Duplex with Carriage
For Sale
$315,000
214 S CASTLE Street, Baltimore, MD 21231
Multi-Family, BALTIMORE, MD
Property Size750 SF
Lot Size0.00 Acres
Price / SF$420
Days on Market40
Property Features for 214 S CASTLE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Fireplace
1
Subdivision
UPPER FELLS POINT
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
750 SF
Lot size
0.00 Acres
Taxes and HOA fees
Tax Annual Amount
6141
Utilities
Heating system
Central
Cooling system
Window Unit(s)
Amenities
private backyard
landscaped grounds
fully fenced backyard
private courtyard
tomato garden
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Liz A. Ancel · License #631587
(410) 599-4161
Added: Aug 27
Changed: Oct 5
Last Checked: Oct 5 at 11:06PM
MLS# MDBA2229358
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 duplex property includes a three-level main residence and an attached carriage house with one bedroom and one full bathroom. The 750-square-foot property was built in 1900 and features brick construction, central heating, window-unit cooling, a fireplace, and on-street parking. The property is fully rented and includes two separate homes, providing distinct residential spaces for occupants.
Outdoor areas are a major component of the property, with a fenced backyard, landscaped and hardscaped sections, a private courtyard, grassy areas, mature plantings, entertaining spaces, and a tomato garden. The property is located at 214 S Castle Street in Baltimore’s Upper Fells Point area, near Patterson Park, Fells Point dining, restaurants, bars, shops, waterfront attractions, and Harbor East.
Outdoor areas are a major component of the property, with a fenced backyard, landscaped and hardscaped sections, a private courtyard, grassy areas, mature plantings, entertaining spaces, and a tomato garden. The property is located at 214 S Castle Street in Baltimore’s Upper Fells Point area, near Patterson Park, Fells Point dining, restaurants, bars, shops, waterfront attractions, and Harbor East.
Key Highlights
- Two residences: a three‑level main house and attached carriage house
- Carriage house includes 1 bedroom and 1 full bathroom
- 750 square feet on a double‑wide lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,014
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,280
$220.3K
Cap Rate 7%
$157,343
$157.3K
Cap Rate 9%
$122,378
$122.4K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$16.7K $22.20/SF
− Vacancy
−$916 −$1.22/SF
EGI
$15.7K $20.98/SF
− OpEx
−$4.7K −$6.29/SF
NOI
$11.0K $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%
$220,280
Cap Rate 7%
$157,343
Cap Rate 9%
$122,378
Alternative Uses
Best Use
Multifamily LT 5
$157.3K
$137.7K – $183.6K
NOI $11,014 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$139.6K
$122.1K – $162.9K
NOI $9,771 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$179.7K
$157.2K – $209.6K
NOI $12,578 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,069
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences share landscaped private outdoor areas and provide separate living spaces in Baltimore’s Upper Fells Point neighborhood.
Where is this duplex located?
The property is located at 214 S CASTLE Street Baltimore, MD.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two residences: a three‑level main house and attached carriage house; Carriage house includes 1 bedroom and 1 full bathroom; 750 square feet on a double‑wide lot
