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Renovated Two-Unit Duplex
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405 CENTRAL AVE, Towson, MD

Fully renovated residential income property with two leased dwelling units and rear surface parking.

Property Size3,606 SF
Price / SF$83.19
Days on Market118

Property Features for 405 CENTRAL AVE

General Information

Standard status Active
Size 3,606 SF
Total Parking Spaces 12
Property subtype Multifamily, Office, Mixed Use

Building Details

Year Built 1923
Stories 2
Units 12
Listing Agency: A.J. Billig & Co. Auctioneers
Listed By: Charles Billig · License #MD 620779
Source: Crexi
Added: May 6 Changed: Aug 30 Last Checked: Aug 30 at 4:46AM

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 & Co. Auctioneers

Investment Insights

Based on property information with market context.

This two-unit residential property occupies a free-standing, two-and-one-half-story building renovated in 2024. The 2,847-square-foot above-grade layout includes a first-floor apartment with a living room, fireplace, updated kitchen, three bedrooms, and a full bath. The upper residence spans the second and third floors and offers an open living, dining, and kitchen arrangement, four bedrooms, and a full bath. An unfinished basement provides storage and mechanical areas. Improvements include LVP flooring, quartz countertops, ceramic tile backsplashes, two-zone HVAC, gas forced-air heat, central air conditioning, 200-amp electrical service, and a 73-gallon water heater.

The 0.21-acre site has 60 feet of frontage on Central Avenue, a curb cut from a 10-foot public alley, and a macadam-paved rear parking area. The property is zoned ROA—Residential Office, Class A, and is served by public utilities. Both dwelling units are leased, with reported occupancy at 100%. Towson University is approximately one-quarter mile south, while Baltimore County Government offices, courthouses, retail, dining, and entertainment are nearby.

Key Highlights

  • Two‑unit building renovated in 2024 with 2,847 square feet above grade
  • 0.21‑acre site with 60 feet of frontage on Central Avenue
  • Rear macadam parking area accommodates 12 vehicles, with potential for additional spaces

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Nail Salon Hair Salon Building Supply Auto Repair Shop Parking Lot & Garage

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

749
Businesses Nearby

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 - Fully renovated residential income property with two leased dwelling units and rear surface parking.
Where is this duplex located?
The property is located at 405 CENTRAL AVE Towson, 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: Two‑unit building renovated in 2024 with 2,847 square feet above grade; 0.21‑acre site with 60 feet of frontage on Central Avenue; Rear macadam parking area accommodates 12 vehicles, with potential for additional spaces
(410) 296-8440 Call to check price and availability
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