3501 RHODE ISLAND Avenue, Mount Rainier, MD 20712
MULTI_FAMILY - Other - MOUNT RAINIER, MD
- Added:
- Nov 29, 2025
- Days on Market:
- 197
- Last Refresh:
- Jun 14 at 6:06 pm
Property Features for 3501 RHODE ISLAND Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 3
- Parking features
- Off Street
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,029 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9577
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1918
- Number of units
- 3
- Building materials
- Combination
- Architectural style
- Other
Listing agent Karla A. Rhodes License #576576 (443) 629-1400
Listing office Samson Properties 1140 3rd Street unit: 405, Chantilly, MD (202) 938-0228
Listing date Nov 29, 2025
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.
HighLights
- Triplex built in 1918 with combination construction materials and electric baseboard heating
- Unit mix: two 2BR/1BA units plus one efficiency unit
- Two units currently occupied; one unit is vacant and ready for immediate move‑in or market‑rate leasing
- Fireplace included; off‑street parking and shared laundry available for residents
- One unit offers a private deck for outdoor living
- Convenient transit access: about 2 miles to the Red line and 3.8 miles to the Green line
Overview
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 | $45.0k | $22.20 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $42.1k | $20.76 |
| − OpEx | −$12.6k | −$6.23 |
| NOI | $29.5k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Rainier
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.95913
- Latitude
- 38.93696
