4204 KENWOOD Avenue Baltimore, MD 21206
MULTI_FAMILY - Cape Cod - BALTIMORE, MD
Property Features for 4204 KENWOOD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,504 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3547
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Stucco
- Architectural style
- Cape Cod
Listing agent Darlene M Tawney License #580853 (410) 218-9658
Listing office Samson Properties 6211 Greenleigh Avenue unit: 100, Chantilly, MD (443) 317-8125
Listing date Apr 3, 2025
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 home sits on a 0.1205-acre lot and includes a covered front porch, a side entrance, and a driveway. The property is described as having separate meters and is zoned.
From a tenant or buyer standpoint, the separate-meters setup can support independent utility tracking for the two units. The combination of a finished second-floor apartment and a first-floor arrangement with multiple closets and French-door separation between living and dining may fit a range of household needs, while the unfinished lower level leaves space for future finishing if desired. The described flexibility to convert back to a single-family configuration adds optionality for owner-occupants and investors.
Key Highlights
- Two‑apartment home easily convertible to single‑family.
- Opportunity to rent one apartment and live in the other to offset mortgage costs.
- Separate meters for each apartment.
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 | $33.4k | $22.20 |
| − Vacancy | −$1.7k | −$1.15 |
| EGI | $31.7k | $21.05 |
| − OpEx | −$9.5k | −$6.31 |
| NOI | $22.2k | $14.73 |
