Positioned in a burgeoning area of Baltimore and with the combination of renovated apartments and its proximity to business centers and downtown suggests a strong potential for rental income growth. Comprising 5 renovated apartments spread across two lots, this property stands out for its promising Pro Forma 21% Cash-on-Cash (COC) return, showcasing its robust financial performance. Prime investment opportunity in Baltimore's growing district. Five renovated apartments across two lots. Potential for 21% Cash-on-Cash return. Includes spacious grass area enhancing property appeal. Great entry price of 75K a door Featuring Stainless steel appliances, Vinyl wood flooring and tan cabinets
Sold for $291,500
$291,500
2550 W Lombard St, Baltimore, MD 21223
6beds
--baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$2,377 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,377/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mendel Dalfin 410-498-5408,
Midfield Realty
Bought with:
NON MEMBER, 0225194075
Non Subscribing Office
Source: Bright MLS,MLS#: MDBA2118696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Other
Cooling
- Other
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0320062175 048
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Tax assessed value: $24,000
- Annual tax amount: $566
- Date on market: 3/21/2024
- Listing agreement: Exclusive Agency
- Ownership: Other
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/10/2026 | Listed for sale | $375,000+28.6% |
Source: Owner Report a problem | ||
| 9/23/2025 | Sold | $291,500+13.2% |
Source: Public Record Report a problem | ||
| 6/15/2024 | Sold | $257,500-31.3% |
Source:  Bright MLS #MDBA2118696 Report a problem | ||
| 5/10/2024 | Contingent | $375,000 |
Source: Bright MLS #MDBA2118696 Report a problem | ||
| 3/21/2024 | Listed for sale | $375,000+56.3% |
Source: Bright MLS #MDBA2118696 Report a problem | ||
| 9/6/2022 | Sold | $240,000+71.6% |
Source: Public Record Report a problem | ||
| 10/5/2019 | Listing removed | $800 |
Source: Zillow Rental Network Report a problem | ||
| 8/4/2019 | Listed for rent | $800 |
Source: Zillow Rental Network Report a problem | ||
| 4/2/2019 | Listing removed | $800 |
Source: Zillow Rental Network Report a problem | ||
| 3/1/2019 | Listed for rent | $800 |
Source: Zillow Rental Network Report a problem | ||
| 8/25/2005 | Sold | $139,900+599.5% |
Source: Public Record Report a problem | ||
| 11/21/1996 | Sold | $20,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $154,667 +73.1% |
| 2024 | $2,108 +272.2% | $89,333 +272.2% |
| 2023 | $566 +12.1% | $24,000 |
| 2022 | $505 +13.8% | $24,000 +27.7% |
| 2021 | $444 +16% | $18,800 +16% |
| 2020 | $382 +2.5% | $16,200 |
| 2019 | $373 +2.6% | $16,200 +5.2% |
| 2018 | $363 +2.7% | $15,400 +2.7% |
| 2017 | $354 -40.2% | $15,000 |
| 2016 | $592 | $15,000 |
| 2015 | $592 | $15,000 -40% |
| 2014 | $592 | $25,000 |
| 2013 | -- | $25,000 |
| 2012 | -- | $25,000 |
| 2011 | -- | $25,000 |
| 2010 | -- | $25,000 |
| 2009 | -- | $25,000 |
| 2008 | -- | $25,000 |
| 2007 | -- | $25,000 |
| 2006 | -- | $25,000 -16.7% |
| 2005 | -- | $30,000 |
| 2004 | -- | $30,000 |
| 2003 | -- | $30,000 |
| 2002 | -- | $30,000 |
| 2001 | -- | $30,000 |
Find assessor info on the county website
Neighborhood: Shipley Hill
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Nearby schools
GreatSchools rating
- 1/10Frederick Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Bluford Drew Jemison Stem Academy WestGrades: 6-12Distance: 1.2 mi
- 2/10Vivien T. Thomas Medical Arts AcademyGrades: 9-12Distance: 1 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.
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- Maryland
- Baltimore City
- Baltimore
- 21223
- Shipley Hill
- 2550 W Lombard St
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