4409 LEEDS, Baltimore, MD 21229
MULTI_FAMILY - Colonial - BALTIMORE, MD
- Added:
- Jun 10, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 15 at 9:06 am
Property Features for 4409 LEEDS
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 5
- Parking features
- Driveway, Garage - Detached
- Standard status
- Active
- Size
- 1,450 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2652
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1924
- Number of units
- 1
- Building materials
- Stucco
- Architectural style
- Colonial
Listing agent Jeffrey Choyce Sr. License #647498 (410) 340-1841
Listing office Hyatt & Company Real Estate, LLC 6095 Marshalee Drive unit: 105, Elkridge, MD (410) 705-6295
Listing date Jun 10, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial zoning BL with 2 registered rental units
- 1st‑floor unit: 1 bedroom, 1 bath
- 2nd‑floor unit: 2 bedrooms, 1 bath
- Utilities fully separated between units
- Detached garage and driveway parking
- 1924 colonial‑style home with stucco construction
Overview
The property is located at 4409 Leeds in Baltimore, Maryland (21229). Utilities are fully separated between the units, which can simplify tenant onboarding and day-to-day operations.
For investors or owner-operators seeking a manageable residential rental structure, the split configuration provides a clear mix of unit sizes within the same property. The independently metered setup can also be beneficial for budgeting and reducing shared utility complexity. Please note that specific rent levels, condition details, and additional building or site features are not provided in the available information.
Local Financial Insights For Multifamily LT 5
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 | $31.3k | $21.60 |
| − Vacancy | −$2.0k | −$1.40 |
| EGI | $29.3k | $20.20 |
| − OpEx | −$8.8k | −$6.06 |
| NOI | $20.5k | $14.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.68883
- Latitude
- 39.26131
