1516 Lancaster Street, Baltimore, MD 21231

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1516 Lancaster Street,Baltimore, MD 21231
$2,400,000
  • 13 Beds
  • - Baths
  • 7,520 sq. ft.
  • Multi-family
  • Active
Listed by: james t weiskerger
Office: next step realty
MLS#:MDBA2161694
Source:BRIGHTMLS

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$319.15

About this home

Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want—high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage—a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don’t miss your chance to own a premier asset in one of Baltimore’s most desirable neighborhoods.

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Home facts

  • Year built:1920
  • Listing ID #:MDBA2161694
  • Added:231 day(s) ago
  • Updated:February 12, 2026 at 02:29 PM

Rooms and interior

  • Bedrooms:13
  • Living area:7,520 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Building area:7,520 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$319.15
  • Tax amount:$1,920 (2024)

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