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    215 E Preston St Baltimore, MD 21202

    For Sale
    $599,900

    MULTI_FAMILY - Federal - BALTIMORE, MD

    Property size:
    3,150 SF
    Lot size:
    0.03 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 215 E Preston St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Driveway
    Size
    3,150 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Federal

    RE/MAX Advantage Realty (410) 740-1200 [email protected]

    Listing agent Photi Mavroulis (443) 691-6590 License #649607

    Listing date Nov 1, 2025

    MLS# MDBA2168700 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

    This fully permitted three-unit multifamily building presents an investor opportunity in Baltimore, Maryland. Located near Penn Station, the University of Baltimore, and the Mount Vernon & Belvedere areas, the property is in excellent condition. Updates include central A/C, renovated kitchens and bathrooms, freshly painted interiors, and exposed brick. A front-door intercom system is installed. Tenants have access to a shared laundry room in the basement. The property includes a two-car parking pad. The basement is currently unfinished but offers space and potential to create a fourth unit. The property is 3,150 square feet and sits on a 0.03-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.61232
    Latitude
    39.30441

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    FAQs

    What type of property is this?
    Triplex - Three-unit building near Penn Station with parking and updated features.
    Where is this triplex located?
    The property is located at 215 E Preston St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime location near Penn Station, University of Baltimore, Mount Vernon & Belvedere.; - Fully permitted 3-unit multifamily building in excellent condition.; - Valuable two-car parking pad.
    (443) 691-6590
    Request Owner's contact information
    215 E Preston St Baltimore, MD 21202
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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
    215 E Preston St Baltimore, MD 21202
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