343 SCOTT Street, Baltimore, MD 21230
- Added:
- Jun 11, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 15 at 9:06 am
Property Features for 343 SCOTT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Driveway
- Appliances
- Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
- Standard status
- Active
- Size
- 1,862 SF
Taxes and HOA fees
- Tax Annual Amount
- 4292
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Clausen Ely III License #583227 (202) 494-4700
Listing office Results 1 Realty LLC 754 WASHINGTON Boulevard, Baltimore, MD (410) 576-8522
Listing date Jun 11, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully leased duplex with both units on annual leases
- Monthly income currently $3,400 plus $100 water reimbursement
- 4‑story historic corner‑lot duplex with Federal architectural style and brick construction
- Each unit offers 2 levels of living
- Appliances include stainless steel set, built‑in microwave, dishwasher, refrigerator, washer, dryer, and electric oven/range
- Parking includes a driveway and a connected lot currently used as a yard/garden (could support additional parking or expansion)
Overview
The property’s frontage and layout sit on Scott Street in Baltimore, and the surrounding area provides convenient access to the UMAB Grad Campus shuttle, along with nearby shopping on Historic Pigtown Main Street. The remarks also note proximity to the University of Maryland, Baltimore Campus, stadiums, the Inner Harbor, Downtown, and the nearby Casino Entertainment District.
For tenants and buyers seeking an income-producing residential structure, the duplex is already fully occupied under annual agreements. The site includes parking for at least two cars, plus a connected lot currently used as a yard and garden that could potentially be adapted for additional parking or room for expansion of the building. The listing is also presented with a stated 6+% cap rate and current monthly income of $3,400, plus $100 in water reimbursement.
Local Financial Insights For Multifamily LT 5
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 | $41.3k | $22.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $39.1k | $20.98 |
| − OpEx | −$11.7k | −$6.29 |
| NOI | $27.3k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.62864
- Latitude
- 39.28389
