3304 W FOREST PARK Avenue Baltimore, MD 21216
MULTI_FAMILY - BALTIMORE, MD
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 5:06 am
Property Features for 3304 W FOREST PARK Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Garage - Detached, Off Street, Driveway
- Standard status
- Active
- Size
- 1,940 SF
Taxes and HOA fees
- Tax Annual Amount
- 4135
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Brick
Listing agent Tonee M Young License #680481 (443) 333-0375
Listing office Berkshire Hathaway HomeServices PenFed Realty 312 Wyndhurst Avenue, Alexandria, MD (410) 464-5500
Listing date Jul 10, 2026
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.
The home has key mechanical improvements, including a new roof in 2025, a new HVAC system in 2024, and new hot water heaters in 2026. Outside, there is a separate oversized one-car garage and off-street parking for approximately 2–3 vehicles, supporting convenient day-to-day access.
This property is presented as move-in ready with completed capital improvements and flexible layout options from unit to unit.
Key Highlights
- Duplex end‑unit with two separately metered units for independent utilities
- Each unit has its own kitchen and full bathroom, with private entrances
- First‑floor unit includes a finished basement plus an additional half bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $40.7k | $20.98 |
| − OpEx | −$12.2k | −$6.29 |
| NOI | $28.5k | $14.69 |
