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Mixed-Use Apartment and Retail Building
For Sale
$475,000
Pending

30 East 25th Street, Baltimore, MD 21218

Six-unit property combines four apartments with two street-level suites for a diversified tenant mix.

Property Size3,135 SF
Days on Market149

Property Features for 30 East 25th Street

General Information

Standard status Pending
Size 3,135 SF
Property subtype Multi-Family / Fee Simple
Zoning C-1

Additional Details

Cap Rate 9.2%
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,349

Amenities

No Pool

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Ben Frederick Realty, Inc.
Listed By: Will A Cannon III · License #657102
Source: Compass
Added: May 27 Changed: Oct 21 Last Checked: Oct 20 at 11:56PM

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.

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Investment Insights

Based on property information with market context.

30 East 25th Street is a six-unit mixed-use building featuring four residential apartments and two commercial suites. The residential mix includes two one-bedroom apartments and two studio apartments, with kitchens that feature laminate counters, wood cabinetry, stainless steel sinks, 30-inch electric ranges, and built-in microwaves. Bathrooms include modern vanities, steel tubs, and ceramic tile surrounds. Each one-bedroom apartment includes stacked washer/dryer units. Both commercial suites are tenant fit-out with flexible layouts for office, retail, studio, or service-oriented use, and each includes a half-bath. Suite 101 has hardwood flooring, and the lower-level suite has laminate flooring.

The property is located along Baltimore’s East 25th Street commercial corridor in the Charles Village neighborhood. The building benefits from steady pedestrian activity and visibility associated with the corridor, and Johns Hopkins University’s Homewood Campus is approximately five blocks to the north. Walk Score is 96, Transit Score is 80, and Bike Score is 85.

As an all-electric asset, the building uses separate systems for residential and commercial spaces, with each unit and suite served by its own electric heat pump with central air conditioning and its own electric water heater. Seven electric meters serve the property, and the landlord currently pays public service electric and water and sewer, with potential to implement water bill-back practices to improve operating efficiency. The current operations reflect diversified market rents across apartment and street-level commercial tenancy.

Key Highlights

  • Six‑unit mixed‑use building: four residential apartments plus two street‑level commercial suites at 30 East 25th Street
  • Residential mix includes two 1‑bedroom apartments and two studio apartments
  • Each residential unit includes stacked washer/dryer; kitchens feature laminate counters, wood cabinetry, electric ranges, and built‑in microwaves

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,371
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,420 $727.4K
Cap Rate 7%
$519,586 $519.6K
Cap Rate 9%
$404,122 $404.1K
Market Conditions
NOI Build-Up for 3,135 SF
Gross rent
$70.7K $22.56/SF
− Vacancy
−$4.6K −$1.47/SF
EGI
$66.1K $21.09/SF
− OpEx
−$29.8K −$9.49/SF
NOI
$36.4K $11.60/SF
Area
ZIP 21218
Vacancy
6.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,420
Cap Rate 7%
$519,586
Cap Rate 9%
$404,122

Alternative Uses

Best Use
Apartment 5plus
$519.6K
$454.6K – $606.2K (±1% cap)
NOI $36,371 @ 7.0% cap · market cap 7.66%
Second Best
Retail
$437.9K
$383.2K – $510.9K (±1% cap)
NOI $30,653 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$852.4K
$745.8K – $994.4K (±1% cap)
NOI $59,665 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Start Car Battery Auto Repair Shop S Foreman & Associates ... Accounting Firm OUFTUR COUTURE Clothing Store Qodesh Professional Services ... Civil Engineer Passion Of Hope International Association Or Organization

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,933
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit property combines four apartments with two street-level suites for a diversified tenant mix.
Where is this apartment building located?
The property is located at 30 East 25th Street Baltimore, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Six‑unit mixed‑use building: four residential apartments plus two street‑level commercial suites at 30 East 25th Street; Residential mix includes two 1‑bedroom apartments and two studio apartments; Each residential unit includes stacked washer/dryer; kitchens feature laminate counters, wood cabinetry, electric ranges, and built‑in microwaves
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