USAMDBaltimoreOld Goucher2318 N Charles Street
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2318 N Charles Street, Baltimore, MD

House

For Sale

Listed price in listed location currency (USD).
$1,350,000

000

MLS® MDBA2218406

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 19518 sqft
Garage 
Taxes $26,627
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $69
MLS® Number MDBA2218406

Property Address: 2318 N Charles Street, BALTIMORE, MD, 21218

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

Description

Rare opportunity to acquire a 20-unit mixed-use portfolio along North Charles Street in Old Goucher. Comprised of four connected buildings with approximately 82 feet of frontage, the property includes 5 commercial spaces, 14 licensed apartments, and 1 unlicensed carriage house apartment with attached garage. The asset has been under the same ownership for approximately 50 years with limited capital improvements, resulting in deferred maintenance and below-market residential rents. Investors may pursue multiple value-creation strategies, including bringing existing apartments to market rents, renovating units over time, re-tenanting commercial spaces, or undertaking more significant property improvements. 80% of the commercial tenants have occupied the property for more than 20 years, providing established tenancy along one of Baltimore's primary commercial corridors. Residential units consist primarily of one-bedroom apartments with additional two-bedroom and one-bedroom-with-den layouts. Located in Old Goucher, this value-add opportunity benefits from proximity to Charles Village, Station North, Remington, and Mount Vernon. North Charles Street provides direct connectivity from Towson through Baltimore City and into South Baltimore, supporting both residential and commercial demand. Offered at $67, 500 per unit and $69 per square foot, the property is positioned for an investor willing to take on deferred maintenance in exchange for scale, frontage, and upside. The existing configuration supports a value-add approach through rent growth and phased renovations, while the large footprint along North Charles Street may also appeal to buyers considering a more comprehensive redevelopment strategy over time.
MLS® NumberMDBA2218406
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2318 N Charles Street, Baltimore, MD

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