Renovated 2-Unit
For Sale
$599,000
1112 GUILFORD Avenue, Baltimore, MD 21202
Multi-Family, BALTIMORE, MD
Property Size2,069 SF
Lot Size0.05 Acres
Price / SF$289.51
Days on Market14
Property Features for 1112 GUILFORD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Appliances
Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Clothes Washer, Range Hood, Refrigerator
Subdivision
MOUNT VERNON PLACE HISTORIC DISTRICT
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Size
2,069 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7779
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Smart Realty, LLC
(301) 445-1395
Listed By:
Leif Eric Colon · License #677944
(571) 839-4455
Added: Oct 10
Changed: Oct 22
Last Checked: Oct 23 at 1:06AM
MLS# MDBA2234400
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains two apartments within 2,069 square feet, with a basement and on-street parking. Built in 1900, the building underwent extensive renovation in 2026. Apartment features include hardwood floors, large windows, upgraded kitchens, and appliances such as a dishwasher, disposal, refrigerator, and built-in microwave. Central heating and air conditioning serve the property.
The property is in Baltimore’s Mount Vernon Place Historic District, near cultural attractions, restaurants, shopping, and neighborhood amenities. Its two-unit configuration supports rental of both apartments or owner occupancy in one with the other available to rent.
The property is in Baltimore’s Mount Vernon Place Historic District, near cultural attractions, restaurants, shopping, and neighborhood amenities. Its two-unit configuration supports rental of both apartments or owner occupancy in one with the other available to rent.
Key Highlights
- Two‑apartment duplex with 2,069 square feet of building area
- Extensively renovated in 2026; originally built in 1900
- Brick construction with a basement and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,384
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,680
$607.7K
Cap Rate 7%
$434,057
$434.1K
Cap Rate 9%
$337,600
$337.6K
Market Conditions
NOI Build-Up for 2,069 SF
Gross rent
$45.9K $22.20/SF
− Vacancy
−$2.5K −$1.22/SF
EGI
$43.4K $20.98/SF
− OpEx
−$13.0K −$6.29/SF
NOI
$30.4K $14.69/SF
Area
Baltimore, MD
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,680
Cap Rate 7%
$434,057
Cap Rate 9%
$337,600
Alternative Uses
Best Use
Multifamily LT 5
$434.1K
$379.8K – $506.4K
NOI $30,384 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$385.1K
$337.0K – $449.3K
NOI $26,956 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$495.7K
$433.7K – $578.3K
NOI $34,697 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,679
Businesses Nearby
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Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated apartments feature hardwood flooring, upgraded kitchens, and central heating and air conditioning.
Where is this duplex located?
The property is located at 1112 GUILFORD Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑apartment duplex with 2,069 square feet of building area; Extensively renovated in 2026; originally built in 1900; Brick construction with a basement and on‑street parking
