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217 E Preston Street

Baltimore, MD 21202

– beds
– baths
5,500 sqft
3,000 sqft lot
$200 per sqft
1900 build

Live in One, Rent the Rest: Spacious 5-Bedroom Home + 3 Rental Units in Mount Vernon 217–219 E Preston Street offers a rare opportunity to live in a newly renovated, three-story five-bedroom home while generating rental income from three additional units. Located just two blocks from Penn Station in historic Mount Vernon, this property combines flexibility, size, and location—perfect for buyers seeking both a home and a smart financial investment. The vacant five-bedroom home at 217 E Preston features refinished hardwood floors, a brand-new stainless steel appliance suite, a custom ceramic tile backsplash, exposed brick accents, and two full bathrooms—one with a clawfoot tub, the other with a steel tub. Enjoy the convenience of in-unit laundry, central air, and both a walk-out rear porch and a private second-story porch. Next door, 219 E Preston offers a tenant-occupied five-bedroom layout with original tin ceilings, interior shutters, and similar historic details. Two terrace-level one-bedroom apartments provide additional income. One has in-unit laundry, and both are currently rented. Utilities are structured for affordability, with tenants reimbursing for water, gas, and electric based on lease terms. Each building has one gas meter and two electric meters, and the landlord has set up a simple allocation model that helps offset operating costs. Rear parking is available and may be leased for additional income. Enjoy walkable access to Amtrak and MARC service at Penn Station (ideal for commuting to D.C. or New York), the Peabody Institute, University of Baltimore, MICA, and Baltimore’s top cultural venues. Bike lanes, restaurants, and historic architecture make this a standout location for both living and investing. 217-219 East Preston Street are one legal lot; Block 0486, Lot 022.

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Jul 19, 2025 •

MLS# MDBA2176238 —

The Building

Year Built:

1900
Year Built Source:

Estimated
Roof:

Rubber
New Construction:

No
Construction Materials:

Brick
Building Units Total:

4
Structure Type:

Interior Row/Townhouse
Architectural Style:

Converted Dwelling
Accessibility Features:

None
Foundation Details:

Block
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

5500
Living Area SqFt:

5,500 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement, Subject to Existing Lease

Location

Directions:

GPS
Latitude:

39.30441000
Longitude:

-76.61224000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.07
Lot Size Source:

Assessor
Lot Size Dimensions:

20' x 100'
Lot Dimensions Source:

Estimated
Lot SqFt:

3,000 Sqft
Inclusions:

4 ranges, 4 refrigerators, 2 dishwashers, 2 built in microwaves
Exclusions:

Tenant's possessions excluded
Zoning Description:

Licensed for 4 Dwelling Units
Zoning:

OR-2
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

M
Ground Rent Exists:

No
Ground Rent Years Remaining:

99
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0311010486 022
Tax Year:

2024
Tax Lot:

022
Tax Annual Amount:

$10,564
Tax Assessed Value:

$455,300
Year Assessed:

2025
County Tax:

501.00
City/Town Tax:

10063.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C, Window Unit(s)
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Hot Water, Radiator, Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool
Municipal Trash:

Yes
Cap Rate:

8.57

Parking

Total Garage and Parking Spaces:

4
Garage:

No
Type of Parking:

Off Street
Off Street - # of Spaces:

4

Extra Units

Vacation Rental:

No
One Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/17/25 Jul 17, 2025	Listed / Active	BRIGHT	$1,100,000

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This multifamily located in Central Baltimore, Baltimore, MD 21202 is currently for sale for $1,100,000. 217 E Preston Street is a 5,500 square foot multifamily with – beds and – baths. 217 E Preston Street is in the Central Baltimore neighborhood of Baltimore and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of Mount Royal Elementary-Middle School, Patterson High School, Benjamin Franklin High School At Masonville Cove, Forest Park High School, Digital Harbor High School, Reginald F. Lewis High School, Stadium School, Augusta Fells Savage Institute Of Visual Arts, Paul Laurence Dunbar High School, and Vivien T. Thomas Medical Arts Academy.

Listing Courtesy of: BRIGHT and Ben Frederick Realty, Inc..

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.