118 E 24th, Baltimore, MD 21218
- $899,000
- 2,790
- SqFt
- Sold Price
- $899,000
- List Price
- $950,000
- Closing Date
- Mar 30, 2026
- MLS#
- MDBA2186772
- Year Built
- 1920
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 2,790
- Total SqFt
- 3720
- County
- Baltimore City
Property Description
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.
/u.realgeeks.media/fortmeadehomes/team_photos_and_logos/Jessica_Hood_Fort_Meade_REALTOR.jpg)
Additional Information
- Stories
- 3
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Garage Spaces
- 1
- Style
- Other
- Cooling Fuel
- Electric
- Cooling
- Other, Central A/C, Ceiling Fan(s)
- Heating Fuel
- Natural Gas
- Heating
- Forced Air
- Hot Water
- Natural Gas
- Sewer Septic
- Public Sewer
- Water
- Public
- Tax Year
- 2025
- Possession
- Immediate, Negotiable
- Days on Market
- 138
- Acres
- 0.03
- Ownership
- Fee Simple