Renovated 3-Unit
New
For Sale
$475,000
1340 N MOUNT Street, Baltimore, MD 21217
Multi-Family, BALTIMORE, MD
Property Size2,800 SF
Lot Size0.04 Acres
Price / SF$169.64
Days on Market1
Property Features for 1340 N MOUNT Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Dining Room, Basement
Parking features
On Street
Interior features
Combination Dining/Living
Appliances
Built-In Microwave, Disposal, Dryer, Icemaker, Refrigerator, Washer - Front Loading, WaterHeater
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
2,800 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3501
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
washer and dryer
Building Details
Year built
1900
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
Taylor Properties
(301) 970-2447
Listed By:
Nadine N Vassell · License #650258
(800) 590-0925
Added: Oct 8
Last Checked: Oct 8 at 6:06AM
MLS# MDBA2232032
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 brick triplex contains 2,800 square feet across three apartments: two with two bedrooms and one bathroom each, and a third with three bedrooms and one bathroom. The 2025 renovation included a new roof, electrical and plumbing work, and HVAC systems. Each apartment has its own washer and dryer, and central air and forced-air heat serve the building. The property was built in 1900 and sits on a 0.0386-acre lot.
All three units are occupied. Tenants pay their own utilities, and professional property management is in place. On-street parking is available.
All three units are occupied. Tenants pay their own utilities, and professional property management is in place. On-street parking is available.
Key Highlights
- Three occupied apartments: two 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit
- 2025 renovation included a new roof, electrical, plumbing, and HVAC systems
- 2,800 square feet on a 0.0386‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,119
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,380
$822.4K
Cap Rate 7%
$587,414
$587.4K
Cap Rate 9%
$456,878
$456.9K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$62.2K $22.20/SF
− Vacancy
−$3.4K −$1.22/SF
EGI
$58.7K $20.98/SF
− OpEx
−$17.6K −$6.29/SF
NOI
$41.1K $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%
$822,380
Cap Rate 7%
$587,414
Cap Rate 9%
$456,878
Alternative Uses
Best Use
Multifamily LT 5
$587.4K
$514.0K – $685.3K
NOI $41,119 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$670.8K
$587.0K – $782.6K
NOI $46,956 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Explore this area
Business Placement
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are occupied, with in-unit laundry and updated building systems.
Where is this triplex located?
The property is located at 1340 N MOUNT 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: Three occupied apartments: two 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit; 2025 renovation included a new roof, electrical, plumbing, and HVAC systems; 2,800 square feet on a 0.0386‑acre lot
