Two-Unit Historic
703 S CLINTON STREET, Baltimore, MD 21224
For Sale
$550,000
Pending
Corner-lot duplex with two kitchens, a partially finished basement, and convenient parking in Baltimore’s Canton neighborhood.
Property Size2,800 SF
Days on Market54
Property Features for 703 S CLINTON STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
open floor plan
gourmet kitchen with stainless steel appliances
gas oven/range
dishwasher
washer and dryer
second kitchen
partially finished basement
Building Details
Year Built
Listing Agency:
One Percent Lists Mid-Atlantic
(443) 987-1402
Listed By:
Robby B Douglas · License MD #662916
(443) 617-7373
Source:
Cummingsrealtors
Added: Sep 22
Changed: Nov 12
Last Checked: Nov 12 at 8:31AM
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 One Percent Lists Mid-Atlantic
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Investment Insights
Based on property information with market context.
This 2,800-square-foot duplex, built in 1913, offers a two-unit configuration with an open interior layout and features suited to separate occupancy. The main kitchen includes stainless steel appliances, a gas oven/range, dishwasher, and front-loading washer and dryer. A second kitchen expands the property’s functionality, while an entry-level bedroom and primary bath add convenience. The partially finished basement provides additional interior space for future customization.
Set on a corner lot at 703 S Clinton Street, the property includes driveway parking along with on-street parking. Its Canton location places the home near parks, local shops, dining, public services, and schools. The property can accommodate an owner-occupant arrangement with one unit rented separately or use as a two-unit rental, as supported by the existing layout.
Set on a corner lot at 703 S Clinton Street, the property includes driveway parking along with on-street parking. Its Canton location places the home near parks, local shops, dining, public services, and schools. The property can accommodate an owner-occupant arrangement with one unit rented separately or use as a two-unit rental, as supported by the existing layout.
Key Highlights
- 2,800‑square‑foot duplex on a corner lot
- Two‑unit layout with a second kitchen
- Stainless steel appliances, gas oven/range, dishwasher, and front‑loading washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,674
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
$733.5K
Cap Rate 7%
$523,914
$523.9K
Cap Rate 9%
$407,489
$407.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.4K $18.71/SF
− OpEx
−$15.7K −$5.61/SF
NOI
$36.7K $13.10/SF
Area
ZIP 21224
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
Cap Rate 7%
$523,914
Cap Rate 9%
$407,489
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K
NOI $36,674 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$485.5K
$424.8K – $566.5K
NOI $33,987 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$670.8K
$587.0K – $782.6K
NOI $46,956 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,550
Businesses Nearby
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Business Placement
Demographics for 21224, MD
54,266
Population
23,433
Households
2.3
Avg Household Size
33
Median Age
50%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
5,835
Density / Sq Mi
$86,209
Median Household Income
$63,556
Median Earnings
$1,782
Median Rent
$281,400
Median Home Value
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Market
Average Price Trend$/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 - Corner-lot duplex with two kitchens, a partially finished basement, and convenient parking in Baltimore’s Canton neighborhood.
Where is this duplex located?
The property is located at 703 S CLINTON STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,800‑square‑foot duplex on a corner lot; Two‑unit layout with a second kitchen; Stainless steel appliances, gas oven/range, dishwasher, and front‑loading washer and dryer
