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All-Brick Triplex Investment
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113 W 22nd St, Baltimore, MD 21218

Fully occupied all-brick triplex with three 1-bedroom apartments, separately metered gas and electric, plus tenant-paid water.

Property SizeContact for details
Days on Market123

Property Features for 113 W 22nd St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 8.97%
Multifamily Units 3

Building Details

Construction all-brick
Tenancy Multi
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:16PM

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 fully occupied, all-brick triplex features three 1-bedroom apartments. The units are leased to tenants on yearly leases. Tenants pay water, and each unit is separately metered for both gas and electric, supporting straightforward utility management.

Located at 113 W 22nd St in the Charles North area of Baltimore, the property is positioned just north of Penn Station and is described as having high walk, bike, and transit scores.

The building offers a simple, repeatable layout across three independently metered units, making it well-suited for an investor seeking residential income from a small, multi-unit asset.

Key Highlights

  • Fully occupied all‑brick triplex with 3 one‑bedroom apartments
  • All units are leased on yearly leases to stable tenants
  • Tenants pay water; utilities are separately metered for gas and electric

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Butcher Pet Store Electrical Service Clothing & Fashion Store Pet Store & 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.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,856
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 - Fully occupied all-brick triplex with three 1-bedroom apartments, separately metered gas and electric, plus tenant-paid water.
Where is this triplex located?
The property is located at 113 W 22nd St Baltimore, MD.
What are key features of this property?
This property features: Fully occupied all‑brick triplex with 3 one‑bedroom apartments; All units are leased on yearly leases to stable tenants; Tenants pay water; utilities are separately metered for gas and electric
(410) 235-9500 Call to check price and availability
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