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    1027 N Caroline St Baltimore, MD 21205

    New
    Under Contract
    For Sale
    $340,000

    MULTI_FAMILY - Federal - BALTIMORE, MD

    Lot size:
    0.03 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1027 N Caroline St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking features
    On Street
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Federal

    KLR Real Estate Inc. (410) 653-2500 [email protected]

    Listing agent Kimberly R Orange (410) 653-2500 License #502957

    Listing date Dec 2, 2025

    MLS# MDBA2178866 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Multifamily Near Johns Hopkins

    This income-producing 3-unit multifamily property presents a turnkey opportunity. The property features three 2-bedroom apartments, each separately metered. The potential monthly income is $3,300 or more. Situated just blocks from Johns Hopkins Hospital, the property is located in a high-growth corridor benefiting from the $1B+ East Baltimore Development Initiative (EBDI), which includes new townhomes, commercial projects, green spaces, and streetscape improvements. The location is walkable to transit, schools, and medical campuses. This property offers a great opportunity for buy-and-hold investors or owner-occupants looking to live in one unit and rent out the others. The lot size is 0.03 acres and is located in Baltimore, MD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.59757
    Latitude
    39.30246

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    FAQs

    What type of property is this?
    Triplex - Turnkey 3-unit property near Johns Hopkins Hospital.
    Where is this triplex located?
    The property is located at 1027 N Caroline St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing 3-unit multifamily property.; - Potential monthly income of $3,300 or more.; - Located blocks from Johns Hopkins Hospital in a high-growth area.
    (410) 653-2500
    Request Owner's contact information
    1027 N Caroline St Baltimore, MD 21205
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    Baltimore, MD 21205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1027 N Caroline St Baltimore, MD 21205
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