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$680,000
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Property Description
This well-maintained three-unit property in Canton presents a compelling investment opportunity in one of Baltimore's most established rental markets. With 2,838 square feet of above-grade living space and two large garages, the property offers multiple income streams and long-term growth potential. . | | The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | | The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | | This property boasts a strong rental history, providing immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. | | Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.
Full Property Details
Full Property Details for 2128 Fleet St
General
- Sold For: $680,000
- Taxes: $12,859 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2162116
- Added to Site: 314 day(s) ago
Exterior
- Exterior Features: Sidewalks
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage
- Garage Description: Additional Storage Area, Garage Door Opener, Oversized
Location
- Municipality: Baltimore City
- County: Baltimore City
- Development Name: Canton
- Subdivision: Canton
- Driving Directions: Traveling on Boston Street, turn right onto Fleet Street; 2128 Fleet will be on your left, at the intersection of Fleet and South Collington Avenue.
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Federal
- Architectural Style: Federal
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Foundation: Block
- Roof: Composite
- Walls/Ceilings: 9'+ Ceilings
- Stories/Levels: 2
- Square Feet: 2,838
- Sq. Ft. Source: Estimated
- Living Area: 2,838 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,100
- Lot Size Source: Estimated
- Zoning: R-8
Financial Considerations
- Price Per Sq. Ft.: $239.85
- Assessment Year: 2024
- City/TownTax: $12,249
- City/TownTax Freq: Annually
- County Tax: $610
- County Tax Freq: Annually
- Tax w/Assessment: $544,867
- Tax Amount: $12,859
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Taxes - Real Estate
- Landlord Pays: Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Section: 4
- Lot Number: 8
Listed by Compass, Kyle Shay
Sold by Smart Realty, LLC, Leif Eric Colon
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Schools
Schools serving 2128 Fleet St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Hampstead Hill Academy 500 South Linwood Avenue, Baltimore, MD 21224 | PK-8 | 0.5 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 2.6 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2.7 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 1 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 1.3 mi |
Patterson High School 100 Kane Street, Baltimore, MD 21224 | 9-12 | 2.7 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 2.9 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 3.1 mi |
Benjamin Franklin High School @ Masonville Cove 1201 Cambria Street, Baltimore, MD 21225 | 9-12 | 3.7 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 2128 Fleet St
Date
Details
Price
Change
Source
8/14/2025
Sold
$680,000
-0.1%
MLS
5/17/2025
Price Reduced
$680,700
-0.42%
MLS
4/11/2025
Price Reduced
$683,550
-2.21%
MLS
3/31/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2128 Fleet Street, Baltimore, MD 21231 (MLS# MDBA2162116) is a Triplex property that was sold at $680,000 on August 14, 2025. Want to learn more about 2128 Fleet Street? Do you have questions about finding other Triplex real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

