Well-Maintained Duplex in
For Sale
$270,000
4204 Kenwood Ave, Baltimore, MD 21206
Large duplex, easily converted, with rental income potential.
Property Size1,504 SF
Price / SF$179.52
Days on Market209
Property Features for 4204 Kenwood Ave
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Multi-Family
Building Details
Year Built
1925
Listing Agency:
Samson Properties
Listed By:
Darlene M Tawney · License #580853
(410) 218-9658
Source:
Baltimorehousesale
Added: Mar 11
Changed: Sep 21
Last Checked: Oct 4 at 11:50AM
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 Samson Properties
Investment Insights
Based on property information with market context.
This large, well-maintained two-apartment home in Baltimore can easily be converted back to a single-family residence. The second floor features one bedroom, large closets, a full kitchen, and a bathroom with a new tub enclosure and floor. It also includes a new kitchen floor, a living room, and a large storage room. The first floor offers new floors and new carpet, large closets in every room (some walk-in), French doors between the living room and dining room, and a foyer. The property also includes a full unfinished lower level, a covered front porch, a side entrance, and a driveway. It has separate meters and is zoned. This property presents an opportunity to live in one unit and rent the other to help pay your mortgage.
Key Highlights
- Two‑apartment home offers rental income potential to offset mortgage costs.
- Easily convertible back to a single‑family home.
- First floor features new floors and new carpet.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,157
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,140
$443.1K
Cap Rate 7%
$316,529
$316.5K
Cap Rate 9%
$246,189
$246.2K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$33.4K $22.20/SF
− Vacancy
−$1.7K −$1.15/SF
EGI
$31.7K $21.05/SF
− OpEx
−$9.5K −$6.31/SF
NOI
$22.2K $14.73/SF
Area
ZIP 21206
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,140
Cap Rate 7%
$316,529
Cap Rate 9%
$246,189
Alternative Uses
Best Use
Multifamily LT 5
$316.5K
$277.0K – $369.3K
NOI $22,157 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$282.9K
$247.5K – $330.1K
NOI $19,803 @ 7.0% cap · market cap 7.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Large duplex, easily converted, with rental income potential.
Where is this duplex located?
The property is located at 4204 Kenwood Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two‑apartment home offers rental income potential to offset mortgage costs.; Easily convertible back to a single‑family home.; First floor features **new floors and new carpet**.
