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3-Unit Multifamily Property
For Sale
$125,000

347 S SMALLWOOD STREET, Baltimore, MD 21223

Residential income property with varied unit layouts and a mix of occupied and vacant apartments.

Property SizeContact for details
Days on Market167

Property Features for 347 S SMALLWOOD STREET

General Information

Standard status Active
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence needs a cosmetic renovation

Units

Unit Mix 1 x studio, 1 x 1BR, 1 x 3BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,056

Building Details

Year Built 1900
Listing Agency: Keller Williams Legacy
Listed By: Austin J Carroll · License #660906
Source: Thehulsmangroup
Added: Mar 10 Changed: Aug 21 Last Checked: Aug 22 at 11:53AM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This 3-unit multifamily property at 347 S Smallwood Street in Baltimore includes a studio, a one-bedroom apartment, and a three-bedroom, one-bathroom apartment. The building dates to 1900 and offers distinct layouts across its residential units.

The studio is occupied by a long-term tenant. The main-level one-bedroom apartment is vacant, while the top-floor three-bedroom apartment is also vacant and requires cosmetic renovation. The property is identified as being in Carrollton Ridge, within ZIP code 21223. Buyer to verify all information provided by the agent.

Key Highlights

  • 3‑unit multifamily property built in 1900
  • Unit mix includes a studio, 1‑bedroom, and 3‑bedroom, 1‑bathroom apartment
  • Studio apartment occupied by a long‑term tenant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Cafe & Coffee Shop Accounting Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,226
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with varied unit layouts and a mix of occupied and vacant apartments.
Where is this triplex located?
The property is located at 347 S SMALLWOOD STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 3‑unit multifamily property built in 1900; Unit mix includes a studio, 1‑bedroom, and 3‑bedroom, 1‑bathroom apartment; Studio apartment occupied by a long‑term tenant
More about this property
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