Restored Historic Four-Unit
For Sale
$1,499,999
1801 EUTAW Place, Baltimore, MD 21217
Multi-Family, BALTIMORE, MD
Property Size8,690 SF
Lot Size0.15 Acres
Price / SF$172.61
Days on Market159
Property Features for 1801 EUTAW Place
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Dining Room, Basement
Interior features
2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Stain/Lead Glass, Upgraded Countertops, Wood Floors
Fireplace
1
Appliances
Dishwasher, Dryer, Microwave, Oven/Range - Gas, Washer, Refrigerator, Stainless Steel Appliances
Subdivision
BOLTON HILL HISTORIC DISTRICT
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
8,690 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
17488
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1886
Number of units
4
Building materials
Stone
Architectural style
Federal
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(410) 814-2400
Listed By:
Christopher J Cooke · License #596183
(443) 802-2728
Added: Apr 30
Changed: Sep 16
Last Checked: Oct 5 at 6:06PM
MLS# MDBA2213278
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 1886, this Federal-style property is configured as four legally zoned residential units, including a substantial owner's residence and three rental residences. The interiors retain wood floors, crown moldings, stained glass, original plaster detailing, fireplaces, formal dining space, and multiple kitchens, while updated features include gourmet kitchens, upgraded countertops, stainless steel appliances, central air, and forced-air heat. All units are separately metered.
The property occupies an urban setting in Bolton Hill, Baltimore, with a stone exterior and a 48'x45', 7-foot walled garden at the rear. The grounds connect directly to the 2.9-acre Arnold Sumpter Park, adding a substantial open-space backdrop to the residential compound. The address is 1801 EUTAW Place, Baltimore, MD 21217.
The property occupies an urban setting in Bolton Hill, Baltimore, with a stone exterior and a 48'x45', 7-foot walled garden at the rear. The grounds connect directly to the 2.9-acre Arnold Sumpter Park, adding a substantial open-space backdrop to the residential compound. The address is 1801 EUTAW Place, Baltimore, MD 21217.
Key Highlights
- Four legally zoned residential units, including one owner's residence and three rental residences
- All units are separately metered
- Built in 1886 with Federal architectural styling and stone construction
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.
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,735
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Victorian-era property combines an owner's residence with three separately metered rental units and period architectural details.
Where is this quadplex located?
The property is located at 1801 EUTAW Place 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, including one owner's residence and three rental residences; All units are separately metered; Built in 1886 with Federal architectural styling and stone construction
