Investor Opportunity in Prime Location! This fully permitted 3-unit multifamily building is a rare gem in one of Baltimore’s most desirable neighborhoods—just steps from Penn Station, the University of Baltimore, and all the charm Mount Vernon & Belvedere have to offer. The property is in excellent condition with a long list of updates including central A/C, stylishly renovated kitchens and bathrooms, freshly painted interiors, exposed brick for added character, and a fully functional front-door intercom system. Tenants enjoy a shared laundry room in the basement, and the building includes a valuable two-car parking pad—a true bonus in the city. The basement is currently unfinished but offers ample space and potential to create a fourth unit. With high rental demand and unbeatable walkability, this property makes tenant placement a breeze. Whether you're a seasoned investor or just starting out, don’t miss your chance to own a solid income-producing property in a top-tier location! Property includes a 2.25% assumable loan!
For sale
$615,000
215 E Preston St, Baltimore, MD 21202
5beds
--baths
3,150sqft
Est.:
Townhouse
Built in 1900
-- sqft lot
$593,500 Zestimate®
$195/sqft
$-- HOA
What's special
Renovated kitchensFront-door intercom systemFreshly painted interiorsTwo-car parking padExposed brickShared laundry room
- 9 days
- on Zillow |
- 203 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
Photi Mavroulis 443-691-6590,
RE/MAX Advantage Realty 443-573-9200,
Listing Team: Mavroulis Group
Source: Bright MLS,MLS#: MDBA2164228

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Basement: Interior Entry,Exterior Entry,Rear Entrance,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,500 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0311010486 024
- Zoning: OR-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Septic, Public Sewer
- Water: Public
Community & HOA
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $489,900
- Annual tax amount: $9,397
- Date on market: 4/17/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Ground Rent
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