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    Bel Air, MD
    Multifamily

    Bel Air, MD Multifamily Properties for Sale

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    Forest Hill, MD Fallston, MD Joppa, MD
    Triplex on RO Residential Office Site
    Updated: Jun 16
    Triplex on RO Residential Office Site

    707 N HICKORY Avenue, Bel Air, MD 21014

    $975,000
    3,687 sqft · 1.18 AC lot
    Standalone commercial/multi‑family building on a 1.18‑acre lot, producing over $65,000 annually
    Three apartments: each unit has 2 bedrooms and 1.5 bathrooms; two units have been completely renovated
    Zoned RO (residential office) with flexible use for professional, medical, dental, or retail users
    Located at the stoplight intersection of N. Hickory Ave and Moores Mill Road
    Expansive paved parking lot with 15 clearly lined spaces, including dedicated handicap (HCP) accessible parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    707 N HICKORY Avenue, BEL AIR, MD 21014

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $53K
      Annual

    • Mortgage

      $560K
      Jun 2021

    • Last Sold

      Jun 2021
      $700K

    • Property Type

      Commercial (General)
      Built 1920
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    Triplex with Residential Office Zoning
    Updated: Jun 22
    Triplex with Residential Office Zoning

    707 N HICKORY Ave, Bel Air, MD 21014

    $975,000
    1.18‑acre standalone commercial/multi‑family property in Downtown Bel Air
    Generates over $65,000 annually; residential component has three 2‑bed, 1.5‑bath apartments
    Two apartments have been completely renovated
    Zoned RO (residential office) and suited for professional, medical, dental, or retail uses
    High‑traffic exposure at the stoplight intersection of N. Hickory Ave and Moores Mill Road
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    Hearthstone Condo with Private Patio
    Hearthstone Condo with Private Patio

    120 W BROADWAY #2C, Bel Air, MD 21014

    $290,000

    Ground-level condo in 55+ community with green space.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Bel Air, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1205 HALL Street, Edgewood, MD 21040

    $279,000
    2,798 sqft · 0.34 AC lot

    Three-unit multifamily property on a sizable lot, sold strictly as-is and ready for renovation and repositioning.

    View details
    55+ Mobile Home Community
    55+ Mobile Home Community

    4104 CONOWINGO Road, Darlington, MD 21034

    $1,950,000
    2,900 sqft · 10.00 AC lot

    Mobile home community with 20 lots, plus an updated rancher and in-law suite for flexible owner or rental use.

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    55+ Mobile Home Community
    55+ Mobile Home Community

    4104 Conowingo Road, Darlington, MD 21034

    $1,950,000
    2,900 sqft · 10.00 AC lot

    Well-maintained mobile home community with rancher and in-law suite.

    View details
    Three-Bedroom Mobile Home for Sale
    Three-Bedroom Mobile Home for Sale

    EMILY Dr 1873, Edgewood, MD 21040

    $79,900

    Move-in ready three-bedroom mobile home with updated features.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Residential Land Near Beaches
    Residential Land Near Beaches

    28558 West Springside Drive, Milton, DE 19968

    $85,000
    0.22 AC lot

    Land for sale near beaches in Milton, Delaware.

    View details
    Land with Existing Septic and Well
    Land with Existing Septic and Well

    18531 Blackberry dr, Three Springs, PA 17264

    $38,900
    1.78 AC lot

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

    View details

    Off-Market Properties in Bel Air, MD

    Consider similar Off-Market properties in Bel Air, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    301 Russo Way
    APARTMENT HOUSE (5+ UNITS)

    301 Russo Way, Bel Air, MD 21015-6448

    $3,805,000
    Estimated value
    31,521 sqft · 9.72 AC lot
    View details
    2410 Creswell Rd
    APARTMENT HOUSE (5+ UNITS)

    2410 Creswell Rd, Bel Air, MD 21015-6508

    Value Estimation by Request
    989 sqft · 43.14 AC lot
    View details

    Bel Air, MD Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Bel Air, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,687 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for multifamily properties in Bel Air, MD start at $975,000, averaging $975,000, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 68K
    Population Growth (5Y) +5.4%
    Median Household Income $124,236
    College Educated 69.7%

    High-Yield Neighborhoods for Investment

    Identify Bel Air submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21014 $800K

    Taxes & Financing

    Tax Rate (average for all types) 0.99%
    Property Tax per SF $22.92 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Harford County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Harford County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Bel Air fall within the 50,000 to 100,000 square foot range.

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