Four-Unit Apartment
For Sale
$570,000
2924 Saint Paul St, Baltimore, MD 21218
Large apartments near Johns Hopkins University’s Homewood campus, with below-market rents and multiple renovation paths.
Property Size5,500 SF
Price / SF$103.64
Days on Market49
Property Features for 2924 Saint Paul St
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
deferred maintenance
Units
Unit Mix
3 x 2BR, 1 x 1BR
Multifamily Units
4
Additional Details
Asking Price
$570,000
Public Transit
Yes
Building Details
Year Built
1900
Listing Agency:
Ben Frederick Realty, Inc.
(443) 616-1041
Listed By:
Thomas H Fair · License #649854
Source:
Findmarylandhomelistings
Added: Jul 14
Changed: Aug 30
Last Checked: Aug 30 at 7:49PM
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 Ben Frederick Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this 5,500-square-foot apartment property contains four residences: three two-bedroom units and one one-bedroom unit. Two apartments use bi-level designs, while the second- and third-floor residences each occupy an entire floor. Kitchens include wood cabinetry, laminate countertops, and gas ranges sized at 20” or 30”; bathrooms feature modern vanities and steel or cast-iron tubs with varied surround finishes.
The building is two blocks from Johns Hopkins University’s Homewood campus and one block east of Wyman Park Dell. A Johns Hopkins Shuttle stop two blocks south provides connections to Peabody, Johns Hopkins Hospital, Broadway research facilities, and Bayview Medical Center. Existing rents are below prevailing levels in the Hopkins corridor, and the property has deferred maintenance with renovation options ranging from cosmetic work to broader building-system and common-area improvements. Projected metrics include a 7.7x GRM and 8.70% cap rate.
The building is two blocks from Johns Hopkins University’s Homewood campus and one block east of Wyman Park Dell. A Johns Hopkins Shuttle stop two blocks south provides connections to Peabody, Johns Hopkins Hospital, Broadway research facilities, and Bayview Medical Center. Existing rents are below prevailing levels in the Hopkins corridor, and the property has deferred maintenance with renovation options ranging from cosmetic work to broader building-system and common-area improvements. Projected metrics include a 7.7x GRM and 8.70% cap rate.
Key Highlights
- Four apartments: three two‑bedroom units and one one‑bedroom unit
- 5,500 square feet; built in 1900
- Two bi‑level apartments, with full‑floor second- and third‑floor residences
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,076
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Large apartments near Johns Hopkins University’s Homewood campus, with below-market rents and multiple renovation paths.
Where is this quadplex located?
The property is located at 2924 Saint Paul St Baltimore, MD.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four apartments: three two‑bedroom units and one one‑bedroom unit; 5,500 square feet; built in 1900; Two bi‑level apartments, with full‑floor second- and third‑floor residences
