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Updated Condo Income Property
For Sale
$209,900

1436 GREENBRIAR CIRCLE Unit 3-1436, Baltimore, MD 21208

Renovated interiors, in-home laundry, and a wooded rear outlook support comfortable residential living.

Property Size1,056 SF
Days on Market29

Property Features for 1436 GREENBRIAR CIRCLE Unit 3-1436

General Information

Standard status Active
Size 1,056 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,757

Amenities

pool
in-unit laundry
intercom system

Building Details

Building Size 1,056 SF
Year Built 1989
Listing Agency: Cummings & Co. Realtors
Listed By: Audrey M Bullock · License #523916
Source: Thehulsmangroup
Added: Sep 8 Changed: Oct 3 Last Checked: Oct 5 at 11:36PM

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 Cummings & Co. Realtors

Investment Insights

Based on property information with market context.

This Baltimore condominium, built in 1989, combines updated interior finishes with practical everyday features. Improvements include fresh paint, LVP flooring, carpet, a modernized kitchen, and renovated bathrooms. The residence also includes in-unit laundry and an intercom system. Its rear position along a wooded area provides a quieter outlook and added privacy.

Building improvements include a roof replacement completed in 2025 and new carpet in the entry and lobby. Residents have access to a community pool, while shopping, restaurants, and major commuter routes are conveniently accessible from the property. The combination of interior renovations, building updates, and shared amenities creates a straightforward residential income property offering.

Key Highlights

  • Updated kitchen and renovated bathrooms
  • Fresh paint, LVP flooring, and new carpet throughout the residence
  • In‑unit laundry and intercom system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,758
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,160 $275.2K
Cap Rate 7%
$196,543 $196.5K
Cap Rate 9%
$152,867 $152.9K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$26.6K $25.20/SF
− Vacancy
−$1.6K −$1.51/SF
EGI
$25.0K $23.69/SF
− OpEx
−$11.3K −$10.66/SF
NOI
$13.8K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,160
Cap Rate 7%
$196,543
Cap Rate 9%
$152,867

Alternative Uses

Best Use
Apartment 5plus
$196.5K
$172.0K – $229.3K (±1% cap)
NOI $13,758 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.0K
$221.4K – $295.2K (±1% cap)
NOI $17,709 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Electrical Service Butcher Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,030
Businesses Nearby

Demographics for 21208, MD

35,007
Population
16,397
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,778
Density / Sq Mi
$90,822
Median Household Income
$55,620
Median Earnings
$1,672
Median Rent
$313,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Renovated interiors, in-home laundry, and a wooded rear outlook support comfortable residential living.
Where is this residential income property located?
The property is located at 1436 GREENBRIAR CIRCLE Unit 3-1436 Baltimore, MD.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Updated kitchen and renovated bathrooms; Fresh paint, LVP flooring, and new carpet throughout the residence; In‑unit laundry and intercom system
More about this property
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