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Duplex with Separate Apartment
For Sale
$515,000

423 Shetlands Ln, Glen Burnie, MD 21061

A private-entry apartment has its own driveway, walkway, and separately metered electric service.

Property Size3,600 SF
Price / SF$143.06
Days on Market9

Property Features for 423 Shetlands Ln

General Information

Standard status Active
Size 3,600 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1958
Listing Agency: HomeSource Pro Real Estate
Listed By: Joshua Mast · License #RB-0031372
Source: Baltimoreharfordhomesforsale
Added: Sep 19 Changed: Sep 26 Last Checked: Sep 26 at 7:37AM

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 HomeSource Pro Real Estate

Investment Insights

Based on property information with market context.

This duplex pairs a 2,700-square-foot main residence with a separate second-floor apartment of approximately 1,100 square feet. The main home has four bedrooms and two full baths; the apartment has two bedrooms and one bath. Its private exterior entrance, dedicated driveway and walkway, and separately metered electric service provide separation between the units. The apartment is currently licensed.

Built in 1958, the property has had recent improvements: a roof installed in 2021, siding in 2023, and HVAC systems in 2021–2022. The main residence also has fresh paint and new carpet.

Key Highlights

  • 2,700‑square‑foot main residence with 4 bedrooms and 2 full baths
  • Second‑floor apartment has approximately 1,100 square feet, 2 bedrooms, and 1 bath
  • Apartment includes a private exterior entrance, dedicated driveway and walkway, and separately metered electric service

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 21061, MD

57,352
Population
23,196
Households
2.5
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
12.2 sq mi
ZIP Area
4,701
Density / Sq Mi
$86,081
Median Household Income
$48,429
Median Earnings
$1,661
Median Rent
$326,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A private-entry apartment has its own driveway, walkway, and separately metered electric service.
Where is this duplex located?
The property is located at 423 Shetlands Ln Glen Burnie, MD.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2,700‑square‑foot main residence with 4 bedrooms and 2 full baths; Second‑floor apartment has approximately 1,100 square feet, 2 bedrooms, and 1 bath; Apartment includes a private exterior entrance, dedicated driveway and walkway, and separately metered electric service
More about this property
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