Property profile

701 Dolphin St Baltimore, MD 21217

OFF-MARKET
Apartment buildings
Property ID
US40-2216415
2,720 SF Built 1920
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This is a pre-auction opportunity to acquire a three-story, end-unit townhouse located at 701 Dolphin St, Baltimore, MD 21217. The property, built in 1920, is a Class D multifamily building with two units and a total of 2,720 square feet of net rentable space situated on a 1,280 square foot lot (16x80). Currently vacant and requiring renovation, this property presents a compelling redevelopment opportunity. Architectural plans suggest the potential to create two units, each featuring three bedrooms and two and a half bathrooms. The property is conveniently located in the Upton neighborhood, just minutes from the University of Maryland Medical Center Midtown Campus and the Upton Metro Station, with easy access to West Franklin Street. Annual property taxes are $243.86. The property is sold as fee simple, free and clear of all liens. The permitted zoning is R-6. Pre-auction offers are being accepted, with the auction itself running from November 29th to December 3rd. Prospective buyers are responsible for independently verifying all zoning, permits, licenses, and usage information. The asking price is $40,000.

Property profile

Verified
Property type Apartment buildings
Year built 1920
Total area 2,720 SF
UPID US40-2216415

Cap rate & NOI

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

Location

701 Dolphin St Baltimore, MD 21217
Baltimore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$45,000
2024
$7,000

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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