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    1815 Saint Paul St Baltimore, MD 21202

    Under Contract
    For Sale
    $465,000

    MULTI_FAMILY - Federal - BALTIMORE, MD

    Property size:
    2,758 SF
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1815 Saint Paul St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking
    2
    Parking features
    Off Street, Driveway
    Interior features
    Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Kitchen - Galley, Kitchenette, Upgraded Countertops
    Appliances
    Built-In Range, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Dryer, Built-In Microwave
    Size
    2,758 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1890
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Federal

    Cummings & Co. Realtors (410) 675-1550 [email protected]

    Listing agent Jamie L Koehler (443) 604-5875 License #640791

    Listing date Nov 10, 2025

    MLS# MDBA2156512 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

    Baltimore Multifamily Investment Opportunity

    Located in the Station North neighborhood of Baltimore City, this zoned five-unit property at 1815 Saint Paul St presents a house hacking opportunity. The end-unit building contains 2,758 finished square feet and includes a studio apartment, three 1-bedroom apartments, and one 2-bedroom apartment. There is also a 2-car parking pad. Three units are currently occupied, generating $2,539 in combined rent and utility reimbursements. The two vacant units include a 2-bedroom unit estimated to generate $1,400 per month (including $150 in utility reimbursement) and a 1-bedroom unit estimated to generate $1,075 per month (including $75 in utility reimbursement). The parking pad is estimated to generate an additional $150 per month ($75 per spot). Fully rented, the property could command $5,164 monthly. The property features written leases, lead certificates, and a 5-unit rental license. There are five gas meters (one for each unit) and six electric meters (one for each unit and one for the common area). Residents are responsible for their own BGE accounts. The owner pays the water bill, with some residents paying a fee towards that bill as stated in their leases. The property is located 1.8 miles from the Inner Harbor. There is a Special Benefits Tax in this neighborhood; the current cost for the year for this property is $427.63, which covers additional safety and sanitization efforts for the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -76.61455
    Latitude
    39.3103

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Station North neighborhood with income potential.
    Where is this apartment building located?
    The property is located at 1815 Saint Paul St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - House hacking opportunity: Live in one unit and offset mortgage with income from the other four.; - Potential for $5,164 monthly income when fully rented, including parking pad.; - Turnkey property with three occupied units generating $2,539 in combined rent and utility reimbursements.
    (443) 604-5875
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    Baltimore, MD 21202
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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
    1815 Saint Paul St Baltimore, MD 21202
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