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Brick Triplex with Separate Entrances
For Sale
$310,000

517 MOSHER Street, Baltimore, MD 21217

Multi-Family, BALTIMORE, MD

Property Size1,989 SF
Price / SF$155.86
Days on Market229

Property Features for 517 MOSHER Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
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
Size 1,989 SF

Taxes and HOA fees

Tax Annual Amount 500

Building Details

Year built 1920
Number of units 3
Building materials Brick
Listing Agency: EXP Realty, LLC
Listed By: Jason A Jutila · License #607356
Added: Feb 20 Changed: Sep 5 Last Checked: Oct 7 at 12:06PM
MLS# MDBA2199694

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 contains 1,989 square feet and was built in 1920. The property includes three residential units, each with its own entrance, full kitchen, and full bathroom. A basement is also present, and parking is provided on the street.

All three units are currently rented, with a property management company already in place. The property is in Baltimore City, near major commuter routes, public transportation, downtown Baltimore, and local amenities.

Key Highlights

  • Three‑unit triplex with 1,989 square feet
  • Separate entrances for each unit
  • Full kitchen and bathroom in every unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,913
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260 $518.3K
Cap Rate 7%
$370,186 $370.2K
Cap Rate 9%
$287,922 $287.9K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$50.1K $25.20/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$47.1K $23.69/SF
− OpEx
−$21.2K −$10.66/SF
NOI
$25.9K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260
Cap Rate 7%
$370,186
Cap Rate 9%
$287,922

Alternative Uses

Best Use
Multifamily LT 5
$417.3K
$365.1K – $486.8K (±1% cap)
NOI $29,209 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$370.2K
$323.9K – $431.9K (±1% cap)
NOI $25,913 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$476.5K
$417.0K – $555.9K (±1% cap)
NOI $33,356 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Clothing & Fashion Store

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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,150
Businesses Nearby

Demographics for 21217, MD

30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three individually accessed residences include full kitchens, bathrooms, and living areas.
Where is this triplex located?
The property is located at 517 MOSHER Street Baltimore, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Three‑unit triplex with 1,989 square feet; Separate entrances for each unit; Full kitchen and bathroom in every unit
More about this property
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