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Gutted 6-Unit Building Near University
For Sale
$425,000

109 E 33RD Street, Baltimore, MD 21218

MULTI_FAMILY - Other - BALTIMORE, MD

Days on Market117

Property Features for 109 E 33RD Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 2
Parking features Off Street, Garage - Detached, 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

Taxes and HOA fees

Tax Annual Amount 6600

Utilities

Heating system Other (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1921
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Legacy · Keller Williams Realty
Listed By: Mark D Simone · License #35186
Added: Apr 7 Changed: Jul 2 Last Checked: Aug 1 at 5:06PM
MLS# MDBA2208428

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 gutted 6-unit building is located one block from the new Johns Hopkins University Student Center. The property is positioned to serve the demand for student housing, faculty residences, or multi-family rentals. The building has been completely gutted, providing a clean slate to customize each unit. Approved for two 3-bedroom and two 4-bedroom units, the property offers potential for rental income in a high-demand market. The Johns Hopkins University area has a consistently high demand for housing, ensuring rental prospects or potential for sale. The building's layout and zoning offer flexibility for various development projects, whether residential or mixed-use. It is located in a rapidly developing area of Baltimore, with access to campus, restaurants, shops, and public transportation.

Key Highlights

  • 6‑unit brick building built in 1921 in Baltimore
  • Completely gutted interior, ready for full renovation and redesign
  • Located about one block from the Johns Hopkins University Student Center

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,284
Businesses Nearby

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

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?
Apartment building - Investment opportunity near Johns Hopkins University. Ready for renovation.
Where is this apartment building located?
The property is located at 109 E 33RD Street Baltimore, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 6‑unit brick building built in 1921 in Baltimore; Completely gutted interior, ready for full renovation and redesign; Located about one block from the Johns Hopkins University Student Center
More about this property
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