Brick Duplex with
703 N AUGUSTA Avenue, Baltimore, MD 21229
For Sale
$199,900
Multi-Family, BALTIMORE, MD
Property Size1,400 SF
Price / SF$142.79
Days on Market51
Property Features for 703 N AUGUSTA Avenue
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
rear deck
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(410) 814-2400
Listed By:
Christopher J Cooke · License #596183
(443) 802-2728
Added: Sep 18
Changed: Sep 23
Last Checked: Nov 7 at 3:06PM
MLS# MDBA2231852
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,400-square-foot brick duplex, built in 1937, includes two separately metered units. The main-level residence has 1 bedroom, 1 full bath, a kitchen, and access to a composite-style rear deck. The upper unit provides a flexible 1-2 bedroom, 1-bath layout with a kitchen, full bath, newer hardwood flooring, and carpet. The property also includes an attached 1-car garage and driveway parking.
Recent property improvements include a roof coating with a 10-year warranty, a newer rear gutter with gutter guard, two boilers that are approximately 4-5 years old, and a maintenance-free composite-style rear deck. The property is legally zoned as a 2-unit dwelling and is offered as-is. Public transportation is located 1 block away, with schools, shopping, a laundromat, and restaurants a few blocks from the property.
Recent property improvements include a roof coating with a 10-year warranty, a newer rear gutter with gutter guard, two boilers that are approximately 4-5 years old, and a maintenance-free composite-style rear deck. The property is legally zoned as a 2-unit dwelling and is offered as-is. Public transportation is located 1 block away, with schools, shopping, a laundromat, and restaurants a few blocks from the property.
Key Highlights
- Legally zoned 2‑unit property with 1,400 square feet
- Main‑level unit has 1 bedroom, 1 full bath, kitchen, and rear deck access
- Upper unit offers a flexible 1‑2 bedroom, 1‑bath layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,240
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,800
$364.8K
Cap Rate 7%
$260,571
$260.6K
Cap Rate 9%
$202,667
$202.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$35.3K $25.20/SF
− Vacancy
−$2.1K −$1.51/SF
EGI
$33.2K $23.69/SF
− OpEx
−$14.9K −$10.66/SF
NOI
$18.2K $13.03/SF
Area
ZIP 21229
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%
$364,800
Cap Rate 7%
$260,571
Cap Rate 9%
$202,667
Alternative Uses
Best Use
Multifamily LT 5
$282.7K
$247.4K – $329.9K
NOI $19,792 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$260.6K
$228.0K – $304.0K
NOI $18,240 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$333.8K
$292.1K – $389.4K
NOI $23,364 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 21229, MD
43,464
Population
20,653
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
7,367
Density / Sq Mi
$55,457
Median Household Income
$40,627
Median Earnings
$1,210
Median Rent
$184,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Baltimore, MD
Properties on Market for Duplexes in Baltimore
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units with a rear deck, driveway parking, and flexible occupancy options.
Where is this duplex located?
The property is located at 703 N AUGUSTA Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Legally zoned 2‑unit property with 1,400 square feet; Main‑level unit has 1 bedroom, 1 full bath, kitchen, and rear deck access; Upper unit offers a flexible 1‑2 bedroom, 1‑bath layout
