$375,000

519 S Washington St Baltimore, MD 21231

$4,453
Closing credit¹
1,852 sqft
$202 / sqft
Multi-Family

Property details

About 519 S Washington St

Captivating Multi-Unit Investment Opportunity in Fells Point. Welcome to an extraordinary investment opportunity in the highly sought-after Fells Point neighborhood. This licensed multi-unit end-of-group property features: Separate Utilities: Each unit boasts its own gas and electric meters, water heaters, and HVAC systems. Versatile Layout: The main level includes a front commercial space with a full bath, alongside a one-bedroom, one-bath apartment. Upper Levels: The second floor hosts a one-bedroom, one-bath apartment, while the third level offers a cozy studio apartment. Current Tenancy: The commercial space is vacant and requires minor work. The first-floor apartment rents for $1,150/month, and the second-floor apartment rents for $1,100/month. The third-floor studio is currently vacant. Income Potential: With projected gross rental income of over $3,500/month, this property presents a lucrative opportunity for savvy investors. Don't miss out on this rare find in a vibrant community! Zoning is for 3 dwelling units. Buyer to verify what options are available for the commercial space.

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,852 sqft
BasementYes
Year built1920
ParkingOn Street
MLS #MDBA2151460

Summary

  • MLS Number: MDBA2151460
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Gateway LLC
  • Office Phone: (443) 318-8800
  • Office Email: broker@kwgatewayhomes.com
  • Listing Agent: Steven C Paxton
  • Agent Phone: (410) 245-6476
  • Agent Email: stevecpaxton@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: 3/14/2025, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$375,000

519 S Washington St

$4,453

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 14, 2002
Home Sold
$135,000
Sep 12, 2000
Home Sold
$110,000

Tax history

YearAssessmentProperty Tax
2024$297,367$6,527
2023$276,600$6,527
2022$272,133$6,422
2021$267,667$6,211
2020$263,200$6,211
2019$263,200$6,181
2018$263,200$6,211
2017$263,200$6,211

History based on county public records data.

Nearby schools

4

William Paca Elementary School

Public District PK-5

0.5 mi

200 N Lakewood Ave

4

Wolfe Street Academy

Public Charter PK-5

0.6 mi

245 S Wolfe St

1

Dr. Bernard Harris, Sr. Elementary School

Public District PK-5

0.9 mi

1400 N Caroline St

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 $21,442. Typical income of Baltimore, MD residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

66%
<35k
13%
35k-100k
16%
100k-200k
5%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
35%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 519 S Washington St in Baltimore, MD and zip code 21205 in the CARE neighborhood. This 1,852 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $375,000.

Over 185 listings were sold over their listed price in February 2025 in Baltimore, MD. In the same period over 189 listings were sold below the listed price and 118 listings were sold for the listed price. The inventory of homes for sale in Baltimore, MD between January and February 2025 increased by 10.3%. Listings spent 51 days on the market in February 2025, and had a median list price of $230,281 during the same period.

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

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