Remodeled
For Sale
$299,000
2926 ELLICOTT DRIVE, Baltimore, MD 21216
Two separate residences offer a flexible setup for owner occupancy or rental use.
Property Size1,176 SF
Price / SF$254.25
Days on Market13
Property Features for 2926 ELLICOTT DRIVE
General Information
Standard status
Active
Size
1,176 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Century 21 Harris Hawkins & Co.
(410) 321-1035
Listed By:
Tiffany G. Harris · License #37442
(410) 736-9091
Source:
Cummingsrealtors
Added: Sep 23
Changed: Oct 4
Last Checked: Oct 5 at 7:12PM
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 Century 21 Harris Hawkins & Co.
Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bath units, with a combined property size of 1,176 square feet. The building dates to 1920 and has undergone remodeling, with updated interiors and finishes. The two-unit configuration supports separate occupancy, whether used together as rentals or with an owner in one unit and a tenant in the other.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,176 square feet across the property
- Built in 1920; remodeled interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,270
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,400
$345.4K
Cap Rate 7%
$246,714
$246.7K
Cap Rate 9%
$191,889
$191.9K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$26.1K $22.20/SF
− Vacancy
−$1.4K −$1.22/SF
EGI
$24.7K $20.98/SF
− OpEx
−$7.4K −$6.29/SF
NOI
$17.3K $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%
$345,400
Cap Rate 7%
$246,714
Cap Rate 9%
$191,889
Alternative Uses
Best Use
Multifamily LT 5
$246.7K
$215.9K – $287.8K
NOI $17,270 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$218.9K
$191.5K – $255.4K
NOI $15,321 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$281.7K
$246.5K – $328.7K
NOI $19,722 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 21216, MD
27,729
Population
15,613
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
8,403
Density / Sq Mi
$46,440
Median Household Income
$36,634
Median Earnings
$1,160
Median Rent
$148,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a flexible setup for owner occupancy or rental use.
Where is this duplex located?
The property is located at 2926 ELLICOTT DRIVE Baltimore, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,176 square feet across the property; Built in 1920; remodeled interiors
