112 E 20th St, Baltimore, MD 21218
Local realty services provided by:ERA OakCrest Realty, Inc.
112 E 20th St,Baltimore, MD 21218
$240,000
- 5 Beds
- - Baths
- 2,322 sq. ft.
- Multi-family
- Active
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2206192
Source:BRIGHTMLS
Price summary
- Price:$240,000
- Price per sq. ft.:$103.36
About this home
112 East 20th Street has been owned by the same party for about 50 years, with minimal capital improvements and rents maintained below current market levels. This long-term ownership profile creates an opportunity to acquire at a lower price per unit, with multiple paths to increase income through rent adjustments and targeted upgrades.
3-unit multifamily investment opportunity in Baltimore’s Barclay neighborhood, just five blocks north of Penn Station. Offered at $240,000 ($80,000 per unit), this income-producing property features two two-bedroom apartments and one one-bedroom apartment in a centrally located rental corridor with convenient access to Johns Hopkins University, Station North, I-83, and downtown Baltimore.
Units feature plaster walls and ceilings, a mix of wood and vinyl flooring, and functional layouts. Kitchens include wood cabinetry, with two apartments offering laminate countertops and one with a porcelain sink top. Bathrooms include cast-iron tubs with ceramic tile or vinyl surrounds.
The property is heated by a Trane gas-fired furnace with a central 40-gallon gas water heater. The building is separately metered with four electric meters and three gas meters. Currently, the landlord pays public service bills and one electric meter serving an apartment; however, a future owner could modify lease terms to transition electric service to tenants.
Located in the revitalizing Barclay neighborhood between Station North and Charles Village, the property benefits from walkable access to Penn Station with MARC and Amtrak service connecting Baltimore to Washington, D.C. and the broader Northeast corridor. Market rent projections supported by comparable units indicate strong income potential, with renovated apartments in the area achieving rents of $1,500+ per month....
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Home facts
- Year built:1890
- Listing ID #:MDBA2206192
- Added:98 day(s) ago
- Updated:June 16, 2026 at 01:39 PM
Rooms and interior
- Bedrooms:5
- Living area:2,322 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Rubber
- Year built:1890
- Building area:2,322 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Converted Dwelling
- Construction Materials:Brick
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$240,000
- Price per sq. ft.:$103.36
- Tax amount:$2,967 (2025)
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