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About the Listing PFED11 - 3295530
DUPLEX – Live in One Unit or Rent Both It’s a students dream. 6 mins off campus. Barking. Washer dryer. I meannnnnn.. They are charging $1000 for off campus student housing and that was in 2019. Morgan has a HUGE housing shortage per admitted student. Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates. Investor Highlights: • Estimated market rent for vacant unit: $1,500–$2,000/mo • Potential gross annual rent (both units): $24,000–$40,000/yr • Estimated NOI (after typical expenses): $25,000–$28,000/yr • Implied value at a 6%–7% cap rate: $357K–$416K Owner-Occupant Benefit: Rental income from one unit could offset 60%–70% of monthly housing costs, depending on loan terms. Strong rental potential, updated systems, and flexible living or investment options.
Listing Highlights
Status
Pending
Days on Site
39
Property Type
Multi-Family
MLS ®
MDBA2192070
Year Built
1949
Total Square Footage
1,452
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Built-In Microwave, Dryer, Refrigerator, Stove
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1452
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other: Carpet,Ceiling Fan(s),Combination Dining/Living,Kitchen - Galley,Built-Ins
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R-6
- Roof:
- Others: Average
- Sewer: No Septic System
- Parking Features: Public,On Street
Financial Details
- Tax Amount: $4,354
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
5638 Midwood Ave Baltimore, MD 21212
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