Two-Unit Duplex with Separate
For Sale
$239,900
1331 TAYLOR AVENUE, Baltimore, MD 21234
Two residential units each provide two bedrooms and a full bathroom, with additional lower-level space in the main-level unit.
Property Size1,452 SF
Price / SF$165.22
Days on Market13
Property Features for 1331 TAYLOR AVENUE
General Information
Standard status
Active
Size
1,452 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private entrances
laundry area
partially fenced backyard
Building Details
Year Built
1949
Listing Agency:
Compass
(443) 873-3585
Listed By:
Amber M Dosch · License #650045
(443) 798-1835
Source:
Cummingsrealtors
Added: Oct 8
Changed: Oct 19
Last Checked: Oct 19 at 11:28AM
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 Compass
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Investment Insights
Based on property information with market context.
This 1949 duplex contains two distinct residences, each with a private entrance. The main-level unit has a living area, kitchen, two bedrooms, and a full bathroom. Its lower level adds a second bathroom, laundry area, storage space, and access to a partially fenced backyard. The upper unit includes two bedrooms, a full bathroom, and a living area adjoining the kitchen.
The roof is four years old, the hot water heater is two to three years old, and the interior has been freshly painted. The property is being sold as-is.
The roof is four years old, the hot water heater is two to three years old, and the interior has been freshly painted. The property is being sold as-is.
Key Highlights
- Two‑unit residential property with separate private entrances
- Main‑level unit includes two bedrooms, two bathrooms, and lower‑level laundry and storage
- Upper‑level unit has two bedrooms and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,323
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,460
$426.5K
Cap Rate 7%
$304,614
$304.6K
Cap Rate 9%
$236,922
$236.9K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$32.2K $22.20/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$30.5K $20.98/SF
− OpEx
−$9.1K −$6.29/SF
NOI
$21.3K $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%
$426,460
Cap Rate 7%
$304,614
Cap Rate 9%
$236,922
Alternative Uses
Best Use
Multifamily LT 5
$304.6K
$266.5K – $355.4K
NOI $21,323 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$270.2K
$236.5K – $315.3K
NOI $18,917 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$347.9K
$304.4K – $405.8K
NOI $24,350 @ 7.0% cap · market cap 10.15%
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
656
Businesses Nearby
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Business Placement
Demographics for 21234, MD
67,308
Population
29,575
Households
2.3
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
5,023
Density / Sq Mi
$83,139
Median Household Income
$52,260
Median Earnings
$1,542
Median Rent
$276,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units each provide two bedrooms and a full bathroom, with additional lower-level space in the main-level unit.
Where is this duplex located?
The property is located at 1331 TAYLOR AVENUE Baltimore, MD.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit residential property with separate private entrances; Main‑level unit includes two bedrooms, two bathrooms, and lower‑level laundry and storage; Upper‑level unit has two bedrooms and one full bathroom
