#MDBA2156128, Jessica Dailey, Listing Office: Compass
215 E Preston St Baltimore, MD 21202
Property details
About 215 E Preston St
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!
Highlights
(ACTIVE)
Summary
- MLS Number: MDBA2164228
- MLS Name: BRIGHT
- Office Name: RE/MAX Advantage Realty
- Office Phone: (443) 573-9200
- Listing Agent: Photi Mavroulis
- Agent Phone: (443) 691-6590
- Agent Email: photi.mavroulis@gmail.com
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Last updated on: 4/22/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$615,000
215 E Preston St
$7,303
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 29, 2021 | Home Sold | $500,000 |
Apr 12, 2013 | Home Sold | $205,000 |
Jan 11, 2013 | Home Sold | $70,500 |
Jan 28, 2002 | Home Sold | $124,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $398,167 | $7,231 |
2023 | $306,433 | $7,231 |
2022 | $214,700 | $5,066 |
2021 | $208,233 | $4,539 |
2020 | $201,767 | $4,761 |
2019 | $195,300 | $4,587 |
2018 | $192,367 | $4,539 |
2017 | $189,433 | $4,470 |
History based on county public records data.
Nearby schools
3
Johnston Square Elementary School
Public District PK-5
0.4 mi
•1101 Valley St
3
Dallas F. Nicholas, Sr. Elementary School
Public District PK-5
0.6 mi
•201 E 21st St
3
Cecil Elementary School
Public District PK-5
0.7 mi
•2000 Cecil Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,514. The most common annual income of people living in Baltimore, MD is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 215 E Preston St in Baltimore, MD and zip code 21202 in the Central neighborhood. This 3,150 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $615,000.
While more than 145 listings in Baltimore, MD in March 2025 were sold above asking price, there were more than 120 listings sold at asking price, and more than 167 were sold below. The inventory of homes for sale in Baltimore, MD between February and March 2025 increased by 34.6%. While the average time on the market in March 2025 was 53 days, the median list price was $233,313.