Legally Zoned Multifamily
2908 CLEARVIEW Avenue Baltimore, MD 21234
2908 CLEARVIEW Avenue, Baltimore, MD, 21234
$287,000
For Sale
Under Contract
$287,000
MULTI_FAMILY - Other - BALTIMORE, MD
Property Size1,740 SF
Lot Size0.07 Acres
Price / SF$164.94
Days on Market49
Property Features for 2908 CLEARVIEW Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active Under Contract
- Size
- 1,740 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3920
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1941
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Keller Williams Gateway LLC
(443) 318-8800
Listed by
Gabriel M Dutton · License #647863
(443) 756-4878
Added: Jun 3 Updated: Jul 15 at 9:02PM Checked: Jul 21 at 7:06PM
MLS# MDBA2214484
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.
2908 Clearview Avenue presents a legally zoned multifamily duplex with two updated, separately metered units—ideal for rental income or house-hacking. The first unit includes a renovated kitchen with stainless steel appliances, granite countertops, a mosaic backsplash, quality cabinetry, and recessed lighting. Updated flooring carries through the home, and two upgraded bathrooms add a polished finish. Both units also benefit from newer HVAC systems, supporting comfortable, efficient year-round operation.
Practical for day-to-day living, the property includes off-street parking and is positioned in the Parkville area. The Parkville Shopping Center is nearby, and access to I-695 is described as just minutes away, supporting convenience for tenants and residents.
With a turnkey condition, updated finishes, and separate metering, this duplex can fit investors seeking a manageable multifamily setup or buyers looking to occupy one unit while renting the other. The combination of modernized interiors and operational independence between units is well-suited for owners who want clean, straightforward management and the ability to offset housing costs with rental income.
Practical for day-to-day living, the property includes off-street parking and is positioned in the Parkville area. The Parkville Shopping Center is nearby, and access to I-695 is described as just minutes away, supporting convenience for tenants and residents.
With a turnkey condition, updated finishes, and separate metering, this duplex can fit investors seeking a manageable multifamily setup or buyers looking to occupy one unit while renting the other. The combination of modernized interiors and operational independence between units is well-suited for owners who want clean, straightforward management and the ability to offset housing costs with rental income.
Key Highlights
- 2908 Clearview Avenue is a legally zoned multifamily property in Parkville.
- Both units are separately metered, supporting clean, independent utility management.
- Both units include updated interiors and newer HVAC systems.
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 | $38.6k | $22.20 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $36.5k | $20.98 |
| − OpEx | −$11.0k | −$6.29 |
| NOI | $25.6k | $14.69 |
1,740 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$365.0K
$319.4K – $425.9K
NOI $25,552 @ 7.0% cap · market cap 8.90%
Second Best
Apartment 5plus
$323.8K
$283.4K – $377.8K
NOI $22,669 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$416.9K
$364.8K – $486.3K
NOI $29,180 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LCM Associates
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey, separately metered units with off-street parking and updated kitchens designed for straightforward owner-occupant or rental use.
Where is this duplex located?
The property is located at 2908 CLEARVIEW Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $287,000.
What are key features of this property?
This property features: 2908 Clearview Avenue is a legally zoned multifamily property in Parkville.; Both units are separately metered, supporting clean, independent utility management.; Both units include updated interiors and newer HVAC systems.
