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Corner Duplex with Detached Garage

21 East West Street Baltimore, MD 21230

New
21 East West Street, Baltimore, MD, 21230
$450,000
Pending
For Sale
$450,000
Pending

Duplex on a corner lot with two residential units, plus a detached garage and recent roof and basement waterproofing improvements.

Property Size2,170 SF
Days on Market3

Property Features for 21 East West Street

General Information

Standard status
Pending
Size
2,170 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1900
Listing agency Cummings & Co. Realtors
Listed by Michael K Hofstetter · License #652349
Source Compass
Added: Jul 20 Updated: Jul 21 at 2:18AM Checked: Jul 21 at 8:37AM

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 classic corner duplex includes two separate residential units and a detached garage. The main-level unit offers two bedrooms and one full bath, with access to a private courtyard and an unfinished basement that provides additional storage. The upper-level unit features one bedroom and one full bath. A detached garage is also part of the property, which has been rented separately in the past.

The property is located in Baltimore City and is within city limits. The listing notes recent improvements, including a new roof and professional basement waterproofing. The property is being delivered vacant, providing flexibility for the next owner.

Overall, the layout supports a straightforward income-residential configuration with two units plus an additional enclosed structure associated with the property’s rental history.

Key Highlights

  • Corner duplex in Baltimore City with 2 residential units plus a detached garage
  • Main‑level unit: 2 bedrooms, 1 full bath, access to a private courtyard, plus an unfinished basement for storage
  • Upper‑level unit: 1 bedroom and 1 full bath

Local Financial Insights For Multifamily LT 5

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 $48.2k $22.20
− Vacancy −$2.6k −$1.22
EGI $45.5k $20.98
− OpEx −$13.7k −$6.29
NOI $31.9k $14.69
2,170 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$455.2K
$398.3K – $531.1K (±1% cap)
NOI $31,867 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$403.9K
$353.4K – $471.2K (±1% cap)
NOI $28,272 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$519.9K
$454.9K – $606.5K (±1% cap)
NOI $36,391 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Veterinary Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Plumbing Service Tanning Salon Buffet (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex on a corner lot with two residential units, plus a detached garage and recent roof and basement waterproofing improvements.
Where is this duplex located?
The property is located at 21 East West Street Baltimore, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Corner duplex in Baltimore City with 2 residential units plus a detached garage; Main‑level unit: 2 bedrooms, 1 full bath, access to a private courtyard, plus an unfinished basement for storage; Upper‑level unit: 1 bedroom and 1 full bath
Contact an agent
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