Renovated 2-Unit Residential
141 S AUGUSTA Avenue Baltimore, MD 21229
141 S AUGUSTA Avenue, Baltimore, MD, 21229
$349,000
For Sale
$349,000
MULTI_FAMILY - Other - BALTIMORE, MD
Property Size2,350 SF
Lot Size0.13 Acres
Price / SF$148.51
Days on Market10
Property Features for 141 S AUGUSTA Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Dishwasher, Microwave, Refrigerator, Stainless Steel Appliances
- Standard status
- Active
- Size
- 2,350 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 582
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Fairfax Realty Elite
(202) 471-4200
Listed by
Keith Nowlin Sr. · License #648718
(240) 460-7325
Added: Jul 13 Checked: Jul 22 at 5:06AM
MLS# MDBA2223026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This completely renovated 2-unit residential income property includes a first-floor apartment with one bedroom, one full bathroom, and an additional bonus room, along with a second-floor apartment featuring three bedrooms and two full bathrooms. Updates throughout the building include brand-new HVAC systems, new hot water heaters, new energy-efficient windows, new kitchen appliances and refrigerators, new dishwashers, updated sinks and toilets, new interior doors, fresh paint, and laminate flooring. Washer and dryer hookups are provided in each unit.
The property also includes a full basement, with potential for future finishing subject to buyer verification of zoning and permitting requirements. The site is identified as 141 S Augusta Avenue, Baltimore, MD 21229 in Baltimore City.
The property also includes a full basement, with potential for future finishing subject to buyer verification of zoning and permitting requirements. The site is identified as 141 S Augusta Avenue, Baltimore, MD 21229 in Baltimore City.
Key Highlights
- Completely renovated 2‑unit property in Baltimore with live‑in flexibility (rent one or both units)
- First‑floor unit: 1 bedroom, 1 full bathroom, plus a bonus room; includes washer and dryer hookups
- Second‑floor unit: 3 bedrooms, 2 full bathrooms, including a primary bedroom with exposed brick; includes washer and dryer hookups
Local Financial Insights For Apartment 5plus
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 | $59.2k | $25.20 |
| − Vacancy | −$3.6k | −$1.51 |
| EGI | $55.7k | $23.69 |
| − OpEx | −$25.1k | −$10.66 |
| NOI | $30.6k | $13.03 |
2,350 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$474.6K
$415.3K – $553.7K
NOI $33,222 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$437.4K
$382.7K – $510.3K
NOI $30,617 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$560.3K
$490.2K – $653.6K
NOI $39,218 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Completely renovated duplex with two apartments, brand-new HVAC, updated kitchens, and washer/dryer hookups in each unit.
Where is this duplex located?
The property is located at 141 S AUGUSTA Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Completely renovated 2‑unit property in Baltimore with live‑in flexibility (rent one or both units); First‑floor unit: 1 bedroom, 1 full bathroom, plus a bonus room; includes washer and dryer hookups; Second‑floor unit: 3 bedrooms, 2 full bathrooms, including a primary bedroom with exposed brick; includes washer and dryer hookups
