Craftsman Quadplex with Separate
6409 KRIEL Street, Baltimore, MD 21207
For Sale
$289,900
Multi-Family, BALTIMORE, MD
Property Size1,986 SF
Lot Size0.16 Acres
Price / SF$145.97
Days on Market48
Property Features for 6409 KRIEL Street
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Fireplace
Appliances
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
covered front porch
private balcony
owner's workshop
carriage house
hardwood floors
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
RE/MAX Advantage Realty · RE/MAX International
(410) 391-6900
Listed By:
Frederick A Golding · License MD #579183
(443) 506-2538
Added: Sep 23
Changed: Oct 22
Last Checked: Nov 9 at 10:06AM
MLS# MDBC2174522
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 four-unit Craftsman property, built in 1921, contains approximately 1,986 square feet across a basement apartment, two first-floor apartments, and one upper-level apartment. The first-floor residences connect to a covered front porch, while the upper-level unit includes a private balcony. Architectural details include cedar shake siding, hardwood floors, a fireplace, and window-unit cooling. Each apartment has a private entrance, separate electric meter, and individual electric panel. The property also includes a detached carriage house and a basement workshop for storage and maintenance use.
Two units are occupied and two are vacant. The property is located on Kriel Street in Baltimore County, with driveway parking and a 0.1607-acre lot. Heating is provided by forced air, and kitchens include gas ranges along with refrigerators, dishwashers, disposals, and microwaves.
Two units are occupied and two are vacant. The property is located on Kriel Street in Baltimore County, with driveway parking and a 0.1607-acre lot. Heating is provided by forced air, and kitchens include gas ranges along with refrigerators, dishwashers, disposals, and microwaves.
Key Highlights
- Four‑unit layout with one basement, two first‑floor, and one upper‑level apartment
- Two occupied units and two vacant units
- Separate electric meters and panels for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,874
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,480
$517.5K
Cap Rate 7%
$369,629
$369.6K
Cap Rate 9%
$287,489
$287.5K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$50.0K $25.20/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$47.0K $23.69/SF
− OpEx
−$21.2K −$10.66/SF
NOI
$25.9K $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%
$517,480
Cap Rate 7%
$369,629
Cap Rate 9%
$287,489
Alternative Uses
Best Use
Multifamily LT 5
$416.6K
$364.6K – $486.1K
NOI $29,165 @ 7.0% cap · market cap 10.06%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,874 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$475.8K
$416.3K – $555.1K
NOI $33,305 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
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Business Placement
Demographics for 21207, MD
46,595
Population
20,974
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
4,524
Density / Sq Mi
$64,284
Median Household Income
$45,737
Median Earnings
$1,390
Median Rent
$248,400
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Baltimore, MD
Properties on Market for Quadplexes in Baltimore
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit Craftsman property with two occupied apartments, two vacant units, private entrances, and dedicated storage improvements.
Where is this quadplex located?
The property is located at 6409 KRIEL Street Baltimore, MD.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Four‑unit layout with one basement, two first‑floor, and one upper‑level apartment; Two occupied units and two vacant units; Separate electric meters and panels for each apartment
