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Townhouse Multifamily Portfolio
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2401 Etting Street, Baltimore, MD 21217

Block of 23 separately metered townhouse units, all occupied, with 2003 gut renovations and in-unit laundry.

Property SizeContact for details
Days on Market134

Property Features for 2401 Etting Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 23

Building Details

Year Renovated 2003
Listing Agency: Harbor Stone Advisors
Listed By: Justin Verner · License #MD 630799
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 4:49PM

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 Harbor Stone Advisors

Investment Insights

Based on property information with market context.

The Etting Apartments offer a block of 23 townhouse units in a fully occupied residential rental community. The unit mix consists of (18) one-bedroom, one-bath townhouses and (5) two-bedroom, one-bath townhouses. The townhomes were gut renovated in 2003, with features that include hardwood floors, carpeted bedrooms, central heating and air, sheet vinyl kitchen floors, basements for storage, and laundry in unit. The property also includes updated plumbing and electrical systems, and all units are self-contained.

Units are separately metered. The remarks indicate that all but two units are leased via Section-8, and the property has assumable debt in place.

From a practical standpoint, this is a turnkey townhouse portfolio with established occupancy and in-unit mechanical and laundry improvements from the 2003 renovation.

Key Highlights

  • Block of 23 separately metered, self‑contained townhouse units in Baltimore’s Penn North neighborhood
  • Fully occupied unit mix: 18 one‑bedroom/one‑bath and 5 two‑bedroom/one‑bath townhouses
  • Gut renovated in 2003 with hardwood floors, carpeted bedrooms, central heating and air, and in‑unit laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Electrical 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

23
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby

Demographics for 21217, MD

30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
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?
Apartment building - Block of 23 separately metered townhouse units, all occupied, with 2003 gut renovations and in-unit laundry.
Where is this apartment building located?
The property is located at 2401 Etting Street Baltimore, MD.
What are key features of this property?
This property features: Block of 23 separately metered, self‑contained townhouse units in Baltimore’s Penn North neighborhood; Fully occupied unit mix: 18 one‑bedroom/one‑bath and 5 two‑bedroom/one‑bath townhouses; Gut renovated in 2003 with hardwood floors, carpeted bedrooms, central heating and air, and in‑unit laundry
More about this property
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