312 Emory Street
Baltimore, MD, 21230 $ 724,900
Bedrooms7 Baths0.0 Monthly Estimate*
$ 5,007
for $724,900 with 7 bedrooms. This home was built in 1900 on a lot size of 0.04.
**Three fully occupied rental units in the heart of historic Ridgely's Delight!** An attractive opportunity for investors seeking an established income-producing property in a central Baltimore location. Situated at the corner of Emory Street and Melvin Drive, this multifamily property includes three separately addressed residential units: 312 Emory Street, 314 Emory Street, and 629 Melvin Drive. All three units are currently rented, providing an existing rental income stream from the time of acquisition. The property offers a versatile mix of residential accommodations. **312 Emory Street** features two bedrooms and one full bathroom. **314 Emory Street** offers three bedrooms and two full bathrooms, providing a larger residential layout. **629 Melvin Drive** features two bedrooms and two full bathrooms in a multilevel configuration. Together, the three units provide seven bedrooms and five full bathrooms, offering a range of layouts within a single investment property. Interior features include updated kitchens with granite countertops, stainless steel appliances, and contemporary cabinetry, along with updated bathrooms, laminate flooring, and in-unit laundry facilities. These amenities contribute to the property's appeal as a multifamily investment and offer conveniences commonly sought by residential tenants. **Location is a major highlight.** Ridgely's Delight is a historic residential neighborhood situated along the western edge of downtown Baltimore. The property is conveniently located near the University of Maryland, Baltimore campus, University of Maryland Medical Center, and Baltimore VA Medical Center, placing several major educational, medical, and employment destinations nearby. Oriole Park at Camden Yards and M&T Bank Stadium are also close to the neighborhood, along with the Babe Ruth Birthplace and Museum, Baltimore Convention Center, and the Inner Harbor. The neighborhood also offers access to Camden Station's MARC and Light Rail connections, major commuter routes including I-95 and I-395, and downtown Baltimore's restaurants, entertainment, and cultural destinations. This combination of residential character, employment centers, transportation options, and recreational attractions adds to the property's location appeal. Whether adding to an established real estate portfolio or acquiring a multifamily investment in Baltimore, this fully occupied three-unit property presents an opportunity to own rental real estate in a well-positioned historic neighborhood. Contact the listing agent to learn more about this investment opportunity! **PHOTO DISCLOSURE: ALL listing photographs have been digitally enhanced using AI to remove clutter and personal belongings. The images may not reflect the property's exact current appearance. Buyers should verify the property's actual condition during their due diligence.**
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FeaturesGeneralLiving Area 3348
Sewer Public Sewer
Heating Forced Air
Cooling Other
Possession Subject to Existing Lease
Zoning R-8
Architectural Style Other
Construction Materials Brick
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1900
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality BALTIMORE CITY
Section 04
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Subdivision Name RIDGELY'S DELIGHT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status COMING SOON
Directions From W Pratt St turn onto S Greene St. Turn right onto Washington Blvd. Turn right onto Emory St. Property is at the corner of Emory and Melvin
City BALTIMORE
Disclosures Lead Based Paint - Federal Under Lease
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 1760.01
Tax Annual Amount 16024.0
Two Bedroom 2
Structure Type Other
Price Per Sq Ft Total AG 216.52
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision Ward 22
Tax Lot 088
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InteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Central Air Y/N N
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 100000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Capital PropertiesBroker
david@tricountymdhometeam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,007
- Monthly Property Taxes
- $1,335
- 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.
Learn more about how to save NearbyMulti-family listings in Baltimore, MD
Average List Price $424,238
Percent of Sale Price 41%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/26/2026 | $724,900 | | Listed Price |