217 E Preston St

$995,000
Price
Beds
Baths
5,500 Sq. Ft.
$181 / Sq. Ft.
5,500
Sq. Ft.
$181
per Sq. Ft.

Description

Owner Occupant Opportunity! Purchase this property with 20% down, live in your 5-bedroom, 2-bathroom, 3-story house for free, and collect enough rents to pay your entire mortgage. If you can only put 5% down, then you would pay only $1,500/month to own and live in this property. Contact us for cash flow details. Owning 217 and 219 East Preston Street offers an owner to live in a renovated three-story, five-bedroom home while having a terrace level apartment to rent out or let a family friend or family...Owner Occupant Opportunity! Purchase this property with 20% down, live in your 5-bedroom, 2-bathroom, 3-story house for free, and collect enough rents to pay your entire mortgage. If you can only put 5% down, then you would pay only $1,500/month to own and live in this property. Contact us for cash flow details. Owning 217 and 219 East Preston Street offers an owner to live in a renovated three-story, five-bedroom home while having a terrace level apartment to rent out or let a family friend or family member live in. Next door, is another five-bedroom home plus a one-bedroom, terrace level apartment. The five-bedroom 217 E Preston townhome has been renovated and updated, with new kitchen with stainless steel appliances, hardwood floors that are in great shape, and two updated bathrooms, creating a really nice home in which to live. For investors, this purchase means owning 2 rentable five-bedroom townhomes next to e ach other and two one-bedroom terrace apartments.
  1. Listed by Will A Cannon III • Ben Frederick Realty, Inc.
    P: (410)-916-3331 will@benfrederick.com

Property Details for 217 East Preston Street

Tax ID Number
0311010486 022
Ownership
Ground Rent
Structure Type
Interior Row/Townhouse
Style
Converted Dwelling
Waterfront
No
Garage
No
Legal Subdivision
Ward 11
Municipality
Baltimore City
LISTING UPDATED: 10/09/2025 02:47 PM

Property Details for 217 East Preston Street

StatusActive
MLS #MDBA2176238
Days on Market157
Taxes$10,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Ground Rent
Year Built1900
Lot Size0.07 AC / 3,000 SF
CountyBaltimore Independent City

Location

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

Building Information for 217 East Preston Street

Stories-Residences4Year Built1900Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$5,797 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$880

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 East Preston 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: 2024
  • Tax Assessed Value: $455,300
  • Year Assessed: 2025
  • County Tax: $501
  • Improvement Assessed Value: $290,300
  • City Town Tax: $10,063
  • Land Assessed Value: $165,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: M
  • Section: 01
  • Zoning: OR-2
  • Zoning Dscrp: Licensed for 4 Dwelling Units
  • Tax Lot: 022
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
Financial Information
Financial Information
  • Annual Rental Income: $4,909
  • Cap Rate: 8.57
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,500.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20' x 100'
  • Lot Dimensions Source: Estimated
  • Parcel ID: 12946926
  • Ground Rent Exists: No
  • Ground Rent Amount: $90
  • Ground Rent Payment Frequency: Semi-Annually
  • Capitalized Value-Ground Rent: $1,500
  • Ground Rent Years Remaining: 99
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 4
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, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water, Radiator, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 217 East Preston Street

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Price Change

BRIGHT #MDBA2176238

$995,000
Jul 17, 2025

Listed (Active)

BRIGHT #MDBA2176238

$1,100,000
Jun 1, 1999

Withdrawn

BRIGHT #MDBA401578

Mar 11, 1999

Listed (Active)

BRIGHT #MDBA401578

$195,000
Feb 23, 1998

Withdrawn

BRIGHT #MDBA417054

$110,000
Feb 23, 1998

Listed (Active)

BRIGHT #MDBA417054

$110,000
DateEvent & SourcePrice
10/08/2025

Price Change

BRIGHT #MDBA2176238

$995,000
07/17/2025

Listed (Active)

BRIGHT #MDBA2176238

$1,100,000
06/01/1999

Withdrawn

BRIGHT #MDBA401578

03/11/1999

Listed (Active)

BRIGHT #MDBA401578

$195,000
02/23/1998

Withdrawn

BRIGHT #MDBA417054

$110,000
02/23/1998

Listed (Active)

BRIGHT #MDBA417054

$110,000

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

Public Records for 217 East Preston Street

Taxable ValueLand$165,000Additions$290,300Total$455,300
Tax Record2023$10,383 ($865 / month)
Home Facts
Lot Size3,000 SqFtStyleMulti-Family Dwelling (2-4)ZoningOR-2CountyBALTIMORE CITYAPN11-01-0486 -022

Schools near 217 East Preston Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mount Royal Elementary/Middle School
PublicPK to 8

Booker T. Washington Middle School
Public6 to 8

Vivien T. Thomas Medical Arts Academy
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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217 East Preston Street is a multi-family home for sale in Baltimore, MD 21202. This property was listed for sale on July 17, 2025 by Ben Frederick Realty, Inc., it's currently listed at $995,000. This listing's school district is Baltimore City Public Schools. Nearby schools include Mount Royal Elementary/Middle School, Booker T. Washington Middle School and Augusta Fells Savage Institute Of Visual Arts. 217 East Preston Street is a 0-bed, 0-bath, 5,500 sqft multi-family home built in 1900.

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 10/09/2025 02:47 PM