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Property summary
This exceptional 10-unit apartment building, known as Preston Place, presents a compelling investment opportunity in Baltimore's vibrant Historic Mount Vernon neighborhood. The property, comprised of two four-story buildings totaling 8,400 square feet on a 3,230 square foot lot, boasts a desirable location just a three-minute walk from the University of Baltimore and a half-mile from UMMC Midtown Campus. Currently operating at 100% occupancy, the building features a mix of two studio and… eight one-bedroom, one-bathroom apartments. Units include black/white appliances, wood cabinets, laminate countertops, and hardwood flooring. Extensive renovations were completed in 2018 and 2024, encompassing both units and common areas. The property is zoned OR-2 and offers significant value-add potential through light upgrades to units, such as installing stainless steel appliances and granite countertops, to capitalize on higher achievable rents in the area. An existing loan with a balance of $729,717, a 5.22% interest rate, and a maturity date of February 2029, is assumable. The property's location, strong occupancy, and renovation history make it an attractive investment with potential for substantial returns. The asking price is $1,300,000, representing $130,000 per unit. The property's APN is 11-01-0467-005. Built in 1900, this fee simple ownership opportunity is ready for a new owner to enhance its value and profitability.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 8,400 SF
- Year built
- 1900
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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