Duplex with Separate
For Sale
Under Contract
$210,000
3001 LAWINA Road, Baltimore, MD 21216
Multi-Family, BALTIMORE, MD
Property Size1,452 SF
Price / SF$144.63
Days on Market19
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, Washer, Dryer
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 Under Contract
Size
1,452 SF
Taxes and HOA fees
Tax Annual Amount
3818
Utilities
Heating system
Other (Heating)
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
Changed: Oct 21
Last Checked: Oct 23 at 2:06AM
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,452 square feet across two units, each served by separate utility meters. Improvements include updated heating systems and renovations throughout, while wood floors add a distinct interior detail. A full basement provides shared laundry and storage space.
Built in 1949, the property occupies a corner lot in Baltimore. Parking is on street.
Built in 1949, the property occupies a corner lot in Baltimore. Parking is on street.
Key Highlights
- Two‑unit duplex with separate utility meters
- 1,452 square feet
- Full basement with shared laundry and storage
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.
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Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct meters and access to shared basement laundry and storage.
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 duplex with separate utility meters; 1,452 square feet; Full basement with shared laundry and storage
