Restored Four-Unit Victorian
For Sale
$1,499,999
1801 EUTAW PL, Baltimore, MD 21217
Historic multifamily property with four legally zoned residences, separate metering, detailed interiors, and a walled rear garden.
Property Size8,690 SF
Price / SF$172.61
Days on Market50
Property Features for 1801 EUTAW PL
General Information
Standard status
Active
Size
8,690 SF
Property subtype
Multi-family
Site & Location
Neighborhood
Bolton Hill
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(410) 814-2400
Listed By:
Christopher J Cooke · License #596183
(443) 802-2728
Source:
Hostetterrealty
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 7:59AM
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 Berkshire Hathaway HomeServices Homesale Realty
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Investment Insights
Based on property information with market context.
The restored Hawley-Hutzler House is configured as a four-unit multifamily property across four finished levels. Its Victorian character is expressed through ornate stone and brick detailing, historic stained glass, carved woodwork, plaster moldings, hardwood floors, period mantels, fireplaces, oversized windows, and formal entertaining rooms. One expansive residence occupies the principal living spaces, while three additional residences provide rental accommodations within the structure.
At the rear, a 48' x 45' enclosed garden includes a 7-foot wall, perennials, and native plantings. The backyard directly adjoins the 2.9-acre Arnold Sumpter Park, adding open space to the urban setting. Each unit is separately metered. The property is located at 1801 Eutaw Pl in Baltimore, Maryland.
At the rear, a 48' x 45' enclosed garden includes a 7-foot wall, perennials, and native plantings. The backyard directly adjoins the 2.9-acre Arnold Sumpter Park, adding open space to the urban setting. Each unit is separately metered. The property is located at 1801 Eutaw Pl in Baltimore, Maryland.
Key Highlights
- Four legally zoned residential units across four finished levels
- Restored Victorian architecture with stained glass, carved woodwork, fireplaces, and plaster moldings
- Three rental residences integrated within the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,615
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,552,300
$2.6M
Cap Rate 7%
$1,823,071
$1.8M
Cap Rate 9%
$1,417,944
$1.4M
Market Conditions
NOI Build-Up for 8,690 SF
Gross rent
$192.9K $22.20/SF
− Vacancy
−$10.6K −$1.22/SF
EGI
$182.3K $20.98/SF
− OpEx
−$54.7K −$6.29/SF
NOI
$127.6K $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%
$2,552,300
Cap Rate 7%
$1,823,071
Cap Rate 9%
$1,417,944
Alternative Uses
Best Use
Multifamily LT 5
$1.82M
$1.60M – $2.13M
NOI $127,615 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,217 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,732 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,735
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Historic multifamily property with four legally zoned residences, separate metering, detailed interiors, and a walled rear garden.
Where is this quadplex located?
The property is located at 1801 EUTAW PL Baltimore, MD.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Four legally zoned residential units across four finished levels; Restored Victorian architecture with stained glass, carved woodwork, fireplaces, and plaster moldings; Three rental residences integrated within the property
