Multifamily
For Sale
$289,000
7104 HARFORD RD, Baltimore, MD 21234
The property contains 1,636 square feet of building area.
Property Size1,636 SF
Price / SF$176.65
Days on Market8
Property Features for 7104 HARFORD RD
General Information
Standard status
Active
Size
1,636 SF
Property subtype
Multi-family
Site & Location
Neighborhood
North Harford Road
Listing Agency:
Keller Williams Gateway LLC
(443) 318-8800
Listed By:
Marcus P Hairston · License #0671997
(240) 426-3190
Source:
Towncentermd
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 30 at 2:45PM
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 Keller Williams Gateway LLC
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Investment Insights
Based on property information with market context.
This multifamily property at 7104 Harford Road in Baltimore contains 1,636 square feet. The available property details identify its location and building area.
Key Highlights
- 1,636 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,314
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,280
$426.3K
Cap Rate 7%
$304,486
$304.5K
Cap Rate 9%
$236,822
$236.8K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$41.2K $25.20/SF
− Vacancy
−$2.5K −$1.51/SF
EGI
$38.8K $23.69/SF
− OpEx
−$17.4K −$10.66/SF
NOI
$21.3K $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%
$426,280
Cap Rate 7%
$304,486
Cap Rate 9%
$236,822
Alternative Uses
Best Use
Apartment 5plus
$304.5K
$266.4K – $355.2K
NOI $21,314 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.9K
$343.0K – $457.3K
NOI $27,436 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
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Business Placement
Demographics for 21234, MD
67,308
Population
29,575
Households
2.3
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
5,023
Density / Sq Mi
$83,139
Median Household Income
$52,260
Median Earnings
$1,542
Median Rent
$276,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property contains 1,636 square feet of building area.
Where is this multifamily property located?
The property is located at 7104 HARFORD RD Baltimore, MD.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,636 square feet of building area
