End-of-Row Duplex with Two
For Sale
$219,999
501 BALTIC Avenue, Brooklyn, MD 21225
MULTI_FAMILY - Federal - BROOKLYN, MD
Property Size1,294 SF
Price / SF$170.01
Days on Market54
Property Features for 501 BALTIC Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Appliances
Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Subdivision
BROOKLYN
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
1,294 SF
Taxes and HOA fees
Tax Annual Amount
2520
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1945
Number of units
2
Building materials
Brick
Architectural style
Federal
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Renwick G James · License #587100
(410) 812-5004
Added: Jun 8
Changed: Jul 3
Last Checked: Jul 31 at 12:06AM
MLS# MDBA2218708
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 end-of-row duplex provides two separately configured rental units. Unit 1 includes one bedroom and one bathroom, with a living/dining area and kitchen. Unit 2 offers two bedrooms and 1.5 bathrooms. Both units include their own refrigerator and stove. The property is reported to have undergone recent upgrades and is currently 100% occupied.
The property is described as being near public transportation and everyday amenities. Access to major commuter routes is noted, including I-895, I-95, I-695, Route 100, and Route 40, along with buses and commuter rails. The listing also states the duplex is close to a fire station, major churches, and convenient stores.
For buyers seeking an income-producing residential rental asset, this duplex features tenant-occupied units and a straightforward utility responsibility structure, with tenants paying electricity and the owner paying for water and sewer. Because the property is occupied, showings are described as needing to be scheduled and handled with agent accompaniment after appointments are confirmed.
The property is described as being near public transportation and everyday amenities. Access to major commuter routes is noted, including I-895, I-95, I-695, Route 100, and Route 40, along with buses and commuter rails. The listing also states the duplex is close to a fire station, major churches, and convenient stores.
For buyers seeking an income-producing residential rental asset, this duplex features tenant-occupied units and a straightforward utility responsibility structure, with tenants paying electricity and the owner paying for water and sewer. Because the property is occupied, showings are described as needing to be scheduled and handled with agent accompaniment after appointments are confirmed.
Key Highlights
- End of row duplex with two separate units and reported 100% occupancy
- Unit 1: 1 bedroom, 1 bathroom with living/dining and kitchen
- Unit 2: 2 bedrooms and 1.5 bathrooms
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 | $28.7k | $22.20 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $27.1k | $20.98 |
| − OpEx | −$8.1k | −$6.29 |
| NOI | $19.0k | $14.69 |
1,294 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$271.5K
$237.5K – $316.7K
NOI $19,003 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$240.8K
$210.7K – $281.0K
NOI $16,859 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 21225, MD
34,138
Population
14,434
Households
2.4
Avg Household Size
34
Median Age
14%
College-Educated
79%
High-School Grad
6.5 sq mi
ZIP Area
5,252
Density / Sq Mi
$50,069
Median Household Income
$35,991
Median Earnings
$1,118
Median Rent
$214,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - End-of-row duplex offers two separate units with in-unit appliances and a utility setup where tenants pay electricity.
Where is this duplex located?
The property is located at 501 BALTIC Avenue Brooklyn, MD.
What is the asking price?
The asking price for this property is $219,999.
What are key features of this property?
This property features: End of row duplex with two separate units and reported 100% occupancy; Unit 1: 1 bedroom, 1 bathroom with living/dining and kitchen; Unit 2: 2 bedrooms and 1.5 bathrooms
