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215 E Preston Street

Baltimore, MD 21202

– beds
– baths
3,150 sqft
1,500 sqft lot
$195 per sqft
1900 build

Investor Opportunity in Prime Location! This fully permitted 3-unit multifamily building is a rare gem in one of Baltimore’s most desirable neighborhoods—just steps from Penn Station, the University of Baltimore, and all the charm Mount Vernon & Belvedere have to offer. The property is in excellent condition with a long list of updates including central A/C, stylishly renovated kitchens and bathrooms, freshly painted interiors, exposed brick for added character, and a fully functional front-door intercom system. Tenants enjoy a shared laundry room in the basement, and the building includes a valuable two-car parking pad—a true bonus in the city. The basement is currently unfinished but offers ample space and potential to create a fourth unit. With high rental demand and unbeatable walkability, this property makes tenant placement a breeze. Whether you're a seasoned investor or just starting out, don’t miss your chance to own a solid income-producing property in a top-tier location!

Listing courtesy of BRIGHT / RE/MAX Advantage Realty

Last checked: Checking… • Last updated Apr 17, 2025 •

MLS# MDBA2164228 —

The Building

Year Built:

1900
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

3
Structure Type:

Interior Row/Townhouse
Architectural Style:

Federal
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Basement:

Yes
Basement Type:

Interior Access, Outside Entrance, Rear Entrance, Unfinished, Walkout Stairs
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3150

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3150
Living Area SqFt:

3,150 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

215 E Preston St, Baltimore, MD 21202 from I-83 South. Take Exit 4 for Maryland Avenue. Turn left onto Maryland Avenue. Turn left onto E Preston Street. Continue for about 0.2 miles; 215 E Preston St will be on your right.
Latitude:

39.30441000
Longitude:

-76.61232000

The Property

Property Subtype:

Triplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot SqFt:

1,500 Sqft
Zoning:

OR-2
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

C
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0311010486 024
Tax Year:

2024
Tax Lot:

024
Tax Annual Amount:

$9,397
Tax Assessed Value:

$489,900
Year Assessed:

2025
County Tax:

446.00
City/Town Tax:

8951.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Septic, Public Sewer
Hot Water:

Multi-tank
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Driveway
Parking Features:

Concrete Driveway
Driveway - # of Spaces:

2

Extra Units

Vacation Rental:

No
One Bedroom Units:

1
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/16/25 Apr 16, 2025	Listed / Active	BRIGHT	$615,000

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This multifamily located in Central Baltimore, Baltimore, MD 21202 is currently for sale for $615,000. 215 E Preston Street is a 3,150 square foot multifamily with – beds and – baths. 215 E Preston Street is in the Central Baltimore neighborhood of Baltimore and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of Booker T. Washington Middle School, Patterson High School, Forest Park High School, Reginald F. Lewis High School, Vivien T. Thomas Medical Arts Academy, Benjamin Franklin High School At Masonville Cove, Frederick Douglass High School, Augusta Fells Savage Institute Of Visual Arts, Mount Royal Elementary-Middle School, and Paul Laurence Dunbar High School.

Listing Courtesy of: BRIGHT and RE/MAX Advantage Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.