510 E 41st St Baltimore, MD 21218
Pen Lucy NeighborhoodEstimated payment $1,317/month
Highlights
- Very Popular Property
- Victorian Architecture
- Double Pane Windows
- Wood Flooring
- Porch
- 2-minute walk to Mullan Park
About This Home
3 unit multi-family property located in the Pen Lucy neighborhood. All units are currently vacant.
Apartment 1 is a 2BR/1BA that was previously rented for $1200/month. Apartment 2 is a 1BR/1BA that was previously rented for $750/month. Apartment 3 is a 1BR/1BA that was previously rented for $950/month. Total rental income was $2900/month when fully occupied. Landlord had been paying water/sewer and lawncare .
After renovating each unit, we believe the rental income could be around $3500/month.
Each unit has a lead certificate and property's rental license is current. Property had water in the basement due to a sump pump that was not functional, but has been repaired. Pipes had also froze in January/February and busted in a few places leading to water leaks in several places. Not all plumbing has been repaired. It is not certain if the basement furnace is functional, but we believe the baseboard heat in each unit is functional. The photos are not how it is currently presented as the units are now vacant. Cash or a renovation loan would be necessary. Seller is selling the property As-Is.
This charming Victorian is in close proximity to Morgan State University, Johns Hopkins University, Penn Station and nearby hospitals (Good Samaritan and Union Memorial)!
Listing Agent
(443) 286-2943 steve.pipich@gmail.com VYBE Realty License #RSR004005 Listed on: 10/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 5,875 Sq Ft Lot
- Property is in average condition
Parking
- On-Street Parking
Home Design
- Triplex
- Victorian Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Double Pane Windows
Kitchen
- Kitchen in Efficiency Studio
- Stove
- Range Hood
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Vented Exhaust Fan
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Porch
Listing and Financial Details
- Assessor Parcel Number 0309013900 006
Community Details
Overview
- 3 Units
- Pen Lucy Subdivision
Building Details
- 3 Vacant Units
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 | $4,684 | $205,300 | $30,000 | $175,300 |
| 2024 | $4,684 | $199,433 | $0 | $0 |
| 2023 | $4,568 | $193,567 | $0 | $0 |
| 2022 | $4,430 | $187,700 | $30,000 | $157,700 |
| 2021 | $3,861 | $163,600 | $0 | $0 |
| 2020 | $3,292 | $139,500 | $0 | $0 |
| 2019 | $2,710 | $115,400 | $30,000 | $85,400 |
| 2018 | $2,723 | $115,400 | $30,000 | $85,400 |
| 2017 | $2,723 | $115,400 | $0 | $0 |
| 2016 | $2,348 | $115,400 | $0 | $0 |
| 2015 | $2,348 | $114,900 | $0 | $0 |
| 2014 | $2,348 | $114,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $174,900 | -10.3% | $90 / Sq Ft | |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- | |
| 07/09/2025 07/09/25 | For Sale | $195,000 | 0.0% | $101 / Sq Ft | |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- | |
| 03/04/2025 03/04/25 | For Sale | $195,000 | 0.0% | $101 / Sq Ft | |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- | |
| 12/29/2024 12/29/24 | For Sale | $195,000 | 0.0% | $101 / Sq Ft | |
| 08/28/2024 08/28/24 | Off Market | $195,000 | -- | -- | |
| 07/15/2024 07/15/24 | Price Changed | $195,000 | -7.1% | $101 / Sq Ft | |
| 06/03/2024 06/03/24 | Price Changed | $210,000 | -6.7% | $109 / Sq Ft | |
| 04/02/2024 04/02/24 | Price Changed | $225,000 | -6.3% | $116 / Sq Ft | |
| 02/24/2024 02/24/24 | For Sale | $240,000 | +14.8% | $124 / Sq Ft | |
| 10/04/2019 10/04/19 | Sold | $209,000 | 0.0% | $108 / Sq Ft | View Prior Sale |
| 09/05/2019 09/05/19 | Pending | -- | -- | -- | |
| 08/25/2019 08/25/19 | For Sale | $209,000 | +287.0% | $108 / Sq Ft | |
| 04/15/2015 04/15/15 | Sold | $54,000 | -14.1% | $28 / Sq Ft | View Prior Sale |
| 03/07/2015 03/07/15 | Pending | -- | -- | -- | |
| 02/28/2015 02/28/15 | Price Changed | $62,900 | -1.6% | $33 / Sq Ft | |
| 02/25/2015 02/25/15 | Price Changed | $63,900 | -1.5% | $33 / Sq Ft | |
| 02/10/2015 02/10/15 | Price Changed | $64,900 | -0.9% | $34 / Sq Ft | |
| 02/03/2015 02/03/15 | Price Changed | $65,500 | -0.8% | $34 / Sq Ft | |
| 01/27/2015 01/27/15 | Price Changed | $66,000 | -1.5% | $34 / Sq Ft | |
| 01/16/2015 01/16/15 | Price Changed | $67,000 | -3.6% | $35 / Sq Ft | |
| 01/05/2015 01/05/15 | Price Changed | $69,500 | -3.2% | $36 / Sq Ft | |
| 12/21/2014 12/21/14 | Price Changed | $71,800 | -1.5% | $37 / Sq Ft | |
| 12/16/2014 12/16/14 | Price Changed | $72,900 | -1.2% | $38 / Sq Ft | |
| 12/12/2014 12/12/14 | Price Changed | $73,800 | -1.5% | $38 / Sq Ft | |
| 12/02/2014 12/02/14 | Price Changed | $74,900 | -1.3% | $39 / Sq Ft | |
| 11/26/2014 11/26/14 | Price Changed | $75,900 | -1.4% | $39 / Sq Ft | |
| 11/18/2014 11/18/14 | Price Changed | $77,000 | -1.3% | $40 / Sq Ft | |
| 11/06/2014 11/06/14 | Price Changed | $78,000 | 0.0% | $40 / Sq Ft | |
| 11/06/2014 11/06/14 | For Sale | $78,000 | -1.3% | $40 / Sq Ft | |
| 10/30/2014 10/30/14 | Pending | -- | -- | -- | |
| 10/25/2014 10/25/14 | Price Changed | $79,000 | -3.7% | $41 / Sq Ft | |
| 10/16/2014 10/16/14 | Price Changed | $82,000 | -3.0% | $42 / Sq Ft | |
| 10/08/2014 10/08/14 | Price Changed | $84,500 | -2.6% | $44 / Sq Ft | |
| 09/29/2014 09/29/14 | Price Changed | $86,800 | -1.3% | $45 / Sq Ft | |
| 09/25/2014 09/25/14 | Price Changed | $87,900 | -1.2% | $45 / Sq Ft | |
| 09/14/2014 09/14/14 | Price Changed | $89,000 | -8.4% | $46 / Sq Ft | |
| 08/18/2014 08/18/14 | Price Changed | $97,129 | -0.9% | $50 / Sq Ft | |
| 07/28/2014 07/28/14 | Price Changed | $98,000 | -1.0% | $51 / Sq Ft | |
| 07/14/2014 07/14/14 | Price Changed | $99,000 | -5.7% | $51 / Sq Ft | |
| 06/27/2014 06/27/14 | For Sale | $105,000 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $209,000 | First American Title Ins | |
| Deed | $54,000 | Commercial Title Company Llc | |
| Deed | $53,000 | -- |
Source: Bright MLS
MLS Number: MDBA2186038
APN: 3900-006
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