See Home Value
$191,000
↓ $1K (0.5%)
● Multifamily - Off Market

5314 WABASH AVE

BALTIMORE, MD 21215
bedrooms
Studio
bathrooms
0 Bath
$933
Est. Monthly

About This Property

** MONEY MAKER HERE ** Please confirm with the City of Baltimore to get approval to have as a 3 unit home. ** Currently set up to be a 3 unit property.  All 3 units were previously being rented for a total of $2700 per month or $32,400 gross for the year. Tenants paid water and electric bills. The property has  had one tenant renting the upper 2 levels for $1800 per month recently and now vacant for the purposes of selling. Prime investment property with strong rental potential or turn it back into a large single family home! This craftsman-style home boasts 6 bedrooms, 3 baths and 2100 total finish sq ft!  It has a New furnace and hot water heater.  For an investor to have a potential 3 unit property or if you are looking to live upstairs and do the BRRRR strategy and rent the lower level to make additional income, this property is for you!! Additional highlights include a large backyard, fully finished basement with private entrance, and large detached garage. Conveniently located near major highways, Sinai Hospital, Pimlico, public transportation, schools, parks, and shopping, making it highly attractive to renters. Don't miss out on this profitable rental opportunity! Please also see MLS number MDBA2125918 for the residential listing.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$278
HOA Dues
-
Year Built
1926

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Last updated: 3 years ago (Bright MLS #MDBA2125922)

Price History

Date / Event Date Event Price
Aug 26, 2024 Price Decreased $190,000
↓ $1K (0.5%)
Price Decreased
Aug 23, 2024 Sold
Sold
May 29, 2024 Price Decreased $199,000
↓ $26K (11.6%)
Price Decreased
May 29, 2024 Listed by Winning Edge $225,000
Listed by Winning Edge
May 25, 2024 Price Increased $224,900
↑ $85K (60.6%)
Price Increased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: 50X138

Neighborhood

  • School District Name: Baltimore City Public Schools
  • Census Tract: 280102

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 28
  • Account Number: 028200 017
  • District: 28
  • Section: 2
  • Parcel: 28-02-8200 -017
  • Block: 8200
  • Lot: 17
  • Latitude: 39.3425
  • Longitude: -76.6908

    Address

  • Full Address: 5314 Wabash Ave
  • Address - House Number: 5314
  • Address - Street Name: Wabash
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Baltimore
  • Carrier Code: C004
  • 4-Digit Zip Code: 4809
  • Zip Code: 21215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,390
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1394
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 223,931
  • High Value: 255,160
  • Low Value: 192,702

    Market Valuation

  • Market Total Value: $146,900
  • Market Land Value: $51,900
  • Market Improvement Value: $95,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,267

    Sales

  • Current Sale Recording Date: Sep 08, 2006
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 146822
  • Previous Sale Recording Date: Feb 24, 1994
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
  • Previous Mortgage Transaction Date:
  • Previous Mortgage Loan Amount:
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwestern Baltimore


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Unit for rent at 5322 Cordelia Avenue, BALTIMORE, MD, 21215

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Unit for rent at 3015 Spaulding Avenue, BALTIMORE, MD, 21215

$1,400 /mo

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3015 Spaulding Avenue #B, BALTIMORE, MD, 21215 Listing by Charlie Inez Hubbard


Frequently Asked Questions

When was property at 5314 Wabash Avenue built and last sold?
The property at 5314 Wabash Avenue was built in 1926 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 5314 Wabash Avenue is $0.
What are some comparable homes to 5314 Wabash Avenue?
There are currently no comparable homes to 5314 Wabash Avenue.