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Three-Story Brick Income Property
For Sale
$150,000
Pending

224 W READ STREET, Baltimore, MD 21201

Online and live onsite auction for a three-story brick income property with parking and a five-space lot near Penn Station.

Property Size2,250 SF
Days on Market51

Property Features for 224 W READ STREET

General Information

Standard status Pending
Size 2,250 SF
Total Parking Spaces 5
Property subtype Triplex

Building Details

Year Built 1900
Stories 3
Listing Agency: A.J. Billig & Company
Listed By: Charles N Billig
Source: Cummingsrealtors
Added: Jul 16 Changed: Sep 3 Last Checked: Sep 4 at 6:36AM

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 A.J. Billig & Company

Investment Insights

Based on property information with market context.

Real estate auction offering 224 W Read Street in Baltimore, MD 21201. The sale includes online and live on-site bidding, with online bidding opening Tuesday, August 25, 2026 and the live on-site auction taking place Wednesday, August 26, 2026 at 11:00 AM. The list price is the opening bid only, and the property is also being offered in combination with adjacent assets as described by the seller.

The buildings are described as two adjoining three-story brick structures with parking and a separate parking lot. The parking lot is arranged for 5 parking spaces, and the seller indicates it may be suitable for future development. The offering is positioned in the cultural heart of Baltimore City, near MICA, UB, and the Baltimore Symphony Orchestra, and is less than one mile from Penn Station.

This auction arrangement provides separate and entirety offerings, with the seller retaining discretion to sell the properties individually or together.

Key Highlights

  • Real estate auction on‑site and via simulcast/online bidding for two adjoining Baltimore City parcels
  • Three‑story brick income building with Year Built 1900, plus parking and a separate parking lot
  • Parking lot is arranged for 5 parking spaces and may be suitable for future development

Property Analytics

Current Use

The Skybox Salon X ... Hair Salon

Suggested Use

Top Pick Veterinary Clinic Pet Store Pet Store & Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

6,037
Businesses Nearby

Demographics for 21201, MD

18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Online and live onsite auction for a three-story brick income property with parking and a five-space lot near Penn Station.
Where is this triplex located?
The property is located at 224 W READ STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Real estate auction on‑site and via simulcast/online bidding for two adjoining Baltimore City parcels; Three‑story brick income building with Year Built 1900, plus parking and a separate parking lot; Parking lot is arranged for 5 parking spaces and may be suitable for future development
More about this property
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