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Two 3-Story Apartment Buildings
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18 S Broadway, Baltimore, MD 21231

Two 3-story buildings totaling 11 apartments, with separate electric meters and tenant-paid hot water.

Property SizeContact for details
Days on Market138

Property Features for 18 S Broadway

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 11

Building Details

Year Built 1920
Stories 3
Listing Agency: Ashland Auction Group
Listed By: Adam Shpritz · License #528655
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:02AM

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 Ashland Auction Group

Investment Insights

Based on property information with market context.

Offered as two separate 3-story apartment buildings totaling 11 units, featuring a mix of studio, one-bedroom, and two-bedroom apartments. Each unit has its own separate electric meter and separate hot water heater; tenants pay electricity and hot water, while the owner pays water/sewer. The properties have 4 apartments at 18 S Broadway and 7 apartments at 20 S Broadway. Photos are of the vacant units, and the property is currently listed as rented.

The buildings are located in Fells Point and are described as being within a short distance of John Hopkins Hospital, Patterson Park, Fells Point, City Springs Park, Little Italy, Downtown Baltimore, and Canton. Access is described as easy to major traffic arteries Pratt St & Lombard St.

Year built is 1920, and the lot size is listed as 36-6 x 112. Title is fee simple and sold free and clear of all liens. Real estate taxes for 2022–2023 are listed as $9,999.00. Auction-related documents and rental documentation are referenced in the provided materials, and purchasers are responsible for independently verifying zoning, permits, licenses, and usage.

Key Highlights

  • 11‑unit rental across two 3‑story apartment buildings at 18 S Broadway (4 units) and 20 S Broadway (7 units)
  • Tenant‑paid utilities: each unit has separate electric meters and separate hot water heaters; owner pays water/sewer
  • Scheduled rents total $57,720/yr; scheduled monthly rent listed at $4,810/mo

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Pet Store & Service Tanning Salon Pet Store Acupuncture

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

7,869
Businesses Nearby

Demographics for 21231, MD

17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
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?
Apartment building - Two 3-story buildings totaling 11 apartments, with separate electric meters and tenant-paid hot water.
Where is this apartment building located?
The property is located at 18 S Broadway Baltimore, MD.
What are key features of this property?
This property features: 11‑unit rental across two 3‑story apartment buildings at 18 S Broadway (4 units) and 20 S Broadway (7 units); Tenant‑paid utilities: each unit has separate electric meters and separate hot water heaters; owner pays water/sewer; Scheduled rents total $57,720/yr; scheduled monthly rent listed at $4,810/mo
(410) 488-3124 Call to check price and availability
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