2841 North Calvert Street presents a turn-key five-unit investment opportunity in Charles Village, just 2.5 blocks from Johns Hopkins University’s Homewood Campus. Fully leased and currently generating $6,375 per month / $76,500 annually, the property combines in-place income with leases extending through summer 2027. Charles Village remains one of Baltimore’s most recognizable residential neighborhoods, anchored by Johns Hopkins University and surrounded by established shopping, dining, recreation and transportation options. The property’s North Calvert Street location puts tenants within easy walking distance of the Homewood Campus, the Charles Village Shopping District and Wyman Park. With a Walk Score of 91, much of what tenants need day-to-day is accessible without a car. The Hopkins connection extends beyond Homewood. A Johns Hopkins Shuttle stop approximately one block south provides access to additional Hopkins destinations, including the medical campus and Peabody, broadening the property’s appeal beyond those who need to be at Homewood every day. Hopkins security patrols and services provided by the Charles Village Benefits District add to the established neighborhood infrastructure.
Charles Village, located between Johns Hopkins University’s Homewood campus and Wyman Park, is a historic and academic Baltimore neighborhood with painted rowhouses and leafy, porch-lined blocks. The neighborhood’s character concentrates around the St. Paul Street corridor near 33rd Street, where coffee counters, indie eateries, and small storefronts keep the sidewalks active. The Charles Theatre anchors local film culture, while R. House adds a food-hall buzz in a converted industrial space. Architecture leans toward early-20th-century brick rowhomes, apartment buildings, and campus-adjacent institutions. Green space and trails thread toward the Jones Falls corridor, shaping a walk-forward daily rhythm.
Provided by Walk Score and Local Logic
Offer insights
2841 N Calvert St · $595,000
$594K and above
75% chance or better to win
Why $594K+ is a strong offer
DAYS ON MARKET
37 days
The average home goes pending in 54 days.
SALE-TO-LIST
91.6%
Most homes are selling 8% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
17 total rooms
Bedrooms
4 total units (includes 2 single-room units and 3 one-bedroom units)
Laundry & utility
Laundry in basement
Common laundry
Heating & cooling
Baseboard electric heating
Window air conditioning units (electric)
Exterior features
Lot dimensions approximately 16' x 154'
Above-grade other structures
Home design
End of row / townhouse
Building not winterized
Parking
Off-street parking (1 space)
1 total garage/parking space
Construction
Brick construction
Stone foundation
Estimated year built
Utilities
Public water
Public sewer
Hot water: natural gas
Financial info
Gross scheduled income: $77,930
Net operating income: $48,642
Total actual rent: $74,205
Existing leases are yearly
5 units currently leased
Other
Ownership: Fee simple
Finished above-grade area approximately 2,708 (estimated)
Electricity and solar
View estimated energy costs and solar savings for this home
This charming Charles Village home amidst the "painted ladies" is a real money maker! Fully occupied it brings in about $4,000 a month. TRULY 5 MONEY MAKING UNITS + parking pad rental - Four units plus 1st floor one rooming unit. Units are as follows; 1st floor is a 1 rooming unit, 1 bedroom, 2nd floor is a large efficiency and 1 bedroom unit, 3rd floor is a large 1 bedroom. Great condition and features include; hardwood floors, tall ceilings, replacement windows, exposed brick. Location is IDEAL. Close to Johns Hopkins University, Baltimore Arts District, MICA, Union Memorial, Remington, and more make this easy to rent! Currently 5 units are rented, approved through new Baltimore City inspection process and lead based paint certificates and leases are available. Parking pad available rear of home and is currently rented as well! Please contact the listing agent for further information and schedule online on a business day with a minimum of 48 hour notice. Access to all units may be difficult. Rent roll and lead certs are uploaded foryour review. MUST have 48 hours notice for showings and management company will only send out notice to tenants on a weekday. Pictures from non occupied units reflect unit's condition prior to occupancy.
Neighborhoods: The R-6 Garden Rowhouse Residential Zoning District is intended for primarily low density rowhouse neighborhoods that reflect a naturalistic environment typified by open and landscaped front yards of buildings that are set back and that contain stoops and porches oriented to those yards.; Housing types: The R-6 District is meant to accommodate single-family units in both detached and semidetached dwellings, rowhouse developments, and multi-family developments of a moderate density.
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
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
67
51
58
43
44
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.4 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2841 N Calvert St
$580,547
$14K under list price of $595K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $279K to $485K.