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Mixed-Use Building with Retail
New
For Sale
$219,900

501 CUMBERLAND STREET, Baltimore, MD 21217

Residential space is positioned above street-level retail in a two-story upper-floor configuration.

Property Size4,096 SF
Price / SF$73.30
Days on Market2

Property Features for 501 CUMBERLAND STREET

General Information

Standard status Active
Size 4,096 SF
Property subtype Mixed Use

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $920

Building Details

Building Size 4,096 SF
Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: Own Real Estate
Listed By: Yana Blackwell · License #668316
Source: Thehulsmangroup
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 4:41AM

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 Own Real Estate

Investment Insights

Based on property information with market context.

Built in 1920, this 3,000-square-foot mixed-use building combines four residential units with two commercial spaces. The one-bedroom, one-bath residences occupy the upper two stories, while the retail areas are located at street level, creating a clear separation between residential and commercial functions.

The property is at 501 Cumberland Street in Baltimore, near Penn Station Metro and other transit connections. Its setting also places the building near dining, entertainment, and employment centers. The configuration supports multiple occupancy types within a single commercial asset, with residential accommodations above and storefront space below.

Key Highlights

  • 3,000‑square‑foot mixed‑use building at 501 Cumberland Street
  • Four one‑bedroom, one‑bath residential units
  • Two street‑level retail spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store HVAC 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,389
Businesses Nearby

Demographics for 21217, MD

30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
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?
Mixed-use property - Residential space is positioned above street-level retail in a two-story upper-floor configuration.
Where is this mixed-use property located?
The property is located at 501 CUMBERLAND STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use building at 501 Cumberland Street; Four one‑bedroom, one‑bath residential units; Two street‑level retail spaces
More about this property
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