18 W Franklin St Baltimore, MD 21201
Downtown Baltimore NeighborhoodEstimated payment $7,137/month
Highlights
- Carriage House
- Central Air
- 2-minute walk to Washington Monument and Mount Vernon Place
- 2 Car Attached Garage
- Radiator
About This Home
Exceptional investment opportunity in the heart of Mount Vernon. This fully occupied, six-unit, mixed-use building generates over 119k in annual income and features long-term tenants who wish to stay.
Ideally located in one of Baltimore's most historic and vibrant neighborhoods, the property combines five residential and one commercial space, offering strong cash flow and stability. The building has been thoughtfully updated adding modern finishes while keeping its historic integrity. 18 W Franklin St. features 3 residential units and 1 commercial unit. Fully leased, with great tenants. 7 W Hamilton St. features an amazing 3 bedroom loft apartment with garage and a very cute 1 bedroom courtyard apartment, both leased to amazing tenants. Additional highlights include a beautiful courtyards, classic Mount Vernon charm, and close proximity to restaurants, shops, and public transportation. Roof and gutters were replaced in 2016. A perfect turnkey investment in a premier city location! Call LA to make your viewing appointment today.
Listing Agent
(240) 645-8175 fjdrealestate@gmail.com Samson Properties License #522150 Listed on: 11/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,939
Year Built
- Built in 1820
Lot Details
- 4,356 Sq Ft Lot
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Home Design
- 10,966 Sq Ft Home
- Carriage House
- Federal Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Architectural Shingle Roof
- Concrete Perimeter Foundation
Utilities
- Central Air
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 4 Units
- Income includes apartment rentals, professional offices
Listing and Financial Details
- Assessor Parcel Number 0311100551004
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 | $15,939 | $690,300 | $185,800 | $504,500 |
| 2024 | $15,939 | $675,400 | $0 | $0 |
| 2023 | $15,588 | $660,500 | $0 | $0 |
| 2022 | $15,236 | $645,600 | $185,800 | $459,800 |
| 2021 | $14,807 | $627,433 | $0 | $0 |
| 2020 | $14,379 | $609,267 | $0 | $0 |
| 2019 | $13,883 | $591,100 | $185,800 | $405,300 |
| 2018 | $13,828 | $585,933 | $0 | $0 |
| 2017 | $13,706 | $580,767 | $0 | $0 |
| 2016 | $13,589 | $575,600 | $0 | $0 |
| 2015 | $13,589 | $574,967 | $0 | $0 |
| 2014 | $13,589 | $574,333 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | For Sale | $1,100,000 | +80.3% | $100 / Sq Ft | |
| 06/15/2015 06/15/15 | Sold | $610,000 | -6.0% | $64 / Sq Ft | View Prior Sale |
| 05/03/2015 05/03/15 | Pending | -- | -- | -- | |
| 02/12/2015 02/12/15 | For Sale | $649,000 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $610,000 | Definitive Title Llc | |
| Deed | $675,000 | -- |
Source: Bright MLS
MLS Number: MDBA2193404
APN: 0551-004
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