1516 LANCASTER STREET, Baltimore, MD 21231

Building Details

Year Built

1920

Listing office NEXT STEP REALTY j***@thewhomegroup.com Show Phone

Listing date Mar 12, 2026

Source Elliman

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Overview

This nine-unit multifamily property is located in Fells Point. Each unit includes 1.5 or 2 bedrooms. The building features 9 dedicated parking spots, 9 storage units, and a detached garage. The property is positioned near the waterfront, restaurants, and nightlife, potentially offering strong rental income and long-term appreciation.

Suggested Use

Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Daycare Center Adult Day Care Nursing Home (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Tanning Salon

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

Location Insight

• Map
• Local Demand

City

Baltimore

County

Baltimore

State

Maryland

Longitude

-76.5957

Latitude

39.2826

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FAQs

What type of property is this?

Apartment building - Nine-unit property in prime location with parking and storage.

Where is this apartment building located?

The property is located at 1516 LANCASTER STREET Baltimore, MD.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: High ROI potential in prime Fells Point location.; 9 units with 1.5 or 2 bedrooms each.; Rare amenities: **9 dedicated parking spots, 9 storage units, and a detached garage.**