$500,000

Estimated payment $3,337/month

Total Views 21,816
-- Bed
-- Bath
3,000 Sq Ft
$167 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • 3-minute walk to 32nd Street Park

About This Home

Prime Investment Opportunity: Gutted 6-Unit Building Near Johns Hopkins University Student Center

Located just a block away from the highly anticipated new Johns Hopkins University Student Center, this gutted 6-unit building presents an exceptional investment opportunity in one of Baltimore’s most desirable neighborhoods. With its proximity to the university, the building is perfectly positioned to serve the growing demand for student housing, faculty residences, or multi-family rentals.

This property offers a blank canvas for developers, investors, or visionaries looking to capitalize on the area's rapid development. The building has been completely gutted, providing a clean slate to design and customize each unit to suit modern living standards. Whether you’re looking to create high-end student apartments or multi-family units, this property offers immense potential for value appreciation.

Key Features:

Prime Location: Just one block from the Johns Hopkins University Student Center, with easy access to campus, restaurants, shops, and public transportation.
Fully Gutted: Ready for a full renovation—no demolition required. Perfect for investors looking to redesign the property to maximize rental income or resale value.
Large, Spacious Units: Potential for multiple 3- or 4-bedroom units, maximizing rental income potential in a high-demand market.
Development Potential: The building's layout and zoning offer flexibility for various development projects, whether residential or mixed-use.
Strong Rental Market: The Johns Hopkins University area has a consistently high demand for housing, ensuring strong rental prospects or potential for sale.
This property is an ideal opportunity for those seeking to invest in a rapidly developing area of Baltimore. With thoughtful renovations, this gutted building could quickly transform into a highly profitable asset in the heart of one of the city's most sought-after locations.

Don’t miss out on the chance to be part of the transformation of this dynamic neighborhood!

Listing Agent

Mark Simone

Keller Williams Legacy License #35186 Listed on: 11/26/2024

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1921

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Wood Flooring

Basement

  • Walk-Out Basement
  • Side Basement Entry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Corner Lot

Community Details

  • 4 Units
  • 4-Story Building

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 0312193864 005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,835

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Remarks Public: Prime Investment Opportunity: Gutted 6-Unit Building Near Johns Hopkins University Student Center Located just a block away from the highly anticipated new Johns Hopkins University Student Center, this gutted 6-unit building presents an exceptional investment opportunity in one of Baltimore’s most desirable neighborhoods. With its proximity to the university, the building is perfectly positioned to serve the growing demand for student housing, faculty residences, or multi-family rentals. This property offers a blank canvas for developers, investors, or visionaries looking to capitalize on the area's rapid development. The building has been completely gutted, providing a clean slate to design and customize each unit to suit modern living standards. Whether you’re looking to create high-end student apartments or multi-family units, this property offers immense potential for value appreciation. Key Features: Prime Location: Just one block from the Johns Hopkins University Student Center, with easy access to campus, restaurants, shops, and public transportation. Fully Gutted: Ready for a full renovation—no demolition required. Perfect for investors looking to redesign the property to maximize rental income or resale value. Large, Spacious Units: Potential for multiple 3- or 4-bedroom units, maximizing rental income potential in a high-demand market. Development Potential: The building's layout and zoning offer flexibility for various development projects, whether residential or mixed-use. Strong Rental Market: The Johns Hopkins University area has a consistently high demand for housing, ensuring strong rental prospects or potential for sale. This property is an ideal opportunity for those seeking to invest in a rapidly developing area of Baltimore. With thoughtful renovations, this gutted building could quickly transform into a highly profitable asset in the heart of one of the city's most sought-after locations. Don’t miss out on the chance to be part of the transformation of this dynamic neighborhood!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Walkout Level, Side Entrance
  • Total Sq Ft: 3000
  • Below Grade Sq Ft: 3000
  • Total Below Grade Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Corner
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6835.00
  • Assessor Parcel Number: 0312193864 005
  • Tax Lot: 005
  • Tax Total Finished Sq Ft: 2550
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 6

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,803 $305,800 $90,000 $215,800
2024 $6,803 $289,633 $0 $0
2023 $6,423 $273,467 $0 $0
2022 $6,072 $257,300 $90,000 $167,300
2021 $6,027 $255,367 $0 $0
2020 $5,981 $253,433 $0 $0
2019 $5,907 $251,500 $90,000 $161,500
2018 $5,935 $251,500 $90,000 $161,500
2017 $5,935 $251,500 $0 $0
2016 $6,436 $251,600 $0 $0
2015 $6,436 $251,600 $0 $0
2014 $6,436 $251,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $475,000 -5.0% $158 / Sq Ft
03/07/2025 03/07/25 For Sale $500,000 0.0% $196 / Sq Ft
03/07/2025 03/07/25 For Sale $500,000 0.0% $167 / Sq Ft
03/05/2025 03/05/25 Off Market $500,000 -- --
03/05/2025 03/05/25 Off Market $500,000 -- --
11/26/2024 11/26/24 For Sale $500,000 0.0% $196 / Sq Ft
11/26/2024 11/26/24 For Sale $500,000 +14.9% $167 / Sq Ft
11/08/2023 11/08/23 Sold $435,000 +24.3% $171 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $350,000 -- $137 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $435,000 Definitive Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $326,250 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: MDBA2146918

Bright MLS

APN: 3864-005