Prime Investment Opportunity: Gutted 6-Unit Building Near Johns Hopkins University Student Center Located just a block away from the highly anticipated new Johns Hopkins University Student Center, this gutted 6-unit building presents an exceptional investment opportunity in one of Baltimore’s most desirable neighborhoods. With its proximity to the university, the building is perfectly positioned to serve the growing demand for student housing, faculty residences, or multi-family rentals. This property offers a blank canvas for developers, investors, or visionaries looking to capitalize on the area's rapid development. The building has been completely gutted, providing a clean slate to design and customize each unit to suit modern living standards. Whether you’re looking to create high-end student apartments or multi-family units, this property offers immense potential for value appreciation. Key Features: Prime Location: Just one block from the Johns Hopkins University Student Center, with easy access to campus, restaurants, shops, and public transportation. Fully Gutted: Ready for a full renovation—very limited demolition required. Perfect for investors looking to redesign the property to maximize rental income or resale value. Large, Spacious Units: Approved for two 3 bedroom and two 4 bedroom units, maximizing rental income potential in a high-demand market. Market rents for this space will command an average of $1,000 per month per bedroom. Bringing in $14,000 per month. Development Potential: The building's layout and zoning offer flexibility for various development projects, whether residential or mixed-use. Strong Rental Market: The Johns Hopkins University area has a consistently high demand for housing, ensuring strong rental prospects or potential for sale. This property is an ideal opportunity for those seeking to invest in a rapidly developing area of Baltimore. With thoughtful renovations, this gutted building could quickly transform into a highly profitable asset in the heart of one of the city's most sought-after locations. Don’t miss out on the chance to be part of the transformation of this dynamic neighborhood! See drawings for better understanding.
For sale
$425,000
109 E 33rd St, Baltimore, MD 21218
6beds
--baths
--sqft
Townhouse
Built in 1921
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large spacious units
- 91 days |
- 627 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Mark Simone 410-952-1352,
Keller Williams Legacy 4436609229
Source: Bright MLS,MLS#: MDBA2208428
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 3000
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Walk-Out Access,Side Entrance
- Has fireplace: No
Interior area
- Total structure area: 3,000
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Garage Faces Rear, Detached, Off Street, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Pool features: None
Lot
- Features: Corner Lot
Details
- Additional structures: Above Grade
- Parcel number: 0312193864 005
- Zoning: MULTI-FAMILY 6 UNITS
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Tax assessed value: $300,000
- Annual tax amount: $6,600
- Date on market: 4/7/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,552/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $425,000-10.5% |
Source: | ||
| 1/1/2026 | Listing removed | $475,000 |
Source: | ||
| 7/9/2025 | Listed for sale | $475,000-5% |
Source: | ||
| 7/1/2025 | Listing removed | $500,000 |
Source: | ||
| 11/27/2024 | Listed for sale | $500,000+14.9% |
Source: | ||
| 11/8/2023 | Sold | $435,000+24.3% |
Source: | ||
| 10/19/2023 | Pending sale | $350,000 |
Source: | ||
| 10/11/2023 | Listed for sale | $350,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $305,800 +5.6% |
| 2024 | $6,835 +5.9% | $289,633 +5.9% |
| 2023 | $6,454 +6.3% | $273,467 +6.3% |
| 2022 | $6,072 +0.8% | $257,300 +0.8% |
| 2021 | $6,027 +0.8% | $255,367 +0.8% |
| 2020 | $5,981 +0.8% | $253,433 +0.8% |
| 2019 | $5,935 | $251,500 |
| 2018 | $5,935 | $251,500 |
| 2017 | $5,935 -7.8% | $251,500 0% |
| 2016 | $6,436 | $251,600 |
| 2015 | $6,436 | $251,600 |
| 2014 | $6,436 | $251,600 -7.4% |
| 2013 | -- | $271,700 |
| 2012 | -- | $271,700 |
| 2011 | -- | $271,700 -13.4% |
| 2010 | -- | $313,760 +18.5% |
| 2009 | -- | $264,702 +16.6% |
| 2008 | -- | $227,060 +36.3% |
| 2007 | -- | $166,590 +7.4% |
| 2006 | -- | $155,090 +8% |
| 2005 | -- | $143,590 +8.7% |
| 2004 | -- | $132,090 +4.9% |
| 2003 | -- | $125,970 +5.1% |
| 2002 | -- | $119,850 +5.4% |
| 2001 | -- | $113,730 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Charles Village
Nearby schools
GreatSchools rating
- 2/10Barclay Elementary/Middle SchoolGrades: PK-8Distance: 0.3 mi
- 8/10Baltimore City CollegeGrades: 9-12Distance: 1 mi
- 5/10Stadium SchoolGrades: 6-8Distance: 0.8 mi
Schools provided by the listing agent
- District: Baltimore City Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Baltimore City
- Baltimore
- 21218
- Charles Village
- 109 E 33rd St






