Triplex with Three
New
For Sale
$850,000
1919 E PRATT Street, Baltimore, MD 21231
Multi-Family, BALTIMORE, MD
Property Size5,012 SF
Lot Size0.05 Acres
Price / SF$169.59
Days on Market1
Property Features for 1919 E PRATT Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Fireplace
1
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
5,012 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
19621
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1900
Number of units
1
Building materials
Brick
Architectural style
Federal
Listing Agency:
Compass
(443) 873-3585
Listed By:
Claudia Cristina Towles · License #666743
(202) 215-8233
Added: Oct 8
Last Checked: Oct 8 at 6:06AM
MLS# MDBA2234088
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.
At 1919 E Pratt Street, three residences share a 5,012-square-foot property. The main home has three bedrooms and three-and-a-half baths; the other homes have two bedrooms and two baths, and one bedroom and one bath, respectively. Built in 1900, the brick property features Federal architectural styling, central heating and central air conditioning. A fireplace and basement are also present, with parking available on the street. The parcel measures 0.0459 acres.
The property is in Baltimore, near Patterson Park, Fells Point and the Johns Hopkins medical campus. Its three-home layout is paired with a varied bedroom and bathroom mix across the residences.
The property is in Baltimore, near Patterson Park, Fells Point and the Johns Hopkins medical campus. Its three-home layout is paired with a varied bedroom and bathroom mix across the residences.
Key Highlights
- Three separate residences in one property
- 5,012 square feet on a 0.0459‑acre parcel
- Bedroom and bath mix: 3/3.5, 2/2, and 1/1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,603
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,060
$1.5M
Cap Rate 7%
$1,051,471
$1.1M
Cap Rate 9%
$817,811
$817.8K
Market Conditions
NOI Build-Up for 5,012 SF
Gross rent
$111.3K $22.20/SF
− Vacancy
−$6.1K −$1.22/SF
EGI
$105.1K $20.98/SF
− OpEx
−$31.5K −$6.29/SF
NOI
$73.6K $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%
$1,472,060
Cap Rate 7%
$1,051,471
Cap Rate 9%
$817,811
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$920.0K – $1.23M
NOI $73,603 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$932.8K
$816.2K – $1.09M
NOI $65,298 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,051 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
7,335
Businesses Nearby
Explore this area
Business Placement
Demographics for 21231, MD
17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
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
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Frequently Asked Questions
What type of property is this?
Triplex - Separate living spaces provide a range of bedroom and bathroom configurations within one property.
Where is this triplex located?
The property is located at 1919 E PRATT Street Baltimore, MD.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three separate residences in one property; 5,012 square feet on a 0.0459‑acre parcel; Bedroom and bath mix: 3/3.5, 2/2, and 1/1
