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Improved Development Lot with Driveway
For Sale
$375,000

OAKWOOD Road, Baltimore, MD 21222

LAND - BALTIMORE, MD

Property SizeContact for details
Lot Size0.09 Acres
Days on Market141

Property Features for OAKWOOD Road

General Information

Property type Land
Property subtype Other
Subdivision GRAY MANOR HOMES
Elementary school district BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district BALTIMORE COUNTY PUBLIC SCHOOLS
High school district BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 48
Listing Agency: Weichert, Realtors - Beach Bound
Listed By: Charles Ryan Arnold Jr. · License #RB-0020829
Added: Mar 24 Changed: Aug 10 Last Checked: Aug 11 at 8:06PM
MLS# MDBC2157140

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 improved lot features a home built in 1947 with a driveway for convenient front parking and a full basement for added space or storage. The home is described as having 3 bathrooms and 2 kitchens, along with additional property features including a privacy fence and four 10-foot gates. Basement updates noted include a gas fireplace and upgraded electrical box and gas service, and a new sump pump with emergency backup. Other items are described as fair condition, including the hot water heater, furnace, and plumbing.

The lot is included in the sale of a commercial property located right next door at 2725 N. Point Road in Dundalk, Maryland, and is listed in Baltimore, MD 21222 at Oakwood Road. The property is presented with flexibility for redevelopment, including an option to renovate the existing space or tear down the dwelling and build anew using the lot’s commercial property lines.

Additional configuration possibilities mentioned include converting the home to a multi-unit rental layout or using the first-floor space for an office concept, with parking described for both the front and rear.

Key Highlights

  • Included additional 0.21‑acre lot provides expansion/development potential.
  • Prime investment opportunity with potential for increased rental income or resale value.
  • Potential to convert into a 3‑unit rental property.

Property Analytics

Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

Demographics for 21222, MD

59,062
Population
24,054
Households
2.5
Avg Household Size
38
Median Age
14%
College-Educated
85%
High-School Grad
11.5 sq mi
ZIP Area
5,136
Density / Sq Mi
$61,934
Median Household Income
$41,920
Median Earnings
$1,390
Median Rent
$200,800
Median Home Value

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?
Single family property - Improved lot includes a 1947 home with a driveway and full basement, offered as part of the sale of an adjacent property.
Where is this single family property located?
The property is located at OAKWOOD Road Baltimore, MD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Included additional 0.21‑acre lot provides expansion/development potential.; Prime investment opportunity with potential for increased rental income or resale value.; Potential to convert into a 3‑unit rental property.
More about this property
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