5638 Midwood Ave, Baltimore, MD 21212
Local realty services provided by:ERA Central Realty Group
5638 Midwood Ave,Baltimore, MD 21212
$199,500
- 4 Beds
- 2 Baths
- 1,452 sq. ft.
- Townhouse
- Active
Listed by: azalea johnson-fox
Office: berkshire hathaway homeservices penfed realty
MLS#:MDBA2191728
Source:BRIGHTMLS
Price summary
- Price:$199,500
- Price per sq. ft.:$137.4
About this home
Value-add duplex in a desirable 21212 location, priced to reflect the cosmetic updates needed. Major systems—including roof, HVAC, plumbing, and electrical—are in solid condition. Brand-new front and rear exterior doors have been installed, and the property is secured with a hardwired ADT alarm with monitoring. Interior unit entry doors will be installed or can be addressed through a seller concession. With an estimated $25,000 in cosmetic improvements, the property could reach an approximate $250,000 value (buyer to verify).
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.
DUPLEX — Live in One Unit or Rent Both. Ideal for an owner-occupant, house-hacker, or investor seeking sweat equity. Notable updates include a new sewer and water line (Len the Plumber, May 2019) and roof updates. The property has been registered and licensed with Baltimore City and includes lead certificates (verify status).
Investor Highlights (estimates):
Market rent (vacant unit): $1,500–$2,000/mo
Potential gross annual rent (both units): $24,000–$40,000/yr
Estimated NOI (typical expenses): $25,000–$28,000/yr
Implied value at a 6%–7% cap rate: $357,000–$416,000
Owner-Occupant Benefit: Rental income from one unit could offset 60%–70% of monthly housing costs, depending on financing.
Sold as-is. Inspections welcome for informational purposes. Strong rental potential, updated systems, and flexible living or investment options make this an opportunity worth seeing.
Contact an agent
Home facts
- Year built:1949
- Listing ID #:MDBA2191728
- Added:6 day(s) ago
- Updated:February 17, 2026 at 06:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,452 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1949
- Building area:1,452 sq. ft.
Utilities
- Water:Public
- Sewer:No Septic System
Finances and disclosures
- Price:$199,500
- Price per sq. ft.:$137.4
- Tax amount:$4,354 (2025)
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