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Duplex with Private Parking
For Sale
$475,000

1300 WILLIAM Street, Baltimore, MD 21230

Multi-Family, BALTIMORE, MD

Property Size2,028 SF
Lot Size0.14 Acres
Price / SF$234.22
Days on Market11

Property Features for 1300 WILLIAM Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Driveway, Off Street
Interior features 2nd Kitchen, Ceiling Fan(s), Combination Kitchen/Living
Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher
Subdivision FEDERAL HILL HISTORIC DISTRICT
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active
Size 2,028 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 8956

Utilities

Heating system Forced Air
Cooling system Ductless, Ceiling Fan(s), Window Unit(s)

Building Details

Year built 1880
Number of units 2
Building materials Brick
Architectural style Colonial
Listing Agency: Monument Sotheby's International Realty
Listed By: Chevelle M Welsh · License #624419
Added: Sep 25 Last Checked: Oct 5 at 10:06PM
MLS# MDBA2232650

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.

Investment Insights

Based on property information with market context.

This 1880 brick duplex has two apartments within 2,028 square feet on a 0.14-acre lot. Each unit includes a full kitchen. The property also has separate meters, two water heaters, and a basement. Included appliances are a stove, refrigerator, washer, dryer, and dishwasher; heating is forced air, with ductless and window-unit cooling and ceiling fans. A private parking area behind the house accommodates three cars.

The home is in Baltimore’s Federal Hill neighborhood, with restaurants, bars, shops, parks, the Inner Harbor, and the city’s stadiums described as accessible on foot. The property is offered for sale, with the seller preferring an as-is sale.

Key Highlights

  • Two apartments, each with a full kitchen
  • 2,028 square feet on a 0.14‑acre lot
  • Three‑car off‑street parking behind the house

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,782
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640 $595.6K
Cap Rate 7%
$425,457 $425.5K
Cap Rate 9%
$330,911 $330.9K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$45.0K $22.20/SF
− Vacancy
−$2.5K −$1.22/SF
EGI
$42.5K $20.98/SF
− OpEx
−$12.8K −$6.29/SF
NOI
$29.8K $14.69/SF
Area
Baltimore, MD
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640
Cap Rate 7%
$425,457
Cap Rate 9%
$330,911

Alternative Uses

Best Use
Multifamily LT 5
$425.5K
$372.3K – $496.4K (±1% cap)
NOI $29,782 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K (±1% cap)
NOI $26,422 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$485.9K
$425.1K – $566.8K (±1% cap)
NOI $34,010 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Supermarket Kitchen & Bath Showroom Clothing & Fashion Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,957
Businesses Nearby

Demographics for 21230, MD

36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Each apartment has its own full kitchen, with separate meters serving the property.
Where is this duplex located?
The property is located at 1300 WILLIAM Street Baltimore, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two apartments, each with a full kitchen; 2,028 square feet on a 0.14‑acre lot; Three‑car off‑street parking behind the house
More about this property
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