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1516 Lancaster Street Baltimore, MD $ 2,400,000
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$ 2,400,000 Get more info
1516 Lancaster Street
$ 2,400,000
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1516 Lancaster Street

Baltimore, MD, 21231
$ 2,400,000
Bedrooms13 Baths0.0

Monthly Estimate*

$ 14,973

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Multi-Family Home for sale in Baltimore, MD

for $2,400,000 with 13 bedrooms. This home was built in 1920.

Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could wanthigh ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garagea true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Dont miss your chance to own a premier asset in one of Baltimores most desirable neighborhoods.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

13

Property Type

Multi-Family

Taxes

$ 1,920

Style

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2161694
Features
General
Living Area 7520
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Asphalt
Appliances Dryer Oven/Range - Electric Refrigerator Washer
Zoning COMMERCIAL/RESIDENTIAL
Architectural Style Other
Construction Materials Brick Wood Siding
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1920
Property Subtype Other
Tax Year 2024
Ownership Other
Cool Fuel Electric
Municipality BALTIMORE
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions See GPS to 1516 Lancaster Street Baltimore MD
City BALTIMORE
Number Of Units Total 4
Tax Annual Amount 1920.0
Two Bedroom 4
Structure Type Detached
Price Per Sq Ft Total AG 319.15
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 3
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Interior
Interior Amenities Dining Area
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Other
Water View Y/N N
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Next Step Realty

Broker

james@thewhomegroup.com

Email

Affordability Calculator

$15,133
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/27/2025$2,400,000 Listed Price

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1516 Lancaster Street, Baltimore, MD, 21231 is a Multi-Family Home for sale at $2,400,000. 1516 Lancaster Street has 13 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 21231 which is in Baltimore, MD

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