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    702 Homestead St Baltimore, MD 21218

    For Sale
    $410,000

    Four-unit building with recent updates and income potential.

    Lot size:
    0.09 Acres

    Property Features for 702 Homestead St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1920

    Source: Ben Frederick Realty, Inc. Agent Will A Cannon III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Quadplex Near Johns Hopkins

    This four-unit building features 2-bedroom apartments, each equipped with central air, in-unit laundry hookups, and separate gas and electric meters. Building systems include a 2020 roof, updated plumbing, and replacement wood windows. The property is fully lead-certified and licensed for 4 dwelling units. It is located a 4-minute walk to Giant, Ace Hardware, the YMCA, and the year-round Waverly Farmers Market, and less than a mile from Johns Hopkins University. Two units are currently vacant.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6064972
    Latitude
    39.3266501

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    FAQs

    What type of property is this?
    Quadplex - Four-unit building with recent updates and income potential.
    Where is this quadplex located?
    The property is located at 702 Homestead St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Rental income can cover the mortgage, offering immediate positive cash flow.; - FHA buyers can live on-site.; - **Convenient location**: a short walk to Giant, Ace Hardware, YMCA, and Waverly Farmers Market; less than a mile from Johns Hopkins University.
    (410) 916-3331
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    702 Homestead St Baltimore, MD 21218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    702 Homestead St Baltimore, MD 21218
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