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Brick Triplex with Renovation Opportunity
For Sale
$125,000

347 S SMALLWOOD Street, Baltimore, MD 21223

Multi-Family, BALTIMORE, MD

Property SizeContact for details
Lot Size0.03 Acres
Days on Market182

Property Features for 347 S SMALLWOOD Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 1056

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Legacy · Keller Williams Realty
Listed By: Austin J Carroll · License #660906
Added: Mar 10 Changed: Aug 19 Last Checked: Sep 7 at 4:06PM
MLS# MDBA2205596

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick triplex, built in 1900, contains three residential units with a varied configuration. The first unit is an occupied studio apartment with a long-term tenant. A vacant main-level apartment provides one bedroom, while the top-floor residence offers three bedrooms and one bathroom and requires cosmetic renovation. The property includes forced-air heating and central air conditioning.

Set on a 0.026-acre lot at 347 S Smallwood Street in Baltimore, the property is located in the Carrollton Ridge area. Parking is available on the street. The combination of an existing tenant, two vacant units, and a defined renovation need provides a clear view of the current layout and improvement scope.

Key Highlights

  • Three‑unit brick residential property built in 1900
  • Unit mix includes a studio, a 1‑bedroom apartment, and a 3‑bedroom, 1‑bathroom apartment
  • One studio has a long‑term tenant; the other two units are vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Cafe & Coffee Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,226
Businesses Nearby

Demographics for 21223, MD

20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with one occupied studio and two vacant apartments in Baltimore’s Carrollton Ridge.
Where is this triplex located?
The property is located at 347 S SMALLWOOD Street Baltimore, MD.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three‑unit brick residential property built in 1900; Unit mix includes a studio, a 1‑bedroom apartment, and a 3‑bedroom, 1‑bathroom apartment; One studio has a long‑term tenant; the other two units are vacant
More about this property
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