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Occupied Two-Unit Duplex
New
For Sale
$134,900

346 S PAYSON Street, Baltimore, MD 21223

Multi-Family, BALTIMORE, MD

Property SizeContact for details
Days on Market3

Property Features for 346 S PAYSON Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 645

Utilities

Heating system Electric (Heating), Baseboard, Forced Air

Building Details

Year built 1900
Number of units 2
Building materials Brick
Architectural style Federal
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Christopher J Cooke · License #596183
Added: Aug 20 Last Checked: Aug 22 at 8:06PM
MLS# MDBA2228610

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.

Investment Insights

Based on property information with market context.

This Federal-style duplex was built in 1900 and is constructed of brick. The property contains two separately metered units, both currently occupied, with a basement and on-street parking. Heating systems include electric, baseboard, and forced air equipment.

Located in Baltimore, the property offers access to Downtown, public transportation, major commuter routes, employment centers, shopping, dining, and surrounding neighborhoods. Its two-unit configuration and existing occupancy provide a straightforward format for residential income ownership.

Key Highlights

  • Two‑unit duplex with both units currently occupied
  • Separately metered units for individual utility monitoring
  • Federal architectural style with brick construction

Property Analytics

Current Use

Raymond Co. Corporate Office

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store

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

2
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,442
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?
Duplex - Brick residential income property with separately metered units, electric heating, and on-street parking.
Where is this duplex located?
The property is located at 346 S PAYSON Street Baltimore, MD.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Two‑unit duplex with both units currently occupied; Separately metered units for individual utility monitoring; Federal architectural style with brick construction
More about this property
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