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$282,500
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Property Description
Discover an exceptional investment opportunity with this turn-key 2-unit duplex in the highly desirable Overlea area of Baltimore. This property is ideal for both seasoned investors and those looking to house hack their way into real estate, offering the potential for strong cash flow of $3,000 or more per month. The duplex features two well-appointed units, with Unit 1 currently vacant and previously rented for $1,500, making it primed for new tenants. Unit 2 is already generating income at $1,400 per month, with the potential for both rents to be raised. The steady tenant market in Overlea makes this an attractive option, allowing you to enjoy reliable passive income while benefiting from an appreciating asset surrounded by single-family homes selling for $350,000 to $400,000. Recent upgrades enhance the appeal of this property, including a brand-new roof installed in 2023, featuring 50-year asphalt shingles for long-lasting durability. Unit 1 was fully renovated in 2023, showcasing stylish vinyl flooring, modern stainless steel appliances, and elegant quartz countertops. Additionally, the main drain line was replaced in 2024, ensuring peace of mind for future maintenance. The heat pumps, approximately seven years old, have also been recently serviced, providing efficient climate control for your tenants. With rental rates in the area remaining stable since 2023, there's ample potential for rent increases in the future. The property was appraised at $295,000 in 2023, underscoring its value in a thriving neighborhood. Don't miss your chance to seize this incredible opportunity before it hits the market!
Full Property Details
Full Property Details for 4006 Pinewood Ave
General
- Sold For: $282,500
- Taxes: $3,823 (2025)
- Status: Closed
- Type: Duplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2184914
- Added to Site: 116 day(s) ago
Interior
- Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open
- Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Exterior
- Porch/Patio/Deck: Deck(s)
Parking
- Parking Type: Driveway, On Street
Location
- Municipality: Baltimore City
- County: Baltimore City
- Driving Directions: Northbound on Blair road you would take a left on E Northern Parkway and then a left on Cedonia Avenue and then finally a left on Cedonia Ave
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Aluminum Siding
- Foundation: Crawl Space
- Stories/Levels: 0
- Square Feet: 1,560
- Sq. Ft. Source: Assessor
- Living Area: 1,560 Sq. Ft.
- Year Built: 1985
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,248
- Lot Size Source: Assessor
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $274.04
- Assessment Year: 2025
- City/TownTax: $3,642
- City/TownTax Freq: Annually
- County Tax: $181
- County Tax Freq: Annually
- Tax w/Assessment: $221,400
- Tax Amount: $3,823
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1560
Disclosures and Reports
- Ownership: Fee Simple
- Section: 4
- Lot Number: 006A
Listed by Alberti Realty, LLC, Kenneth William Cheston
Sold by Berkshire Hathaway HomeServices Homesale Realty, Matthew Harris
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Schools
Schools serving 4006 Pinewood Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Glenmount Elementary/Middle School 6211 Walther Avenue, Baltimore, MD 21206 | PK-8 | 0.5 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 4.4 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 6.3 mi |
Reginald F. Lewis High School 6401 Pioneer Drive, Baltimore, MD 21214 | 9-12 | 2.2 mi |
Patterson High School 100 Kane Street, Baltimore, MD 21224 | 9-12 | 4.3 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 5.4 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 6.8 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 7.1 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4006 Pinewood Ave
Date
Details
Price
Change
Source
11/12/2025
Sold
$282,500
-0.88%
MLS
9/23/2025
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4006 Pinewood Avenue, Baltimore, MD 21206 (MLS# MDBA2184914) is a Duplex property that was sold at $282,500 on November 12, 2025. Want to learn more about 4006 Pinewood Avenue? Do you have questions about finding other Duplex real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

