Renovated Duplex with Detached
For Sale
$539,900
2414 Callow Ave, Baltimore, MD 21217
Two-level configuration includes a separate apartment, multiple primary suites, updated systems, and outdoor living improvements.
Property Size2,250 SF
Price / SF$239.96
Days on Market49
Property Features for 2414 Callow Ave
General Information
Standard status
Active
Size
2,250 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/4.5BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
EV charging station
in-unit laundry
deck
Building Details
Year Built
1912
Buildings
1
Listing Agency:
Cummings & Co. Realtors
Listed By:
Brigitte S Williams · License #509699
(443) 250-1841
Source:
Baltimorehousesale
Added: Sep 5
Changed: Oct 10
Last Checked: Oct 7 at 1:18PM
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
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Investment Insights
Based on property information with market context.
This legally zoned duplex includes a renovated main residence and a separate lower-level apartment. The main house offers four bedrooms, 4 1/2 baths, four primary en suites with walk-in closets, and 2,250 SF of property size. The lower-level unit contains one bedroom, one bath, a full kitchen, a primary suite, and its own washer and dryer. Each living level has dedicated laundry, with three washers and dryers total.
Recent improvements include energy-efficient appliances, two-zone HVAC, tankless hot water in the apartment, Energy Star HVAC equipment, high-efficiency windows on three sides, ceiling fans in the primary suites, and a new porch, steps, side walkway, and rear deck. The property also includes a detached two-car garage with an EV charging station. Built in 1912, it is located at 2414 Callow Ave in Baltimore, Maryland 21217.
Recent improvements include energy-efficient appliances, two-zone HVAC, tankless hot water in the apartment, Energy Star HVAC equipment, high-efficiency windows on three sides, ceiling fans in the primary suites, and a new porch, steps, side walkway, and rear deck. The property also includes a detached two-car garage with an EV charging station. Built in 1912, it is located at 2414 Callow Ave in Baltimore, Maryland 21217.
Key Highlights
- Legally zoned 2‑unit duplex with a separate lower‑level apartment
- 2,250 SF property size; main house includes four bedrooms and 4 1/2 baths
- Four primary en suites with walk‑in closets in the main residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,042
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,840
$660.8K
Cap Rate 7%
$472,029
$472.0K
Cap Rate 9%
$367,133
$367.1K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$50.0K $22.20/SF
− Vacancy
−$2.7K −$1.22/SF
EGI
$47.2K $20.98/SF
− OpEx
−$14.2K −$6.29/SF
NOI
$33.0K $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%
$660,840
Cap Rate 7%
$472,029
Cap Rate 9%
$367,133
Alternative Uses
Best Use
Multifamily LT 5
$472.0K
$413.0K – $550.7K
NOI $33,042 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$418.8K
$366.4K – $488.6K
NOI $29,314 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$539.0K
$471.7K – $628.9K
NOI $37,733 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,159
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level configuration includes a separate apartment, multiple primary suites, updated systems, and outdoor living improvements.
Where is this duplex located?
The property is located at 2414 Callow Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Legally zoned 2‑unit duplex with a separate lower‑level apartment; 2,250 SF property size; main house includes four bedrooms and 4 1/2 baths; Four primary en suites with walk‑in closets in the main residence
