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118 E 24th St, Baltimore, MD 21218

Beds
8
Sqft
3,720
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeServices PenFed Realty
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Overview

This fully modernized Charles Village triplex is engineered for maximum rental performance and minimal upkeep. Every major system—including utility lines, furnaces, AC units, meters, and insulation—are months old, positioning the property for exceptionally low maintenance costs over the next 10–20 years. Unit #2 rented for $2800/m. Unit #3 rented for $2150/m.

Updated infrastructure and energy-efficient components not only reduce overhead but also enhance long-term ROI, making it a high-performing asset in Baltimore’s thriving 2025 rental market, where average rents continue to climb amid strong tenant demand and limited new supply. With its turnkey readiness and premium upgrades, this triplex has the potential to achieve the highest gross rent of any triplex in Charles Village, driven by its durability, design quality, and prime location appeal.​

Located just minutes from MedStar Union Memorial Hospital, Johns Hopkins University, and Mercy Medical Center, the property attracts a consistent pool of professionals, students, and medical staff. Commuters benefit from easy access to Baltimore Penn Station, the Charm City Circulator, and multiple MTA bus routes, ensuring seamless connectivity throughout the metro area. Nearby conveniences include Safeway on N Charles Street, Streets Market, and Waverly Farmers Market, all within walking distance for daily essentials. Local attractions such as the Charles Street Promenade, the Inner Harbor, and the Baltimore Museum of Art enhance the neighborhood’s cultural and social vibrancy.​

With a solid brick structure, attached garage, and a footprint tailored for efficient management, this property is ideally structured for investors seeking both immediate rental strength and long-term appreciation in one of Baltimore’s most stable and in-demand rental submarkets.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
8
Square feet
3,720
Lot size (acres)
0.03
Year built
1920

Garage and parking

Garage parking spaces
1

Utilities

Heating
Exhaust fan, Natural gas, Forced air
Cooling
Central air, Other, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$5,769

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDBA2186772 Last checked:

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