1027 N Caroline St Baltimore, MD 21205
Gay Street NeighborhoodEstimated payment $2,146/month
Highlights
- Federal Architecture
- Forced Air Heating and Cooling System
- 2-minute walk to Madison Square Park
- No HOA
About This Home
Investor Alert! Add this income-producing 3-unit multifamily to your portfolio. Property features three 2-bedroom apartments—each separately metered. Projected monthly rent roll is approximately $3,000/month. Located just blocks from Johns Hopkins Hospital in a high-growth corridor benefiting from the $1B+ East Baltimore Development Initiative (EBDI), including new townhomes, commercial projects, green spaces, and streetscape improvements. Walkable to transit, schools, and medical campuses. Great opportunity for buy-and-hold investors or owner-occupants looking to live in one unit and rent out the others.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,770
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Brick Exterior Construction
- Block Foundation
Bedrooms and Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Property has 3 Levels
- 1,440 Sq Ft Lot
Community Details
- No Home Owners Association
- Johns Hopkins Subdivision
Listing and Financial Details
- Tax Lot 012
- Assessor Parcel Number 0307081191 012
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,762 | $75,000 | $14,000 | $61,000 |
| 2024 | $1,762 | $75,000 | $14,000 | $61,000 |
| 2023 | $1,762 | $75,000 | $14,000 | $61,000 |
| 2022 | $1,770 | $75,000 | $14,000 | $61,000 |
| 2021 | $1,526 | $64,667 | $0 | $0 |
| 2020 | $1,282 | $54,333 | $0 | $0 |
| 2019 | $1,033 | $44,000 | $9,000 | $35,000 |
| 2018 | $773 | $32,733 | $0 | $0 |
| 2017 | $507 | $21,467 | $0 | $0 |
| 2016 | $118 | $10,200 | $0 | $0 |
| 2015 | $118 | $8,467 | $0 | $0 |
| 2014 | $118 | $6,733 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $375,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,000 | New Conventional |
Source: Bright MLS
MLS Number: MDBA2178868
APN: 1191-012
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