316 S Broadway, Baltimore, MD 21231

Baltimore
Local realty services provided by:ERA Valley Realty
316 S Broadway,Baltimore, MD 21231
$475,000
  • 4 Beds
  • - Baths
  • 4,928 sq. ft.
  • Multi-family
  • Active
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2227694
Source:BRIGHTMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$96.39

About this home

The property currently averages $1,300 per residential unit, below the projected market rent of $1,962, creating significant income growth potential through residential repositioning. Additional upside comes from leasing the vacant commercial space at a projected market rate of $2.27/SF. At Year 1 stabilization, the property is projected to generate $77,234 in NOI, equating to a 16% cap rate, increasing to 17% by Year 5 through contractual rent escalations. Achieving these returns will depend on successful residential repositioning and commercial lease-up. The two-story mixed-use property includes two residential units totaling approximately 2,240 SF and one vacant 3,520 SF retail unit, for 5,760 SF of total building area. Built in 1920 and zoned C-1, the property features updated interiors including wood-look flooring, modern vanities, ceiling fans, updated toilets, and marble-look bathroom tile. The property is lead-free certified and benefits from a Walk Score® of 100 and Transit...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:MDBA2227694
  • Added:91 day(s) ago
  • Updated:November 13, 2026 at 03:01 PM

Rooms and interior

  • Bedrooms:4
  • Flooring:Wood
  • Living area:4,928 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:4,928 sq. ft.
  • Architectural Style:Traditional

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$96.39
  • Tax amount:$6,347 (2025)

Features and amenities

  • Amenities:120/240V

New listings near 316 S Broadway