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Craftsman Duplex with Independent Units
For Sale
$350,000

7322 WINDSOR MILL Road, Windsor Mill, MD 21244

MULTI_FAMILY - Craftsman - WINDSOR MILL, MD

Property Size1,464 SF
Lot Size0.32 Acres
Price / SF$239.07
Days on Market24

Property Features for 7322 WINDSOR MILL Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Driveway
Subdivision WINDSOR MILL
Elementary school district BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district BALTIMORE COUNTY PUBLIC SCHOOLS
High school district BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status Active
Size 1,464 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 2437

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

fully waterproofed basement
shared laundry room
separate partitioned storage areas

Building Details

Year built 1929
Number of units 2
Building materials Mixed
Architectural style Craftsman
Listing Agency: Compass
Listed By: Nicholas W Bogardus · License #662465
Added: Jul 9 Changed: Jul 31 Last Checked: Aug 1 at 9:06AM
MLS# MDBC2169236

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.

This Craftsman duplex offers two completely independent units with separate electric meters, designed for flexibility for investors and owner-occupants. The main level features a spacious 2-bedroom, 1.5-bath unit, while the upper level includes a 1-bedroom, 1-bath apartment.

A fully waterproofed basement adds added peace of mind and includes a shared laundry room plus separate, partitioned storage areas for each unit. With forced-air heating and central air, the home is maintained for comfortable everyday living.

Situated on a 0.3231-acre lot with 1,464 square feet of property size and a driveway for parking, the duplex was built in 1929 and is configured as a true two-unit layout.

Key Highlights

  • Two completely independent units with separate electric meters
  • Main level: 2‑bedroom, 1.5‑bath; upper level: 1‑bedroom, 1‑bath
  • Fully waterproofed basement with shared laundry and partitioned storage

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 $32.5k $22.20
− Vacancy −$1.8k −$1.22
EGI $30.7k $20.98
− OpEx −$9.2k −$6.29
NOI $21.5k $14.69
1,464 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$307.1K
$268.7K – $358.3K (±1% cap)
NOI $21,499 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$272.5K
$238.4K – $317.9K (±1% cap)
NOI $19,074 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$350.7K
$306.9K – $409.2K (±1% cap)
NOI $24,551 @ 7.0% cap · market cap 7.01%
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 Building Supply Spa & Massage Center Gym & Fitness 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

Demographics for 21244, MD

38,015
Population
15,006
Households
2.5
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
14.1 sq mi
ZIP Area
2,696
Density / Sq Mi
$84,849
Median Household Income
$45,367
Median Earnings
$1,538
Median Rent
$271,200
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
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Frequently Asked Questions

What type of property is this?
Duplex - Craftsman duplex on a driveway with central air, forced-air heat, separate electric meters, and two independent living units.
Where is this duplex located?
The property is located at 7322 WINDSOR MILL Road Windsor Mill, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two completely independent units with separate electric meters; Main level: 2‑bedroom, 1.5‑bath; upper level: 1‑bedroom, 1‑bath; Fully waterproofed basement with shared laundry and partitioned storage
More about this property
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