Multifamily

Halethorpe, MD Multifamily Properties for Sale

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Renovated Mixed-Use Building For Sale
Updated: Mar 5
Renovated Mixed-Use Building For Sale

1416 Sulphur Spring Rd, Halethorpe, MD 21227

$399,999
1,632 sqft
Entire building renovated in 2024.
Multiunit property with two rented units and rentable office space.
Zoned BL, suitable for business, residential, or mixed use.
Six off‑street parking spaces plus a rentable 20' x 20' garage with power.
Convenient location approximately 1 mile from UMBC and across from Arbutus Plaza.
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Renovated Mixed-Use Office and Units
Updated: Oct 15, 2025
Renovated Mixed-Use Office and Units

1416 Sulphur Spring Road, Halethorpe, MD 21227

$399,999
1,632 sqft
Entire building renovated in 2024; two‑story property with 2 rented units plus an office space available to lease.
1,054 SF office space available to lease out; commercial unit now open to lease.
Powered 20' x 20' rentable detached garage with work area and storage, plus 7 off‑street parking spaces total.
Total parking includes 9 spaces: 7 parking lot spaces plus 2 detached garage spaces.
Public water; natural gas hot water and natural gas heating; block foundation; year built 1927.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Halethorpe, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Three-Unit Apartment Building
Historic Three-Unit Apartment Building

1700 Park Avenue, Baltimore, MD 21217

$750,000
4,500 sqft

Three spacious residences combine historic architectural details with updated kitchens and baths, private outdoor space, and owner-occupant flexibility.

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6-Unit Multifamily Property
6-Unit Multifamily Property

2903 Ridge Ave, Baltimore, MD 21244

$900,000
5,641 sqft 6.80 AC lot

Three buildings contain six two-bedroom residences on a single parcel.

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Two-Unit Townhome Duplex
Two-Unit Townhome Duplex

902 Elm Ridge Ave, Baltimore, MD 21229

$295,000
1,350 sqft

Occupied residential income property with month-to-month tenancy and practical layouts suited to rental operations.

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Three-Unit Residential Triplex
Three-Unit Residential Triplex

1309 Linden Ave, Baltimore, MD 21201

$314,900
1,706 sqft

Two units are occupied, while a third is vacant for lease-up or owner-directed use.

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Halethorpe, MD Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Halethorpe, MD on our real estate platform. These investment opportunities span a total of 3,264 square feet of properties for sale, with an estimated market value of $799,998.

Sale prices for multifamily properties in Halethorpe, MD average $399,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 36K
Population Growth (5Y) +5.5%
Median Household Income $83,620
College Educated 37.6%

High-Yield Neighborhoods for Investment

Identify Halethorpe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21227 $400K

Taxes & Financing

Tax Rate (average for all types) 1.21%
Property Tax per SF $11.63 per SF
Tax Rate vs County Average 0.16 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baltimore County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Baltimore County

Residential Income

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