
1115 N Calvert St Baltimore, MD 21202
Mid-Town Belvedere NeighborhoodEstimated payment $4,852/month
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- Ceiling Fan
- No HOA
About This Home
Excellent investment opportunity in Baltimore’s desirable Mid-town Belvedere neighborhood, featuring a 4-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant in the process of renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals—reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,179
Year Built
- Built in 1900
Lot Details
- 2,618 Sq Ft Lot
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 4 Levels
- Ceiling Fan
- Finished Basement
Flooring
- Wood
- Carpet
- Tile or Brick
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 005
- Assessor Parcel Number 0311120498 005
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/27/2025 06/27/25 | Price Changed | $725,000 | -3.2% | $171 / Sq Ft |
06/04/2025 06/04/25 | For Sale | $749,000 | 0.0% | $177 / Sq Ft |
05/10/2025 05/10/25 | Pending | -- | -- | -- |
04/30/2025 04/30/25 | For Sale | $749,000 | +43.0% | $177 / Sq Ft |
02/08/2022 02/08/22 | Sold | $523,600 | +97.6% | $144 / Sq Ft |
12/22/2021 12/22/21 | Pending | -- | -- | -- |
12/13/2021 12/13/21 | Price Changed | $265,000 | -24.3% | $73 / Sq Ft |
11/16/2021 11/16/21 | For Sale | $350,000 | -- | $96 / Sq Ft |
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Source: Bright MLS
MLS Number: MDBA2165450

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