Excellent investment opportunity in Baltimore’s desirable Mid-town Belvedere neighborhood, featuring a 4-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant in the process of renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals—reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.
For sale
$749,000
1115 N Calvert St, Baltimore, MD 21202
4beds
4,240sqft
Est.:
Townhouse
Built in 1900
2,618 Square Feet Lot
$722,200 Zestimate®
$177/sqft
$-- HOA
What's special
Private parking
- 43 days
- on Zillow |
- 238 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 05:06am
Listed by:
Alexander Lee 240-890-5855,
Cummings & Co. Realtors (410) 823-0033,
Co-Listing Agent: Jash Shah 240-439-3329,
Cummings & Co. Realtors
Source: Bright MLS,MLS#: MDBA2165450

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 600
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Luxury Vinyl, Tile/Brick, Wood
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 4,240
- Total interior livable area: 4,240 sqft
- Finished area above ground: 3,640
- Finished area below ground: 600
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: Four
- Stories: 4
- Pool features: None
Lot
- Size: 2,618 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0311120498 005
- Zoning: O-R-4
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $431,333
- Annual tax amount: $10,179
- Date on market: 6/4/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA,Private Financing Available,VA Loan,Seller Financing
- Ownership: Fee Simple
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