Renovated Duplex with Updated
5446 Narcissus Avenue Baltimore, MD 21215
5446 Narcissus Avenue, Baltimore, MD, 21215
$215,000
For Sale
$215,000
Renovated two-unit rowhome with updated one-bedroom, one-bath apartments and brand-new kitchens.
Property Size1,420 SF
Price / SF$151.41
Days on Market141
Property Features for 5446 Narcissus Avenue
General Information
- Standard status
- Active
- Size
- 1,420 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1929
Listing agency
Ankor Realty
(609) 304-2314
Listed by
Christopher Twardy · License #1540241
(609) 304-2314
Source
Thetristaterealestategroup
Added: Mar 3 Updated: Jul 21 at 10:04PM Checked: Jul 21 at 10:04PM
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 Ankor Realty
Investment Insights
Based on property information with market context.
This renovated duplex is a fully functional two-unit rowhome designed for straightforward income use. Each unit is a one-bedroom, one-bath layout and features a brand-new kitchen and fresh paint throughout. The basement offers additional space that could support laundry setup, including the potential to install a washer and dryer.
The property is located at 5446 Narcissus Avenue in Baltimore, Maryland 21215. It is presented as a turn-key option with modern updates already completed in both apartments.
As offered, the duplex includes two move-in ready apartments with consistent updates across the units, including newly updated kitchens and interior finishes.
The property is located at 5446 Narcissus Avenue in Baltimore, Maryland 21215. It is presented as a turn-key option with modern updates already completed in both apartments.
As offered, the duplex includes two move-in ready apartments with consistent updates across the units, including newly updated kitchens and interior finishes.
Key Highlights
- Renovated duplex rowhome with 2 units, each featuring 1 bedroom and 1 bathroom
- Brand‑new kitchens in both apartments
- Fresh paint throughout
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 | $28.1k | $19.80 |
| − Vacancy | −$1.9k | −$1.35 |
| EGI | $26.2k | $18.45 |
| − OpEx | −$7.9k | −$5.53 |
| NOI | $18.3k | $12.91 |
1,420 SF · lease $19.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.9K
$229.2K – $305.6K
NOI $18,335 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$241.0K
$210.9K – $281.2K
NOI $16,873 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$338.5K
$296.2K – $395.0K
NOI $23,698 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated two-unit rowhome with updated one-bedroom, one-bath apartments and brand-new kitchens.
Where is this duplex located?
The property is located at 5446 Narcissus Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Renovated duplex rowhome with 2 units, each featuring 1 bedroom and 1 bathroom; Brand‑new kitchens in both apartments; Fresh paint throughout
