Duplex with Separate
New
For Sale
$210,000
3001 LAWINA Road, Baltimore, MD 21216
Multi-Family, BALTIMORE, MD
Property Size1,452 SF
Price / SF$144.63
Days on Market1
Property Features for 3001 LAWINA Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Wood Floors
Appliances
Refrigerator, Stove
Subdivision
NONE AVAILABLE
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
1,452 SF
Taxes and HOA fees
Tax Annual Amount
3818
Utilities
Heating system
Other (Heating)
Amenities
shared laundry
storage
Building Details
Year built
1949
Number of units
2
Building materials
Brick
Listing Agency:
ExecuHome Realty
(443) 757-3400
Listed By:
Melissa Glaude · License #5014295
(301) 442-1425
Added: Oct 5
Last Checked: Oct 5 at 6:06PM
MLS# MDBA2233134
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 1,452-square-foot brick duplex, built in 1949, contains two units with separate utility meters. Wood floors and refrigerators and stoves are among the interior features. The heating systems have been updated, and renovations have been completed throughout the property.
The building sits on a corner lot in Baltimore. A full basement offers shared laundry and storage areas, while parking is available on the street.
The building sits on a corner lot in Baltimore. A full basement offers shared laundry and storage areas, while parking is available on the street.
Key Highlights
- Two‑unit brick duplex with 1,452 square feet
- Each unit has separate utility meters
- Full basement includes shared laundry and storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,917
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,340
$378.3K
Cap Rate 7%
$270,243
$270.2K
Cap Rate 9%
$210,189
$210.2K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$36.6K $25.20/SF
− Vacancy
−$2.2K −$1.51/SF
EGI
$34.4K $23.69/SF
− OpEx
−$15.5K −$10.66/SF
NOI
$18.9K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,340
Cap Rate 7%
$270,243
Cap Rate 9%
$210,189
Alternative Uses
Best Use
Multifamily LT 5
$304.6K
$266.5K – $355.4K
NOI $21,323 @ 7.0% cap · market cap 10.15%
Second Best
Apartment 5plus
$270.2K
$236.5K – $315.3K
NOI $18,917 @ 7.0% cap · market cap 9.01%
Theoretical Best
Office A
$347.9K
$304.4K – $405.8K
NOI $24,350 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
328
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
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A shared basement provides laundry and storage space for the two-unit property.
Where is this duplex located?
The property is located at 3001 LAWINA Road Baltimore, MD.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit brick duplex with 1,452 square feet; Each unit has separate utility meters; Full basement includes shared laundry and storage space
