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Three-Unit Mixed-Use Property

7104 HARFORD Road Baltimore, MD 21234

Claim this Listing
For Sale
$369,900

MULTI_FAMILY - BALTIMORE, MD

Property size:
1,636 SF
Lot size:
0.06 Acres
Price / SF:
$226.10/SF
Added:
May 28, 2026
Days on Market:
48
Last Refresh:
Jul 14 at 10:06 am

Property Features for 7104 HARFORD Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Driveway, Off Street
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Standard status
Active
Size
1,636 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
3549

Utilities

Heating system
Other (Heating)
Cooling system
Ceiling Fan(s), Window Unit(s)

Building Details

Year built
1930
Number of units
3
Building materials
Brick

Listing agent Marcus P Hairston License #0671997

Listing office Keller Williams Gateway LLC 8015 CORPORATE Drive unit: C, NOTTINGHAM, MD

Listing date May 28, 2026

MLS# MDBA2215998 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.


Investment Insights

Based on property information with market context.

The Harford is a three-unit mixed-use property with one ground-level commercial unit and two residential units. The commercial space is rented to a beauty salon and features street signage. The two additional units are a second-floor one-bedroom, one-bath apartment and a third-floor space that can be configured as a one- or two-bedroom, one-bath residence. The property has been recently updated throughout.

The commercial unit is currently occupied while the two residential units are vacant. Each unit is individually metered, with gas furnaces for the residential units and electric heat for the salon. Rear parking is available, and front parking is possible.

Situated just minutes from shopping, entertainment, and major commuter routes, the property offers an owner or investor multiple-income configuration with separate utilities and heating by unit.

Key Highlights

  • 3‑unit mixed‑use property with 1 ground‑level commercial unit plus 2 residential units
  • Commercial space is leased to a beauty salon; street signage noted for the salon unit
  • Two residential units are currently vacant, including a 1BR/1BA second‑floor unit

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 $36.3k $22.20
− Vacancy −$2.0k −$1.22
EGI $34.3k $20.98
− OpEx −$10.3k −$6.29
NOI $24.0k $14.69
1,636 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$343.2K
$300.3K – $400.4K (±1% cap)
NOI $24,025 @ 7.0% cap · market cap 6.49%
Second Best
Retail
$330.8K
$289.5K – $385.9K (±1% cap)
NOI $23,156 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$391.9K
$343.0K – $457.3K (±1% cap)
NOI $27,436 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Crowned Naturals Studio Hair Salon Colé Mixology & Event ... Event Planning Beauti Remedies Beauty ... Hair Salon

Suggested Use

Real Estate Agency Law Firm Acupuncture Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Tech Support Center Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three units with a street-signage retail space and two residential units, all individually metered with separate heating systems.
Where is this triplex located?
The property is located at 7104 HARFORD Road Baltimore, MD.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 3‑unit mixed‑use property with 1 ground‑level commercial unit plus 2 residential units; Commercial space is leased to a beauty salon; street signage noted for the salon unit; Two residential units are currently vacant, including a 1BR/1BA second‑floor unit
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