Baltimore Duplex: Urban Living, Investment

1402 CARROLL Street Baltimore, MD 21230

For Sale

$229,900

MULTI_FAMILY - Federal - BALTIMORE, MD

Property size:

1,104 SF

Price / SF:

$208/SF

For Sale

$229,900

MULTI_FAMILY - Federal - BALTIMORE, MD

Property size:

1,104 SF

Price / SF:

$208/SF

Added:: Aug 7, 2025
Days on Market:: 340
Last Refresh:: Jul 12 at 4:06 pm

Property Features for 1402 CARROLL Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Standard status: Active
Size: 1,104 SF

Taxes and HOA fees

Tax Annual Amount: 2756

Utilities

Heating system: Central
Cooling system: Central Air

Building Details

Year built: 1875
Number of units: 2
Building materials: Brick
Architectural style: Federal

Listing agent Keiry Martinez License #665028

Listing office ExecuHome Realty 7939 Honeygo Blvd. unit: #124, Parkville, MD

Listing date Aug 7, 2025

MLS# MDBA2178954 Listing URL

Investment Insights

Based on property information with market context.

Located in Baltimore, MD, this duplex at 1402 Carroll St offers urban living and investment potential. The property is licensed, lead-free, and inspected. Unit 1 is a spacious lofted upper level with 2 bedrooms and 1 bathroom. It features a Calacatta quartz kitchen with stainless steel appliances, modern designs including exposed spiral ducts, and a glass shower bathroom. Unit 2 is a 1-bedroom, 1-bathroom unit rented to a long-term tenant, providing immediate rental income. A shared, updated laundry room offers convenience. This 1,104 square foot property presents an investment opportunity in Baltimore's real estate market.

Key Highlights

Turnkey, cash‑flowing duplex with a great, long‑term tenant already in place, providing immediate rental income.
Property is licensed, LEAD‑FREE, and inspected, ensuring compliance and safety.
Unit 1 features a modern, stylish 2‑bedroom loft with Calacatta quartz kitchen, stainless steel appliances, exposed spiral ducts, and glass shower bathroom.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$24.5k	$22.20
− Vacancy	−$1.3k	−$1.22
EGI	$23.2k	$20.98
− OpEx	−$6.9k	−$6.29
NOI	$16.2k	$14.69

1,104 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$231.6K

$202.7K – $270.2K (±1% cap)

NOI $16,213 @ 7.0% cap · market cap 7.05%

Second Best

Apartment 5plus

$205.5K

$179.8K – $239.7K (±1% cap)

NOI $14,383 @ 7.0% cap · market cap 6.26%

Theoretical Best

Office A

$264.5K

$231.4K – $308.6K (±1% cap)

NOI $18,514 @ 7.0% cap · market cap 8.05%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
MD
Baltimore
21230
1402 CARROLL Street

What type of property is this?

Duplex - Turnkey duplex in Baltimore with immediate rental income potential.

Where is this duplex located?

The property is located at 1402 CARROLL Street Baltimore, MD.

What is the asking price?

The asking price for this property is $229,900.

What are key features of this property?

This property features: Turnkey, cash‑flowing duplex with a great, long‑term tenant already in place, providing immediate rental income.; Property is licensed, LEAD‑FREE, and inspected, ensuring compliance and safety.; Unit 1 features a modern, stylish 2‑bedroom loft with Calacatta quartz kitchen, stainless steel appliances, exposed spiral ducts, and glass shower bathroom.

1402 CARROLL Street Baltimore, MD 21230

MULTI_FAMILY - Federal - BALTIMORE, MD

Property Features for 1402 CARROLL Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Standalone Office Building with Flex Space

Three-Story Office Building

Established Bar and Lounge Opportunity

Turnkey Live-Work Mixed-Use Property

Fells Point Mixed-Use Investment

Fells Point Mixed-Use Investment

Corner Mixed-Use Building with Retail

Brick Lower-Level Medical Office Condo

Downtown Baltimore Mixed-Use Investment

Union Square Mixed-Use Investment

Mixed-Use Entertainment and Residential Building

Turn-Key Multifamily Investment Opportunity

FAQs