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    124 S Broadway Baltimore, MD 21231

    Sponsored
    For Sale
    $575,000

    MULTI_FAMILY - Other - BALTIMORE, MD

    Property size:
    2,654 SF
    Days on Market:
    49
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 124 S Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Dining Room
    Parking features
    Assigned, On Street, Offsite, Special Needs, Parking Lot
    Interior features
    Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Efficiency, Studio, Upgraded Countertops, Wood Floors
    Appliances
    Built-In Microwave, Dishwasher, Refrigerator, Oven - Single, Stove, WaterHeater
    Size
    2,654 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Samson Properties (703) 378-8810 [email protected]

    Listing agent Ronni D Cannady (443) 542-2251 License #670005

    Listing date Nov 18, 2025

    MLS# MDBA2157838 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

    Upper Fells Point Quadplex Investment

    Located in Upper Fells Point, this is a fully leased quadplex spanning over 2,600 square feet, presenting an exceptional investment opportunity. The property has the potential to build three additional units, expanding to a total of seven. The building consists of three above-grade levels, featuring a multi-level one-bedroom, one-bathroom unit and three studio apartments, all accessible via a common area. The income-generating property features hardwood floors, granite countertops, and shaker-style white cabinetry. The building also features a historic brick facade. A fenced-in rear yard with a patio provides private outdoor space. Each unit is separately metered. Major improvements include a new roof and steel doors and frames installed in 2014. Current rental income for the studios ranges from $1,000 to $1,120, and the one-bedroom unit rents for $1,249. The property is located minutes from the waterfront, dining spots, Johns Hopkins Hospital, and Patterson Park. Rent roll, lead certificates, and rental licenses are available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.59421
    Latitude
    39.28961

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    FAQs

    What type of property is this?
    Quadplex - Fully leased quadplex with expansion potential in Upper Fells Point.
    Where is this quadplex located?
    The property is located at 124 S Broadway Baltimore, MD.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Fully leased quadplex offering immediate income.; - Potential to build three additional units, expanding to a seven-unit property.; - Prime Upper Fells Point location, near waterfront, dining, Johns Hopkins Hospital, and Patterson Park.
    (443) 301-4972
    Request Owner's contact information
    124 S Broadway Baltimore, MD 21231
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    Baltimore, MD 21231
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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
    124 S Broadway Baltimore, MD 21231
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