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Renovated Duplex with Detached Garage
For Sale
$539,900

2414 CALLOW Avenue, Baltimore, MD 21217

Multi-Family, BALTIMORE, MD

Property Size2,250 SF
Lot Size0.06 Acres
Price / SF$239.96
Days on Market24

Property Features for 2414 CALLOW Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features Garage - Detached
Interior features 2nd Kitchen, Built-Ins, Primary Bath(s)
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 2,250 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 12680

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

EV charging station
deck
washer/dryer

Building Details

Year built 1912
Number of units 1
Building materials Brick
Architectural style Colonial
Listing Agency: Cummings & Co. Realtors
Listed By: Brigitte S Williams · License #509699
Added: Sep 18 Changed: Oct 9 Last Checked: Oct 11 at 10:06AM
MLS# MDBA2229690

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.

Investment Insights

Based on property information with market context.

This renovated brick duplex contains 2,250 square feet on a 0.0607-acre lot. The main residence has four bedrooms, four full bathrooms and one half bath, with four primary suites and walk-in closets. A separate one-bedroom, one-bath apartment occupies the lower level and includes a full kitchen and its own washer and dryer. Three washer-and-dryer sets serve the property.

A detached two-car garage includes an EV charging station. Outdoor improvements include a front porch, new steps, a side walkway and a rear deck. The property also has energy-efficient appliances, high-efficiency HVAC systems, two heating and cooling zones, UV and high-efficiency windows on three sides, and tankless hot water for the apartment.

Key Highlights

  • Legally zoned for 2 units
  • 2,250 square feet on a 0.0607‑acre lot
  • Main residence has 4 bedrooms, 4 full baths, 1 half bath and 4 primary suites

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 (±1% cap)
NOI $33,042 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$418.8K
$366.4K – $488.6K (±1% cap)
NOI $29,314 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$539.0K
$471.7K – $628.9K (±1% cap)
NOI $37,733 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Dental Office Pet Store Carpet & Flooring Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The two-unit layout pairs a four-bedroom main residence with a separate lower-level apartment.
Where is this duplex located?
The property is located at 2414 CALLOW Avenue 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 for 2 units; 2,250 square feet on a 0.0607‑acre lot; Main residence has 4 bedrooms, 4 full baths, 1 half bath and 4 primary suites
More about this property
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