Four-Unit Apartment
For Sale
$395,000
885 W LOMBARD STREET, Baltimore, MD 21201
Licensed residential income property with one vacant apartment, off-street garage parking, and proximity to the University of Maryland.
Property Size3,705 SF
Price / SF$106.61
Days on Market10
Property Features for 885 W LOMBARD STREET
General Information
Standard status
Active
Size
3,705 SF
Total Parking Spaces
2
Property subtype
Quadruplex
Occupancy
75%
Additional Details
Gross Income
$33,840
Utilities to Site
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,818
Building Details
Building Size
3,705 SF
Year Built
1890
Buildings
1
Listing Agency:
Ben Frederick Realty, Inc.
Listed By:
Will A Cannon III · License #657102
(410) 916-3331
Source:
Thehulsmangroup
Added: Sep 18
Changed: Sep 26
Last Checked: Sep 26 at 11:17AM
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, Inc.
Investment Insights
Based on property information with market context.
This licensed four-unit apartment property contains 3,705 square feet and was built in 1890. Three apartments are occupied, while the fourth is vacant for an owner-occupant or future lease-up. Interior features include wood kitchen cabinetry, laminate countertops, stainless-steel sinks, modern bathroom vanities, and laminate or ceramic flooring. Three units have individual gas-fired furnaces; the remaining apartment uses an electric wall unit for heating and air conditioning.
The property includes a two-car garage and is located at 885 W Lombard Street in Baltimore's Hollins Market area. The University of Maryland graduate and professional schools are two blocks away, with UMMC, the University of Maryland BioPark, downtown Baltimore, and Martin Luther King Jr. Boulevard nearby. Utility infrastructure includes five electric meters and three gas meters.
The property includes a two-car garage and is located at 885 W Lombard Street in Baltimore's Hollins Market area. The University of Maryland graduate and professional schools are two blocks away, with UMMC, the University of Maryland BioPark, downtown Baltimore, and Martin Luther King Jr. Boulevard nearby. Utility infrastructure includes five electric meters and three gas meters.
Key Highlights
- Licensed four‑unit apartment building with three occupied apartments and one vacant unit
- 3,705‑square‑foot property built in 1890
- Two‑car garage provides off‑street parking
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,823
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Licensed residential income property with one vacant apartment, off-street garage parking, and proximity to the University of Maryland.
Where is this quadplex located?
The property is located at 885 W LOMBARD STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Licensed four‑unit apartment building with three occupied apartments and one vacant unit; 3,705‑square‑foot property built in 1890; Two‑car garage provides off‑street parking
