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5-Unit Apartment Building
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2550 W Lombard St, Baltimore, MD 21223

Five residential units include one occupied apartment and four units prepared for occupancy.

Property SizeContact for details
Days on Market143

Property Features for 2550 W Lombard St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Berkshire Hathaway HomeService Homesale
Listed By: Shraga Lerner · License #MD 670078
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:53PM

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 HomeService Homesale

Investment Insights

Based on property information with market context.

This Baltimore apartment property contains five residential units. One apartment is occupied by a Section 8 tenant, while the remaining four units are rent-ready. The building has an up-to-date lead certification and current rental license.

Located at 2550 W Lombard St in Baltimore, Maryland, the property offers a compact multifamily configuration with both existing occupancy and additional units prepared for leasing.

Key Highlights

  • Five‑unit multifamily property at 2550 W Lombard St, Baltimore, MD 21223
  • One unit occupied by a Section 8 tenant
  • Four additional units are rent‑ready

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Computer & Electronic Repair Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby

Demographics for 21223, MD

20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
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 - Five residential units include one occupied apartment and four units prepared for occupancy.
Where is this apartment building located?
The property is located at 2550 W Lombard St Baltimore, MD.
What are key features of this property?
This property features: Five‑unit multifamily property at 2550 W Lombard St, Baltimore, MD 21223; One unit occupied by a Section 8 tenant; Four additional units are rent‑ready
(443) 844-1020 Call to check price and availability
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