622 E 33rd St Baltimore, MD 21218
Waverly NeighborhoodEstimated payment $2,891/month
Total Views
4,431
--
Bed
--
Bath
2,714
Sq Ft
$177
Price per Sq Ft
About This Home
Investor & House Hacker Alert — Now Just $480,000!
Appraised at $570,000 – Instant Equity + Cash Flow
622 E 33rd Street | Baltimore, MD 21218
Back on the market with a major price improvement, this fully renovated, turn-key 4-unit multi-family in the heart of Waverly is your opportunity to cash flow from Day 1. Minutes from Johns Hopkins University, Morgan State, Lake Montebello, and Downtown Baltimore, this property offers prime location, strong rental demand, and long-term upside.
Each spacious unit features modern kitchens, updated baths, separate gas & electric meters, and updated mechanicals — ideal for long-term tenants or short-term rental opportunities. The finished lower-level apartment includes a private entrance, perfect for an owner-occupant, in-law suite, or Airbnb potential.
Property Highlights:
4 Fully Renovated Units – Mix of 1BR & 2BR Layouts
Appraised at $570K – $90K in Built-In Equity
New Roof, Windows, HVAC, Plumbing, & Electrical
Separate Utilities – Ideal for Easy Management
FHA-Eligible! Live in 1 Unit, Rent the Others
Just 1 Rented Unit Covers the Mortgage
One Unit Currently Rented – Income in Place
Convenient to Shopping, Transit, and Major Employers
Whether you’re a first-time buyer using FHA financing or a seasoned investor looking for high ROI, this is a wealth-building opportunity in one of Baltimore’s most accessible neighborhoods.
Sale subject to 3rd party approval.
Inspections welcome for informational purposes only.
Property sold as-is – seller will make no repairs.
Showings by appointment via sentrilock. Don't wait – deals like this don’t last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,552
Year Built
- Built in 1915 | Remodeled in 2023
Lot Details
- 2,714 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Kitchen
- Stove
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
Schools
- Waverly Elementary-Middle School
- Waverly Middle School
- Baltimore City College High School
Utilities
- Central Air
- Radiator
- Electric Water Heater
Additional Features
- Basement
Community Details
- 4 Units
- Waverly Subdivision
Listing and Financial Details
- Tax Lot 012
- Assessor Parcel Number 0309024053 012
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 | $4,081 | $185,400 | $30,000 | $155,400 |
| 2024 | $4,081 | $173,767 | $0 | $0 |
| 2023 | $3,826 | $162,133 | $0 | $0 |
| 2022 | $3,552 | $150,500 | $30,000 | $120,500 |
| 2021 | $3,519 | $149,100 | $0 | $0 |
| 2020 | $3,486 | $147,700 | $0 | $0 |
| 2019 | $3,436 | $146,300 | $30,000 | $116,300 |
| 2018 | $3,410 | $144,500 | $0 | $0 |
| 2017 | $3,368 | $142,700 | $0 | $0 |
| 2016 | $3,085 | $140,900 | $0 | $0 |
| 2015 | $3,085 | $133,933 | $0 | $0 |
| 2014 | $3,085 | $126,967 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $480,000 | -3.8% | $177 / Sq Ft |
| 06/21/2025 06/21/25 | Price Changed | $499,000 | -5.7% | $184 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $529,000 | +88.9% | $195 / Sq Ft |
| 07/28/2023 07/28/23 | Sold | $280,000 | -5.1% | $153 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 05/22/2023 05/22/23 | For Sale | $295,000 | -- | $162 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,350 | Commerce Title | |
| Assignment Deed | $280,000 | None Listed On Document | |
| Assignment Deed | $230,000 | Castle Title | |
| Assignment Deed | -- | Castle Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $421,500 | New Conventional | |
| Previous Owner | $294,000 | Credit Line Revolving | |
| Previous Owner | $337,000 | Construction |
Source: Public Records
Similar Homes in Baltimore, MD
Source: Bright MLS
MLS Number: MDBA2164416
APN: 4053-012
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