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End-of-Row Triplex with Finished Basement

17 East 21st Street Baltimore, MD 21218

17 East 21st Street, Baltimore, MD, 21218
$650,000
For Sale
$650,000

Triplex in Baltimore City with A-frame stucco design, finished English basement in Unit 1, and in-unit laundry.

Property Size3,732 SF
Price / SF$174.17
Days on Market90

Property Features for 17 East 21st Street

General Information

Standard status
Active
Size
3,732 SF
Property subtype
Multi-Family / Ground Rent

Building Details

Year Built
1900
Listing agency Neighborhood Assistance Corp. of America (NACA)
Listed by Jenn Schneider · License #657256
Source Compass
Added: Apr 23 Updated: Jul 20 at 6:33PM Checked: Jul 21 at 6:40AM

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 Neighborhood Assistance Corp. of America (NACA)


Investment Insights

Based on property information with market context.

This end-of-row triplex at 17 East 21st Street features an A-frame architectural design finished in stucco. Unit 1 includes a finished bi-level English basement and in-unit laundry with a washer and dryer, along with exposed brick finishes. The unit also has private garage access, including an oversized basement garage, and there is additional on-street parking for guests.

Units 2 and 3 each have a private entrance. The property was renovated in 2016, and the listing notes the home is in excellent condition. The property is also described as fully furnished.

For access to transit, the commuter rail station is less than one mile away, supporting convenient travel between urban and surrounding areas.

Key Highlights

  • End‑of‑row triplex with architectural A‑frame stucco design
  • Unit 1 features a fully finished bi‑level English basement
  • In‑unit laundry in Unit 1 with washer and dryer hookups (washer in unit, dryer in unit)

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 $73.9k $19.80
− Vacancy −$4.6k −$1.22
EGI $69.3k $18.58
− OpEx −$20.8k −$5.57
NOI $48.5k $13.00
3,732 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$693.3K
$606.7K – $808.9K (±1% cap)
NOI $48,534 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$618.5K
$541.2K – $721.6K (±1% cap)
NOI $43,297 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.01M
$887.8K – $1.18M (±1% cap)
NOI $71,027 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Butcher (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Pet Store Carpet & Flooring Store Pet Store & Service Electrical Service Adult Day Care Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Triplex - Triplex in Baltimore City with A-frame stucco design, finished English basement in Unit 1, and in-unit laundry.
Where is this triplex located?
The property is located at 17 East 21st Street Baltimore, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: End‑of‑row triplex with architectural A‑frame stucco design; Unit 1 features a fully finished bi‑level English basement; In‑unit laundry in Unit 1 with washer and dryer hookups (washer in unit, dryer in unit)
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