1602 Cypress St

$565,000
Price
Beds
Baths
2,868 Sq. Ft.
$197 / Sq. Ft.
2,868
Sq. Ft.
$197
per Sq. Ft.

Description

A flexible and affordable living opportunity: the vacant ADA apartment allows an owner-occupant to live on-site while the other three units help offset monthly expenses. With 20% down, estimated PITI is about $1,138/month, or approximately $95/month with FHA 3.5% down (call us to learn more). This setup provides an accessible path into homeownership with built-in rental income and long-term financial stability. Each apartment is fully renovated, featuring quartz countertops, wood cabinets, stainless-steel...A flexible and affordable living opportunity: the vacant ADA apartment allows an owner-occupant to live on-site while the other three units help offset monthly expenses. With 20% down, estimated PITI is about $1,138/month, or approximately $95/month with FHA 3.5% down (call us to learn more). This setup provides an accessible path into homeownership with built-in rental income and long-term financial stability. Each apartment is fully renovated, featuring quartz countertops, wood cabinets, stainless-steel appliances, vinyl plank flooring, ceramic tile baths, and in-unit washers and dryers—all upgrades that support strong rentability and reduce future maintenance needs. One unit is fully ADA-compliant with ramp access, roll-under sink, and barrier-free shower, a rare feature that expands the potential tenant pool and adds long-term leasing flexibility. The building includes four 2023 electric heat pumps and four 2023 electric water heaters, offering modern mechanical systems that minimize repair costs and improve operating efficiency. Separately metered electric with landlord bill-back for public service electric and City water keeps owner expenses low and maximizes return. C-PVC and PVC plumbing provides reliable, low-maintenance infrastructure. 1602 Cypress is Limited Lead-Free, reducing paperwork and costs at turnover and lowering landlord liability. A three-car rear parking pad adds everyday convenience for tenants and enhances the building’s appeal. Located near major employment hubs—including the Port of Baltimore, Amazon distribution centers, and Tradepoint Atlantic—this property benefits from strong workforce housing demand and consistent occupancy. With updated systems, strong rents, and an owner-occupant opportunity rarely available in this price range, 1602 Cypress Street is a practical and well-positioned investment in South Baltimore.

Property Details for 1602 Cypress Street

Tax ID Number
0325087202 009
Ownership
Fee Simple
Structure Type
Detached
Style
Converted Dwelling
Waterfront
No
Garage
No
Subdivision
CURTIS BAY
Subdivision
CURTIS BAY (BALTIMORE CITY MD)
LISTING UPDATED: 11/19/2025 01:01 AM

Property Details for 1602 Cypress Street

StatusActive
MLS #MDBA2192558
Days on Market32
Taxes$1,222 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.07 AC / 3,000 SF
CountyBaltimore Independent City

Location

Listing Courtesy of Ben Frederick Realty, Inc.
Add your commute

Building Information for 1602 Cypress Street

Stories-Residences4Year Built1920Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$2,894 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,792

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1602 Cypress Street

Location
Location
  • In City Limits: Yes
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $51,800
  • Year Assessed: 2025
  • County Tax: $58
  • Improvement Assessed Value: $56,200
  • City Town Tax: $1,164
  • Land Assessed Value: $14,000
  • Clean Green Assessed: No
  • Land Use Code: R
  • Section: 08
  • Zoning: R-7
  • Zoning Dscrp: Licensed for 4 Dwelling Units
  • Tax Lot: 009
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $52,476
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 30' x 100'
  • Lot Dimensions Source: Estimated
  • Parcel ID: 13047853
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 3
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 1602 Cypress Street

DateEvent & SourcePriceAppreciation
Nov 18, 2025

Listed (Active)

BRIGHT #MDBA2192558

$565,000
Apr 29, 2022

Closed (Public Record)

Public Record #1505672468

$50,000
DateEvent & SourcePrice
11/18/2025

Listed (Active)

BRIGHT #MDBA2192558

$565,000
04/29/2022

Closed (Public Record)

Public Record #1505672468

$50,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1602 Cypress Street

Taxable ValueLand-Additions-Total-
Tax Record2023$354 ($30 / month)
Home Facts
Baths2Total Finished SqFt2,868 SqFtAbove Grade Finished SqFt2,868 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920ZoningR-7CountyBALTIMORE CITYAPN25-08-7202 -009Fireplace TypeHas Fireplace

Schools near 1602 Cypress Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Curtis Bay Elementary School
PublicPK to 6

Bay-Brook Elementary School
PublicPK to 8

Booker T. Washington Middle School
Public6 to 8

Digital Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1602 Cypress Street is a multi-family home for sale in Curtis Bay, MD 21226. This property was listed for sale on November 18, 2025 by Ben Frederick Realty, Inc., it's currently listed at $565,000. It has been on the market for a total of 32 days and was last sold on April 29, 2022. This listing's school district is Baltimore City Public Schools. Nearby schools include Curtis Bay Elementary School, Bay-Brook Elementary School and Booker T. Washington Middle School. 1602 Cypress Street is a 0-bed, 0-bath, 2,868 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ben Frederick Realty, Inc.

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/19/2025 01:01 AM