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Two-Bedroom Residential Income Property
For Sale
$205,000

9647 WHITEACRE ROAD Unit A3, Columbia, MD 21045

Condominium features an open living area, updated kitchen finishes, walk-in closet, and flexible shared-bath access.

Property Size953 SF
Days on Market55

Property Features for 9647 WHITEACRE ROAD Unit A3

General Information

Standard status Active
Size 953 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $2,435

Building Details

Building Size 953 SF
Year Built 1973
Listing Agency: Coachmen Properties, LLC
Listed By: Samuel J Cooper
Source: Thehulsmangroup
Added: Aug 12 Changed: Oct 3 Last Checked: Oct 4 at 4:47PM

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 Coachmen Properties, LLC

Investment Insights

Based on property information with market context.

This condominium offers a two-bedroom layout with an open living and dining arrangement. The kitchen includes stainless steel appliances and granite countertops, while the primary bedroom provides a walk-in closet and direct access to one of the home’s two half baths. A shared tub and shower connect the half baths, creating a distinctive bathroom configuration. Additional storage and closet space is located near the second bedroom.

The property is in Columbia, within walking distance of shopping, dining, and Blandair Park. Oakland Mills Middle and High Schools are directly across the street. Built in 1973, the residence is offered for sale and is described as ready for immediate move-in.

Key Highlights

  • Two‑bedroom condominium with open living and dining areas
  • Kitchen includes stainless steel appliances and granite countertops
  • Primary bedroom has a walk‑in closet and private half‑bath access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,390
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,800 $247.8K
Cap Rate 7%
$177,000 $177.0K
Cap Rate 9%
$137,667 $137.7K
Market Conditions
NOI Build-Up for 953 SF
Gross rent
$24.0K $25.20/SF
− Vacancy
−$1.5K −$1.56/SF
EGI
$22.5K $23.64/SF
− OpEx
−$10.1K −$10.64/SF
NOI
$12.4K $13.00/SF
Area
Columbia, MD
Vacancy
6.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,800
Cap Rate 7%
$177,000
Cap Rate 9%
$137,667

Alternative Uses

Best Use
Apartment 5plus
$177.0K
$154.9K – $206.5K (±1% cap)
NOI $12,390 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.0K
$265.1K – $353.5K (±1% cap)
NOI $21,209 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store Electrical Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Barber Shop

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

454
Businesses Nearby

Demographics for 21045, MD

39,321
Population
15,826
Households
2.5
Avg Household Size
38
Median Age
57%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
4,054
Density / Sq Mi
$117,323
Median Household Income
$62,522
Median Earnings
$1,768
Median Rent
$438,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium features an open living area, updated kitchen finishes, walk-in closet, and flexible shared-bath access.
Where is this residential income property located?
The property is located at 9647 WHITEACRE ROAD Unit A3 Columbia, MD.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑bedroom condominium with open living and dining areas; Kitchen includes stainless steel appliances and granite countertops; Primary bedroom has a walk‑in closet and private half‑bath access
More about this property
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