$615,000

215 E Preston St Baltimore, MD 21202

$7,303
Closing credit¹
3,150 sqft
0.03 acres
$195 / sqft
Multi-Family

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

Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size3,150 sqft
BasementYes
Lot size0.03 Acres
Year built1900
ParkingConcrete Driveway, Driveway
MLS #MDBA2164228

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

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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townhome / multi-family property with brick siding

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

31%
<35k
55%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

88%
Single, No Kids
2%
Single, with Kids
8%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
56%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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