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1516 Lancaster StreetBaltimore, MD 21231Price: $2,000,000

  • Price: $2,000,000
  • 490 Days on Market
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Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
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1516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 212311516 Lancaster Street Baltimore MD 21231
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  • 0.12Acreage
  • 1920Year Built
  • 266Price Per Square Foot
  • 9Units
Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want-high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage-a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don't miss your chance to own a premier asset in one of Baltimore's most desirable neighborhoods.
Listed by James T Weiskerger of Next Step Realty

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Railey Vacations

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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Location Information

  • UsmAreaBaltimore

Parking

  • Parking TypesNone

Basic Information

  • Date Listed04/21/2025

Location

  • Address1516 Lancaster Street
  • Building Number1516
  • CountyBaltimore City
  • DirectionsSee GPS to 1516 Lancaster Street, Baltimore, MD21231
  • In City Limits YNYes
  • IncorporatedcitynameBaltimore City
  • StateMD
  • TownBaltimore
  • Zip21231

Legal

  • LandusecodeM
  • PossessionSettlement
  • Sale TypeStandard

Other

  • View Count2

Basic Information

  • Broker NameNext Step Realty
  • List Price$2,000,000
  • MLS NumberMDBA2164722
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot266
  • StatusACT
  • Units9

Building

  • Building Area SourceAssessor
  • Building Area Total7520
  • Construction MaterialsBrick, Wood Siding
  • Year Built1920

Exterior

  • RoofAsphalt

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemForced Air
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax$24,021
  • City Town Tax Payment FrequencyAnnually
  • County Tax$1,197
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,156,467
  • Tax Lot23
  • Tax Year2024
  • Taxes$25,217
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.12
  • Business TypeApartment Building
  • Lot Size SourceAssessor
  • Lot Size Square Feet5,049
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningR-8

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 24, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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