$445,000
PENDING

Estimated payment $2,890/month

Total Views 8,807
Studio
-- Bath
3,510 Sq Ft
$127 Price per Sq Ft

About This Home

With Unit 3 now vacant, 1433 W Lombard Street offers a flexible path for an owner-occupant. The property is just steps from Union Square Park and close to the University of Maryland Medical Center, Biotech Park, and graduate schools, making it a practical choice for those seeking both affordability and convenience in a central location. Gut Renovated in 2013: Modernized systems reduce maintenance costs and simplify management for investors. Opportunity to Increase Cash Flow by 20%– Organically increase income by implementing market rents. Lead-Free Limited: Minimizes owner liability and paperwork requirements during turnovers.
Apartment Interiors:
1433 West Lombard includes four apartments: one two-bedroom unit and three one-bedroom units. Kitchens have 30′′ electric ranges, built-in microwaves, laminate counters, and wood cabinetry. Bathrooms consist of three with steel tubs and ceramic tile surrounds, and one with a ceramic shower stall; all bathrooms have modern vanities. Flooring in kitchens and baths is ceramic tile; living spaces have a mix of laminate and carpet. Apartment 1A has in-unit laundry and a small rear deck; the other units use coin-operated laundry in the common area. Utilities:
This all-electric building was renovated in 2013 and is separately metered, with five electric meters in place. Each apartment has an electric heat pump with central air and an electric 40-gallon water heater. The building features a copper water main, CPVC interior supply lines, and PVC drain lines. What’s Great About Historic Union Square?
Union Square is located in Baltimore’s Central Southwest neighborhood, less than a mile from Camden Yards. The property is one building away from the corner, directly across from Union Square Park—a rare and established public green space in the city. The location offers excellent walk and transit scores and is less than half a mile from Mount Clare Junction’s full-service grocery store. It’s also in close proximity to Shock Trauma, the University of Maryland Medical Center, the UMB Biotech Park, and graduate schools for medicine, nursing, law, pharmacy, and social work—supporting strong demand from students and professionals alike. I-95 and I-295 are both less than 1.5 miles away, and BWI Airport is approximately a 20-minute drive.

Listing Agent

Will Cannon

(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc. Brokerage Phone: 4102359500 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1880

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 20' x 150'
  • Ground Rent of $82 expires in 99 years

Home Design

  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Rubber Roof

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number 0319120247 014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,242

Year Built

Built in 1880

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Ground Rent
  • Exclusions: Tenant's possessions excluded.
  • Inclusions: 4 30" ranges; 4 microwaves, 4 refrigerators, 2 clothes washers, 2 clothes dryers
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Block
  • Total Sq Ft: 4110
  • Living Area Sq Ft: 3510
  • Price Per Sq Ft: 126.78
  • Above Grade Finished Sq Ft: 3510
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 20' x 150'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: R-8
  • Zoning Description: Licensed for 4 Dwelling Units.
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Amt: 82.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Ground Rent Years Remaining: 99
  • Total Actual Rent: 57828.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7242.00
  • Assessor Parcel Number: 0319120247 014
  • Tax Lot: 014
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,644 $321,533 -- --
2024 $3,644 $306,867 -- --
2023 $3,300 $292,200 $60,000 $232,200
2022 $2,584 $261,233 $0 $0
2021 $5,434 $230,267 $0 $0
2020 $1,122 $199,300 $60,000 $139,300
2019 $1,118 $199,300 $60,000 $139,300
2018 $1,122 $199,300 $60,000 $139,300
2017 $1,616 $220,200 $0 $0
2016 $4,952 $167,100 $0 $0
2015 $4,952 $114,000 $0 $0
2014 $4,952 $60,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2026 01/05/26 Pending -- -- --
12/08/2025 12/08/25 Price Changed $445,000 -4.3% $127 / Sq Ft
10/29/2025 10/29/25 For Sale $465,000 0.0% $132 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $465,000 +9.4% $132 / Sq Ft
01/12/2022 01/12/22 Sold $425,000 -2.3% $121 / Sq Ft View Prior Sale
09/28/2021 09/28/21 For Sale $435,000 +2.4% $124 / Sq Ft
09/21/2021 09/21/21 Off Market $425,000 -- --
09/20/2021 09/20/21 For Sale $435,000 0.0% $124 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/19/2021 07/19/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $435,000 +35.9% $124 / Sq Ft
03/18/2019 03/18/19 Sold $320,000 0.0% $91 / Sq Ft View Prior Sale
03/18/2019 03/18/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $320,000 +432.4% $91 / Sq Ft
11/27/2012 11/27/12 Sold $60,100 +9.5% $17 / Sq Ft View Prior Sale
03/16/2012 03/16/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $54,900 -- $16 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Assignment Deed -- Clear Title
Deed $320,000 Db Title Llc
Special Warranty Deed $60,100 New World Title Company Llc
Deed -- None Available
Deed $140,250 --
Trustee Deed $140,250 None Available
Deed $262,500 --
Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,750 New Conventional
Previous Owner $240,000 Commercial
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $52,500 Purchase Money Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: MDBA2174196

Bright MLS

APN: 0247-014

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