Property summary
This 3-story, 5,268 sq ft apartment building in Baltimore, MD (21231) presents a compelling investment opportunity. Located on Eastern Ave between Fells Point and Canton, this fee-simple property boasts five units: four 2-bedroom, 1-bathroom apartments and one commercial space currently leased to Mid-Atlantic Spinal Rehab and Chiropractic until July 2027. A complete renovation in 2020 included updated kitchens and bathrooms in the residential units, featuring black/stainless steel appliances, granite countertops, wood cabinets, hardwood flooring, and in-unit washer/dryers. The building sits on a 0.04-acre lot (APN 02-07-1783-001) and is zoned C-1. Currently at 100% occupancy, this property offers significant value-add potential due to below-market rents
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Alternative Medicine Practice
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Alternative Medicine Practice
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Alternative Medicine Practice
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Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Baltimore, MDermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Baltimore, MD.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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