1433 W Lombard St Baltimore, MD 21223
Union Square NeighborhoodEstimated payment $3,138/month
Total Views
5,077
--
Bed
--
Bath
3,510
Sq Ft
$132
Price per Sq Ft
About This Home
With Units 1 and 2 currently on month-to-month leases, 1433 W Lombard Street offers a flexible path for an owner-occupant. Unit 1, located on the first floor, is a two-bedroom apartment with in-unit laundry—ideal for private use while generating income from the remaining three units. 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.
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
Map
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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 | $3,644 | $321,533 | -- | -- |
| 2024 | $3,644 | $306,867 | $0 | $0 |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 | $271,600 | Commercial | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $195,504 | Commercial | |
| Previous Owner | $220,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $210,000 | Purchase Money Mortgage | |
| Previous Owner | $52,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Baltimore, MD
Source: Bright MLS
MLS Number: MDBA2174196
APN: 0247-014
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