339 E 31st St, Baltimore, MD 21218
Local realty services provided by:CENTURY 21 Gold
339 E 31st St,Baltimore, MD 21218
$525,000
- 7 Beds
- 3 Baths
- 3,024 sq. ft.
- Townhouse
- Active
Listed by: jamie l koehler
Office: cummings & co. realtors
MLS#:MDBA2210260
Source:BRIGHTMLS
Price summary
- Price:$525,000
- Price per sq. ft.:$173.61
About this home
Incredible house-hacking / 3-unit investment opportunity WITH 2 READY-TO-RENT GARAGES in the heart of Baltimore’s coveted Charles Village neighborhood. Current annual rental income for units 1 and 2 combined is $34,500. If unit 3 (currently and intentionally vacant for a potential owner-occupant) were to be leased for $1,600 per month, and each garage (also currently available) were leased for $150 per month, total annual income would be $57,300. This statuesque end-of-group residence boasts three separately-metered, spacious units – each flaunting abundant natural light, wood flooring, updated kitchens with modern cabinetry, in-unit laundry, and air conditioning. UNIT 1 encompasses the entire main level, is 1 bedroom, 1 full bathroom, has window units, and is rented for $1,325 per month. The lease is to 8/31/2026. UNIT 2 encompasses the entire second level, is 3 bedrooms, 1 full bathroom, has mini-splits for heating and cooling, and is rented for $1,550 per month. The lease is to 4/30/2027. UNIT 3 is the penthouse apartment and yours to occupy or lease! It encompasses the entire third level, is 3 bedrooms, 1 full bathroom, has window units, and a cozy covered rear deck, and unlike the other two units, it is only accessible via the rear staircase, offering privacy. If you decide to lease this unit, recent rental comps support a $1,600 monthly rent. (See 2724 Saint Paul St #3rd Floor which was only 2 bedrooms/1 bathroom and rented for $1,600 on 8/16/2025. See also 2732 Maryland Ave #2 which was only 2 bedrooms/1 bathroom and rented for $1,600 on 10/1/2025.) The two rear garages are currently unrented and can be yours to utilize in tandem with your penthouse apartment, as storage for maintenance needs, or can each be rented for an estimated $150 per month. With written leases, rent paid up on the occupied units, lead certificates, and a 3-unit rental license (good though 5/8/2028) in hand, this gem delivers turnkey peace of mind. Residents are responsible for their own BGE accounts. The landlord pays the water bill. Recent improvements include : New heating system for units 1 and 3, new refrigerators for all units, and fresh wood stain, new light fixtures, and new paint for unit 3 (2023). New window units for units 1 and 3, new mini splits for heating and cooling for unit 2, and new LVP flooring, bathroom vanity, and paint throughout unit 2 (2021). There is a Special Benefits Tax in this neighborhood. The current cost for the year for this property is $392.87. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts to benefit the residents of the area. With its close proximity to the prestigious Johns Hopkins University (.5 miles), Medstar Union Memorial Hospital (.4 miles), Baltimore Museum of Art (.5 miles), downtown Baltimore (3 miles), and countless coffee shops and restaurants, the area is booming with students and professionals alike, making living here and lease-up a breeze! Schedule a showing today!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:MDBA2210260
- Added:108 day(s) ago
- Updated:July 26, 2026 at 01:55 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Luxury Vinyl Plank, Tile/Brick, Wood
- Kitchen Description:Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Water Heater
- Basement:Yes
- Basement Description:Outside Entrance, Rear Entrance, Unfinished, Walkout Stairs
- Living area:3,024 sq. ft.
Heating and cooling
- Cooling:Ductless/Mini-Split, Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,024 sq. ft.
- Lot Features:Corner, Corner Lot/Unit
- Architectural Style:Federal
- Construction Materials:Brick, Concrete
- Exterior Features:Exterior Lighting, Fire Escape, Gutter System, Porch(es), Sidewalks, Street Lights
- Levels:4 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$173.61
- Tax amount:$6,622 (2025)
Features and amenities
- Laundry features:Dryer, Washer, Washer/Dryer Stacked
- Amenities:Carbon Monoxide Detector(s), Ceiling Fan(s), Main Entrance Lock, Smoke Detector
Parking
- Parking description:Detached Garage, Garage - Side Entry, Off Street, Parking Space Conveys
- Garage:Yes
- Garage spaces:2
New listings near 339 E 31st St
- Coming Soon
$155,000Coming Soon3 beds 2 baths2946 Presstman St, BALTIMORE, MD 21216
MLS# MDBA2218434Listed by: RE/MAX ASPIRE - New
$250,000Active3 beds 2 baths1,582 sq. ft.6414 Park Heights Ave #e1, BALTIMORE, MD 21215
MLS# MDBA2225204Listed by: GREEN SUMMIT REALTY, LLC - Coming Soon
$339,900Coming Soon3 beds 2 baths1206 Riverside Ave, BALTIMORE, MD 21230
MLS# MDBA2220102Listed by: COMPASS - New
$349,000Active4 beds 2 baths1,920 sq. ft.1022 Joh Ave, BALTIMORE, MD 21229
MLS# MDBA2210136Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$124,995Active2 beds 1 baths810 sq. ft.3735 Saint Victor St, BROOKLYN, MD 21225
MLS# MDBA2225198Listed by: FAIRFAX REALTY PREMIER - New
$363,000Active3 beds 2 baths1,361 sq. ft.6812 Fox Meadow Rd, BALTIMORE, MD 21207
MLS# MDBC2170606Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - New
$239,900Active3 beds 2 baths1,363 sq. ft.1024 Gladway Rd, BALTIMORE, MD 21220
MLS# MDBC2170856Listed by: AMERICAN EAGLE REALTY, INC - Coming Soon
$299,900Coming Soon3 beds 2 baths4420 Glenmore Ave, BALTIMORE, MD 21206
MLS# MDBC2170866Listed by: KELLY AND CO REALTY, LLC - New
$60,000Active5 beds 3 baths1,854 sq. ft.920 N Gilmor St, BALTIMORE, MD 21217
MLS# MDBA2225188Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - New
$345,000Active2 beds 2 baths1,240 sq. ft.713 S Luzerne Ave, BALTIMORE, MD 21224
MLS# MDBA2225148Listed by: RE/MAX ADVANTAGE REALTY