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Brick Duplex
New
For Sale
$75,000

3110 PRESBURY STREET, Baltimore, MD 21216

A finished basement and additional kitchen provide more interior functionality.

Property Size2,320 SF
Lot Size0.02 Acres
Price / SF$234.38
Days on Market6

Property Features for 3110 PRESBURY STREET

General Information

Standard status Active
Size 2,320 SF
Lot size 0.02 Acres
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $511

Building Details

Building Size 2,320 SF
Year Built 1920
Construction brick
Listing Agency: EXP Realty, LLC
Listed By: Michael Frank · License #647303
Source: Thehulsmangroup
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 9:47PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This brick duplex dates to 1920 and includes a finished basement and an additional kitchen. The main living area has a refrigerator and stove. The property occupies a 0.02-acre lot, with street parking available.

Located in Walbrook, the residence is on Presbury Street in Baltimore.

Key Highlights

  • Brick construction; built in 1920
  • Finished basement and additional kitchen
  • 0.02‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,699
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$93,980 $94.0K
Cap Rate 7%
$67,129 $67.1K
Cap Rate 9%
$52,211 $52.2K
Market Conditions
NOI Build-Up for 320 SF
Gross rent
$7.1K $22.20/SF
− Vacancy
−$391 −$1.22/SF
EGI
$6.7K $20.98/SF
− OpEx
−$2.0K −$6.29/SF
NOI
$4.7K $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%
$93,980
Cap Rate 7%
$67,129
Cap Rate 9%
$52,211

Alternative Uses

Best Use
Multifamily LT 5
$67.1K
$58.7K – $78.3K (±1% cap)
NOI $4,699 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$59.6K
$52.1K – $69.5K (±1% cap)
NOI $4,169 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$76.7K
$67.1K – $89.4K (±1% cap)
NOI $5,366 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - A finished basement and additional kitchen provide more interior functionality.
Where is this duplex located?
The property is located at 3110 PRESBURY STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Brick construction; built in 1920; Finished basement and additional kitchen; 0.02‑acre lot
More about this property
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