Brick Duplex
For Sale
$250,000
5809 CHINQUAPIN PKWY, Baltimore, MD 21239
All-brick townhouse duplex with one unit currently occupied by a tenant.
Property Size1,752 SF
Price / SF$142.69
Days on Market97
Property Features for 5809 CHINQUAPIN PKWY
General Information
Standard status
Active
Size
1,752 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Buildings
1
Construction
brick
Listing Agency:
Long & Foster Real Estate, Inc.
(301) 388-2600
Listed By:
Thomas E Cole · License #506307
(240) 475-5969
Source:
Imanirealtors
Added: Jul 12
Changed: Oct 9
Last Checked: Oct 14 at 10:56PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This two-unit, all-brick townhouse property contains 1,752 square feet and was built in 1949. One residence is occupied by a tenant, while the second unit provides additional residential space within the duplex configuration.
Located at 5809 Chinquapin Pkwy in Baltimore, Maryland, the property is offered for sale. Advance notice of 48 hours is required for access.
Located at 5809 Chinquapin Pkwy in Baltimore, Maryland, the property is offered for sale. Advance notice of 48 hours is required for access.
Key Highlights
- Duplex townhouse with two residential units
- All‑brick construction
- 1,752 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,826
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,520
$456.5K
Cap Rate 7%
$326,086
$326.1K
Cap Rate 9%
$253,622
$253.6K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$44.2K $25.20/SF
− Vacancy
−$2.6K −$1.51/SF
EGI
$41.5K $23.69/SF
− OpEx
−$18.7K −$10.66/SF
NOI
$22.8K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,520
Cap Rate 7%
$326,086
Cap Rate 9%
$253,622
Alternative Uses
Best Use
Multifamily LT 5
$367.6K
$321.6K – $428.8K
NOI $25,729 @ 7.0% cap · market cap 10.29%
Second Best
Apartment 5plus
$326.1K
$285.3K – $380.4K
NOI $22,826 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$419.7K
$367.3K – $489.7K
NOI $29,381 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
Explore this area
Business Placement
Demographics for 21239, MD
26,605
Population
12,621
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
9,174
Density / Sq Mi
$64,288
Median Household Income
$48,424
Median Earnings
$1,337
Median Rent
$191,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - All-brick townhouse duplex with one unit currently occupied by a tenant.
Where is this duplex located?
The property is located at 5809 CHINQUAPIN PKWY Baltimore, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex townhouse with two residential units; All‑brick construction; 1,752 square feet of property size
