A great opportunity to own an income-producing property in a celebrated Baltimore neighborhood! Take advantage of today s low interest rates and capture a 15.8% cash-on-cash return on investment and a 9.17% cap rate on this building!2012 North Calvert has 3 2-bedroom apartments, 1 1-bedroom apartment, and a 1-car garage. With all pvc and copper plumbing, a newer rubber roof, and modern bathrooms and kitchens, a new owner can expect low maintenance costs. Each unit is separately metered for gas & electric. Charles North is known for its eclectic art and music venues, alongside many niche bars and restaurants. Located centrally in Baltimore and directly north of Penn Station, tenants have an easy commute to Baltimore or the D. C. area. 2012 North Calvert has a WalkScore of 92, and TransitScore of 76, and a BikeScore of 87.Call today to schedule a tour!Investment Summary:$345,000$86,250 Per Unit$157 Per Sq. Ft. 11.7 Times Actual Rent (GRM)8.0 Times Market Rent (GRM)9.17% Cap Rate15.8% Cash-on-Cash Return
TownhomeProperty Type
1890Year Built
1,466 sq ftLot Size
$219Est. Price/Sq.Ft.
1 car garageParking
Listed by Thomas H Fair• Ben Frederick Realty, Inc.
•410-235-9500 (broker)
•info@benfrederick.com (broker)
Bought with John Keister• CENTURY 21 New Millennium
•410-285-2510 (broker)
•becky.catron@c21nm.com (broker)
Source:BRIGHT MLS #MDBA507846
Redfin Estimate
$480,047
$121K since sold in June 2021$13K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 67.5% higher than the average sale price ($287K) of 6 comparable homes.
A great opportunity to own an income-producing property in a celebrated Baltimore neighborhood! Take advantage of today s low interest rates and capture a 15.8% cash-on-cash return on investment and a 9.17% cap rate on this building!2012 North Calvert has 3 2-bedroom apartments, 1 1-bedroom apartment, and a 1-car garage. With all pvc and copper plumbing, a newer rubber roof, and modern bathrooms and kitchens, a new owner can expect low maintenance costs. Each unit is separately metered for gas & electric. Charles North is known for its eclectic art and music venues, alongside many niche bars and restaurants. Located centrally in Baltimore and directly north of Penn Station, tenants have an easy commute to Baltimore or the D. C. area. 2012 North Calvert has a WalkScore of 92, and TransitScore of 76, and a BikeScore of 87.Call today to schedule a tour!Investment Summary:$345,000$86,250 Per Unit$157 Per Sq. Ft. 11.7 Times Actual Rent (GRM)8.0 Times Market Rent (GRM)9.17% Cap Rate15.8% Cash-on-Cash Return
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-8
Rowhouse Residential District
Neighborhoods: The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-long rowhouse development built to or only modestly set back from the street.; Housing types: Although rowhouse is the predominant housing type, this district also accommodates other residential types, of a similar density, including detached and semi-detached dwellings, and multi-family developments of a larger scale than found in more restrictive zoning districts.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational / school
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 7
Heating & Cooling
Heating Type: Hot Air
Exterior
Exterior Information
Building Style Type: Townhouse
Building Construction Quality: Fair
Exterior Wall: Brick
Building Type: Townhouse
Property Information
Living Sq. Ft: 2,193
Building Sq. Ft: 2,193
# of Units: 1
# of Stories: 3
Stories Type: 3 Story With Basement
Legal Description: 17-3X85
Parking & Garage Information
Parking Type: Detached Brick Garage
Garage/Parking Sq. Ft: 300
Garage / Carport Type: Detached Brick
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,466
Legal Lot Number: 23
Legal Block Number: 3808
Acres: 0.0337
Depth Footage: 85
Front Footage: 17.25
Zoning Code: R-8
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: 12
Public facts
Beds: —
Baths: 7.0
Sq. Ft.: 2,193
Stories: 3.0
Lot Size: 1,466 square feet
Style: Townhouse
Year Built: 1890
Year Renovated: —
County: Baltimore City
APN: 12 083808 023
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Dallas F. Nicholas Sr. Elementary School
Public PreK-5 • Assigned • 0.0mi
3/10
Baltimore Design School
Public 6-12 • Assigned • 0.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Baltimore, MD • 21218
Average low and high temperatures (°F)
38
25
43
30
60
41
68
51
74
58
86
68
89
73
82
67
79
64
69
51
58
43
44
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$457,000 – $553,000
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