3-Unit Triplex with
New
For Sale
$395,000
630 S FREEDOM Lane, Havre de Grace, MD 21078
Multi-Family, HAVRE DE GRACE, MD
Property Size1,275 SF
Lot Size0.06 Acres
Price / SF$309.80
Days on Market2
Property Features for 630 S FREEDOM Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking
2
Parking features
Driveway, On Street
Interior features
Bathroom - Tub Shower, Entry Level Bedroom
Appliances
Stove, Refrigerator
Elementary school
HAVRE DE GRACE
Middle school
HAVRE DE GRACE
High school
HAVRE DE GRACE
Elementary school district
HARFORD COUNTY PUBLIC SCHOOLS
Middle school district
HARFORD COUNTY PUBLIC SCHOOLS
High school district
HARFORD COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
1,275 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2834
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Window Unit(s)
Amenities
front porch
sidewalks
mailboxes
window AC units
deck
fenced rear yard
Building Details
Year built
1920
Number of units
3
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
American Premier Realty, LLC
(443) 512-0090
Listed By:
Daniel M Carson · License #514100
(443) 528-3984
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 7:06PM
MLS# MDHR2061180
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.
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Investment Insights
Based on property information with market context.
This 1,275-square-foot triplex contains three apartments: a one-bedroom unit and an efficiency on the main floor, plus a larger two-bedroom apartment upstairs. The upper unit opens onto a 13-by-10-foot deck. The one-bedroom apartment was renovated within the past year. Exterior work includes a replacement roof, gutters and stairway, along with replacement windows, vinyl siding, a front porch, sidewalks and mailboxes. A lead-free certificate is in place.
The 0.063-acre property has a fenced rear yard and a parking area with two spaces; street parking is also available. Heating is electric baseboard, and each unit has window air conditioning. Electricity is separately metered, while water and sewer service are shared. All three apartments are rented.
The 0.063-acre property has a fenced rear yard and a parking area with two spaces; street parking is also available. Heating is electric baseboard, and each unit has window air conditioning. Electricity is separately metered, while water and sewer service are shared. All three apartments are rented.
Key Highlights
- Three apartments: one‑bedroom, efficiency, and two‑bedroom layouts
- 1,275 square feet on a 0.063‑acre lot
- Two‑bedroom apartment has a 13‑by‑10‑foot deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,327
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,540
$366.5K
Cap Rate 7%
$261,814
$261.8K
Cap Rate 9%
$203,633
$203.6K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$28.3K $22.20/SF
− Vacancy
−$2.1K −$1.67/SF
EGI
$26.2K $20.54/SF
− OpEx
−$7.9K −$6.16/SF
NOI
$18.3K $14.37/SF
Area
Harford County, MD
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,540
Cap Rate 7%
$261,814
Cap Rate 9%
$203,633
Alternative Uses
Best Use
Multifamily LT 5
$261.8K
$229.1K – $305.5K
NOI $18,327 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$243.9K
$213.4K – $284.6K
NOI $17,074 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$448.6K
$392.5K – $523.4K
NOI $31,403 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
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Business Placement
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - The occupied property has three distinct apartment layouts and separate electric meters.
Where is this triplex located?
The property is located at 630 S FREEDOM Lane Havre de Grace, MD.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three apartments: one‑bedroom, efficiency, and two‑bedroom layouts; 1,275 square feet on a 0.063‑acre lot; Two‑bedroom apartment has a 13‑by‑10‑foot deck
