Property profile

225 Mulberry St Baltimore, MD 21201

OFF-MARKET
Investment properties
Property ID
US40-2332558
1,365 SF 0.01 ac lot Built 1900
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,365 square foot vacant storefront, located at 225 W Mulberry St in Baltimore, MD 21201, presents a compelling redevelopment opportunity. The three-story building, constructed in 1900, sits on a 688 square foot lot (15x41.6 ft) and is currently available for purchase at an asking price of $75,000. The property is classified as Class D and is sold free and clear of all liens, subject to a nominal annual ground rent of $0.01. The property is vacant, offering immediate potential for renovation and repurposing. Its prime downtown location provides easy access to major traffic arteries like W Baltimore St and Saint Paul St, and proximity to key attractions including Lexington Market, University of Maryland Medical Center, Oriole Park at Camden Yards, M&T Bank Stadium, and the Baltimore Convention Center. Annual real estate taxes are $1,467.92. Please note that the property requires renovations and buyers are responsible for verifying all zoning, permits, licenses, and usage independently. This is a pre-auction offering, with the auction beginning November 13th at 10:00 AM and ending November 15th at 11:00 AM.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction BRICK
Total area 1,365 SF
Lot 0.01 ac (622 SF)
Zoning code C-5HS
APN 04-02-0578 -024
UPID US40-2332558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

225 Mulberry St Baltimore, MD 21201-3607
Baltimore metro Census 40100 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2025
Last sale
$118,000
2 recorded transactions
2025
$118,000
2005
$36,000

Zoning & alternative use

C-5HS · Baltimore, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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