End-of-Group Quadplex with Central
New
For Sale
$599,900
2017 SAINT PAUL Street, Baltimore, MD 21218
MULTI_FAMILY - Federal - BALTIMORE, MD
Property Size3,204 SF
Lot Size0.00 Acres
Price / SF$187.23
Days on Market2
Property Features for 2017 SAINT PAUL Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
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
3,204 SF
Lot size
0.00 Acres
Taxes and HOA fees
Tax Annual Amount
10530
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1890
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Taryn D Dunnaville · License #508971
(410) 382-7562
Added: Jul 31
Last Checked: Aug 1 at 4:06AM
MLS# MDBA2225598
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.
End-of-group quadplex at 2017 Saint Paul Street featuring brick construction and Federal-style architecture. The property has forced-air heating and central air, with on-street parking. Each unit offers a full kitchen and full bath, and the aboveground units have tall ceilings. Updates include newer kitchens, bathrooms, flooring, and windows across the apartments.
The quadplex includes security bars and doors and separate metering for each unit. The roof was freshly tarred in March 2026. The property is just blocks from the train station and centrally located near numerous public transportation routes.
Built in 1890, the building contains 3,204 square feet of residential space on a 0.0001-acre lot. 48 hours’ notice is needed to schedule showings, and rent rolls are available upon request.
The quadplex includes security bars and doors and separate metering for each unit. The roof was freshly tarred in March 2026. The property is just blocks from the train station and centrally located near numerous public transportation routes.
Built in 1890, the building contains 3,204 square feet of residential space on a 0.0001-acre lot. 48 hours’ notice is needed to schedule showings, and rent rolls are available upon request.
Key Highlights
- Separate metering for each unit with security bars and doors
- Roof freshly tarred in March 2026
- Central air with forced‑air heating
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 | $63.4k | $19.80 |
| − Vacancy | −$3.9k | −$1.22 |
| EGI | $59.5k | $18.58 |
| − OpEx | −$17.9k | −$5.57 |
| NOI | $41.7k | $13.00 |
3,204 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$595.3K
$520.9K – $694.5K
NOI $41,668 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$531.0K
$464.6K – $619.5K
NOI $37,171 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$871.1K
$762.2K – $1.02M
NOI $60,979 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,956
Businesses Nearby
Explore this area
Business Placement
Demographics for 21218, MD
46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - End-of-group quadplex with central air, brick construction, and separate metering for each unit.
Where is this quadplex located?
The property is located at 2017 SAINT PAUL 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: Separate metering for each unit with security bars and doors; Roof freshly tarred in March 2026; Central air with forced‑air heating
