Triplex with Fenced Rear
For Sale
$450,000
2303 WHITTIER Avenue, Baltimore, MD 21217
Multi-Family, BALTIMORE, MD
Property Size3,030 SF
Lot Size0.07 Acres
Price / SF$148.51
Days on Market30
Property Features for 2303 WHITTIER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
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
3,030 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6256
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
fenced rear yard
Building Details
Year built
1920
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
ExecuHome Realty
(443) 632-3000
Listed By:
Candie Ferguson · License #670931
(443) 447-1156
Added: Sep 17
Changed: Oct 15
Last Checked: Oct 16 at 4:06AM
MLS# MDBA2231618
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 3,030-square-foot brick triplex contains three renovated residences, each configured with 2 bedrooms and 2 full bathrooms. The property also includes a basement and a fenced rear yard, offering shared outdoor space. Built in 1920, the building has forced-air heating and central air conditioning.
The 0.07-acre property is served by on-street parking. Its three-unit layout provides the option to lease the residences individually or occupy one while renting the others.
The 0.07-acre property is served by on-street parking. Its three-unit layout provides the option to lease the residences individually or occupy one while renting the others.
Key Highlights
- Three units, each with 2 bedrooms and 2 full bathrooms
- 3,030‑square‑foot brick building on a 0.07‑acre lot
- Renovated interiors and a fenced rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,476
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,520
$789.5K
Cap Rate 7%
$563,943
$563.9K
Cap Rate 9%
$438,622
$438.6K
Market Conditions
NOI Build-Up for 3,030 SF
Gross rent
$76.4K $25.20/SF
− Vacancy
−$4.6K −$1.51/SF
EGI
$71.8K $23.69/SF
− OpEx
−$32.3K −$10.66/SF
NOI
$39.5K $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%
$789,520
Cap Rate 7%
$563,943
Cap Rate 9%
$438,622
Alternative Uses
Best Use
Multifamily LT 5
$635.7K
$556.2K – $741.6K
NOI $44,496 @ 7.0% cap · market cap 9.89%
Second Best
Apartment 5plus
$563.9K
$493.5K – $657.9K
NOI $39,476 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$725.9K
$635.2K – $846.9K
NOI $50,813 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three renovated two-bedroom, two-bathroom residences provide a three-unit rental configuration.
Where is this triplex located?
The property is located at 2303 WHITTIER Avenue 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: Three units, each with 2 bedrooms and 2 full bathrooms; 3,030‑square‑foot brick building on a 0.07‑acre lot; Renovated interiors and a fenced rear yard
