Baltimore Three-Unit Multifamily
2210 North Charles Street, Baltimore, MD 21218
Well-maintained three-unit residence in established Baltimore neighborhood.
Type:Multi-Family / Fee Simple
Property size:
2,760 SFPrice / SF:
$213/SF- Added:
- Mar 13, 2026
- Days on Market:
- 82
- Last Refresh:
- Mar 13 at 5:17 pm
Property Features for 2210 North Charles Street
General Information
- Standard status
- Active
- Size
- 2,760 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agent Debra J Ward License #588400 (410) 608-9132
Listing office Berkshire Hathaway HomeServices Homesale Realty (410) 608-9132
Listing date Mar 13, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Homesale Realty
HighLights
- Three‑unit residence in an established Baltimore City neighborhood, offering immediate rental income potential.
- All units fully rehabbed approximately 11 years ago with modern, open‑concept layouts.
- Each unit includes its own in‑unit washer and dryer and is separately metered.
- Off‑street parking available for up to 4 vehicles.
- Opportunity for both investors and owner‑occupants.
- Unit 2 and Unit 3 will be vacant in March and April of 2026 respectively.
Overview
Located in an established Baltimore neighborhood, this three-unit residence offers space and comfort. All units were fully rehabbed approximately 11 years ago and feature open-concept layouts. Apartment 1 is a two-bedroom, one-bath residence, currently occupied, with a private rear entrance to the off-street parking. The current rent is $1470.00, and the tenant has a lease until 5/31/2026. Apartment 2 is a three-bedroom, one-bath with generously sized rooms. The current rent is $1,300, and the unit will be vacant on March 1, 2026. Apartment 3 is a one-bedroom plus den, one-bath residence. The current rent is $1090, and the unit will be vacant April 2, 2026. Each residence is separately metered and includes its own in-unit washer and dryer. Open-plan kitchens are designed for both daily living and casual entertaining. Rear off-street parking is available for up to 4 vehicles. The property is located in Baltimore City, within city limits, and is part of the BALTIMORE CITY PUBLIC SCHOOLS district.
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 | $54.6k | $19.80 |
| − Vacancy | −$3.4k | −$1.22 |
| EGI | $51.3k | $18.58 |
| − OpEx | −$15.4k | −$5.57 |
| NOI | $35.9k | $13.00 |
2,760 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.8K
$448.7K – $598.2K
NOI $35,893 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$457.4K
$400.3K – $533.7K
NOI $32,020 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$750.4K
$656.6K – $875.5K
NOI $52,528 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6179709
- Latitude
- 39.407547
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained three-unit residence in established Baltimore neighborhood.
Where is this triplex located?
The property is located at 2210 North Charles Street Baltimore, MD.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Three‑unit residence in an established Baltimore City neighborhood, offering immediate rental income potential.; All units fully rehabbed approximately 11 years ago with modern, open‑concept layouts.; Each unit includes its own in‑unit washer and dryer and is separately metered.
