Move-In Ready Two-Unit
4167 Fairview Avenue Baltimore, MD 21216
4167 Fairview Avenue, Baltimore, MD, 21216
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For Sale
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Two-unit multifamily with updated interiors, including in-unit washer and dryer setups and stainless steel appliances.
Property Size1,648 SF
Price / SF$151.70
Days on Market78
Property Features for 4167 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 1,648 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1926
Listing agency
Midfield Realty
(410) 498-5408
Listed by
Yaakov Kanevsky · License #MD-5012433
Source
Crexi
Added: May 6 Updated: Jul 21 at 1:31PM Checked: Jul 21 at 1:31PM
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 Midfield Realty
Investment Insights
Based on property information with market context.
4167 Fairview Avenue is a well-maintained two-unit multifamily property that has been recently renovated and is move-in ready. Each unit features updated finishes and kitchen upgrades, including stainless steel appliances, white shaker cabinets, and stylish backsplash tile. Both units also include in-unit washer and dryer setups, and the property has newer top compressors.
The property is conveniently located near major commuter routes and public transportation, with easy access to shopping and dining destinations, including Westside Shopping Center and nearby retail along Edmondson Avenue and Security Boulevard.
The asset is positioned for straightforward occupancy as a duplex-style income property with coordinated, updated unit interiors throughout.
The property is conveniently located near major commuter routes and public transportation, with easy access to shopping and dining destinations, including Westside Shopping Center and nearby retail along Edmondson Avenue and Security Boulevard.
The asset is positioned for straightforward occupancy as a duplex-style income property with coordinated, updated unit interiors throughout.
Key Highlights
- 2‑unit multifamily built in 1926
- Updated interiors in both units with stainless steel appliances
- White shaker cabinets and backsplash tile in both units
Local Financial Insights For Apartment 5plus
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 | $41.5k | $25.20 |
| − Vacancy | −$2.5k | −$1.51 |
| EGI | $39.0k | $23.69 |
| − OpEx | −$17.6k | −$10.66 |
| NOI | $21.5k | $13.03 |
1,648 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.7K
$302.5K – $403.4K
NOI $24,201 @ 7.0% cap · market cap 9.68%
Second Best
Apartment 5plus
$306.7K
$268.4K – $357.9K
NOI $21,471 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$394.8K
$345.5K – $460.6K
NOI $27,637 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit multifamily with updated interiors, including in-unit washer and dryer setups and stainless steel appliances.
Where is this duplex located?
The property is located at 4167 Fairview Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2‑unit multifamily built in 1926; Updated interiors in both units with stainless steel appliances; White shaker cabinets and backsplash tile in both units
