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Barclay Multifamily Investment Opportunity
For Sale
Contact for pricing
Pending

112 E 20th St, Baltimore, MD 21218

Three-unit multifamily property in Baltimore's Barclay neighborhood.

Property Size2,322 SF
Days on Market174

Property Features for 112 E 20th St

General Information

Standard status Pending
Size 2,322 SF
Property subtype Multifamily
Zoning R8
Occupancy 100%
Investment Type Value Add

Building Details

Year Built 1890
Buildings 1
Stories 3
Units 3
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Jul 24 at 2:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Frederick Realty

Investment Insights

Based on property information with market context.

Located in the Barclay neighborhood of Central Baltimore, 112 East 20th Street is a three-unit multifamily property. The building features two two-bedroom apartments and one one-bedroom apartment. The units have plaster walls and ceilings, with a mix of wood and vinyl flooring in living areas. Kitchens are equipped with wood cabinetry; two units have laminate countertops, and one has a porcelain sink top. Gas ranges vary by unit. Bathrooms include cast-iron tubs and ceramic tile or vinyl surrounds. The property is heated by a Trane gas-fired furnace, and a central gas-fired 40-gallon water heater supplies domestic hot water. The building has four electric meters and three gas meters and is separately metered. Observable supply and drain lines are steel. The property is located approximately five blocks north of Penn Station, offering walkable access to MARC and Amtrak rail service. Its proximity to Johns Hopkins University, I-83, and downtown Baltimore supports sustained rental demand. Strategic improvements, including kitchen and bath updates, may position renovated units to achieve higher rents, subject to market conditions. The property is suitable for residential income purposes.

Key Highlights

  • High potential return on investment: 9.10% cap rate and 11.4% projected cash‑on‑cash return at market rents.
  • Located in the Barclay neighborhood, a centrally positioned historic area of Baltimore.
  • Walkable access to Penn Station (MARC and Amtrak) for convenient commuting.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Store Carpet & Flooring Store Pet Store & Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,956
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit multifamily property in Baltimore's Barclay neighborhood.
Where is this triplex located?
The property is located at 112 E 20th St Baltimore, MD.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: High potential return on investment: 9.10% cap rate and 11.4% projected cash‑on‑cash return at market rents.; Located in the Barclay neighborhood, a centrally positioned historic area of Baltimore.; Walkable access to Penn Station (MARC and Amtrak) for convenient commuting.
(410) 235-9500 Call to check price and availability
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