2414 Saint Paul Street, Baltimore, MD 21218
Fully occupied 5-unit property combines four renovated residences with a separately entered behavioral health office.
- Added:
- May 23, 2026
- Days on Market:
- 24
- Last Refresh:
- Jun 15 at 6:46 am
Property Features for 2414 Saint Paul Street
General Information
- Standard status
- Active
- Size
- 3,476 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agent Keller Williams Flagship (443) 413-9241
Listing office (443) 413-9241
Listing date May 23, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Flagship
HighLights
- Fully occupied 5‑unit building at 2414 St Paul St, Baltimore City
- 4 residential units plus 1 commercial unit (behavioral health office) with separate entrance
- Residential units have private entrances and include laminate flooring
- Building and all units were fully renovated over the past few years
- Central air cooling; heating listed as “3”
- Zoned C‑1 with on‑street parking
Overview
Located at 2414 Saint Paul Street in Baltimore City’s arts district, the property is positioned for day-to-day usability of both residents and the on-site business. The listing presents the building as a single asset with distinct entry points for the ground-floor commercial space and the residential units above.
For buyers looking for a multi-tenant setup, this configuration provides four residential units plus a dedicated commercial component within one renovated building. The separate entrances can help prospective operators and investors manage the property’s combined use under one roof while maintaining distinct customer and resident access. The current occupancy status and recent renovations are central to the appeal for long-term ownership.
Local Financial Insights For Office B
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 | $83.4k | $24.00 |
| − Vacancy | −$14.0k | −$4.03 |
| EGI | $69.4k | $19.97 |
| − OpEx | −$17.4k | −$4.99 |
| NOI | $52.1k | $14.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6155872
- Latitude
- 39.3168326