Four-Unit Brick
For Sale
$585,000
1708 MCCULLOH Street, Baltimore, MD 21217
Multi-Family, BALTIMORE, MD
Property Size4,000 SF
Lot Size0.05 Acres
Price / SF$146.25
Days on Market114
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Property Features for 1708 MCCULLOH Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Interior features
Floor Plan - Open
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
4,000 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5650
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1920
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Spotlight Realty
(800) 460-1566
Listed By:
Teresa Craig · License #507963
(301) 742-4813
Added: Jun 24
Changed: Oct 12
Last Checked: Oct 15 at 1:06PM
MLS# MDBA2220086
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.
Built in 1920, this 4,000-square-foot brick quadplex contains four apartments: two with three bedrooms and two bathrooms, and two with two bedrooms and one bathroom. The building has an open floor plan, forced-air heating, and window-unit cooling. Its Federal architectural style sits on a 0.0503-acre lot.
Two electrical meters are in place, and individual metering is possible. Parking is on the street.
Two electrical meters are in place, and individual metering is possible. Parking is on the street.
Key Highlights
- Four apartments: two 3‑bedroom, 2‑bath units and two 2‑bedroom, 1‑bath units
- 4,000 square feet on a 0.0503‑acre lot
- Brick construction; built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,114
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,280
$1.0M
Cap Rate 7%
$744,486
$744.5K
Cap Rate 9%
$579,044
$579.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$100.8K $25.20/SF
− Vacancy
−$6.0K −$1.51/SF
EGI
$94.8K $23.69/SF
− OpEx
−$42.6K −$10.66/SF
NOI
$52.1K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,280
Cap Rate 7%
$744,486
Cap Rate 9%
$579,044
Alternative Uses
Best Use
Multifamily LT 5
$839.2K
$734.3K – $979.0K
NOI $58,741 @ 7.0% cap · market cap 10.04%
Second Best
Apartment 5plus
$744.5K
$651.4K – $868.6K
NOI $52,114 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$958.3K
$838.5K – $1.12M
NOI $67,080 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,968
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Apartments are arranged in two-bedroom and three-bedroom layouts, with two electrical meters serving the building.
Where is this quadplex located?
The property is located at 1708 MCCULLOH Street Baltimore, MD.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Four apartments: two 3‑bedroom, 2‑bath units and two 2‑bedroom, 1‑bath units; 4,000 square feet on a 0.0503‑acre lot; Brick construction; built in 1920
