MLS: #MDBA2206192, Listed By: Will Cannon, Ben Frederick Realty, Inc., Source:Bright MLS
112 E 20th Street
BALTIMORE, MD 21218
5
Bed
0
Bath
2,322Sqft
0.03Acre(Lot)
112 East 20th Street has been owned by the same party for 50 years. During that time, ownership did very little in the way of capital improvements and rents were kept well below market. Rather than paying a premium for someone else’s renovation choices, an investor can buy this at a lower price per unit and renovate the property in a way that matches their own budget, goals, and style. Now offered at $195,000, this three-unit building is priced at just $65,000 per unit and $84 per square foot. The unit mix includes 2 two-bedroom apartments and 2 one-bedroom apartment, giving a buyer a manageable multifamily asset with meaningful upside. At projected market rents, the property shows an 11.20% cap rate and an 18.4% projected cash-on-cash return. Current rents are below market, leaving room
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5 -
Roofing Information
Rubber -
Interior Features
Roof: Rubber Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Cooling: None
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Building Information
Year Built: 1890 Building Area Total: 3168 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 15'6" x 80' Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1206Property Information
Subdivision: BARCLAY Source Property Type: Residential Income Postal Code Plus 4: 6039 Zoning Description: Licensed for 3 Dwelling Units Property SubType: Triplex Property Age: 136
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Listing Price Information
Listing Price: $195000
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Tax Information
Parcel Number: 0312083808 026 Tax Lot: 026 Tax Year: 2025 Annual Tax: $2967
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Parking Information
None
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1540 Kingsway Road, Baltimore, MD, 21218 | $174,900 | 3 | -- | 1,440 | 1,440 SqFt |
| 2604 Garrett Avenue, Baltimore, MD, 21218 | $290,000 | 5 | -- | 2,000 | 2,000 SqFt |
| 811 Gorsuch Avenue, Baltimore, MD, 21218 | $299,000 | 3 | -- | 2,000 | 2,000 SqFt |
| 702 Homestead Street, Baltimore, MD, 21218 | $395,000 | 6 | -- | 1,920 | 1,920 SqFt |
| 2420 Greenmount Avenue, Baltimore, MD, 21218 | $225,000 | -- | -- | -- | |
| 622 E 33rd Street, Baltimore, MD, 21218 | $510,000 | 4 | -- | 2,492 | 2,492 SqFt |
| 608 E 33rd Street, Baltimore, MD, 21218 | $289,000 | 3 | -- | 2,041 | 2,041 SqFt |
| 2405 Barclay Street, Baltimore, MD, 21218 | $350,000 | 3 | -- | 20,000 | 20,000 SqFt |
| 339 E 31st Street, Baltimore, MD, 21218 | $525,000 | 6 | -- | 3,024 | 3,024 SqFt |
| 118 E 25th Street, Baltimore, MD, 21218 | $299,999 | 6 | -- | 2,895 | 2,895 SqFt |
Similar Multifamily To 112 E 20th Street
Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 18:44
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