4204 Kenwood Avenue, Baltimore, MD 21206
Well maintained duplex offers updated interiors, a covered porch, and separate meters for flexible occupancy.
- Added:
- Apr 3, 2025
- Days on Market:
- 460
- Last Refresh:
- Jul 6 at 1:58 am
Property Features for 4204 Kenwood Avenue
General Information
- Standard status
- Active
- Size
- 1,504 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1925
Listing office EXP Realty, LLC (856) 222-0077
Listing date Apr 3, 2025
Source Thetristaterealestategroup
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 EXP Realty, LLC
HighLights
- Well maintained 2‑apartment home built in 1925 with potential to convert back to a single‑family residence
- Separate meters for the 1st and 2nd floor units
- 2nd‑floor unit includes 1 bedroom, large closets, full kitchen and bath, plus covered storage
- Updates include new tub enclosure and floor in the bath, new kitchen floor, and new living room flooring
- 1st‑floor features new floors and new carpet, French doors between living room and dining room, foyer, and large closets
- Public water, natural gas hot water and heating; stone foundation; driveway parking; 0.12‑acre lot
Overview
The property has separate meters and is described as zoned, supporting independent utilities for each unit. The layout also includes a side entrance that can support day-to-day access with minimal disruption between levels.
For buyers seeking flexible living arrangements, the current duplex setup allows an owner-occupant to reside in one portion while renting the other. Updates to both the second-floor kitchen and bath and the first-floor finishes help reduce near-term turnover needs, while the unfinished lower level provides practical space for storage or customization based on tenant or owner requirements.
Local Financial Insights For Multifamily LT 5
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 | $33.4k | $22.20 |
| − Vacancy | −$1.7k | −$1.15 |
| EGI | $31.7k | $21.05 |
| − OpEx | −$9.5k | −$6.31 |
| NOI | $22.2k | $14.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.5307283
- Latitude
- 39.353951