873 W Lombard St, Baltimore, MD 21201

Baltimore
Local realty services provided by:Better Homes and Gardens Real Estate Premier
873 W Lombard St,Baltimore, MD 21201
$325,000
  • 5 Beds
  • - Baths
  • 2,880 sq. ft.
  • Multi-family
  • Active
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2236374
Source:BRIGHTMLS

Price summary

  • Price:$325,000
  • Price per sq. ft.:$112.85

About this home

873 West Lombard Street presents a 3-unit Hollins Market apartment building with performing in-place income, a central west-side location, and modest remaining upside. Offered at $325,000, the property is projected at a 9.76% cap rate and 13.6% cash-on-cash return. Existing rents are close to market, giving investors current performance without depending on a heavy rent-growth or turnover strategy. With 3.5% down owner-occupied financing, a buyer could live in one apartment while rental income from the remaining units offsets most of the monthly payment. Based on projected rental income of $2,400 and estimated monthly PITI + PMI of $3,179, the buyer’s estimated PITI costs are covered with the rents from the other apartments — a compelling alternative to traditional renting while building equity in a 3-unit Baltimore multifamily property. With 20% down, an owner-occupant could live in one apartment for an estimated net housing cost of just $89/month, while rental income from the...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:MDBA2236374
  • Added:5 day(s) ago
  • Updated:November 03, 2026 at 08:13 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,880 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1890
  • Building area:2,880 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:$325,000
  • Price per sq. ft.:$112.85
  • Tax amount:$5,442 (2025)

Features and amenities

  • Amenities:200+ Amp Service

New listings near 873 W Lombard St