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Seven-Bedroom Duplex with Two Units
For Sale
$290,000

3401 W ROGERS Avenue, Baltimore, MD 21215

Multi-Family, BALTIMORE, MD

Property Size1,884 SF
Lot Size0.13 Acres
Price / SF$153.93
Days on Market91

Property Features for 3401 W ROGERS Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features Off Street, Parking Lot
Subdivision PIMLICO
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 1,884 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 5900

Utilities

Heating system Other (Heating)

Amenities

on-site laundry

Building Details

Year built 1926
Number of units 2
Building materials Frame, Stone, Vinyl Siding
Architectural style Colonial
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Michael L Bailey · License #652591
Added: Jul 7 Changed: Sep 21 Last Checked: Oct 5 at 7:06PM
MLS# MDBA2215090

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 duplex contains two separate residential units with a combined 1,884 square feet of living area. The first is a single-level residence with 3 bedrooms and 1 full bathroom. The second spans two levels and offers 4 bedrooms and 1 full bathroom. Shared laundry facilities are located in the lower level, which also includes basement space. The 1926 property has Colonial styling, frame, stone, and vinyl siding construction, plus a parking lot and off-street parking. The parcel measures 0.1342 acres.

The property is located at 3401 W Rogers Avenue in Baltimore, Maryland, within the 21215 ZIP code. Public transportation, shopping, dining, parks, and major commuter routes are identified nearby. The Pimlico Race Course redevelopment and Park Heights revitalization efforts are also noted in the surrounding area.

Key Highlights

  • Two residential units totaling 1,884 square feet
  • Unit mix includes 3 bedrooms and 1 full bathroom, plus 4 bedrooms and 1 full bathroom
  • Shared laundry facilities located in the lower level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,326
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,520 $486.5K
Cap Rate 7%
$347,514 $347.5K
Cap Rate 9%
$270,289 $270.3K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$37.3K $19.80/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$34.8K $18.45/SF
− OpEx
−$10.4K −$5.53/SF
NOI
$24.3K $12.91/SF
Area
ZIP 21215
Vacancy
6.84%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,520
Cap Rate 7%
$347,514
Cap Rate 9%
$270,289

Alternative Uses

Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K (±1% cap)
NOI $24,326 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$319.8K
$279.8K – $373.1K (±1% cap)
NOI $22,386 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$449.2K
$393.0K – $524.0K (±1% cap)
NOI $31,441 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Electrical Service Acupuncture

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby

Demographics for 21215, MD

54,198
Population
24,876
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
84%
High-School Grad
6.8 sq mi
ZIP Area
7,970
Density / Sq Mi
$47,606
Median Household Income
$37,670
Median Earnings
$1,177
Median Rent
$189,900
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 - Two residential units provide distinct layouts, shared lower-level laundry, and off-street parking in Northwest Baltimore.
Where is this duplex located?
The property is located at 3401 W ROGERS Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two residential units totaling 1,884 square feet; Unit mix includes 3 bedrooms and 1 full bathroom, plus 4 bedrooms and 1 full bathroom; Shared laundry facilities located in the lower level
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