Craftsman Duplex with Independent
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
(410) 220-5745
Listed By:
Nicholas W Bogardus · License #662465
(410) 914-7355
Added: Jul 9
Changed: Jul 31
Last Checked: Aug 1 at 12:06PM
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.
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
NOI $21,499 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$272.5K
$238.4K – $317.9K
NOI $19,074 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$350.7K
$306.9K – $409.2K
NOI $24,551 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
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
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