This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$24,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
**Prime Development Opportunity in Baltimore** **Location, location, location!!!!!!** There were 3 adjacent properties on this land that the city tore down. What's left is the perfect space for your new development project! The property sits in a very popular area with breathtaking bridge views of the beautiful downtown Baltimore cityscape providing an attractive backdrop for any development. Unlock the potential of this exceptional parcel of land located in the heart of Baltimore City. Situated conveniently near major highways, public transportation, and local amenities, this land is zoned for residential use, allowing for lucrative development options. Close to Whole Foods, Harlem Park, Edgar Allen Poe House and Museum, Franklin Square, Holllins Market, and The Walters Art Museum! All necessary utilities (water, sewer, electricity) are readily available on-site. Located in a revitalizing area with strong demand for housing. With Baltimore's ongoing development initiatives and urban renewal efforts, this presents a unique opportunity for investors and developers to capitalize on the city's growth. Don't miss out on this rare chance to shape the future of Baltimore. Schedule a viewing today and explore the possibilities! Seize this opportunity to make your mark in Baltimore! Drive by and make an offer today! Offer deadline Monday June 9th, 2025 @ 11:59pm.
Full Property Details
Full Property Details for 1040 W Franklin St
General
- Price: $24,000
- Taxes: $800 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2155722
- Updated: 12/24/2025
- Added to Site: 385 day(s) ago
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Waze
- Location Details: Urban
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Current Bldg. Use: Land/Lot Only
Lot Features
- Property View: City, Street
- Lot Size Source: Estimated
- Zoning: LAND
Financial Considerations
- Price Per Sq. Ft.: $120,000
- City/TownTax: $800
- City/TownTax Freq: Annually
- Tax w/Assessment: $30,000
- Tax Amount: $800
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Smart Realty, LLC, Crystal M Jackson
Get Pre-Approved Today
Schools
Schools serving 1040 W Franklin St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Furman L. Templeton Elementary School 1200 Pennsylvania Avenue, Baltimore, MD 21217 | PK-5 | 0.5 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.7 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2.6 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 0.4 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 0.4 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 1.7 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 1.9 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 2 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 W Franklin St
Date
Details
Price
Change
Source
2/10/2025
Listed
$24,000
-20%
MLS
11/01/2019
Sold
$30,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1040 W Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$897
—
$10,333
-76%
2023
$897
—
$43,733
15%
2023
$897
24%
$38,000
24%
2022
$725
31%
$30,733
31%
2021
$554
45%
$23,467
45%
2021
$382
1%
$16,200
—
2020
$380
-1%
$16,200
—
2019
$382
-55%
$16,200
-55%
2018
$850
—
$36,000
—
2017
$850
—
$36,000
—
2016
$846
—
$36,000
—
2015
$850
-1%
$36,000
—
2013
$857
—
$36,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 W Franklin St
1040 W Franklin Street, Baltimore, MD 21223 (MLS# MDBA2155722) is a Lots/Land property with a lot size of 0 acres. 1040 W Franklin Street is currently listed for $24,000 and was received on February 10, 2025. Want to learn more about 1040 W Franklin Street? Do you have questions about finding other Lots/Land real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

