4606 Ridge Ave

Halethorpe, MD 21227

$619,900
Price
5
Beds
4
Baths
3,374 Sq. Ft.
$184 / Sq. Ft.
3,374
Sq. Ft.
$184
per Sq. Ft.

Description

Wonderful opportunity to own 4 units with a great unit mix in Halethorpe! Individually metered for gas and electric, 4 separate entrances, coin laundry, and room to add value and increase NOI through renewals and renovations. There are 2 - 1bd/1bth units and 2 - 2bd/1bth units. In place tenants have been at the property for many years and have signed extensions through 2025 and 2026. The property has been well maintained over the years and had its first vacancy in over 8 years. The unit is in good...Wonderful opportunity to own 4 units with a great unit mix in Halethorpe! Individually metered for gas and electric, 4 separate entrances, coin laundry, and room to add value and increase NOI through renewals and renovations. There are 2 - 1bd/1bth units and 2 - 2bd/1bth units. In place tenants have been at the property for many years and have signed extensions through 2025 and 2026. The property has been well maintained over the years and had its first vacancy in over 8 years. The unit is in good condition and requires minimal work to prepare for leasing to a new resident. Rents:
1A - 2bd/1bth - leased for $1150/mo
1B - 2bd/1bth - leased for $1175/mo
2A - 1bd/1bth - vacant
2B - 1bd/1bth - leased for $1,100/mo

Plenty of on-site parking and great access for residents to the Marc Station, Route 1 and 695. Good history of renting and potential to be a stable long term investment for the next owner.
  1. Listed by David A Alvarado • Fairfax Realty Premier
    P: (240)-997-9506 david@sea-rei.com

Property Details for 4606 Ridge Avenue

Tax ID Number
04131310250172
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
04-17-2025
Subdivision
HALETHORPE
LISTING UPDATED: 05/09/2025 05:07 PM

Property Details for 4606 Ridge Avenue

StatusActive
MLS #MDBC2124580
Days on Market44
Taxes$4,195 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.29 AC / 12,500 SF
CountyBaltimore County

Location

Listing Courtesy of Fairfax Realty Premier
Add your commute

Building Information for 4606 Ridge Avenue

Stories-Residences4Year Built1915Building Size-Lot Size0.29 AC / 12,500 SF

Payment Calculator

$3,597 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,248

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4606 Ridge Avenue

Location
Location
  • In City Limits: No
  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140087473
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $372,033
  • Year Assessed: 2025
  • County Tax: $4,195
  • Improvement Assessed Value: $317,700
  • Land Assessed Value: $106,200
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: RESIDENTIAL 04
  • Tax Lot: 227
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Advertising/Licenses and Permits, Insurance, Management, Pest Control, Sewer, Water, Gas, Lawn/Shrub Care
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 729
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 2BR but second BR is used as a family room. Very long time tenant with good payment history.
  • Total Rooms: 5
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 565
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: Small one bedroom. Excellent tenant on a lease through 3/31/2025.
  • Total Rooms: 4
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 961
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 2BR, living room, dining room, eat in kitchen, covered entry, rear deck. Tenant would like to say, long history, good pmts.
  • Total Rooms: 5
Unit 4
  • Type: Unit 4
  • Level: 2
  • Unit Type Finished SQFT: 823
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 1BR unit with stairs to the attic. Very good tenant, excellent payment history, on a month-to-month lease.
  • Total Rooms: 5
Financial Information
Expenses
  • Operating Expense: $19,302
  • Pest Control Expense: $1,000
  • Maintenance Expense: $4,435
  • Professional Management Expense: $3,274
Financial Information
  • Gross Income: $48,173
  • Income Includes: Apartment Rentals, Laundry
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 1.00 x
  • Lot Dimensions Source: Assessor
  • Parcel ID: 11855640
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot - # of Spaces: 6
  • Parking Features: Circular Driveway, Paved Driveway
Interior Features
Interior Features
  • Interior Features: Carpet
  • Fireplace: No
  • Appliances: Refrigerator, Oven/Range - Gas
  • Accessibility Features: None
  • Window Features: Double Pane, Vinyl Clad
Exterior Features
Exterior Features
  • Outdoor Living Structures: Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Above Ground
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 4606 Ridge Avenue

