4-Unit Brick
New
For Sale
$725,000
1800 N CALVERT Street, Baltimore, MD 21202
Multi-Family, BALTIMORE, MD
Property Size3,728 SF
Lot Size0.06 Acres
Price / SF$194.47
Days on Market3
Property Features for 1800 N CALVERT Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Interior features
Ceiling Fan(s), Window Treatments, Upgraded Countertops, Bathroom - Soaking Tub
Appliances
Microwave, Refrigerator, Washer, Dryer, Dishwasher
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
3,728 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
11118
Utilities
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1890
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Keller Williams Capital Properties · Keller Williams Realty
(202) 243-7700
Listed By:
Lindsay Chapman · License #0644564
(240) 644-4052
Added: Oct 28
Last Checked: Oct 30 at 1:06AM
MLS# MDBA2235428
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.
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Investment Insights
Based on property information with market context.
This 3,728-square-foot Federal-style brick quadplex dates to 1890 and sits on a 0.0573-acre lot. The four tenant-occupied units are separately metered. Units 1 through 3 have updated finishes, including granite or quartz counters, stainless steel appliances, and LVP flooring; each also has an installed washer and dryer. Unit 3 is a two-bedroom residence on the top floor, while Unit 2 is classified as a one-bedroom. Private outdoor space includes a deck for Unit 1 and a patio for Unit 4. A detached storage structure is located behind the building.
The property is an end unit with bay windows. Penn Station is a few blocks away, with Johns Hopkins, the University of Baltimore, MICA, and the Inner Harbor also nearby.
The property is an end unit with bay windows. Penn Station is a few blocks away, with Johns Hopkins, the University of Baltimore, MICA, and the Inner Harbor also nearby.
Key Highlights
- Four occupied units with separate metering
- 3,728 square feet on a 0.0573‑acre lot
- 1890 Federal‑style brick building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,747
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,940
$1.1M
Cap Rate 7%
$782,100
$782.1K
Cap Rate 9%
$608,300
$608.3K
Market Conditions
NOI Build-Up for 3,728 SF
Gross rent
$82.8K $22.20/SF
− Vacancy
−$4.6K −$1.22/SF
EGI
$78.2K $20.98/SF
− OpEx
−$23.5K −$6.29/SF
NOI
$54.7K $14.69/SF
Area
Baltimore, MD
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,940
Cap Rate 7%
$782,100
Cap Rate 9%
$608,300
Alternative Uses
Best Use
Multifamily LT 5
$782.1K
$684.3K – $912.5K
NOI $54,747 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$693.9K
$607.1K – $809.5K
NOI $48,570 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$893.1K
$781.5K – $1.04M
NOI $62,519 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,378
Businesses Nearby
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Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
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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 - All four residences are occupied and separately metered, with recent interior updates in three units.
Where is this quadplex located?
The property is located at 1800 N CALVERT Street Baltimore, MD.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four occupied units with separate metering; 3,728 square feet on a 0.0573‑acre lot; 1890 Federal‑style brick building
