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
- - Baths
- 1,452 sq. ft.
- Multi-family
- Pending
Listed by: azalea johnson-fox
Office: berkshire hathaway homeservices penfed realty
MLS#:MDBA2192070
Source:BRIGHTMLS
Price summary
- Price:$199,500
- Price per sq. ft.:$137.4
About this home
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.
Contact an agent
Home facts
- Year built:1949
- Listing ID #:MDBA2192070
- Added:79 day(s) ago
- Updated:May 01, 2026 at 10:16 AM
Rooms and interior
- Bedrooms:4
- Rooms Total:4
- Kitchen Description:Built-In Microwave, Built-Ins, Carpet, Kitchen - Galley, Refrigerator, Stove
- Basement:Yes
- Basement Description:Unfinished
- 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.
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:No Septic System
Finances and disclosures
- Price:$199,500
- Price per sq. ft.:$137.4
- Tax amount:$4,354 (2025)
Features and amenities
- Amenities:Built-Ins, Carpet, Ceiling Fan(s), Electric Available, Natural Gas Available
Parking
- Parking description:On Street, Public
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