$510,000
SOLD APR 12, 2021
-- Bed
-- Bath
3,240 Sq Ft
1,920 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

3% Above List Price

Highlights

  • 0.04 Acre Lot
  • No HOA
  • 4-minute walk to Margaret Brent Playground
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of September 2025

Listed and sold simultaneously. Featuring updated plumbing, electric, windows, and HVAC, this building offers worry-free maintenance and appeals to modern tenants!

2645 N Charles contains 2 spacious two-bedroom apartments in the 2nd and 3rd floors; and 1 three-bedroom apartment in the 1st floor and basement. Each unit has its own electric heat pump with air conditioning, water heater, and in-suite laundry. Kitchens and bathrooms have been modernized. This building is Lead-Free Limited!

Just 3 blocks south of Johns Hopkins University Homewood Campus, and only a block from the Hopkins Shuttle Stop at 27th & Saint Paul. Tenants also enjoy an easy walk to nearby Wyman Park Dell and the Charles Village Shopping District. 2645 N Charles earns a the designation “Walker’s Paradise”, with a WalkScore of 93. Find out more about Charles Village here: Why Charles Village is Great for Investment Properties in Baltimore

With modern mechanicals and turn-key apartments, this investment provides a low-risk, no-headache opportunity to own Charles Village real estate! New investors and seasoned veterans alike can appreciate the new windows, updated HVAC, and the billing convenience of separated electric meters. Between the location, the modern finishes, and available parking, the appeal to top-notch tenants will keep vacancies low.

Also available as a package deal with 2647 N Charles, for a total of 7 apartments!

Investment Summary:
$495,000
$165,000 Per Unit
$153 Per Sq. Ft.
9.0 Times Market Rent (GRM)
8.14% Cap Rate
13.7% Projected Cash-on-Cash Return

Last Agent to Sell the Property

Tom Fair

(410) 235-5200 tom@benfrederick.com Ben Frederick Realty, Inc. Listed on: 04/12/2021

Last Buyer's Agent

Rashad Henderson

(646) 299-2941 rashad@nickelblue.com Samson Properties License #0225238819

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 1900

Lot Details

  • 1,920 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 3,240 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number 0312033840 014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,325

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Listed and sold simultaneously. Featuring updated plumbing, electric, windows, and HVAC, this building offers worry-free maintenance and appeals to modern tenants! 2645 N Charles contains 2 spacious two-bedroom apartments in the 2nd and 3rd floors; and 1 three-bedroom apartment in the 1st floor and basement. Each unit has its own electric heat pump with air conditioning, water heater, and in-suite laundry. Kitchens and bathrooms have been modernized. This building is Lead-Free Limited! Just 3 blocks south of Johns Hopkins University Homewood Campus, and only a block from the Hopkins Shuttle Stop at 27th & Saint Paul. Tenants also enjoy an easy walk to nearby Wyman Park Dell and the Charles Village Shopping District. 2645 N Charles earns a the designation “Walker’s Paradise”, with a WalkScore of 93. Find out more about Charles Village here: Why Charles Village is Great for Investment Properties in Baltimore With modern mechanicals and turn-key apartments, this investment provides a low-risk, no-headache opportunity to own Charles Village real estate! New investors and seasoned veterans alike can appreciate the new windows, updated HVAC, and the billing convenience of separated electric meters. Between the location, the modern finishes, and available parking, the appeal to top-notch tenants will keep vacancies low. Also available as a package deal with 2647 N Charles, for a total of 7 apartments! Investment Summary: $495,000 $165,000 Per Unit $153 Per Sq. Ft. 9.0 Times Market Rent (GRM) 8.14% Cap Rate 13.7% Projected Cash-on-Cash Return
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 3240
  • Living Area Sq Ft: 3240
  • Price Per Sq Ft: 152.78
  • Above Grade Finished Sq Ft: 3240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2645

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 68100.00
  • Land Assessed Value: 115200.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1920.00
  • Year Assessed: 2021
  • Zoning: OR-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12951763
  • Tax Annual Amount: 4325.00
  • Assessor Parcel Number: 0312033840 014
  • Tax Lot: 014
  • Tax Total Finished Sq Ft: 3240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/12/2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 9, 2021
Sold by
Agbu Patrick A and Agbu Rita I
Bought by
Elle Jean Jules N and Elle Hortense M
Seller's Agent
Tom Fair
Ben Frederick Realty, Inc.
Buyer's Agent
Rashad Henderson
Samson Properties
List Price
$495,000
Sold Price
$510,000
Premium/Discount to List
$15,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$510,000
Interest Rate
2.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $510,000 Lakeside Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Sold $617,000 +2.8% $190 / Sq Ft
08/06/2025 08/06/25 For Sale $600,000 +17.6% $185 / Sq Ft
04/12/2021 04/12/21 Sold $510,000 +3.0% $157 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $495,000 -- $153 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $9,363 $506,300 $115,200 $391,100
2024 $9,363 $398,633 $0 $0
2023 $6,867 $290,967 $0 $0
2022 $4,326 $183,300 $115,200 $68,100
2021 $4,326 $183,300 $115,200 $68,100
2020 $4,326 $183,300 $115,200 $68,100
2019 $5,557 $236,600 $115,200 $121,400
2018 $5,584 $236,600 $115,200 $121,400
2017 $5,834 $247,200 $0 $0
2016 $5,732 $247,200 $0 $0
2015 $5,732 $245,800 $0 $0
2014 $5,732 $244,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA546772

Bright MLS

APN: 3840-014