Quadplex Residential
For Sale
$724,990
2709 N CALVERT STREET, Baltimore, MD 21218
For sale quadplex generating residential income, coming soon, offered at 2709 N Calvert Street.
Property Size2,940 SF
Price / SF$246.60
Days on Market12
Property Features for 2709 N CALVERT STREET
General Information
Standard status
Active
Size
2,940 SF
Property subtype
Quadruplex
Building Details
Year Built
1900
Listing Agency:
EXP Realty, LLC
(703) 405-5182
Listed By:
Yony Kifle · License #655732
(703) 405-5182
Source:
Cummingsrealtors
Added: Jul 21
Changed: Jul 27
Last Checked: Jul 28 at 4:38AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This quadplex presents a residential income opportunity being marketed as “Coming Soon.” The property is listed for sale at $724,990 and has a total property size of 2,940.
The asset is located at 2709 N Calvert Street in Baltimore, Maryland 21218. Prospective buyers and their agents should confirm all details related to the building configuration and any income or occupancy information directly with the listing team.
The asset is located at 2709 N Calvert Street in Baltimore, Maryland 21218. Prospective buyers and their agents should confirm all details related to the building configuration and any income or occupancy information directly with the listing team.
Key Highlights
- Quadplex at 2709 N Calvert Street generating residential income
- Built in 1900
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 | $58.2k | $19.80 |
| − Vacancy | −$3.6k | −$1.22 |
| EGI | $54.6k | $18.58 |
| − OpEx | −$16.4k | −$5.57 |
| NOI | $38.2k | $13.00 |
2,940 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$546.2K
$477.9K – $637.2K
NOI $38,234 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$487.3K
$426.4K – $568.5K
NOI $34,108 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$799.3K
$699.4K – $932.6K
NOI $55,954 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,471
Businesses Nearby
Explore this area
Business Placement
Demographics for 21218, MD
46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - For sale quadplex generating residential income, coming soon, offered at 2709 N Calvert Street.
Where is this quadplex located?
The property is located at 2709 N CALVERT STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $724,990.
What are key features of this property?
This property features: Quadplex at 2709 N Calvert Street generating residential income; Built in 1900
