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Multifamily Property in Growing Market
For Sale
$479,999
Pending

3408 Duvall Avenue, Baltimore, MD 21216

Investment opportunity with rental income potential in Baltimore City.

Property Size4,386 SF
Lot Size0.21 Acres
Days on Market140

Property Features for 3408 Duvall Avenue

General Information

Standard status Pending
Size 4,386 SF
Lot size 0.21 Acres
Property subtype Multi-Family / Fee Simple
Zoning R-1

Taxes and HOA fees

Annual Taxes $10,122

Amenities

No
No Pool

Building Details

Year Built 1920
Listing Agency: Keller Williams Preferred Properties
Listed By: James Wendell Willard Jr. · License #5004429
Source: Compass
Added: Apr 4 Changed: Aug 8 Last Checked: Jul 24 at 1:42PM

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 Keller Williams Preferred Properties

Investment Insights

Based on property information with market context.

This detached multifamily property is situated on a 0.21-acre lot and offers significant potential for rental income and long-term appreciation in a growing market. The property features a versatile layout that can accommodate multiple tenants, making it an ideal choice for investors looking to maximize cash flow. Maintenance costs are kept low due to the absence of a pool and a manageable yard, allowing for higher net returns. Tenants have enhanced accessibility due to the driveway and on-street parking options, further increasing the property's appeal. The existing framework provides a solid foundation for renovations or updates, enabling increased rental rates and property value over time. Lower overhead costs result from the absence of extensive amenities, allowing focus on maximizing investment. Located in a neighborhood with strong rental demand, this property is positioned to attract a diverse tenant base. The potential for steady cash flow is bolstered by the area's economic growth and community development initiatives. The property is located in Baltimore City, within the Baltimore City Public Schools district.

Key Highlights

  • High potential for rental income in a growing market.
  • Versatile layout suitable for multiple tenants.
  • Low maintenance costs due to no pool and manageable yard.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Electrical Service Gym & Fitness Center Spa & Massage Center

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

546
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Investment opportunity with rental income potential in Baltimore City.
Where is this multifamily property located?
The property is located at 3408 Duvall Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: High potential for rental income in a growing market.; Versatile layout suitable for multiple tenants.; Low maintenance costs due to no pool and manageable yard.
More about this property
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