Legally Zoned Duplex With
2908 Clearview Avenue Baltimore, MD 21234
2908 Clearview Avenue, Baltimore, MD, 21234
$287,000
Pending
For Sale
$287,000
Pending
Two separately metered units with updated interiors and off-street parking, offering flexible owner-occupant or rental use.
Property Size1,740 SF
Days on Market47
Property Features for 2908 Clearview Avenue
General Information
- Standard status
- Pending
- Size
- 1,740 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1941
Listing Agency
Keller Williams Gateway LLC
(443) 756-4878
Listed by
Gabriel M Dutton · License #647863
(443) 756-4878
Source
Compass
Added: Jun 2 Checked: Jul 17 at 4:10 am
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 Keller Williams Gateway LLC
Investment Insights
Based on property information with market context.
This legally zoned duplex features two updated units, each with renovated living spaces and a newer HVAC system. The first unit includes an updated kitchen with stainless steel appliances, granite countertops, a mosaic backsplash, quality cabinetry, and recessed lighting, along with updated flooring and two upgraded bathrooms. The second unit offers its own renovated kitchen with recessed lighting, updated flooring, and a renovated bathroom. Both units are separately metered, supporting clean, straightforward ownership and utility management, and the property includes off-street parking for everyday convenience.
Located in Baltimore City (within city limits), 2908 Clearview Avenue is positioned for practicality, with Parkville Shopping Center and quick access to I-695 minutes away, per the listing remarks. The school district is Baltimore City Public Schools.
This configuration can suit tenants seeking independent spaces within the same property, while also supporting an owner-occupant “live in one, rent the other” setup. With updated kitchens, renovated bathrooms, newer HVAC systems, and separate metering already in place, the property is designed to reduce near-term unit-level concerns for an operator or buyer.
Located in Baltimore City (within city limits), 2908 Clearview Avenue is positioned for practicality, with Parkville Shopping Center and quick access to I-695 minutes away, per the listing remarks. The school district is Baltimore City Public Schools.
This configuration can suit tenants seeking independent spaces within the same property, while also supporting an owner-occupant “live in one, rent the other” setup. With updated kitchens, renovated bathrooms, newer HVAC systems, and separate metering already in place, the property is designed to reduce near-term unit-level concerns for an operator or buyer.
Key Highlights
- Legally zoned multifamily property with 2 separately metered units for clean, straightforward landlord billing.
- Updated first unit: stainless steel appliances, granite countertops, mosaic backsplash, upgraded kitchen, and recessed lighting.
- Updated second unit with its own renovated kitchen, recessed lighting, updated flooring, and an updated bathroom.
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
Property Profile
Location Intelligence
Current Use by Public Records
LCM Associates
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separately metered units with updated interiors and off-street parking, offering flexible 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: Legally zoned multifamily property with 2 separately metered units for clean, straightforward landlord billing.; Updated first unit: stainless steel appliances, granite countertops, mosaic backsplash, upgraded kitchen, and recessed lighting.; Updated second unit with its own renovated kitchen, recessed lighting, updated flooring, and an updated bathroom.
