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Franklin Square Multi-Unit Investment
For Sale
$229,900

207 N CAREY Street, Baltimore, MD 21223

Multi-Family, BALTIMORE, MD

Property SizeContact for details
Lot Size0.05 Acres
Days on Market194

Property Features for 207 N CAREY 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
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 590

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1900
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Kyle Lawrence Jones · License #5021867
Added: Feb 9 Changed: Aug 19 Last Checked: Aug 22 at 7:06PM
MLS# MDBA2202656

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.

Located in the Franklin Square Historic District, this property at 207 N. Carey Street in Baltimore presents an investor opportunity. The multi-unit property features three units, each with 2 bedrooms and 1 bathroom. The property overlooks Franklin Square Park. The building includes a shared basement with utilities and laundry hookups. The location provides access to Downtown Baltimore, public transportation, and major city hubs. The property is being sold "as-is" and offers possibilities for renovation. The lot size is 0.0479 acres.

Key Highlights

  • Prime location in the Franklin Square Historic District, overlooking Franklin Square Park.
  • Three spacious units, each with 2 bedrooms and 1 bathroom, offering high rental potential.
  • Convenient access to Downtown Baltimore, public transportation, and major city hubs.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Accounting Firm HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three spacious units near Downtown Baltimore, investor opportunity.
Where is this triplex located?
The property is located at 207 N CAREY Street Baltimore, MD.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Prime location in the Franklin Square Historic District, overlooking Franklin Square Park.; Three spacious units, each with 2 bedrooms and 1 bathroom, offering high rental potential.; Convenient access to Downtown Baltimore, public transportation, and major city hubs.
More about this property
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