Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Income approach supports $2,500/mo rental value (GRM of ~90x). Assessed value of $62K appears below market.
Spacious 7-Bedroom Colonial on 0.3-Acre Lot in Frankford
4316 Findlay Road is a substantial colonial built in 1920 with a documented 3,760 square feet of living space on roughly 0.3 acres in Baltimore’s Frankford neighborhood. The property presents a deep rectangular lot with standard residential frontage on Findlay Road, a detached two-car garage, and a partially finished basement. Exterior elements such as the roof and siding are recorded as being in good condition, while the interior is documented as needing upgrades — a profile that often appeals to investors and buyers seeking value-add opportunities.
The house spans three stories and is constructed with a wood-frame system and a shake/shingle roof. The interior layout includes seven bedrooms and three bathrooms, and the home is equipped with central cooling and radiant heating. Parking is supported by the detached garage plus on-street spaces, and site access is via a standard residential driveway. Condition is listed as below average overall, which underscores the need for a thorough inspection and a clear renovation plan before any re-occupancy or reconfiguration.
Ownership and transaction history indicate the property has been held by an LLC since a 2019 purchase that followed a foreclosure sale. Public records and source listings are available for review. Zoning is R-7 (Mixed Residential), and documented allowed uses include single-family, multi-family, and accessory dwelling units; local zoning and permit verification will be necessary for conversions or ADU development. The research notes the detached garage and the oversized lot as potential candidates for additional dwelling units or ancillary rental conversion, subject to permits and zoning compliance.
Market context from nearby comparable sales and local MLS activity shows a neighborhood with steady appreciation and active renovation activity. Recent sales of nearby renovated colonials and large single-family homes provide a reference set for repositioning work. Rental analysis in the research supports a strong demand for larger units and shared housing arrangements in Frankford, and the property’s scale and layout create flexibility for long-term rental strategies or partitioning into multiple units. Key due diligence items include confirming lot boundaries, verifying renovation permits, a professional home inspection, and a zoning review focused on multi-unit and ADU feasibility.
This profile is research-driven rather than a marketing listing: it summarizes public records, recent comparable activity, and identified opportunity and risk factors. Prospective buyers or portfolio managers should follow the documented verification checklist and obtain contractor estimates before committing capital or initiating permitting related to a conversion or extensive interior renovation.
See the properties helping shape the valuation.
Comparable sales
- 1,876 SF smaller
- 3 fewer bedrooms
- 1 fewer bathroom
- 8,000 SF smaller lot
- 20 years newer
- 1,842 SF smaller
- 3 fewer bedrooms
- 0.5 fewer bathrooms
- 8,500 SF smaller lot
- 15 years newer
- 1,091 SF smaller
- 3 fewer bedrooms
- 1.5 fewer bathrooms
- 7,000 SF smaller lot
- 5 years newer
A 1920 colonial on 0.3 acres.
Building
Site & utilities
Frankford
Researched nearby locations
Location
4316 Findlay Road, Baltimore, Maryland 21206
Frankford is a mixed residential neighborhood in northeast Baltimore with a blend of single-family homes, smaller multifamily properties, and a nearby commercial corridor. Local anchors include Frankford Plaza Shopping Center (about 0.5 miles), Herring Run Park (about 1 mile), Johns Hopkins Bayview Medical Center (roughly 2 miles) and Morgan State University (about 3 miles). Public schools cited in records include Furley Elementary, Vanguard Collegiate Middle, and Mergenthaler Vocational-Technical High School; local reporting notes below-average school ratings. The area is experiencing steady growth with improving property values and convenient access to shopping and parkland.
Herring Run Park lies about one mile away and provides trails and green space; neighborhood proximity to local parks and nearby shopping at Frankford Plaza supports everyday outdoor and recreational needs.
A factual market snapshot around 4316 Findlay Road.
Mixed Residential District
Zoning
Research-indicated uses
- Single Family
- Multi Family
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 1,310 SF smaller
- 3 fewer bedrooms
- 1 fewer bathroom
- 1,460 SF smaller
- 4 fewer bedrooms
- 1 fewer bathroom
What the research supports — and what is still worth verifying.
Key findings
- Property last sold in 2019 for $73,000; current estimate $225,000 ($60/SF)
- Assessed value $62,000 (land $46K, improvements $16K); annual taxes $1,537
- Zoned R-7 allowing for mixed residential uses, including multi-family development
- Comparable sales within 0.5 miles in last 6 months range $200K–$250K
- Average days on market in Frankford: 54 days (buyer's market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning regulations for multi-unit development
- Professional home inspection
- Assess interior renovation costs
What stands out about this property.
Interior Features
- 7 bedrooms
- 3 bathrooms
- 3,760 sq ft gross building area
- Partially finished basement
- Three stories
- Central cooling
- Radiant heating
- Wood-frame construction
- Shake/shingle roof
- Condition: below average
Sources & research confidence.
See where the property research came from and how confidence varies by field.