Residential Income
5424 BELLE VISTA AVENUE, Baltimore, MD 21206
For Sale
$259,999
The property includes central air, natural-gas service, and walk-out access.
Property Size2,016 SF
Price / SF$162.91
Days on Market9
Property Features for 5424 BELLE VISTA AVENUE
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Central Air, Electric
Natural Gas, Central
Walk-Out Access
Gas Water Heater
On Street
Other
Building Details
Building Size
Year Built
Listing Agency:
Century 21 Redwood Realty
Listed By:
Aaron Lamere
(240) 668-4179
Source:
Evrealestate
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 10 at 8:03AM
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 Century 21 Redwood Realty
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Investment Insights
Based on property information with market context.
Built in 1948, this residential income property measures 1,596 square feet. Interior features include central air, natural-gas service, walk-out access, and a gas water heater. The property is zoned R-4.
Key Highlights
- 1,596‑square‑foot residential income property
- Built in 1948
- R‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,015
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,300
$420.3K
Cap Rate 7%
$300,214
$300.2K
Cap Rate 9%
$233,500
$233.5K
Market Conditions
NOI Build-Up for 1,596 SF
Gross rent
$40.2K $25.20/SF
− Vacancy
−$2.0K −$1.26/SF
EGI
$38.2K $23.94/SF
− OpEx
−$17.2K −$10.77/SF
NOI
$21.0K $13.17/SF
Area
ZIP 21206
Vacancy
5.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,300
Cap Rate 7%
$300,214
Cap Rate 9%
$233,500
Alternative Uses
Best Use
Apartment 5plus
$300.2K
$262.7K – $350.3K
NOI $21,015 @ 7.0% cap · market cap 8.08%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$335.9K
$293.9K – $391.9K
NOI $23,512 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
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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
$213,700
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Baltimore, MD
Properties on Market for Residential income properties in Baltimore
Frequently Asked Questions
What type of property is this?
Residential income property - The property includes central air, natural-gas service, and walk-out access.
Where is this residential income property located?
The property is located at 5424 BELLE VISTA AVENUE Baltimore, MD.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: 1,596‑square‑foot residential income property; Built in 1948; R‑4 zoning
