Discover a prime investment opportunity in the heart of UNION SQUARE! This 3 unit contains a first floor/street level commercial space with two apartments above on the 2nd and 3rd floors. property is excellent for an owner occupant who wants to operate their business from the first floor storefront and live in one apartment upstairs and still obtain rental income from the 2nd apartment on the 3rd floor. The 2nd floor apartment has the potential to be 2 bedrooms. For the investor the property offers great cash flow as it currently sits. Improve the property and see even greater returns with a potential rental income of $4500 or more per month! Although in need of some TLC, this property is ripe for value-add renovations, allowing savvy investors to enhance its potential and maximize returns. Strategically located on a busy commercial block, and adjacent to both Union Square and Franklin Square residential areas. This property is within walking distance to multiple transportation options, including bus stops and Light rail stations, making it highly attractive for renters seeking convenience. The detached garage offers additional storage and parking, a coveted feature in urban living. With small rear outdoor space, this property is easy to maintain while providing ample rental income potential. The surrounding area is vibrant and growing, promising a steady demand for rental units. Don't miss your chance to invest in a property that combines location, character, and opportunity for significant returns!
For sale
$299,900
1427 W Baltimore St, Baltimore, MD 21223
2beds
3baths
3,690sqft
Retail
Built in 1920
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Small rear outdoor space
- 53 days |
- 288 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
JD DiGirolamo 443-506-2598,
Berkshire Hathaway HomeServices Homesale Realty (800) 383-3535,
Co-Listing Agent: Elissa Coleman 410-814-8244,
Berkshire Hathaway HomeServices Homesale Realty
Source: Bright MLS,MLS#: MDBA2210070
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Basement
- Area: 1230
Heating
- Heat Pump, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Connecting Stairway,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,920
- Total interior livable area: 3,690 sqft
Property
Parking
- Total spaces: 1
- Parking features: Storage, Garage Faces Rear, Detached
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,178 Square Feet
- Features: Urban
Details
- Additional structures: Above Grade
- Parcel number: 0319130214 014
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Retail
Materials
- Brick, Brick Front
- Roof: Built-Up
Condition
- Average
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 120/240V
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Union Square
Location
- Region: Baltimore
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $47,267
- Annual tax amount: $949
- Date on market: 5/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Bank Portfolio,Cash,FHA 203(k)
- Ownership: Fee Simple
- Total actual rent: 39600
- Income includes: Apartment Rentals, Parking, Shop Rentals
Estimated market value
Not available
Estimated sales range
Not available
$1,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $299,900-16.7%$81/sqft |
Source: | ||
| 8/16/2024 | Listing removed | $360,000$98/sqft |
Source: | ||
| 5/21/2024 | Listed for sale | $360,000+8%$98/sqft |
Source: | ||
| 1/30/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/1/2023 | Listed for sale | $333,333$90/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/17/2019 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 1/17/2019 | Listed for rent | $950 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $47,267 +17.5% |
| 2024 | $950 +21.2% | $40,233 +21.2% |
| 2023 | $784 +0.7% | $33,200 |
| 2022 | $778 +0.7% | $33,200 +1.4% |
| 2021 | $773 +0.7% | $32,733 +0.7% |
| 2020 | $767 +0.6% | $32,500 |
| 2019 | $762 +0.6% | $32,500 +1.2% |
| 2018 | $758 +0.6% | $32,100 +0.6% |
| 2017 | $753 -12.4% | $31,900 +0.8% |
| 2016 | $860 | $31,633 +0.8% |
| 2015 | $860 | $31,367 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Franklin Square
Nearby schools
GreatSchools rating
- NASteuart Hill Academic AcademyGrades: PK-6,8Distance: 0.2 mi
- 2/10Vivien T. Thomas Medical Arts AcademyGrades: 9-12Distance: 0.1 mi
- 1/10Augusta Fells Savage Institute Of Visual ArtsGrades: 9-12Distance: 0.6 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
- 21223
- Franklin Square
- 1427 W Baltimore St






