Two-Unit Duplex with
For Sale
$380,000
2014 PARK Avenue, Baltimore, MD 21217
Multi-Family, BALTIMORE, MD
Property Size2,280 SF
Price / SF$166.67
Days on Market23
Property Features for 2014 PARK Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Family Room, Basement
Parking
1
Parking features
Garage - Detached
Interior features
2nd Kitchen, Additional Stairway, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Spiral Staircase, Wood Floors
Fireplace
1
Appliances
Built-In Microwave, Oven/Range - Gas, Refrigerator, Washer, Dryer
Subdivision
RESERVOIR HILL
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Size
2,280 SF
Taxes and HOA fees
Tax Annual Amount
7819
Utilities
Heating system
Other (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Amenities
central air
in-unit laundry
fenced rear yard
patio
elevated deck
Building Details
Year built
1880
Number of units
2
Building materials
Brick
Architectural style
Colonial
Buildings
1
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
Listed By:
Angelo M Cooper · License #523727
(443) 660-9229
Added: Oct 7
Changed: Oct 28
Last Checked: Oct 29 at 9:06PM
MLS# MDBA2232452
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.
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Investment Insights
Based on property information with market context.
This 2,280-square-foot brick duplex, built in 1880, is arranged as two residences with two bedrooms apiece. The first occupies the main and lower levels and includes one full bath; the second spans the upper floors and has one full bath and a half bath. Both units have their own kitchen, living and dining areas, and laundry. Interior details include wood floors, exposed brick, spiral stairs, decorative fireplace mantels and a skylight, alongside central air conditioning.
Outdoor features include a fenced rear yard, patio and elevated deck. A detached one-car garage provides private parking. Penn Station, Downtown Baltimore, I-83, Druid Hill Park, the Maryland Zoo, MICA, the University of Baltimore and Coppin State University are among the named destinations within convenient reach. Public transportation, restaurants and entertainment are also noted nearby.
Outdoor features include a fenced rear yard, patio and elevated deck. A detached one-car garage provides private parking. Penn Station, Downtown Baltimore, I-83, Druid Hill Park, the Maryland Zoo, MICA, the University of Baltimore and Coppin State University are among the named destinations within convenient reach. Public transportation, restaurants and entertainment are also noted nearby.
Key Highlights
- Two 2‑bedroom units; building totals 2,280 square feet
- Built in 1880 with brick construction and central air
- Unit 1 has 1 full bath; Unit 2 has 1 full bath and 1 half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,482
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,640
$669.6K
Cap Rate 7%
$478,314
$478.3K
Cap Rate 9%
$372,022
$372.0K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$50.6K $22.20/SF
− Vacancy
−$2.8K −$1.22/SF
EGI
$47.8K $20.98/SF
− OpEx
−$14.3K −$6.29/SF
NOI
$33.5K $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%
$669,640
Cap Rate 7%
$478,314
Cap Rate 9%
$372,022
Alternative Uses
Best Use
Multifamily LT 5
$478.3K
$418.5K – $558.0K
NOI $33,482 @ 7.0% cap · market cap 8.81%
Second Best
Apartment 5plus
$424.4K
$371.3K – $495.1K
NOI $29,705 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$546.2K
$478.0K – $637.3K
NOI $38,236 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,842
Businesses Nearby
Explore this area
Business Placement
Demographics for 21217, MD
30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
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 - Each residence has a separate kitchen, living area and laundry, with outdoor space serving both units.
Where is this duplex located?
The property is located at 2014 PARK Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two 2‑bedroom units; building totals 2,280 square feet; Built in 1880 with brick construction and central air; Unit 1 has 1 full bath; Unit 2 has 1 full bath and 1 half bath
