5638 Midwood Ave, Baltimore, MD 21212

Local realty services provided by:CENTURY 21 Gold
5638 Midwood Ave,Baltimore, MD 21212
$199,500
  • 4 Beds
  • 2 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.

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Home facts

  • Year built:1949
  • Listing ID #:MDBA2192070
  • Added:47 day(s) ago
  • Updated:March 30, 2026 at 07:50 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • 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