Renovated Duplex in Towson
For Sale
$300,000
Pending
405 Central Ave, Baltimore, MD 21204
Recently renovated duplex near Towson University, generating $4,800 monthly.
Days on Market102
Property Features for 405 Central Ave
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1923
Listing Agency:
A.J. BILLIG & COMPANY
(410) 296-8440
Listed By:
CHARLES N BILLIG · License #620779
Source:
Corcoran
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 23 at 10:00AM
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 A.J. BILLIG & COMPANY
Investment Insights
Based on property information with market context.
This recently renovated building, arranged for two dwelling units, is located in the heart of Towson. Both units are leased to students, generating a total of $4,800 per month. Surface parking at the rear of the property offers additional income potential through monthly space rentals. The property is ideally positioned in close proximity to major employers, including Baltimore County Government offices and Towson University, as well as a variety of shopping, dining, and entertainment options. The property has residential/office zoning and ample parking.
Key Highlights
- Cash flow asset generating $4,800/month from student rentals.
- Recently renovated building arranged for two dwelling units.
- Ideally located in the heart of Towson, near major employers and Towson University.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,500
Businesses Nearby
Explore this area
Business Placement
Demographics for 21204, MD
20,967
Population
9,529
Households
2.2
Avg Household Size
36
Median Age
73%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,328
Density / Sq Mi
$98,452
Median Household Income
$53,889
Median Earnings
$1,894
Median Rent
$571,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Recently renovated duplex near Towson University, generating $4,800 monthly.
Where is this duplex located?
The property is located at 405 Central Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Cash flow asset generating $4,800/month from student rentals.; Recently renovated building arranged for two dwelling units.; Ideally located in the heart of Towson, near major employers and Towson University.
