Renovated 4-Unit Apartment
For Sale
Contact for pricing
1602 Cypress Street, Baltimore, MD 21226
Four recently renovated apartments feature in-unit stacked washer/dryer, tenant-paid utilities, and off-street parking.
Days on Market100
Property Features for 1602 Cypress Street
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multifamily
Occupancy
75%
Additional Details
Cap Rate
9.34%
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
Ben Frederick Realty
(410) 235-9500
Listed By:
Will Cannon · License #MD
Source:
Crexi
Added: Apr 24
Changed: Jul 20
Last Checked: Jul 23 at 10:51AM
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.
This Curtis Bay 4-unit apartment building includes four apartments that have been thoughtfully renovated with updated finishes for today’s renters. Each unit features quartz counters, wood cabinets, and stainless-steel appliances, including refrigerators, 30" electric ranges, garbage disposals, and built-in microwaves. Bathrooms include modern vanities, steel tubs, and ceramic-tile surrounds, and one apartment is fully ADA-compliant with a roll-under sink, barrier-free shower with grab bars, and an exterior ramp for wheelchair access. Interior updates include drywall walls and ceilings, vinyl plank flooring in living areas and kitchens, and ceramic tile in baths. Each apartment also has its own stacked washer and dryer.
The building is operated with separately metered electric service, with five electric meters total—one per apartment plus a public service meter—supporting tenant-paid electricity. The landlord bills tenants back for public service electric and City water. Building systems include four 2023 electric heat pumps for heating and central air conditioning and four 2023 electric water heaters.
Three off-street parking spaces add convenience for tenants. The property at 1602 Cypress is Limited Lead-Free. Three of four apartments are rented at $1,300–$1,400 per month. The location provides close reach to the Port of Baltimore, Amazon distribution centers, and Tradepoint Atlantic.
The building is operated with separately metered electric service, with five electric meters total—one per apartment plus a public service meter—supporting tenant-paid electricity. The landlord bills tenants back for public service electric and City water. Building systems include four 2023 electric heat pumps for heating and central air conditioning and four 2023 electric water heaters.
Three off-street parking spaces add convenience for tenants. The property at 1602 Cypress is Limited Lead-Free. Three of four apartments are rented at $1,300–$1,400 per month. The location provides close reach to the Port of Baltimore, Amazon distribution centers, and Tradepoint Atlantic.
Key Highlights
- 4‑unit Curtis Bay apartment building with four recently renovated apartments
- Each unit has a stacked washer/dryer and updated vinyl plank flooring and ceramic‑tile bathrooms
- Kitchens feature quartz counters, wood cabinets, and stainless‑steel appliances including refrigerators and built‑in microwaves
Property Analytics
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 21226, MD
7,368
Population
3,093
Households
2.4
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
752
Density / Sq Mi
$79,712
Median Household Income
$52,750
Median Earnings
$1,338
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four recently renovated apartments feature in-unit stacked washer/dryer, tenant-paid utilities, and off-street parking.
Where is this quadplex located?
The property is located at 1602 Cypress Street Baltimore, MD.
What are key features of this property?
This property features: 4‑unit Curtis Bay apartment building with four recently renovated apartments; Each unit has a stacked washer/dryer and updated vinyl plank flooring and ceramic‑tile bathrooms; Kitchens feature quartz counters, wood cabinets, and stainless‑steel appliances including refrigerators and built‑in microwaves