Renovated Two-Unit
111 N Artizan St, Williamsport, MD 21795
For Sale
$230,000
Pending
Both residences feature updated kitchens and bathrooms, with shared access to additional storage areas.
Property Size2,240 SF
Lot Size0.07 Acres
Days on Market10
Property Features for 111 N Artizan St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Keller Williams Realty Centre
Listed By:
William M Kenny Jr.
(301) 707-1678
Source:
Baltimoreharfordhomesforsale
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 10 at 2:26PM
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 Keller Williams Realty Centre
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Investment Insights
Based on property information with market context.
This 2,240-square-foot duplex, built in 1888, contains two units with a combined total of 4 bedrooms and 2 bathrooms. Interior updates include kitchens and bathrooms, LVP flooring, and new carpet. Each unit has backyard space and parking, while an unfinished basement and attic provide additional storage access.
The property occupies a 0.07-acre lot in downtown Williamsport, Maryland.
The property occupies a 0.07-acre lot in downtown Williamsport, Maryland.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 2 bathrooms total
- 2,240 square feet on a 0.07‑acre downtown lot
- Updated kitchens and bathrooms, LVP flooring, and fresh carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,081
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,620
$421.6K
Cap Rate 7%
$301,157
$301.2K
Cap Rate 9%
$234,233
$234.2K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$41.1K $18.36/SF
− Vacancy
−$2.8K −$1.25/SF
EGI
$38.3K $17.11/SF
− OpEx
−$17.2K −$7.70/SF
NOI
$21.1K $9.41/SF
Area
Washington County, MD
Vacancy
6.80%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,620
Cap Rate 7%
$301,157
Cap Rate 9%
$234,233
Alternative Uses
Best Use
Multifamily LT 5
$335.7K
$293.7K – $391.6K
NOI $23,496 @ 7.0% cap · market cap 10.22%
Second Best
Apartment 5plus
$301.2K
$263.5K – $351.4K
NOI $21,081 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$496.9K
$434.8K – $579.7K
NOI $34,782 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
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Business Placement
Demographics for 21795, MD
9,873
Population
4,308
Households
2.3
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
308
Density / Sq Mi
$83,542
Median Household Income
$44,040
Median Earnings
$1,190
Median Rent
$275,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Washington County, MD
Properties on Market for Duplexes in Washington County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature updated kitchens and bathrooms, with shared access to additional storage areas.
Where is this duplex located?
The property is located at 111 N Artizan St Williamsport, MD.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms total; 2,240 square feet on a 0.07‑acre downtown lot; Updated kitchens and bathrooms, LVP flooring, and fresh carpet
