Renovated End-Unit
1100 MERIDENE Drive Baltimore, MD 21239
1100 MERIDENE Drive, Baltimore, MD, 21239
$284,990
For Sale
$284,990
MULTI_FAMILY - Other - BALTIMORE, MD
Property Size1,846 SF
Lot Size0.12 Acres
Price / SF$154.38
Days on Market19
Property Features for 1100 MERIDENE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Appliances
- Microwave, Stove, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, Energy Efficient Appliances
- Standard status
- Active
- Size
- 1,846 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2882
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Central Air, Heat Pump
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
Bennett Realty Solutions
(301) 459-5040
6301 Ivy Lane unit: 805, GREENBELT, MD
Listed by
Yannik Cudjoe-Virgil · License #0672824
(240) 847-4605
Added: Jul 3 Updated: Jul 20 at 10:48 am Checked: Jul 21 at 3:06 am
MLS# MDBA2221334
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.
This renovated end-unit duplex offers two separate residential units, each featuring 2 bedrooms and 1 full bathroom. Unit 1 is currently occupied and includes luxury vinyl plank flooring throughout, along with stainless steel appliances such as a refrigerator, stove, microwave, and dishwasher. Unit 2 is vacant and move-in ready, with refinished hardwood floors complemented by luxury vinyl plank flooring, and the same stainless steel appliance package.
A partially unfinished basement is accessible from both units and includes two private storage areas, one designated for each apartment. The property also has key capital updates in place, including a new roof in 2025, central A/C installed in 2022 and 2024, and a new electric heat pump installed in 2024 for Unit 2. Both units have separate updated 100-amp electrical panels.
Unit 1 is listed at $1,413 per month, and market rent is reported in the $1,350 to $1,450 range. The property is for sale at 1100 Meridene Drive, Baltimore, MD 21239.
A partially unfinished basement is accessible from both units and includes two private storage areas, one designated for each apartment. The property also has key capital updates in place, including a new roof in 2025, central A/C installed in 2022 and 2024, and a new electric heat pump installed in 2024 for Unit 2. Both units have separate updated 100-amp electrical panels.
Unit 1 is listed at $1,413 per month, and market rent is reported in the $1,350 to $1,450 range. The property is for sale at 1100 Meridene Drive, Baltimore, MD 21239.
Key Highlights
- Renovated end‑unit duplex (brick) built in 1948 with 2 units, each featuring 2 bedrooms and 1 full bathroom
- Unit 1 currently occupied at $1,413/month; features luxury vinyl plank flooring throughout
- Unit 2 is vacant and move‑in ready with refinished hardwood floors plus luxury vinyl plank flooring
Local Financial Insights For Apartment 5plus
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 | $46.5k | $25.20 |
| − Vacancy | −$2.8k | −$1.51 |
| EGI | $43.7k | $23.69 |
| − OpEx | −$19.7k | −$10.66 |
| NOI | $24.1k | $13.03 |
1,846 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$387.3K
$338.9K – $451.8K
NOI $27,109 @ 7.0% cap · market cap 9.51%
Second Best
Apartment 5plus
$343.6K
$300.6K – $400.8K
NOI $24,050 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,958 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated end-unit duplex with two 2-bedroom, 1-bath units, stainless steel appliances, and updated major systems.
Where is this duplex located?
The property is located at 1100 MERIDENE Drive Baltimore, MD.
What is the asking price?
The asking price for this property is $284,990.
What are key features of this property?
This property features: Renovated end‑unit duplex (brick) built in 1948 with 2 units, each featuring 2 bedrooms and 1 full bathroom; Unit 1 currently occupied at $1,413/month; features luxury vinyl plank flooring throughout; Unit 2 is vacant and move‑in ready with refinished hardwood floors plus luxury vinyl plank flooring
