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Renovated Mixed-Use Property
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2429 Saint Paul Street, Baltimore, MD 21218

Income-producing building with residential apartments and a commercial tenancy in Baltimore’s Charles Village area.

Property SizeContact for details
Days on Market141

Property Features for 2429 Saint Paul Street

General Information

Standard status Active
Property subtype Mixed Use

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Apr 15 Changed: Aug 31 Last Checked: Aug 31 at 2:03AM

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 Ben Frederick Realty

Investment Insights

Based on property information with market context.

Renovated mixed-use property at 2429 Saint Paul Street with 3 market-rate apartment tenants and 1 commercial tenant. The apartments offer generous rooms, broad windows, wood cabinetry, laminate countertops, ceramic tile finishes, and exposed brick accents. Updated bathrooms include tiled floors, tiled tub surrounds, steel tubs with showers, and contemporary vanities.

Each apartment is served by its own gas-fired forced-air furnace with central air conditioning, electric water heater, and 100 Amp circuit breaker panel and meter. The property is certified “Lead-Free Limited” under MDE standards.

Safeway Grocery and Subway Sandwich Shop are directly across the street, while CVS Pharmacy and PNC Bank are nearby. The property sits within the Charles Village Special Benefits District, with alley and street cleaning and private neighborhood security. Access to I-83 is available via 25th Street.

Key Highlights

  • 3 market‑rate apartment tenants and 1 commercial tenant
  • Certified “Lead‑Free Limited” under MDE standards
  • Separate gas‑fired forced‑air furnace with central air conditioning for each apartment

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Pet Store Clothing & Fashion Store Pet Store & Service

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

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,790
Businesses Nearby

Demographics for 21218, MD

46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
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?
Mixed-use property - Income-producing building with residential apartments and a commercial tenancy in Baltimore’s Charles Village area.
Where is this mixed-use property located?
The property is located at 2429 Saint Paul Street Baltimore, MD.
What are key features of this property?
This property features: 3 market‑rate apartment tenants and 1 commercial tenant; Certified “Lead‑Free Limited” under MDE standards; Separate gas‑fired forced‑air furnace with central air conditioning for each apartment
(410) 235-9500 Call to check price and availability
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