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Two-Building Apartment Investment
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820 W Lombard Street, Baltimore, MD 21201

Two apartment buildings totaling 8 units, with coin laundry, 5 parking spaces, and separate gas and electric meters.

Property SizeContact for details
Days on Market134

Property Features for 820 W Lombard Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

coin operated laundry
Listing Agency: Harbor Stone Advisors
Listed By: Justin Verner · License #MD 630799
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:33PM

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 Harbor Stone Advisors

Investment Insights

Based on property information with market context.

The West Lombard Apartments offer a two-building residential income opportunity with a total of 8 apartments. The unit mix is four 1-bedroom/1-bath apartments and four 2-bedroom/1-bath apartments. Interiors include laminate hardwood floors, formica countertops, and laminate bathroom flooring, and some units have central heating and air.

The property includes a 5-car parking lot and a garage structure that can be demolished for additional parking. Coin-operated laundry is available on site, and each unit is separately metered for gas and electric. The properties are described as limited lead free.

Units are configured as 1-bedroom/1-bath and 2-bedroom/1-bath layouts within two apartment buildings, supporting straightforward, separately metered utility billing for residents.

Key Highlights

  • Two apartment buildings totaling 8 units near University of Maryland Baltimore, Medical Center, and BioPark campuses
  • Unit mix: (4) 1 bed / 1 bath and (4) 2 bed / 1 bath
  • Coin‑operated laundry on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store Buffet Restaurant Plumbing 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

5,896
Businesses Nearby

Demographics for 21201, MD

18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
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?
Apartment building - Two apartment buildings totaling 8 units, with coin laundry, 5 parking spaces, and separate gas and electric meters.
Where is this apartment building located?
The property is located at 820 W Lombard Street Baltimore, MD.
What are key features of this property?
This property features: Two apartment buildings totaling 8 units near University of Maryland Baltimore, Medical Center, and BioPark campuses; Unit mix: (4) 1 bed / 1 bath and (4) 2 bed / 1 bath; Coin‑operated laundry on site
More about this property
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