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Executive Summary

Exceptional turn-key investment opportunity to acquire a fully operational 6-unit multifamily asset with strong income potential and long-term upside. This well-maintained building consists of six spacious 1-bedroom, 1-bath units, each thoughtfully designed with functional layouts that include generous living areas, full kitchens, comfortable bedrooms, and full baths. All units are separately metered for gas & electric, allowing for efficient expense management and maximizing net operating income, while central air and heat throughout ensures tenant comfort and retention. The property features a shared, coin-operated laundry facility in the basement, providing an additional revenue stream and added convenience for tenants. Currently 5 of the 6 units are occupied, offering immediate cash flow with the opportunity to increase income through lease-up or potential rent adjustments. At full occupancy, the property is projected to generate approximately $6,500 per month in rental income. Strategically located just minutes from downtown Baltimore, this asset benefits from its proximity to major employment hubs, shopping centers, dining, and public transportation options. This prime location supports consistent occupancy and future appreciation potential. Ideal for both seasoned investors and those looking to expand their portfolio, this low-maintenance, income-producing property offers a compelling blend of stability, scalability, and long-term growth.

Property Facts

Price $624,900
Price Per Unit $104,150
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,500 SF
No. Stories 5
Year Built 1900
Zoning R-8

Amenities

Unit Amenities

  • Balcony

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 750 - 900
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0207-045
Land Assessment
$15,000
Improvements Assessment
$175,900
Total Assessment
$190,900
  • Listing ID: 40045138

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 1911 W Baltimore St, Baltimore, MD 21223

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