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Three-Unit Multifamily Property
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521 S Wolfe St, Baltimore, MD 21231

Includes a two-bedroom residence and two one-bedroom apartments with private outdoor areas and in-unit laundry.

Property SizeContact for details
Days on Market143

Property Features for 521 S Wolfe St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR
Multifamily Units 3

Amenities

in-unit washer/dryer
deck
patio

Building Details

Buildings 1
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:59AM

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

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes one two-bedroom, one-bathroom apartment arranged across three stories and two separate one-bedroom apartments. The larger residence includes a loft bedroom and a recently renovated kitchen with granite countertops, shaker cabinets, and stainless steel appliances. The two one-bedroom units feature laminate countertops, wood cabinetry, electric ranges, and dishwashers. One has a rear wood deck, while the other includes a concrete patio.

The building is all-electric and served by four separate electric meters. Each apartment has its own electric heat pump, air conditioning, water heater, washer, and dryer. A utility bill-back program is in place for public service utilities, and tenants pay their own electric service. The property is located at 521 S Wolfe St in Baltimore’s Fell’s Point neighborhood, near Thames Street and the waterfront.

Key Highlights

  • Three apartments: one two‑bedroom unit and two one‑bedroom units
  • Two‑bedroom apartment spans three stories and includes a loft bedroom
  • Recently renovated kitchen with granite countertops, shaker cabinets, and stainless steel appliances

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Pet Store Nursing Home Tanning Salon

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

2,982
Businesses Nearby

Demographics for 21231, MD

17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
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?
Triplex - Includes a two-bedroom residence and two one-bedroom apartments with private outdoor areas and in-unit laundry.
Where is this triplex located?
The property is located at 521 S Wolfe St Baltimore, MD.
What are key features of this property?
This property features: Three apartments: one two‑bedroom unit and two one‑bedroom units; Two‑bedroom apartment spans three stories and includes a loft bedroom; Recently renovated kitchen with granite countertops, shaker cabinets, and stainless steel appliances
(410) 235-9500 Call to check price and availability
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