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  1. Commercial Properties
  2. MD
  3. Baltimore City

Fully Occupied Mixed Unit Apt. Building

For Sale

18 W Franklin St, Baltimore, MD 21201

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.

Key features

  • 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.

Building Details

  • For Sale $955,000
  • Property Type Multi-Family
  • Property Size 9,466 SF
  • Units 1
  • Lot Size 0.1 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1820
  • Year Renovated 2016
  • Date Updated Sep 19, 2026
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Contacts

broker
Kayvan Mehrbakhsh, CCIM, MBA

K&M Commercial Real Estate

Location

  • City Baltimore, MD
  • Neighborhood Mount Vernon
  • Zip Code 21201
  • Market Baltimore
  • Map
  • Street
  • Walk score 99/100 Walker's Paradise
  • Transit score 100/100 Rider's Paradise
  • Bike score 69/100 Bikeable
Powered by Walk Score ®

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

Sammy's Hand Car Wash

0.38 miles

Budget

0.38 miles

Avis

0.38 miles

NextCar

1.08 miles

Enterprise

1.16 miles

Wash Works

1.21 miles

Steve's Extreme Vacuum Clean & Detail LLC

1.71 miles

Quality Hand Car Wash

2.52 miles

American Limousines, Inc.

3.07 miles

Royal Farms Car Wash

3.39 miles

Warehouse No. 518

0.04 miles

The Civil

0.06 miles

Cozy Corner

0.07 miles

The Burning Hen

0.07 miles

Tio Pepe Restaurante

0.07 miles

Sotto Sopra

0.08 miles

Banthai

0.10 miles

HomeSlyce Pizza Bar

0.11 miles

Trinacria's

0.12 miles

Jack and Zach

0.13 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

Central District Baltimore Police Department

0.23 miles

Business and Employee Health Services

0.24 miles

Mercy Medical Center

0.25 miles

AHF Healthcare Center - Baltimore

0.31 miles

Mt. Vernon Pharmacy

0.32 miles

Mount Vernon Spine & Rehab

0.36 miles

Divine Marcy Inc. Counseling & Life Coaching

0.36 miles

Walgreens

0.36 miles

Baltimore City Sheriff's Office

0.37 miles

CVS Pharmacy

0.39 miles

Listing Summary

  • What is the asking price at Fully Occupied Mixed Unit Apt. Building?

    Fully Occupied Mixed Unit Apt. Building is currently listed for sale at Price on request.

  • What is the total size of Fully Occupied Mixed Unit Apt. Building?

    Fully Occupied Mixed Unit Apt. Building has a total of 9,466 square feet.

  • What is the year built for Fully Occupied Mixed Unit Apt. Building?

    The year built for Fully Occupied Mixed Unit Apt. Building is 1820.

Contact Kayvan Mehrbakhsh, CCIM, MBA
broker
Kayvan Mehrbakhsh, CCIM, MBA

K&M Commercial Real Estate

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