USAMDBaltimoreCharles Village2924 Saint Paul St

New

$570,000

For Sale

3 days ago

2924 Saint Paul St, Baltimore, MD

Name: 2924 Saint Paul St, For Sale in Baltimore - eXp Realty
Brand: Ben Frederick Realty, Inc.
SKU: MDBA2219836
Price: 570000 USD

House

MLS® MDBA2219836

0 Bed

0 Bath

5500 sqft

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 5500 sqft

Garage

Taxes $5,900

Days Active 2

Lot Size 0.07 Acres

Approx. Age 1900

Avg. Price Per Sqft $103

MLS® Number MDBA2219836

Property Address: 2924 Saint Paul St, BALTIMORE, MD, 21218-4133

Average square foot calculated using Size range provided by listing agent.

Description

2924 Saint Paul Street presents a Charles Village value-add apartment building with below-market rents, deferred maintenance, and long-term ownership history. Investors have the flexibility to execute a renovation strategy that matches their budget and goals, whether through cosmetic apartment updates, mid-grade renovations, complete gut rehabs as units become available, or capital improvements to the building’s systems and common areas. The property consists of 4 apartments: 3 two-bedroom apartments and 1 one-bedroom apartment. The apartments are notably large, with two bi-level layouts, Apartment 2 occupying the full second floor, and Apartment 3 occupying the full third floor. Kitchens have been modernized over time with newer laminate countertops, wood cabinetry, and 20" or 30" gas ranges. Bathrooms have modern vanities and steel or cast-iron tubs, with surrounds consisting of vinyl, fiberglass, or ceramic tile. 2924 Saint Paul is located just two blocks from Johns Hopkins University’s Homewood campus and one block east of Wyman Park Dell, placing the property directly in one of Baltimore’s strongest student and professional rental corridors. The Johns Hopkins Shuttle stops just two blocks south, connecting riders to Peabody, Johns Hopkins Hospital, Broadway research facilities, and Bayview Medical Center. Current rents remain below prevailing market levels in the Hopkins corridor, creating a clear path to income growth as leases turn. At the asking price of $570, 000, the property is offered at $142, 500 per unit and $182 per sq. ft., with projected market-rent metrics of 7.7x GRM, 8.70% cap rate, and 10.0% projected cash-on-cash return. A rare opportunity to acquire a 4-unit Charles Village apartment building with large layouts, rent growth upside, and long-term demand driven by Johns Hopkins University.

MLS® NumberMDBA2219836

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

Basement

DrivewayDriveway

Garage Spaces

HeatRadiator, Natural Gas

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 16, 2026List Date

$570,000List Price

Commute

Commute

Starting Address

Destination Address

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