For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mount Vernon Multi-Family Investment Title is generated by Realmo AI

    1113 N CALVERT Street, Baltimore, MD 21202

    View on Map
    Claim this Listing
    For Sale
    $899,998

    MULTI_FAMILY - Other - BALTIMORE, MD

    Property size:
    4,915 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $183/SF
    Added:
    Mar 26, 2025
    Days on Market:
    449
    Last Refresh:
    Jun 17 at 1:06 am

    Property Features for 1113 N CALVERT Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Driveway, Off Street
    Interior features
    Kitchen - Efficiency, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
    Appliances
    Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Washer
    Standard status
    Active
    Size
    4,915 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    15449

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Rashad Henderson

    Listing agent Rashad Henderson License #674430

    Listing office Samson Properties 6710 Oxon Hill Road unit: 460, Chantilly, MD

    Listing date Mar 26, 2025

    MLS# MDBA2161560 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

    • Prime location in historic Mount Vernon, Baltimore, within walking distance of Penn Station, UB, MICA, Peabody Institute, restaurants, parks, and public transit.
    • Strong rental income potential with existing monthly rents ranging from $1,400 to $1,800 per unit.
    • Each unit features 2 bedrooms and 2 bathrooms, wood flooring, central A/C, and an in‑unit washer/dryer.
    • Rare and valuable private parking available.
    • Well‑maintained, partially occupied four‑unit multi‑family property.
    • Convenient access to major transit hubs for commuting within and beyond the city.

    Overview

    Located in the heart of historic Mount Vernon in Baltimore, this partially occupied four-unit multi-family property presents an investment opportunity with rental income potential. Each unit features two bedrooms and two bathrooms, wood flooring, central A/C, and an in-unit washer/dryer. Open living/dining areas create a welcoming atmosphere. Private parking is included. The property is within walking distance of Penn Station, UB, MICA, Peabody Institute, restaurants, parks, and public transit. The location provides accessibility for tenants, with access to major transit hubs for commuting within the city and beyond. The property size is 4915 square feet, situated on a lot of approximately 0.0618 acres.

    Local 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 $109.1k $22.20
    − Vacancy −$6.0k −$1.22
    EGI $103.1k $20.98
    − OpEx −$30.9k −$6.29
    NOI $72.2k $14.69
    4,915 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.03M
    $902.2K – $1.20M (±1% cap)
    NOI $72,178 @ 7.0% cap · market cap 8.02%
    Second Best
    Apartment 5plus
    $914.8K
    $800.4K – $1.07M (±1% cap)
    NOI $64,035 @ 7.0% cap · market cap 7.12%
    Theoretical Best
    Office A
    $1.18M
    $1.03M – $1.37M (±1% cap)
    NOI $82,425 @ 7.0% cap · market cap 9.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.61287
    Latitude
    39.30298

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Baltimore's historic Mount Vernon neighborhood.
    Where is this quadplex located?
    The property is located at 1113 N CALVERT Street Baltimore, MD.
    What is the asking price?
    The asking price for this property is $899,998.
    What are key features of this property?
    This property features: Prime location in historic Mount Vernon, Baltimore, within walking distance of Penn Station, UB, MICA, Peabody Institute, restaurants, parks, and public transit.; Strong rental income potential with existing monthly rents ranging from $1,400 to $1,800 per unit.; Each unit features 2 bedrooms and 2 bathrooms, wood flooring, central A/C, and an in‑unit washer/dryer.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message