Fully Occupied Mixed Unit Apt. Building

For Sale

18 W Franklin St, Baltimore, MD 21201

This Baltimore property for sale is located at 18 W Franklin St. The general use of Fully Occupied Mixed Unit Apt. Building is multi-family and it incorporates 9,466 square feet of class C multi-family space. The current listed sale price for Fully Occupied Mixed Unit Apt. Building is $955,000. Fully Occupied Mixed Unit Apt. Building is situated on a lot that is 0.1 acre in size.

Contacts

Kayvan Mehrbakhsh, CCIM, MBA

K&M Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 9,466 SF
  • Units 1
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1820
  • Year Renovated 2016
  • Date Updated Sep 23, 2026
Discover the vibrant potential of the thriving Baltimore, MD neighborhood surrounding this sought-after property. Located in the heart of the city, the area offers a blend of historic charm and modern amenities to appeal to multifamily and high-rise investors. A short distance away, explore iconic attractions such as the Inner Harbor, renowned for its waterfront dining, entertainment, and shopping. Nearby, the historic Mount Vernon cultural district beckons with its world-class museums, theaters, and restaurants, adding to the allure of the location. With its rich history and dynamic urban energy, this area presents an exciting investment opportunity for multifamily and high-rise developers.Fully Occupied Mixed-Unit Apartment Building | Strong Investment Opportunity K & M Commercial is pleased to exclusively offer this fully occupied mixed-unit apartment building, presenting an attractive opportunity for investors seeking stable, income-producing real estate. The property benefits from consistent occupancy, established cash flow, and a compelling 6.63% capitalization rate. Current rents remain below market, providing meaningful upside potential through future rent adjustments and improved revenue performance. With a proven income stream and additional value creation opportunities, this asset offers an appealing combination of stability, immediate cash flow, and long-term growth potential.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Attractive 6.63% Cap Rate: Offers investors a compelling current return profile.
  • Below-Market Rents: Existing rents provide meaningful upside potential through future rent increases.
  • Fully Occupied: Mixed-unit apartment building with consistent occupancy and an established income stream.
  • Long-Term Growth Potential: Combines immediate cash flow and stability with opportunities to enhance revenue and overall property value.
  • Strong Cash Flow: Produces stable, immediate rental income supported by a proven operating history.

Attachments

Getting around

  • 99/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baltimore, MD
  • Neighborhood Mount Vernon
  • Zip Code 21201
  • Market Baltimore

Points of Interest

  • Mount Vernon

    0.23 miles

  • Lexington Market

    0.30 miles

  • Charles Center

    0.40 miles

  • Baltimore Arena

    0.48 miles

  • State Center

    0.58 miles

  • Cultural Center

    0.63 miles

  • Shot Tower

    0.66 miles

  • Camden Station

    0.82 miles

  • Camden Street

    0.85 miles

  • Baltimore Penn Station

    0.85 miles

  • Gulf

    0.34 miles

  • Front Street Fuel Station (Government only)

    0.41 miles

  • Exxon

    0.42 miles

  • ChargePoint

    0.48 miles

  • Marathon

    0.60 miles

  • Carroll Motor Fuels

    0.69 miles

  • Sunoco

    0.84 miles

  • BP

    0.92 miles

  • US Fuel

    0.98 miles

  • Maryland Science Center

    1.02 miles

  • 15 W. Franklin Street Garage

    0.03 miles

  • Brown's Arcade Garage

    0.15 miles

  • 601 N Calvert Street Garage

    0.23 miles

  • McAuley Garage

    0.24 miles

  • The Bunting Garage

    0.25 miles

  • 210 St Paul Place Garage

    0.26 miles

  • The Weinberg Garage

    0.28 miles

  • MAPS Employee Parking

    0.29 miles

  • Lot C

    0.30 miles

  • Lot B

    0.31 miles

  • Hotel Indigo

    0.03 miles

  • Hostelling International

    0.10 miles

  • Home2 Suites

    0.14 miles

  • Revival Baltimore

    0.15 miles

  • La Quinta Inn & Suites Baltimore Downtown

    0.19 miles

  • Embassy Suites

    0.24 miles

  • Biltmore Suites Hotel - Park Avenue Building

    0.25 miles

  • La Quinta

    0.25 miles

  • Midtown Inn

    0.25 miles

  • Biltmore Suites Hotel - Main Building

    0.26 miles

  • Po Tung Oriental Grocery

    0.15 miles

  • Streets Market & Cafe

    0.21 miles

  • Charles Plaza

    0.22 miles

  • 7 Food Market

    0.32 miles

  • Eddie's of Mount Vernon

    0.39 miles

  • The Gallery at Harborplace

    0.61 miles

  • Pratt Street Pavilion (Harbor Place)

    0.69 miles

  • Save-A-Lot

    0.73 miles

  • Light Street Pavilion (Harbor Place)

    0.74 miles

  • Marshalls

    0.74 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.