1816 Saint Paul Street presents a four-unit apartment building in Baltimore's Charles North neighborhood, ideally situated between Charles Village and Midtown. The property includes three one-bedroom apartments and one studio apartment with current rents already near market, allowing investors to acquire a property that performs today. The all-electric building is certified Lead-Free and features individually controlled heating and cooling in each apartment, on-site coin-operated laundry, and two rear off-street parking spaces with additional income potential. Owner-occupants may also find 1816 Saint Paul Street particularly attractive. Using the suggested 80% loan-to-value financing scenario, the rental income from the remaining three apartments totals $3,475 per month against a projected monthly PITI payment of approximately $2,771. Before operating expenses, this creates a projected monthly surplus of approximately $704, allowing an owner to offset a significant portion of their housing costs while building long-term equity. Located just three blocks from Penn Station, one block south of the Station North Arts & Entertainment District, and four blocks from the University of Baltimore, the property benefits from one of Baltimore's strongest rental corridors. Residents enjoy convenient access to public transportation, major employers, restaurants, entertainment, and higher education, supporting long-term rental demand. Whether purchased as an investment or owner-occupied asset, 1816 Saint Paul Street offers stable in-place income in a premier Midtown location.
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Zillow last checked:
Listing updated:
Listed by:
Thomas H Fair410-235-5200,
Ben Frederick Realty, Inc.4102359500
Source: Bright MLS,MLS#: MDBA2223382
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Basement
Area: 799
Heating
Heat Pump, Wall Unit, Electric
Cooling
Central Air, Electric
Appliances
Included: Electric Water Heater
Features
Has fireplace: No
Interior area
Total structure area: 3,196
Total interior livable area: 2,397 sqft
Property
Parking
Total spaces: 2
Parking features: Off Street
Accessibility
Accessibility features: None
Features
Pool features: None
Lot
Size: 1,632 Square Feet
Dimensions: 17' x 96'
Details
Additional structures: Above Grade, Below Grade
Parcel number: 0312090389 034
Zoning: OR-1
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Townhouse
Materials
Brick
Foundation: Brick/Mortar
Condition
New construction: No
Year built: 1890
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Baltimore
Municipality: Baltimore City
Financial & listing details
Price per square foot: $181/sqft
Tax assessed value: $148,700
Annual tax amount: $3,908
Date on market: 7/14/2026
Listing agreement: Exclusive Right To Sell
Inclusions: 4 24" Electric Ranges, 4 Refrigerators, 1 Clothes Washer And 1 Clothes Dryer Included.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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