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    Four-Unit Multifamily with Storage Garages Title is generated by Realmo AI

    1436 LIGHT Street, Baltimore, MD 21230

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    For Sale
    $563,000

    MULTI_FAMILY - Contemporary - BALTIMORE, MD

    Property size:
    2,220 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $253/SF
    Added:
    Feb 12, 2026
    Days on Market:
    117
    Last Refresh:
    Jun 9 at 12:06 am

    Property Features for 1436 LIGHT Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    2,220 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9527

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1920
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Contemporary

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    Listing Contact
    Josh Velte
    Josh Velte

    Listing agent Josh Velte License #661436

    Listing office Cummings & Co. Realtors 5950 Symphony Woods Road unit: 210, Baltimore, MD

    Listing date Feb 12, 2026

    MLS# MDBA2202836 Listing URL

    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.

    HighLights

    • Fully occupied 4‑unit investment property
    • Brick construction with Year Built 1920
    • Additional 6 individual storage (non‑vehicle) garage units
    • On‑street parking plus a nearby parking garage
    • Convenient to Federal Hill and Riverside Park; public transportation nearby
    • Can be purchased together with 1434 Light St

    Overview

    1436 Light St presents a contemporary four-unit multifamily building with two levels of independent units configured for residential income. In addition to the four units, the property includes six individual non-vehicle storage garage units, providing separate space beyond the main living areas.

    The property is described as being in a highly desirable renter area, just minutes from Federal Hill and Riverside Park. Public transportation is nearby, and convenient parking is available directly outside the property as well as via a nearby parking garage. The immediate surroundings include local bars and restaurants.

    This offering may appeal to investors or operators seeking a mixed residential and storage setup within a fully occupied configuration. The presence of on-site, separately assigned non-vehicle storage garage units can support tenants who need additional space, while the four-unit multifamily structure provides multiple income streams within a single property. The listing also notes that 1436 Light St can be purchased together with 1434 Light St.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $49.3k $22.20
    − Vacancy −$2.7k −$1.22
    EGI $46.6k $20.98
    − OpEx −$14.0k −$6.29
    NOI $32.6k $14.69
    2,220 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $465.7K
    $407.5K – $543.4K (±1% cap)
    NOI $32,601 @ 7.0% cap · market cap 5.79%
    Second Best
    Apartment 5plus
    $413.2K
    $361.5K – $482.1K (±1% cap)
    NOI $28,923 @ 7.0% cap · market cap 5.14%
    Theoretical Best
    Office A
    $531.9K
    $465.4K – $620.5K (±1% cap)
    NOI $37,230 @ 7.0% cap · market cap 6.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.61223
    Latitude
    39.27331

    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit multifamily property with six non-vehicle storage garage units for added tenant convenience.
    Where is this quadplex located?
    The property is located at 1436 LIGHT Street Baltimore, MD.
    What is the asking price?
    The asking price for this property is $563,000.
    What are key features of this property?
    This property features: Fully occupied 4‑unit investment property; Brick construction with Year Built 1920; Additional 6 individual storage (non‑vehicle) garage units
    More about this property
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