Triplex with In-Unit
For Sale
$299,000
811 GORSUCH Avenue, Baltimore, MD 21218
MULTI_FAMILY - Craftsman - BALTIMORE, MD
Property Size2,000 SF
Lot Size0.09 Acres
Price / SF$149.50
Days on Market48
Property Features for 811 GORSUCH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Subdivision
GOVANS
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
2,000 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5334
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1920
Number of units
1
Building materials
Frame
Architectural style
Craftsman
Listing Agency:
RLAH @properties
(301) 652-0643
Listed By:
Sara Jane Frank · License #5009910
(240) 577-8917
Added: Jun 15
Last Checked: Aug 1 at 1:06PM
MLS# MDBA2219654
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.
Welcome to 811 Gorsuch Avenue, a well-maintained triplex featuring three one-bedroom, one-bathroom units. The property includes upgraded finishes and in-unit washer/dryers in each unit. Utilities are separately metered, and the current configuration supports both residential living and straightforward rental operations. Two units are occupied by long-term tenants, while the third unit is vacant and ready for an owner-occupant or new tenant. Rental licenses and lead-free certificates are in place for all three units.
The property is located in the Govans neighborhood of Baltimore. It is positioned between Johns Hopkins University and Johns Hopkins East Campus, and the area offers nearby retail and everyday conveniences. According to the listing remarks, you can walk to 32nd Street Farmers Market and Waverly Ace Hardware, with additional local shops and restaurants within the surrounding neighborhood. For nearby access beyond the walkable area, Charles Village is described as less than two minutes by car.
This triplex is a practical fit for buyers seeking a residential income property with unit-level laundry and separately metered utilities. It also offers flexibility for owner-occupancy, with one unit currently available, while maintaining two long-term tenancies. With rental licenses and lead-free certificates already in place across all three units, the property is positioned to support a turn-key approach to occupancy management.
The property is located in the Govans neighborhood of Baltimore. It is positioned between Johns Hopkins University and Johns Hopkins East Campus, and the area offers nearby retail and everyday conveniences. According to the listing remarks, you can walk to 32nd Street Farmers Market and Waverly Ace Hardware, with additional local shops and restaurants within the surrounding neighborhood. For nearby access beyond the walkable area, Charles Village is described as less than two minutes by car.
This triplex is a practical fit for buyers seeking a residential income property with unit-level laundry and separately metered utilities. It also offers flexibility for owner-occupancy, with one unit currently available, while maintaining two long-term tenancies. With rental licenses and lead-free certificates already in place across all three units, the property is positioned to support a turn-key approach to occupancy management.
Key Highlights
- Triplex at 811 Gorsuch Avenue with Craftsman architectural style and frame construction, built in 1920
- Three one‑bedroom, one‑bathroom units (2 occupied long‑term tenants; 1 vacant and ready)
- In‑unit washer/dryers in the units
Financial Insights For Multifamily LT 5
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 | $39.6k | $19.80 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $37.2k | $18.58 |
| − OpEx | −$11.1k | −$5.57 |
| NOI | $26.0k | $13.00 |
2,000 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.6K
$325.1K – $433.5K
NOI $26,010 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$331.5K
$290.0K – $386.7K
NOI $23,203 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$543.8K
$475.8K – $634.4K
NOI $38,064 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
66.7%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 21218, MD
46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered one-bedroom units, each with in-unit washer/dryer, suited for owner-occupancy or rental.
Where is this triplex located?
The property is located at 811 GORSUCH Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Triplex at 811 Gorsuch Avenue with Craftsman architectural style and frame construction, built in 1920; Three one‑bedroom, one‑bathroom units (2 occupied long‑term tenants; 1 vacant and ready); In‑unit washer/dryers in the units
