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Triplex with Finished Basement Space
For Sale
$324,900

7213 N Point Rd, Sparrows Point, MD 21219

Three separately metered apartments include tenant storage, shared laundry, and a mix of occupied and vacant units.

Property Size2,848 SF
Price / SF$114.08
Days on Market15

Property Features for 7213 N Point Rd

General Information

Standard status Active
Size 2,848 SF
Property subtype Multi-Family

Building Details

Year Built 1929
Listing Agency: RE/MAX Advantage Realty
Listed By: Kevin L Reeder · License #625355
Source: Baltimoreharfordhomesforsale
Added: Sep 21 Changed: Oct 1 Last Checked: Oct 5 at 7:00PM

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 RE/MAX Advantage Realty

Investment Insights

Based on property information with market context.

This 2,848-square-foot triplex, built in 1929, contains three apartments and is currently operated as a residential rental property. Two units are occupied, while the upper-level apartment is vacant. Apartment 1 includes finished basement living space. The lower level also has tenant storage lockers, a shared laundry area, and unfinished space. Improvements include updated bathrooms, flooring, countertops, fixtures, trim, and newer appliances. A covered front porch, side sunroom, and fenced backyard round out the property.

The property is zoned BL (Business Local) and has three rental licenses. Each apartment has separate electric metering. Natural gas is supplied through one meter to a three-zone heating system; water enters through a shared service line. Gas and water costs are divided equally among the three units. The property is served by a level, fenced backyard.

Key Highlights

  • Three apartments; two occupied and one vacant
  • 2,848 square feet; built in 1929
  • BL (Business Local) zoning and three rental licenses

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Spa & Massage Center

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

210
Businesses Nearby

Demographics for 21219, MD

9,594
Population
4,093
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
793
Density / Sq Mi
$118,500
Median Household Income
$60,417
Median Earnings
$1,336
Median Rent
$370,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered apartments include tenant storage, shared laundry, and a mix of occupied and vacant units.
Where is this triplex located?
The property is located at 7213 N Point Rd Sparrows Point, MD.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Three apartments; two occupied and one vacant; 2,848 square feet; built in 1929; BL (Business Local) zoning and three rental licenses
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