1423 W Fayette St Baltimore, MD 21223
Franklin Square NeighborhoodEstimated payment $1,681/month
Highlights
- Federal Architecture
- Dining Area
- 3-minute walk to Vincent Street Park
- Forced Air Heating System
About This Home
Turnkey 3-unit in historic Union Square. Each identical 2BR/1BA unit is 1,002 sq. ft., separately metered, and on fixed year-long leases. Fully occupied, generating $2,918/month with tenants paying their own BGE (owner covers common area). Units 1 & 2 pay their water; Unit 3 excluded.
Strong rental demand with market rents averaging $1,200 per unit offers plenty of value-add potential. Well-positioned near Union Square Park, University of Maryland Medical Center, Biotech Park, downtown Baltimore, I-95, and I-295.
Ideal for investors seeking immediate income with upside, or owner-occupants looking to offset expenses.
Maryland RRSA completed
Listing Agent
(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775 Listed on: 08/25/2025
Co-Listing Agent
(301) 992-4154 michael@twgrealtors.com Realty of America LLC License #0225260326
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,770
Year Built
- Built in 1915
Parking
- On-Street Parking
Home Design
- Triplex
- Federal Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Dining Area
- Stove
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 012
- Assessor Parcel Number 0319140197 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 | $2,360 | $100,000 | $14,000 | $86,000 |
| 2022 | $1,809 | $76,667 | $0 | $0 |
| 2021 | $1,259 | $53,333 | $0 | $0 |
| 2020 | $708 | $30,000 | $7,000 | $23,000 |
| 2019 | $665 | $28,333 | $0 | $0 |
| 2018 | $629 | $26,667 | $0 | $0 |
| 2017 | $826 | $35,000 | $0 | $0 |
| 2016 | $1,308 | $27,667 | $0 | $0 |
| 2015 | $1,308 | $22,000 | $0 | $0 |
| 2014 | $1,308 | $13,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/13/2025 09/13/25 | For Sale | $290,000 | 0.0% | -- | |
| 09/12/2025 09/12/25 | Pending | -- | -- | -- | |
| 08/25/2025 08/25/25 | For Sale | $290,000 | +3525.0% | -- | |
| 07/13/2012 07/13/12 | Sold | $8,000 | -49.5% | -- | View Prior Sale |
| 03/30/2012 03/30/12 | Pending | -- | -- | -- | |
| 03/28/2012 03/28/12 | For Sale | $15,840 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $122,680 | Masters Title & Escrow | |
| Deed | $155,000 | Masters Title & Escrow | |
| Special Warranty Deed | $8,000 | None Available | |
| Deed | $69,075 | None Available | |
| Deed | $49,500 | -- | |
| Deed | $162,000 | -- |
Source: Bright MLS
MLS Number: MDBA2180520
APN: 0197-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
- 1411 W Fayette St
- 1434 W Baltimore St
- 1500 W Baltimore St
- 1412 W Baltimore St
- 105 S Gilmor St
- 1317 W Fayette St Unit 3B
- 1601 Frederick Ave
- 1310 W Lexington St
- 1622 W Baltimore St
- 19 S Stricker St
- 1611 Frederick Ave
- 16 S Gilmor St
- 5 S Carey St
- 1635 W Lexington St
- 13 S Carey St
- 35 S Calhoun St
- 307 N Stricker St
- 1402 W Saratoga St
- 313 N Stricker St
- 1722 W Baltimore St
- 1436 W Baltimore St Unit 2
- 1531 W Fairmount Ave Unit 1
- 1413 W Baltimore St Unit 3
- 1413 W Baltimore St Unit 7
- 1413 W Baltimore St Unit 6
- 1512 Penrose Ave
- 1308 W Lexington St Unit 3R
- 1308 W Lexington St Unit 1
- 22 S Carey St
- 226 N Carey St Unit 4(3)
- 1227 W Saratoga St
- 308 N Gilmor St
- 335 N Stricker St
- 1242 W Lombard St
- 15 S Carrollton Ave
- 112 S Calhoun St
- 1232 W Lombard St
- 1232 W Lombard St
- 1232 W Lombard St
- 1232 W Lombard St