Change Real Estate Presents:

5638 Midwood Avenue
Baltimore MD 21212

For Sale: $199,500.00 Pending

List Date: 2025-11-14

Baltimore
1,452 build ft2

About This Property

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 Agent: Azalea Johnson-Fox. Berkshire Hathaway HomeServices PenFed Realty 443-866-1411 brokerfox20@gmail.com

Property Features

Location Information
County:
Subdivision: CAMERON VILLAGE
click to open map in a new window
Interior Features
Appliances: Built-In Microwave, Dryer, Refrigerator, Stove
Interior: Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Built-Ins
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities: Natural Gas Available, Electric Available
Sewer: No Septic System
Exterior Features
Year Built: 1949
Subdivision Name: Cameron Village
Parking: Public
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Azalea Johnson-Fox. Berkshire Hathaway HomeServices PenFed Realty 443-866-1411 brokerfox20@gmail.com

Property Photos [Click to enlarge]

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