Duplex with Full
New
For Sale
$210,000
3001 LAWINA ROAD, Baltimore, MD 21216
Separate utility meters serve each unit, with shared laundry and storage space in the basement.
Property Size1,452 SF
Days on Market5
Property Features for 3001 LAWINA ROAD
General Information
Standard status
Active
Size
1,452 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,818
Amenities
laundry
Building Details
Building Size
1,452 SF
Year Built
1949
Buildings
1
Listing Agency:
ExecuHome Realty
Listed By:
Melissa Glaude · License #5014295
(301) 442-1425
Source:
Thehulsmangroup
Added: Oct 5
Changed: Oct 8
Last Checked: Oct 7 at 3:48PM
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 ExecuHome Realty
Investment Insights
Based on property information with market context.
This 1,452-square-foot duplex, built in 1949, has two units with separate utilities and meters. The full basement provides shared laundry and storage, and the property has updated heating systems and renovations throughout.
The property is on a corner lot at 3001 Lawina Road in Baltimore’s Windsor Hills community.
The property is on a corner lot at 3001 Lawina Road in Baltimore’s Windsor Hills community.
Key Highlights
- Two‑unit property with separate utilities and meters for each unit
- 1,452 square feet; built in 1949
- Full basement with shared laundry and additional 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.
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters serve each unit, with shared laundry and storage space in the basement.
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 property with separate utilities and meters for each unit; 1,452 square feet; built in 1949; Full basement with shared laundry and additional storage
