Multi-Family: MLS #MDBA2231592 Baltimore, MD $ 425,000
Multi-Family: MLS #MDBA2231592
$ 425,000
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Multi-Family: MLS #MDBA2231592

Baltimore, MD, 21218
$ 425,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 2,935

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Multi-Family Home for sale in Baltimore, MD

for $425,000 with 7 bedrooms. This home was built in 1920 on a lot size of 0.04.

Value-Add Opportunity: Older kitchens and bathrooms are in working condition, and the building is fully occupied. Updating the apartments creates an opportunity to maximize rents and create long-term value. Oversized Apartments: 3,456 square feet of gross building area includes one three-bedroom, two-bath apartment and two two-bedroom, one-bath apartments. Tenant-Paid Utilities: Tenants currently pay for gas, electric and water, helping limit the owners utility exposure and support monthly cash flow. Great Charles Village Location: Wyman Park is across the street, with Johns Hopkins Universitys Homewood Campus, R. House, neighborhood shopping and JHU shuttle service nearby. 103 West 29th Street is a fully occupied, three-unit apartment building offering unusually large apartments in a highly walkable Charles Village location. The building includes one three-bedroom, two-bath apartment and two two-bedroom, one-bath apartments within 3,456 square feet of gross building area. The kitchens and bathrooms are older but remain in working condition, allowing a new owner to complete improvements over time. Kitchens include laminate countertops, wood or metal cabinets and 30-inch gas ranges. Bathrooms feature cast-iron tubs with ceramic tile surrounds and ceramic tile or vinyl flooring. Updating the kitchens, bathrooms and interior finishes provides a clear path to modernizing the apartments, maximizing rents and creating long-term value. Each apartment has its own gas-fired furnace and gas-fired water heater. The property is served by four electric meters and three gas meters. Tenants currently pay for gas, electric and water. Wyman Park is directly across the street, while R. House and the Charles Village shopping district are approximately three blocks away. Johns Hopkins Universitys Homewood Campus and nearby JHU shuttle service help the property appeal to a broad tenant pool. The Maryland Avenue protected bike lane begins at the end of the block, and Baltimore Penn Station provides convenient regional rail service.

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Multi-Family Active

Price

$ 425,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 7,037

Style

Converted Dwelling

Lot Size

0.04

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2231592

Features
General
Living Area 3456
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Settlement Subject to Existing Lease
Zoning R8
Architectural Style Converted Dwelling
Construction Materials Brick
School District BALTIMORE CITY PUBLIC SCHOOLS
Exclusions Tenant's possessions excldued.
Year Built 1920
Property Subtype Triplex
Tax Year 2026
Ownership Ground Rent
Cool Fuel Electric
Accessibility None
County BALTIMORE CITY
Net Operating Income 55224.00
New Construction N
Property Type Multi-Family
Subdivision Name CHARLES VILLAGE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions GPS
City BALTIMORE
Disclosures Lead Based Paint - State Prop Disclaimer
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 3
Tax Annual Amount 7037.52
Home Warranty Y/N N
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 122.97
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 12
Total Actual Rent 45639.00
Cap Rate 9.60
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Interior
Heating Fuel Natural Gas
Basement Full Unfinished
Hot Water Natural Gas
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions 3 refrigerators and 3 ranges included.
Type of Parking None
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 20'3 x 90'2
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 70000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Ben Frederick Realty, Inc.

Broker

will@benfrederick.com

Email

Affordability Calculator

$3,522
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$586
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$425,000 Listed Price

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