Change Real Estate Presents:

118 E 24th
Baltimore MD 21218

Sold for $899,000.00 Closed

Close Date: 2026-03-30

Baltimore
3,720 build ft2
1,307 land ft2

About This Property

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.

Listing Agent: Hunter Anthony DeCesare. Berkshire Hathaway HomeServices PenFed Realty 443-401-3007 hunter.decesare@penfedrealty.com

Virtual Tours / Videos

https://media.recreativevisual.com/118-E-24th-Baltimore-MD-21218/idx

Property Features

Location Information
County:
Subdivision: None
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Interior Features
Appliances: Built-In Microwave, Built-In Range, Disposal, Exhaust Fan
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Other, Central A/C, Ceiling Fan(s)
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1920
Legal Subdivision: Ward 12
Exterior Features: Bump-outs, Chimney Cap(s), Fire Escape, Gutter System
Garage Spaces: 1.0
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Hunter Anthony DeCesare. Berkshire Hathaway HomeServices PenFed Realty 443-401-3007 hunter.decesare@penfedrealty.com

Property Photos [Click to enlarge]

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