DateEvent & SourcePriceAppreciation
May 9, 2025

Price Change

BRIGHT #MDBC2124580

$619,900
May 9, 2025

Listed (Active)

BRIGHT #MDBC2124580

May 7, 2025

Temp Off Market

BRIGHT #MDBC2124580

May 7, 2025

Listed (Active)

BRIGHT #MDBC2124580

Apr 23, 2025

Active Under Contract

BRIGHT #MDBC2124580

Apr 17, 2025

Listed (Active)

BRIGHT #MDBC2124580

$600,000
Aug 28, 2023

Closed (Public Record)

Public Record #1519006308

$530,000

+6.2% / yr

Aug 28, 2023

Closed

BRIGHT #MDBC2073016

$530,000
Jul 24, 2023

Pending

BRIGHT #MDBC2073016

Jul 20, 2023

Listed (Active)

BRIGHT #MDBC2073016

$500,000
Mar 16, 2012

Closed (Public Record)

Public Record #327605439

$265,000
Mar 16, 2012

Closed

BRIGHT #1004644218

$265,000
Feb 23, 2012

Withdrawn

BRIGHT #1009484678

$319,900
Feb 23, 2012

Withdrawn

BRIGHT #1009484678

Feb 22, 2012

Pending

BRIGHT #1004644218

Nov 23, 2011

Listed (Active)

BRIGHT #1004644218

$343,900
Nov 4, 2011

Listed (Active)

BRIGHT #1009484678

$343,900
DateEvent & SourcePrice
05/09/2025

Price Change

BRIGHT #MDBC2124580

$619,900
05/09/2025

Listed (Active)

BRIGHT #MDBC2124580

05/07/2025

Temp Off Market

BRIGHT #MDBC2124580

05/07/2025

Listed (Active)

BRIGHT #MDBC2124580

04/23/2025

Active Under Contract

BRIGHT #MDBC2124580

04/17/2025

Listed (Active)

BRIGHT #MDBC2124580

$600,000
08/28/2023

Closed (Public Record)

Public Record #1519006308

$530,000

+6.2% / yr

08/28/2023

Closed

BRIGHT #MDBC2073016

$530,000
07/24/2023

Pending

BRIGHT #MDBC2073016

07/20/2023

Listed (Active)

BRIGHT #MDBC2073016

$500,000
03/16/2012

Closed (Public Record)

Public Record #327605439

$265,000
03/16/2012

Closed

BRIGHT #1004644218

$265,000
02/23/2012

Withdrawn

BRIGHT #1009484678

$319,900
02/23/2012

Withdrawn

BRIGHT #1009484678

02/22/2012

Pending

BRIGHT #1004644218

11/23/2011

Listed (Active)

BRIGHT #1004644218

$343,900
11/04/2011

Listed (Active)

BRIGHT #1009484678

$343,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4606 Ridge Avenue

Taxable ValueLand$70,600Additions$275,500Total$346,100
Tax Record2023$5,473 ($456 / month)
Home Facts
Beds0Baths4Total Finished SqFt3,374 SqFtAbove Grade Finished SqFt3,374 SqFtStories2Lot Size12,500 SqFtStyleSingle Family ResidenceYear Built1915CountyBALTIMOREAPN13-1310250172Fireplace TypeHas Fireplace

Schools near 4606 Ridge Avenue

This home is within Baltimore County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Halethorpe Elementary School
PublicPK to 5

Arbutus Middle School
Public6 to 8

Lansdowne High & Academy Of Finance
Public9 to 12

Maiden Choice School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4606 Ridge Avenue is a multi-family home for sale in Halethorpe, MD 21227. This property was listed for sale on April 17, 2025 by Fairfax Realty Premier, it's currently listed at $619,900. It has been on the market for a total of 44 days and was last sold on August 28, 2023. This listing's school district is Baltimore County Public Schools. Nearby schools include Halethorpe Elementary School, Arbutus Middle School and Lansdowne High & Academy Of Finance. 4606 Ridge Avenue is a 5-bed, 4-bath, 3,374 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fairfax Realty Premier

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/09/2025 05:07 PM