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Multifamily Building with Separate Entrances
For Sale
$595,000

1601 Retreat St, Baltimore, MD 21217

Vacant multifamily property with five residential units, two on-site shops, and units featuring separate HVAC and meters.

Days on Market100

Property Features for 1601 Retreat St

General Information

Standard status Active

Additional Details

Multifamily Units 5
Listing Agency: The Real Estate Store of Maryland LLC
Listed By: Stacie Teal-Locust
Source: Exprealty
Added: Apr 22 Changed: Jul 20 Last Checked: Jul 29 at 1:10PM

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 The Real Estate Store of Maryland LLC

Investment Insights

Based on property information with market context.

This vacant multifamily property includes five residential units plus two shops on site. Each unit has its own entrance, and the building is configured with separate HVAC systems for each unit, along with separate electric and water meters.

The property also has a fully functioning separate managers office suite and a maintenance shop on location. It was previously licensed and noted as lead safe. A recent fire resulted in the property becoming vacant, and the building does need repairs, improvements, and upgrades.

With the separate unit and shop layout, the configuration supports straightforward differentiation between the residential units and the on-site commercial space. The property is described as easy to show.

Key Highlights

  • Vacant multifamily property with 5 residential units and 2 on‑site shops
  • Each unit has its own entrance
  • Separate HVAC system for each unit

Property Analytics

Current Use

Retail space

Suggested Use

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

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,238
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?
Apartment building - Vacant multifamily property with five residential units, two on-site shops, and units featuring separate HVAC and meters.
Where is this apartment building located?
The property is located at 1601 Retreat St Baltimore, MD.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Vacant multifamily property with 5 residential units and 2 on‑site shops; Each unit has its own entrance; Separate HVAC system for each unit
More about this property
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