2924 Saint Paul Street Baltimore, MD $ 1,100,000
2924 Saint Paul Street
$ 1,100,000
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2924 Saint Paul Street

Baltimore, MD, 21218
$ 1,100,000
Bedrooms-- Baths-- Sq 6,255

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Baltimore, MD

for $1,100,000. This 6,255 square foot building was built in 1902 on a lot size of 0.14.

Eight apartments across two buildings on the same block, just two blocks from Johns Hopkins Universitys Homewood campus in Baltimores Charles Village neighborhood. Offered together, 2924 and 2945 Saint Paul Street provide immediate scale in one of the citys most reliable rental corridors driven by students, faculty, researchers, and medical professionals. The Johns Hopkins Shuttle stops two blocks south, providing free transportation to the Peabody Institute, Johns Hopkins Hospital and research facilities on Broadway, and Bayview Medical Centerexpanding the potential tenant pool beyond the Homewood campus. The portfolio offers meaningful upside through rent growth in one of Baltimores strongest rental corridors. In-place rents provide immediate opportunity for improvement as leases turn and align with prevailing market levels near Johns Hopkins University. Select kitchens at 2924 Saint Paul have already been refreshed, while additional interior improvementssuch as kitchens, baths, and flooringmay support even higher rents over time. Apartments include laminate countertops, wood cabinetry, and gas ranges of varying sizes. Bathrooms feature modern vanities with steel or cast-iron tubs and surrounds consisting of vinyl, fiberglass, or ceramic tile. Seven of the eight apartments retain hardwood flooring in living areas, with one unit finished in laminate; kitchens feature vinyl flooring and bathrooms are finished in vinyl or ceramic tile. Each property is heated by a gas-fired boiler with radiator distribution and served by central gas-fired water heaters. Electric service is separately metered with five electric meters at each building and two gas meters per property. Located near the Charles Village retail corridor and Wyman Park Dell, the properties benefit from strong walkability, consistent tenant demand, and proximity to one of Baltimores largest employment anchors.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 5,900

Style

Apartment Building

Lot Size

0.14

Year Built

1902

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2206180

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Settlement Subject to Existing Lease
Roof Rubber
Zoning R-8
Construction Materials Brick
Exclusions Tenant's possessions excluded.
Year Built 1902
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Gross Income 142812.00
Business Type Apartment Building
Accessibility None
County BALTIMORE CITY
Net Operating Income 96744.00
New Construction N
Property Type Commercial Sale
Subdivision Name CHARLES VILLAGE
Water Access Y/N N
Status ACTIVE
Directions GPS
City BALTIMORE
Disclosures Lead Based Paint - State
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 6255.00
Tax Annual Amount 5900.0
Price Per Sq Ft Total AG 266.34
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 12
Tax Lot 020
Total Actual Rent 77280.00
Cap Rate 8.79
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Exterior
Water Source Public
Inclusions 8 gas ranges of varying sizes; 8 refrigerators
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4130.00
Lot Dimensions 2924: 17'6 x 184'4 2945: 16' x 123'
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 90000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2924
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* Excluded Features
List By
Ben Frederick Realty, Inc.

Broker

will@benfrederick.com

Email

Affordability Calculator

$7,265
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$492
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$1,100,000 Listed Price

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2924 Saint Paul Street, Baltimore, MD, 21218 is a Commercial Property for sale at $1,100,000 with 6,255 sqft and a lot size of 0.14. 2924 Saint Paul Street was built in 1902. The property's zip code is 21218 which is in Baltimore, MD