2304 Eutaw Place Baltimore, MD 21217
Reservoir Hill NeighborhoodEstimated payment $7,020/month
Total Views
6,460
--
Bed
--
Bath
6,702
Sq Ft
$164
Price per Sq Ft
Highlights
- Popular Property
- Central Air
- Historic Home
- Traditional Architecture
- Electric Baseboard Heater
- 3-minute walk to Madison and Whitelock Park
About This Home
2304 Eutaw Place is a legally zoned, five-unit multifamily property located in the historic and architecturally significant Reservoir Hill neighborhood of Baltimore. Built in 1907, the property has been extensively updated over the past five years and is fully occupied with current, paying tenants, making it an excellent turnkey investment opportunity.
Each of the five residential units features modern finishes including hardwood flooring, updated kitchens with stainless steel appliances, in-unit washers and dryers, and high ceilings with generous natural light. The unit mix includes one 3-bedroom, two 2-bedroom/1-bath units, and two 2-bedroom/2-bath units. All utilities are separately metered for gas and electric; tenants are responsible for their own utility costs, while the owner pays for water. Off-street parking is available in the rear of the building for tenant use.
Recent improvements include a full roof replacement completed approximately two years ago and ongoing interior and systems upgrades throughout the building. With a current gross monthly rental income of $7,245 (or $86,940 annually), this property offers strong in-place cash flow with upside potential in one of Baltimore’s most enduringly popular neighborhoods.
Located just steps from Druid Hill Park, MICA, Bolton Hill, and with easy access to I-83 and public transit, 2304 Eutaw Place is ideally positioned for sustained rental demand and tenant retention.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,197
Year Built
- Built in 1907 | Remodeled in 2021
Lot Details
- 5,000 Sq Ft Lot
- Historic Home
Home Design
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- 4 Units
- 4-Story Building
- Reservoir Hill Subdivision
Listing and Financial Details
- Tax Lot 023A
- Assessor Parcel Number 0313083424 023A
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 | $14,404 | $750,000 | $69,000 | $681,000 |
| 2024 | $14,404 | $613,267 | $0 | $0 |
| 2023 | $13,036 | $555,000 | $50,000 | $505,000 |
| 2022 | $13,098 | $555,000 | $50,000 | $505,000 |
| 2021 | $9,205 | $390,033 | $0 | $0 |
| 2020 | $8,299 | $351,667 | $0 | $0 |
| 2019 | $7,359 | $313,300 | $50,000 | $263,300 |
| 2018 | $7,118 | $301,600 | $0 | $0 |
| 2017 | $6,842 | $289,900 | $0 | $0 |
| 2016 | $3,721 | $278,200 | $0 | $0 |
| 2015 | $3,721 | $237,833 | $0 | $0 |
| 2014 | $3,721 | $197,467 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $1,049,999 | -4.5% | $157 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $1,099,999 | 0.0% | $164 / Sq Ft |
| 03/12/2022 03/12/22 | Rented | $1,200 | 0.0% | -- |
| 02/08/2022 02/08/22 | Under Contract | -- | -- | -- |
| 01/31/2022 01/31/22 | For Rent | $1,200 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | First American Title | |
| Deed | $555,000 | Universal Title | |
| Deed | $300,000 | Cotton Duck Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $583,000 | New Conventional | |
| Previous Owner | $375,000 | Commercial | |
| Previous Owner | $988,000 | Unknown |
Source: Public Records
Similar Homes in Baltimore, MD
Source: Bright MLS
MLS Number: MDBA2170516
APN: 3424-023A
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