6421 Pinehurst Rd - Freestanding FOR SALE


Baltimore, MD 21212
$475,000 USD
410-235-9500
6421 Pinehurst Rd, Baltimore, MD for Sale
$475,000 USD
Freestanding - FOR SALE
1/26
null | 6.66% Cap Rate

NEW


6421 Pinehurst Rd
Baltimore, MD 21212


HIGHLIGHTS

  • Rare Multi-Family in Rodgers Forge — Unique opportunity to own income property in a neighborhood of mostly owner-occupied rowhomes.
  • High-Income Demographics — Median household income of $174,107, nearly double the Baltimore County average, supports premium rents.
  • Proximity to Towson & Baltimore — Quick commutes to universities, medical institutions and employment centers strengthen rental demand.

OVERVIEW

Imagine owning income property in Rodgers Forge—where your monthly costs are lower than renting and your investment grows with every payment. With 80% down, the total monthly PITI is only $1,237, which is less than the cost of renting a two-bedroom apartment in this coveted neighborhood. Even with just 3.5% down, monthly PITI is $2,114 — and that’s before factoring in the financial advantages of homeownership, including potential tax benefits, principal paydown, and long-term appreciation. For buyers seeking both a place to live and an income stream, this is a rare opportunity to do both in one of Baltimore County’s most desirable neighborhoods. 6421 Pinehurst Road is a rare two-unit Rodgers Forge Multi-Family, set on a tree-lined street in a neighborhood known for its charm, stability, and strong community spirit. Each apartment offers a practical, well-maintained living environment. Kitchens feature either wood or granite counters and wood cabinets; Unit 1 includes a dual sink with garbage disposal, dishwasher, and 24" gas range, while Unit 2 offers a porcelain sink top over a metal base and 30" gas range. Bathrooms are updated and functional, with a dual-sink vanity and walk-in shower in Unit 1 and a modern vanity with cast iron tub in Unit 2. Shared laundry is located in the basement. Each apartment is separately metered for gas and electric service. Heating and cooling are provided by two electric heat pumps with central air, and hot water is supplied by a central gas-fired water heater. The landlord currently pays water, and Baltimore County provides trash and recycling collection as part of property taxes. Outside, a covered front porch, fenced yard with mature trees, and off-street parking space create an inviting setting for tenants and owners alike. Rodgers Forge multi-family properties are virtually unheard of. This neighborhood of nearly 1,800 brick rowhomes is more than 90% owner-occupied, with rental options in extremely short supply. Listed on the National Register of Historic Places in 2009, Rodgers Forge is celebrated for its tree-lined streets, top-rated schools, and active community association. It offers a small-town feel with big-city access: Downtown Towson is just 1.5 miles away, and Johns Hopkins institutions, Towson University, and Goucher College are all nearby. Towson Town Center, restaurants, parks, and transit connections are just minutes away. The immediate census tract reports a median household income of $174,107, nearly double the Baltimore County average, and residents average a 25-minute commute to Towson or Baltimore City. Demand for quality rental housing here is strong among professionals, families, and international fellows, while supply remains minimal — supporting premium rents and low vacancy. This is your chance to acquire one of the only multi-family properties in Rodgers Forge — a neighborhood where supply is nearly zero, demand is high, and income opportunities are rare. Whether you’re an owner-occupant seeking to live for less, or an investor adding a blue-chip asset to your portfolio, 6421 Pinehurst Road stands out as a truly exceptional opportunity.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

10-5; 3-5

APN/PARCEL ID

09-0912570120

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.