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    2116 Lorraine Ave Baltimore, MD 21207

    For Sale
    $295,000

    Multifamily property featuring a separate apartment and functional fireplaces.

    Lot size:
    0.38 Acres

    Property Features for 2116 Lorraine Ave

    General Information

    Lot size
    0.38 Acres

    Building Details

    Year built
    1921

    Source: Coldwell Banker Realty Agent Ineke M Mustamarhadi

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

    Overview

    Woodlawn Multifamily Property with Apartment

    Located in Woodlawn, Maryland, the property at 2116 Loraine Ave features a main level with a den/living room, dining room, and kitchen. The unfinished basement includes a washer and dryer, sump pump, dry well drain, and utilities. The main level has three bedrooms and one full bath. Functional fireplaces are located in both the master bedroom and the den/living room. The kitchen features custom paint. The home is equipped with a gas range, radiator heating, and central A/C, each controlled by separate thermostats, with the heating thermostat regulating all radiators. The second floor is configured as a separate apartment with a private entrance and no shared living areas with the main level. The apartment includes a kitchen with a pantry, a full bath, and two bedrooms with spacious closets, plus a gas range. Electric and gas are separately metered. The seller plans to replace the roof and some of the windows on the main level if needed.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7164186
    Latitude
    39.3178703

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    FAQs

    What type of property is this?
    Duplex - Multifamily property featuring a separate apartment and functional fireplaces.
    Where is this duplex located?
    The property is located at 2116 Lorraine Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Separate apartment on the second floor with private entrance, kitchen, full bath, and two bedrooms.; - **Two fully functional fireplaces (master bedroom and den/living room).**; - Separate gas and electric meters for each unit.
    (202) 509-5889
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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
    2116 Lorraine Ave Baltimore, MD 21207
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