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Duplex with Above-Garage Apartment
For Sale
$589,900

678 209TH Street, Pasadena, MD 21122

MULTI_FAMILY - Cape Cod, Cottage - PASADENA, MD

Property Size2,736 SF
Lot Size0.69 Acres
Price / SF$215.61
Days on Market18

Property Features for 678 209TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features Driveway, Garage - Attached
Pool private 1
Fireplace 1
Subdivision GREEN HAVEN
Elementary school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Middle school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
High school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Standard status Active
Size 2,736 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Annual Amount 5864

Utilities

Heating system Forced Air, Heat Pump (Heating)
Cooling system Central Air

Amenities

screened porch
deck
patio
hot tub
above-ground pool
wood-burning fireplace
built-ins
wood floors
multiple fireplaces

Building Details

Year built 1975
Number of units 2
Building materials Frame
Architectural style Cottage, Cape Cod
Listing Agency: Keller Williams Keystone Realty · Keller Williams Realty
Listed By: Kev Orwig · License #RS372463
Added: Jul 17 Changed: Jul 23 Last Checked: Aug 3 at 9:06AM
MLS# MDAA2151772

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.

Investment Insights

Based on property information with market context.

Set on 0.69 acres, this frame duplex home offers 2,736 SF and a flexible layout that supports both everyday living and separate use. The property features a Colonial/Cape Cod style interior with multiple gathering areas, wood floors, built-ins, and fireplaces, including a wood-burning fireplace in the finished lower level. Heating is provided by forced air and a heat pump system, with central air for cooling. The home includes an attached garage and driveway parking.

A standout feature is the separate apartment above the garage, occupied by a long-term tenant and providing established supplemental rental income. Outside, enjoy a screened porch, deck, patio areas, hot tub, and a private above-ground pool.

Located in Pasadena’s Green Haven community in Anne Arundel County, the address is near Green Haven Wharf for waterfront recreation and Green Haven Park for outdoor activities. Downs Park offers more than 200 acres of Chesapeake Bay shoreline, nature trails, playgrounds, fishing piers, and kayak launches.

Key Highlights

  • 0.69‑acre lot with 2,736 SF duplex layout
  • Separate apartment above the garage occupied by a long‑term tenant
  • Central air with forced air and heat pump heating

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 $60.7k $22.20
− Vacancy −$3.9k −$1.44
EGI $56.8k $20.76
− OpEx −$17.0k −$6.23
NOI $39.8k $14.53
2,736 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$567.9K
$496.9K – $662.6K (±1% cap)
NOI $39,754 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$527.5K
$461.6K – $615.4K (±1% cap)
NOI $36,925 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$800.4K
$700.3K – $933.8K (±1% cap)
NOI $56,025 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 21122, MD

62,368
Population
23,624
Households
2.6
Avg Household Size
40
Median Age
32%
College-Educated
93%
High-School Grad
31.4 sq mi
ZIP Area
1,986
Density / Sq Mi
$121,732
Median Household Income
$63,687
Median Earnings
$2,077
Median Rent
$412,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Frame duplex with central air, an above-garage separate apartment, and a private above-ground pool for added flexibility.
Where is this duplex located?
The property is located at 678 209TH Street Pasadena, MD.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 0.69‑acre lot with 2,736 SF duplex layout; Separate apartment above the garage occupied by a long‑term tenant; Central air with forced air and heat pump heating
More about this property
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