**Three fully occupied rental units in the heart of historic Ridgely's Delight!** An attractive opportunity for investors seeking an established income-producing property in a central Baltimore location. Situated at the corner of Emory Street and Melvin Drive, this multifamily property includes three separately addressed residential units: 312 Emory Street, 314 Emory Street, and 629 Melvin Drive. All three units are currently rented, providing an existing rental income stream from the time of acquisition.
The property offers a versatile mix of residential accommodations. **312 Emory Street** features two bedrooms and one full bathroom. **314 Emory Street** offers three bedrooms and two full bathrooms, providing a larger residential layout. **629 Melvin Drive** features two bedrooms and two full bathrooms in a multilevel configuration. Together, the three units provide seven bedrooms and five full bathrooms, offering a range of layouts within a single investment property.
Interior features include updated kitchens with granite countertops, stainless steel appliances, and contemporary cabinetry, along with updated bathrooms, laminate flooring, and in-unit laundry facilities. These amenities contribute to the property's appeal as a multifamily investment and offer conveniences commonly sought by residential tenants.
**Location is a major highlight.** Ridgely's Delight is a historic residential neighborhood situated along the western edge of downtown Baltimore. The property is conveniently located near the University of Maryland, Baltimore campus, University of Maryland Medical Center, and Baltimore VA Medical Center, placing several major educational, medical, and employment destinations nearby. Oriole Park at Camden Yards and M&T Bank Stadium are also close to the neighborhood, along with the Babe Ruth Birthplace and Museum, Baltimore Convention Center, and the Inner Harbor.
The neighborhood also offers access to Camden Station's MARC and Light Rail connections, major commuter routes including I-95 and I-395, and downtown Baltimore's restaurants, entertainment, and cultural destinations. This combination of residential character, employment centers, transportation options, and recreational attractions adds to the property's location appeal.
Whether adding to an established real estate portfolio or acquiring a multifamily investment in Baltimore, this fully occupied three-unit property presents an opportunity to own rental real estate in a well-positioned historic neighborhood. Contact the listing agent to learn more about this investment opportunity!
**PHOTO DISCLOSURE: ALL listing photographs have been digitally enhanced using AI to remove clutter and personal belongings. The images may not reflect the property's exact current appearance. Buyers should verify the property's actual condition during their due diligence.**
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$724,900
Days On Site
26 Days
Bedrooms
7
Inside Area (SqFt)
3,348 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1900
MLS Number
MDBA2235994
Status
Coming Soon
Property Tax
$16,024
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 days ago
Listing updated with changes from the MLS
3 weeks ago
Status changed to Coming Soon
4 weeks ago
Listing first seen on site
General Features
Acres
0.04
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3348
SqFt Total
4132
Style
Other
Water Source
Public
Zoning
R-8
Interior Features
Appliances
Gas Water Heater
Cooling
OtherGas
Heating
Natural GasForced Air
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
BALTIMORE CITY PUBLIC SCHOOLS
Schools
School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Capital Properties
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.