112 E 20th St, Baltimore, MD 21218

Baltimore
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
112 E 20th St,Baltimore, MD 21218
$195,000
  • 5 Beds
  • - Baths
  • 2,322 sq. ft.
  • Multi-family
  • Pending
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2206192
Source:BRIGHTMLS

Price summary

  • Price:$195,000
  • Price per sq. ft.:$83.98

About this home

112 East 20th Street has been owned by the same party for 50 years. During that time, ownership did very little in the way of capital improvements and rents were kept well below market. Rather than paying a premium for someone else’s renovation choices, an investor can buy this at a lower price per unit and renovate the property in a way that matches their own budget, goals, and style. Now offered at $195,000, this three-unit building is priced at just $65,000 per unit and $84 per square foot. The unit mix includes 2 two-bedroom apartments and 2 one-bedroom apartment, giving a buyer a manageable multifamily asset with meaningful upside. At projected market rents, the property shows an 11.20% cap rate and an 18.4% projected cash-on-cash return. Current rents are below market, leaving room for a new owner to improve income through rent increases and renovations. The building is separately metered with four electric meters and three gas meters. The landlord currently pays public...

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Home facts

  • Year built:1890
  • Subdivision & Development:BARCLAY
  • Listing ID #:MDBA2206192
  • Added:188 day(s) ago
  • Updated:September 14, 2026 at 08:15 AM

Rooms and interior

  • Bedrooms:5
  • Living area:2,322 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Roof:Rubber
  • Year built:1890
  • Building area:2,322 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Converted Dwelling
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$83.98
  • Tax amount:$2,967 (2025)

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