Renovated Quadplex with Private
1927 SAINT PAUL Street, Baltimore, MD 21218
New
MULTI_FAMILY - Federal - BALTIMORE, MD
Property size:
3,929 SFLot size:
0.04 AcresPrice / SF:
$184/SF- Added:
- Jun 5, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 6 at 12:06 pm
Property Features for 1927 SAINT PAUL Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking
- 2
- Parking features
- Driveway
- Interior features
- 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops
- Fireplace
- 1
- Appliances
- Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, WaterHeater, Oven/Range - Electric
- Standard status
- Active
- Size
- 3,929 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11278
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1889
- Number of units
- 4
- Building materials
- Brick Front, Concrete
- Architectural style
- Federal
Listing agent Jamie L Koehler License #640791 (443) 604-5875
Listing office Cummings & Co. Realtors 201 KEY Highway, Baltimore, MD (410) 823-0033
Listing date Jun 5, 2026
MLS# MDBA2213040
Listing URL
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.
HighLights
- Completed in 2025 with Use & Occupancy certificate for 4 units and 1 office; move‑in ready throughout
- Separate metering for spacious units with renovated kitchens (quartz counters, shaker cabinets, stainless appliances) and remodeled bathrooms
- In‑unit laundry plus each unit has its own furnace, air conditioning condenser, and water heater
- Estimated combined rent potential up to $7,825/month ($93,900/year) across Units 1–4 plus a basement unit
- Private parking pad included; can be used with your unit or leased for an estimated $75/month
- Main roof redone in 2026; Federal‑style brick‑front building built in 1889
Overview
Completed in 2025, this renovated multi-unit property is move-in ready and supported by a Use & Occupancy certificate for four units and one office. Each spacious unit is separately metered and features abundant natural light, warm LVP flooring, renovated kitchens with shaker cabinets, modern subway tile backsplashes, quartz countertops, and stainless steel appliances. Bathrooms have been remodeled with new tile, sleek vanities, and updated finishes. Residents benefit from in-unit laundry, with each unit having its own furnace, air conditioning condenser, and water heater.
The building includes a basement level configuration described as having private front and rear access and being not otherwise connected to the rest of the building. A private parking pad is available for use in tandem with a residence or can be leased separately. The main roof was redone in 2026. The property is separately identified with a Special Benefits Tax in the neighborhood; the current annual cost noted is $630.82.
From a tenant-fit perspective, the layout supports multiple separate living arrangements within one secured property, while utilities are controlled through separate metering. The unit mix includes studio, one-bedroom, two-bedroom, and a two-story penthouse configuration, offering options for a range of household sizes. Location is also a practical factor, with proximity cited to University of Baltimore (0.5 miles), MICA (0.3 miles), Johns Hopkins University (1.1 miles), and Baltimore’s Inner Harbor (1.9 miles).
The building includes a basement level configuration described as having private front and rear access and being not otherwise connected to the rest of the building. A private parking pad is available for use in tandem with a residence or can be leased separately. The main roof was redone in 2026. The property is separately identified with a Special Benefits Tax in the neighborhood; the current annual cost noted is $630.82.
From a tenant-fit perspective, the layout supports multiple separate living arrangements within one secured property, while utilities are controlled through separate metering. The unit mix includes studio, one-bedroom, two-bedroom, and a two-story penthouse configuration, offering options for a range of household sizes. Location is also a practical factor, with proximity cited to University of Baltimore (0.5 miles), MICA (0.3 miles), Johns Hopkins University (1.1 miles), and Baltimore’s Inner Harbor (1.9 miles).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.8k | $19.80 |
| − Vacancy | −$4.8k | −$1.22 |
| EGI | $73.0k | $18.58 |
| − OpEx | −$21.9k | −$5.57 |
| NOI | $51.1k | $13.00 |
3,929 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$729.9K
$638.7K – $851.6K
NOI $51,096 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$651.2K
$569.8K – $759.7K
NOI $45,582 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.07M
$934.7K – $1.25M
NOI $74,777 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.61472
- Latitude
- 39.31202
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Turnkey multi-unit property with renovated interiors, in-unit laundry, and a private parking pad for added resident utility.
Where is this quadplex located?
The property is located at 1927 SAINT PAUL 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: Completed in 2025 with Use & Occupancy certificate for 4 units and 1 office; move‑in ready throughout; Separate metering for spacious units with renovated kitchens (quartz counters, shaker cabinets, stainless appliances) and remodeled bathrooms; In‑unit laundry plus each unit has its own furnace, air conditioning condenser, and water heater
