Six-Unit Apartment
For Sale
$599,900
1911 W BALTIMORE Street, Baltimore, MD 21223
Multi-Family, BALTIMORE, MD
Property Size3,200 SF
Lot Size0.69 Acres
Price / SF$187.47
Days on Market192
Property Features for 1911 W BALTIMORE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
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
3,200 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Annual Amount
4505
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
central air and heat
coin-operated laundry
Building Details
Year built
1935
Number of units
4
Building materials
Brick
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(410) 814-2400
Listed By:
Christopher J Cooke · License #596183
(443) 802-2728
Added: Apr 3
Changed: Sep 16
Last Checked: Oct 11 at 12:06PM
MLS# MDBA2209638
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.
This 3,200-square-foot brick apartment building contains six one-bedroom, one-bath units, each with a living area, full kitchen, bedroom, and full bath. Five units are occupied. The property uses forced-air heating and central air, while individual gas and electric metering supports separate utility management. A shared coin-operated laundry area is located in the basement, and parking is available on the street.
Built in 1935, the property occupies 0.69 acres at 1911 W Baltimore Street in Baltimore, Maryland. Its location provides access to downtown Baltimore, employment centers, shopping, dining, and public transportation. The six-unit configuration, basement laundry, and existing occupancy provide a straightforward multifamily operating profile.
Built in 1935, the property occupies 0.69 acres at 1911 W Baltimore Street in Baltimore, Maryland. Its location provides access to downtown Baltimore, employment centers, shopping, dining, and public transportation. The six-unit configuration, basement laundry, and existing occupancy provide a straightforward multifamily operating profile.
Key Highlights
- Six one‑bedroom, one‑bath apartment units
- 3,200 square feet on 0.69 acres
- Five of six units occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,691
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,820
$833.8K
Cap Rate 7%
$595,586
$595.6K
Cap Rate 9%
$463,233
$463.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$80.6K $25.20/SF
− Vacancy
−$4.8K −$1.51/SF
EGI
$75.8K $23.69/SF
− OpEx
−$34.1K −$10.66/SF
NOI
$41.7K $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%
$833,820
Cap Rate 7%
$595,586
Cap Rate 9%
$463,233
Alternative Uses
Best Use
Apartment 5plus
$595.6K
$521.1K – $694.9K
NOI $41,691 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$766.6K
$670.8K – $894.4K
NOI $53,664 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,593
Businesses Nearby
Explore this area
Business Placement
Demographics for 21223, MD
20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with separately metered utilities, central air, and basement laundry facilities.
Where is this apartment building located?
The property is located at 1911 W BALTIMORE Street Baltimore, MD.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Six one‑bedroom, one‑bath apartment units; 3,200 square feet on 0.69 acres; Five of six units occupied
