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513 N Schroeder St, Baltimore, MD 21223

Baltimore
Local realty services provided by:CENTURY 21 Rauh & Johns
513 N Schroeder St,Baltimore, MD 21223
$219,900
  • 4 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john e rawlings
Office: samson properties
MLS#:MDBA2212642
Source:BRIGHTMLS

Price summary

  • Price:$219,900

About this home

Turnkey 2-unit income-producing property offering strong and stable cash flow at the new price of $219,000. Property features a 3-bedroom unit with market rent of approximately $1,600/month and a 1-bedroom unit generating approximately $1,000/month, for a total projected gross income of $2,600/month. Each unit is equipped with central air and tenants pay their own utilities, helping to keep operating expenses low and predictable. Estimated cap rate near 10% with solid DSCR makes this an attractive opportunity for investors or owner-occupants. Separate units provide flexibility and reduce vacancy risk. A well-positioned asset with consistent rental demand.

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Home facts

  • Year built:1920
  • Listing ID #:MDBA2212642
  • Added:37 day(s) ago
  • Updated:June 03, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Cooling:Ceiling Fan(s), Central A/C
  • Heating:90% Forced Air, Electric, Heat Pump(s), Natural Gas

Structure and exterior

  • Year built:1920
  • Lot area:0.03 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$219,900
  • Tax amount:$5,035 (2025)

Parking

  • Parking description:On Street

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