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108 Little Kidwell Avenue, Centreville, MD, 21617
Occupied Duplex with Rental Income

108 Little Kidwell Avenue Centreville, MD 21617

For Sale
$285,000

Two 1BR/1BA units with shared driveway, one currently occupied, and recent updates to roof and unit B systems.

Property Size1,272 SF
Price / SF$224.06
Days on Market82

Property Features for 108 Little Kidwell Avenue

General Information

Standard status Active
Size 1,272 SF
Property subtype Multi-Family / Fee Simple

Building Details

Year Built 1891
Listing Agency: Haven Firm
Listed By: Joy A. Johnson · License #676986
Source: Compass
Added: May 10 Changed: Jul 10 Last Checked: Jul 29 at 1:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Haven Firm

Investment Insights

Based on property information with market context.

This duplex is configured as two separate 1-bedroom, 1-bath units. The property features hardwood and laminate flooring, along with a washer hookup in unit B. Public water and sewer service are provided, and both units use a shared driveway with available street parking. Recent improvements include an updated roof in 2023, an upgraded electrical panel, and unit B upgrades including a new mini-split system in 2026 and a new water heater in 2026.

The property is located in Centreville within Queen Anne’s County. The address is provided within city limits as no, and it is served by the Queen Anne’s County Public Schools district.

For investors or owner-occupants, the practical advantage is immediate rental income potential with one unit already occupied and the second unit available for a new tenant. The combination of public utilities, in-unit washer hookup for unit B, and the documented updates to the roof and key mechanical components can support straightforward leasing and reduced near-term capital planning for a new operator.

Key Highlights

  • Two 1BR/1BA duplex units on one property, with one unit currently occupied and the other available for a new tenant
  • Recent updates include an updated roof (2023) and an upgraded electrical panel
  • Unit B upgrades include a new mini‑split system (2026) and a new water heater (2026)

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 $28.2k $22.20
− Vacancy −$1.5k −$1.15
EGI $26.8k $21.05
− OpEx −$8.0k −$6.31
NOI $18.7k $14.73
1,272 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$267.7K
$234.2K – $312.3K (±1% cap)
NOI $18,739 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$239.3K
$209.4K – $279.1K (±1% cap)
NOI $16,748 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$304.7K
$266.7K – $355.5K (±1% cap)
NOI $21,332 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Skin Care Clinic Cafe & Coffee Shop Auto Parts Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two 1BR/1BA units with shared driveway, one currently occupied, and recent updates to roof and unit B systems.
Where is this duplex located?
The property is located at 108 Little Kidwell Avenue Centreville, MD.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two 1BR/1BA duplex units on one property, with one unit currently occupied and the other available for a new tenant; Recent updates include an updated roof (2023) and an upgraded electrical panel; Unit B upgrades include a new mini‑split system (2026) and a new water heater (2026)
More about this property
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