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731 Reservoir StreetBaltimore, MD 21217Price: $740,500

  • Price: $740,500
  • Est. Mortgage of $/month
  • 11 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $740,500List Price
  • 4,236Square Feet
**RARE 3-UNIT INVESTMENT OPPORTUNITY IN HISTORIC RESERVOIR HILL!** Discover the perfect blend of historic Baltimore charm, modern convenience, and income-producing potential at 731 Reservoir Street! This spacious end-unit property features three generously sized residences, soaring ceilings, exposed brick accents, and an abundance of natural light throughout. The thoughtfully configured property includes **two 2-bedroom, 1-bathroom units and an expansive 5-bedroom, 2.5-bathroom unit**, offering a combined 9 bedrooms and 4.5 bathrooms. Each residence features its own washer and dryer, providing everyday convenience and added appeal to tenants. **Two units are currently tenant-occupied, generating a combined $3,050 in monthly rental income ($36,600 annually), while the impressive 5-bedroom unit is vacant and ready for its next occupant!** Whether you're an investor seeking additional rental income or a buyer looking to occupy the largest unit while collecting rent from the other two, this property offers outstanding flexibility and opportunity. Situated in the sought-after Reservoir Hill neighborhood, this property places you just minutes from Druid Hill Park, MICA, Penn Station, downtown Baltimore, and major commuter routes. Enjoy the charm of an established historic community with convenient access to some of Baltimore's most popular destinations. **Three units. Nine bedrooms. Existing rental income. Endless possibilities.** Opportunities like this don't come along every day. Schedule your private showing and explore everything 731 Reservoir Street has to offer!
Listed by Ashley White of Keller Williams Capital Properties

Driving Directions

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

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More Info

Location Information

  • UsmAreaBaltimore

School Information

  • High School DistrictBaltimore City Public Schools

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed11/03/2026

Building

  • Basement
    • Connecting Stairway
    • Daylight
    • Fully Finished
    • Heated
    • Improved
    • Interior Access
    • Outside Entrance
    • Partial
    • Rear Entrance
    • Sump Pump
    • Walkout Level
    • Water Proofing System
    • Windows
  • Basement YNYes
  • Construction MaterialsBrick
  • FoundationBrick/Mortar
  • Property StyleTraditional
  • Square Feet4,236
  • Structure Design TypeEnd of Row/Townhouse
  • Three Bedroom Units1
  • Two Bedroom Units2
  • Year Built1905

Amenities

  • Accessibility Amenities2+ Access Exits
  • Other AmenitiesBasement
  • PoolNo Pool

Basic Information

  • Broker NameKeller Williams Capital Properties
  • List Price$740,500
  • MLS NumberMDBA2236044
  • MLS Property TypeResidential Income
  • Price Per Square Foot233
  • StatusACT
  • Units3

Location

  • Address731 Reservoir Street
  • Building Number731
  • CountyBaltimore City
  • DirectionsCorner of Bolton and Reservoir Street
  • In City Limits YNYes
  • Living Area SourceEstimated
  • StateMD
  • TownBaltimore
  • Zip21217

Utilities

  • Central Air YNYes
  • CoolingOther, Central A/C
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Septic, Public Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Other

  • Cap Value Ground Rent1600
  • Ground Rent Amount96
  • Ground Rent Payment FrequencySemi-Annually
  • Other UnitsUnit 1, Unit 2, Unit 3

Tax Information

  • Assessment Year2026
  • City Town Tax$7,544
  • City Town Tax Payment FrequencyAnnually
  • County Tax$376
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$335,567
  • Tax Lot36
  • Tax Total Finished Sq Ft4,236
  • Tax Year2026
  • Taxes$7,919
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.06
  • Lot Size SourceEstimated
  • Lot Size Square Feet2,414.02
  • New Construction YNN
  • Number Of Units Leased2
  • Number Of Units Vacant1
  • Property SubTypeTownhouse
  • ZoningR-8

Property Information

  • Area Total4,236
  • Area Total SourceEstimated
  • Below Grade Area Total1,059
  • Below Grade Area Total SourceEstimated

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 November 13, 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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