Turnkey Live-Work Mixed-Use
422 S HIGHLAND Avenue S, Baltimore, MD 21224
MULTI_FAMILY - Federal - BALTIMORE, MD
Property size:
3,596 SFLot size:
0.04 AcresPrice / SF:
$162/SF- Added:
- Jun 2, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 422 S HIGHLAND Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking features
- On Street
- Interior features
- Combination Kitchen/Dining, Floor Plan - Open
- Standard status
- Active
- Size
- 3,596 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4073
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Brick Front, Concrete
- Architectural style
- Federal
Listing agent David Tomasko License #649159 (443) 850-1014
Listing office Guerilla Realty LLC 30 E Susquehanna Avenue, BALTIMORE, MD (443) 841-5916
Listing date Jun 2, 2026
MLS# MDBA2217766
Listing URL
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.
HighLights
- Turnkey live/work mixed‑use property in Baltimore’s Highlandtown Arts District with 2,600+ SF of commercial/gallery and residential space
- Two extensive renovation phases: gallery/commercial updates plus comprehensive residence redesign, including renovated brickwork, doors, and windows
- Commercial and residential portions separated in 2021 with two‑hour fire‑rated walls, ceilings, and doors
- 2021 exterior upgrades include a new roof and gutters, plus outdoor security cameras and a secure exterior hydrant; rear alley access
- Building has three separate BGE meters for the commercial, residential, and egress/common areas
- 2025‑2026 mechanical upgrades: high‑efficiency heat pump (heating and cooling) and a gas‑powered Bosch tankless water heater
Overview
This turnkey mixed-use live-work property combines a professionally designed gallery/workspace level with a fully renovated residence above. The exterior features a restored brick facade with updated doors and windows, including a restored second-floor center window, along with a new roof and gutters installed in 2021. Interior separation between commercial and residential areas includes two-hour fire-rated walls, ceilings, and doors, supporting safe, flexible operation. The gallery level is built for display and day-to-day professionalism, with skylights, gallery and recessed lighting, safety exit signage, and additional first-floor amenities including a private office, security room, utility closet with stainless steel utility sink, and half bath plus a handicap-compliant bathroom. The property also includes a partial basement for additional utility and storage, and a crawl space with installed vapor barriers. Three separate BGE meters serve the commercial, residential, and egress/common areas.
Located in Baltimore’s Highlandtown Arts District, the property offers a secure, practical exterior setup including outdoor security cameras, a secure exterior hydrant, and a clean rear alley for convenient access.
Designed for buyers who want one building to support both client-facing work and elevated living, this configuration fits creatives, consultants, and small professional users seeking a ready-to-operate gallery/workspace and an updated residential suite. Recent mechanical upgrades include a high-efficiency heat pump and a gas-powered Bosch tankless water heater, supporting comfortable, modern performance throughout the property.
Located in Baltimore’s Highlandtown Arts District, the property offers a secure, practical exterior setup including outdoor security cameras, a secure exterior hydrant, and a clean rear alley for convenient access.
Designed for buyers who want one building to support both client-facing work and elevated living, this configuration fits creatives, consultants, and small professional users seeking a ready-to-operate gallery/workspace and an updated residential suite. Recent mechanical upgrades include a high-efficiency heat pump and a gas-powered Bosch tankless water heater, supporting comfortable, modern performance throughout the property.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $21.96 |
| − Vacancy | −$13.6k | −$3.78 |
| EGI | $65.4k | $18.18 |
| − OpEx | −$16.3k | −$4.55 |
| NOI | $49.0k | $13.64 |
3,596 SF · lease $21.96/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$700.6K
$613.0K – $817.3K
NOI $49,039 @ 7.0% cap · market cap 8.38%
Second Best
Mixed Use
$624.2K
$546.1K – $728.2K
NOI $43,691 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$861.5K
$753.8K – $1.01M
NOI $60,305 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.56932
- Latitude
- 39.28697
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Renovated gallery-level workspace and updated residence deliver turnkey flexibility with independent utility metering.
Where is this live-work space located?
The property is located at 422 S HIGHLAND Avenue S Baltimore, MD.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Turnkey live/work mixed‑use property in Baltimore’s Highlandtown Arts District with 2,600+ SF of commercial/gallery and residential space; Two extensive renovation phases: gallery/commercial updates plus comprehensive residence redesign, including renovated brickwork, doors, and windows; Commercial and residential portions separated in 2021 with two‑hour fire‑rated walls, ceilings, and doors
