Halethorpe Multifamily Investment
4606 RIDGE Avenue, Halethorpe, MD 21227
MULTI_FAMILY - Colonial - HALETHORPE, MD
Property size:
3,374 SFLot size:
0.29 AcresPrice / SF:
$168/SF- Added:
- Apr 17, 2025
- Days on Market:
- 400
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 4606 RIDGE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 6
- Parking features
- Parking Lot, Off Street, Driveway
- Interior features
- Carpet
- Appliances
- Refrigerator, Oven/Range - Gas
- Standard status
- Active
- Size
- 3,374 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4195
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Frame, Vinyl Siding
- Architectural style
- Colonial
Listing agent David A Alvarado License #659462 (240) 997-9506
Listing office Fairfax Realty Premier 10770 Columbia Pike unit: 250, Falls Church, MD (301) 439-9500
Listing date Apr 17, 2025
MLS# MDBC2124580
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
- Four units with a desirable mix of two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath units.
- Individually metered for gas and electric, simplifying utility management.
- Existing tenants with leases extended through 2025 and 2026, providing immediate income.
- Coin laundry on‑site, offering an additional revenue stream.
- Convenient access to Marc Station, Route 1, and 695.
- Ample on‑site parking for residents.
Overview
This four-unit multifamily property in Halethorpe presents an opportunity for investment. The unit mix includes two one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. Each unit is individually metered for gas and electric. The property features four separate entrances and a coin laundry. Tenants are currently in place with lease extensions through 2025 and 2026. Rents are as follows: Unit 1A (two-bedroom, one-bathroom) is leased for $1150 per month, Unit 1B (two-bedroom, one-bathroom) is leased for $1175 per month, Unit 2A (one-bedroom, one-bathroom) is currently vacant, and Unit 2B (one-bedroom, one-bathroom) is leased for $1,100 per month. The property has been maintained and offers potential to increase net operating income through renewals and renovations. The property provides on-site parking and access to the Marc Station, Route 1, and 695. The property size is 3374 square feet and the lot size is 0.287 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Halethorpe
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.722
- Latitude
- 39.2187
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with long-term tenants and value-add potential.
Where is this quadplex located?
The property is located at 4606 RIDGE Avenue Halethorpe, MD.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four units with a desirable mix of two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath units.; Individually metered for gas and electric, simplifying utility management.; Existing tenants with leases extended through 2025 and 2026, providing immediate income.
