Updated Two-Unit
For Sale
$289,900
4504 GARRISON Boulevard, Baltimore, MD 21215
Multi-Family, BALTIMORE, MD
Property Size2,010 SF
Lot Size0.17 Acres
Price / SF$144.23
Days on Market58
Property Features for 4504 GARRISON Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Dining Room
Parking features
On Street, Driveway
Interior features
Wood Floors, Formal/Separate Dining Room
Subdivision
DOLFIELD
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Size
2,010 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
4751
Utilities
Heating system
Central
Cooling system
Window Unit(s)
Building Details
Year built
1955
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Samson Properties
(443) 542-2251
Listed By:
Harold A Kelly · License #643252
(410) 537-0048
Added: Aug 9
Changed: Sep 5
Last Checked: Oct 5 at 4:06PM
MLS# MDBA2227324
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.
Investment Insights
Based on property information with market context.
This standalone duplex contains two updated residences within a 2,010-square-foot Colonial built in 1955. Each unit includes two bedrooms and one bath, with generously proportioned rooms, hardwood flooring, a dedicated dining area, and a kitchen with substantial cabinet and storage space. Central heating, window-unit cooling, vinyl siding, and natural light add to the functional appeal of the property. Outdoor space provides room for recreation, gardening, or entertaining, while parking is available in the driveway and on the street.
The property is positioned in Northwest Baltimore near bus stops, shopping complexes, and universities. Druid Hill Park, the Maryland Zoo, Reisterstown Road Plaza, and Downtown Baltimore are also identified as nearby destinations. The 0.1722-acre parcel offers a residential setting with access to the city’s surrounding amenities.
The property is positioned in Northwest Baltimore near bus stops, shopping complexes, and universities. Druid Hill Park, the Maryland Zoo, Reisterstown Road Plaza, and Downtown Baltimore are also identified as nearby destinations. The 0.1722-acre parcel offers a residential setting with access to the city’s surrounding amenities.
Key Highlights
- Two‑unit duplex with 2,010 square feet of building area
- Each unit has 2 bedrooms and 1 bath
- Built in 1955 with Colonial architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,953
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,060
$519.1K
Cap Rate 7%
$370,757
$370.8K
Cap Rate 9%
$288,367
$288.4K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$39.8K $19.80/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$37.1K $18.45/SF
− OpEx
−$11.1K −$5.53/SF
NOI
$26.0K $12.91/SF
Area
ZIP 21215
Vacancy
6.84%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,060
Cap Rate 7%
$370,757
Cap Rate 9%
$288,367
Alternative Uses
Best Use
Multifamily LT 5
$370.8K
$324.4K – $432.6K
NOI $25,953 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$341.2K
$298.5K – $398.1K
NOI $23,883 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$479.2K
$419.3K – $559.1K
NOI $33,544 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 21215, MD
54,198
Population
24,876
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
84%
High-School Grad
6.8 sq mi
ZIP Area
7,970
Density / Sq Mi
$47,606
Median Household Income
$37,670
Median Earnings
$1,177
Median Rent
$189,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bath, hardwood floors, and separate dining and kitchen areas.
Where is this duplex located?
The property is located at 4504 GARRISON Boulevard Baltimore, MD.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,010 square feet of building area; Each unit has 2 bedrooms and 1 bath; Built in 1955 with Colonial architectural style
