.8k | $18.45 |
| − OpEx | −$10.4k | −$5.53 |
| NOI | $24.3k | $12.91 |
1,884 SF · lease $19.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$319.8K
$279.8K – $373.1K
NOI $22,386 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$449.2K
$393.0K – $524.0K
NOI $31,441 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residences with 7 total bedrooms provide flexible living and rental configuration in Baltimore.
Where is this duplex located?
The property is located at 3401 W ROGERS Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Multi‑unit property with Colonial architecture and frame/stone/vinyl siding construction; Two residential units: 3 bedrooms and 1 full bath in one unit; Second unit is bi‑level with 4 bedrooms and 1 full bath
