
215 E Preston St Baltimore, MD 21202
Mid-Town Belvedere NeighborhoodEstimated payment $4,026/month
Highlights
- Federal Architecture
- Multi-Tank Hot Water Heater
- Walk-Up Access
- Forced Air Heating and Cooling System
About This Home
Investor Opportunity in Prime Location! This fully permitted 3-unit multifamily building is a rare gem in one of Baltimore’s most desirable neighborhoods—just steps from Penn Station, the University of Baltimore, and all the charm Mount Vernon & Belvedere have to offer. The property is in excellent condition with a long list of updates including central A/C, stylishly renovated kitchens and bathrooms, freshly painted interiors, exposed brick for added character, and a fully functional front-door intercom system. Tenants enjoy a shared laundry room in the basement, and the building includes a valuable two-car parking pad—a true bonus in the city. The basement is currently unfinished but offers ample space and potential to create a fourth unit. With high rental demand and unbeatable walkability, this property makes tenant placement a breeze. Whether you're a seasoned investor or just starting out, don’t miss your chance to own a solid income-producing property in a top-tier location! Property includes a 2.25% assumable loan
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,397
Year Built
- Built in 1900
Lot Details
- 1,500 Sq Ft Lot
- Ground Rent of $120 per year
Parking
- Driveway
Home Design
- 3,150 Sq Ft Home
- Triplex
- Federal Architecture
- Brick Exterior Construction
- Brick Foundation
Unfinished Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Multi-Tank Hot Water Heater
- Public Septic
Community Details
- 3 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 024
- Assessor Parcel Number 0311010486 024
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 | $9,352 | $489,900 | $82,500 | $407,400 |
2024 | $9,352 | $398,167 | $0 | $0 |
2023 | $7,232 | $306,433 | $0 | $0 |
2022 | $5,067 | $214,700 | $82,500 | $132,200 |
2021 | $4,914 | $208,233 | $0 | $0 |
2020 | $4,762 | $201,767 | $0 | $0 |
2019 | $4,587 | $195,300 | $82,500 | $112,800 |
2018 | $4,540 | $192,367 | $0 | $0 |
2017 | $4,471 | $189,433 | $0 | $0 |
2016 | $4,325 | $186,500 | $0 | $0 |
2015 | $4,325 | $185,200 | $0 | $0 |
2014 | $4,325 | $183,900 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/11/2025 06/11/25 | Price Changed | $599,900 | -0.8% | $190 / Sq Ft |
05/19/2025 05/19/25 | For Sale | $604,900 | +195.1% | $192 / Sq Ft |
01/30/2013 01/30/13 | Sold | $205,000 | -18.0% | $65 / Sq Ft |
12/19/2012 12/19/12 | Pending | -- | -- | -- |
10/05/2012 10/05/12 | For Sale | $249,900 | -- | $79 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Assignment Deed | $500,000 | Certified Title Corp | |
Deed | $70,500 | Residential Title & Escrow C | |
Deed | $124,900 | -- | |
Deed | $14,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $441,715 | VA |
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Source: Bright MLS
MLS Number: MDBA2168700

APN: 0486-024
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