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60-Unit Apartment Building
For Sale
Contact for pricing
Pending

1312 Guilford Ave, Baltimore, MD 21202

Converted former firehouse with elevator, fitness center, courtyard, laundry facilities, and on-site parking.

Property SizeContact for details
Days on Market563

Property Features for 1312 Guilford Ave

General Information

Standard status Pending
Total Parking Spaces 30
Elevators Yes
Property subtype Multifamily

Units

Unit Mix 42 x 1BR/1BA, 18 x 2BR
Multifamily Units 60

Additional Details

Public Transit Yes

Amenities

laundry facilities
fitness center
courtyard
elevator
on-site parking

Building Details

Year Built 1910
Year Renovated 2007
Stories 4
Units 60
Listing Agency: Harbor Stone Advisors
Listed By: Justin Verner · License #MD 630799
Source: Crexi
Added: Feb 18, 2025 Changed: Aug 31 Last Checked: Aug 30 at 3:39PM

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 Harbor Stone Advisors

Investment Insights

Based on property information with market context.

This 60-unit apartment property occupies a former firehouse that was converted to residential use in 2007. The unit mix includes 42 one-bedroom, one-bath residences and 18 two-bedroom residences. Building amenities include an elevator, fitness center, courtyard, laundry facilities, and on-site parking. Typical interiors offer white appliances, wood cabinetry, Formica countertops, and a mix of carpet, hardwood, and tile flooring, with some units equipped with in-unit washer and dryers.

The property received new mechanical systems during the conversion, while select residences have since been refreshed with stainless steel appliances, resurfaced countertops, and painted cabinets. The building is a five-minute walk from the University of Baltimore and less than a half mile from Penn Station. It is located at 1312 Guilford Ave, Baltimore, MD 21202, and was originally built in 1910. Fifty-two percent of the units were placed in service under the Section 42 Low Income Housing Tax Credit program.

Key Highlights

  • 60 units with 42 one‑bedroom, one‑bath units and 18 two‑bedroom units
  • Former firehouse converted to apartments in 2007
  • 52% of units placed in service under the Section 42 LIHTC program

Property Analytics

Current Use

Printers Square Apartments Apartment Building BCI Management Property Management Company I Need That ... (Bike/Boat/Book/etc) Store The Art Of Alex (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service Tanning Salon

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

60
Residential units

Location Intelligence

Trade Area within ½ mile

4,243
Businesses Nearby

Demographics for 21202, MD

22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
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 - Converted former firehouse with elevator, fitness center, courtyard, laundry facilities, and on-site parking.
Where is this apartment building located?
The property is located at 1312 Guilford Ave Baltimore, MD.
What are key features of this property?
This property features: 60 units with 42 one‑bedroom, one‑bath units and 18 two‑bedroom units; Former firehouse converted to apartments in 2007; 52% of units placed in service under the Section 42 LIHTC program
More about this property
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