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1/23
$689,000
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Property Description
Secure your future investment in Baltimore's historic 21201 corridor with this well-maintained, income-producing mixed-use property. Featuring a stable commercial anchor and a premium residential unit, this is a rare opportunity for an investor seeking immediate ROI, rent, and zero vacancy at closing. The Commercial Suite is occupied by a long-term, established tenant. This street-level flexible space benefits from high visibility and consistent foot traffic, anchored by the dense population of the Mount Vernon/Downtown area. Upstairs: A spacious and modern 3-Bedroom, 2-Bathroom apartment. This isn't your average rental; it's a high-demand, open-floor plan currently occupied by long-term residents. The property is close to the UMD Medical Center, the Penn Station light rail, and the city's cultural heart. The property is registered as 1 parcel and 3 stories. Unit 225 is the commercial ground level portion. Unit 227 is the residential space comprising the top 2 floors with a separate entrance. This opportunity offers true dual functionality.
Full Property Details
Full Property Details for 225 - 227 W Read St
General
- Price: $689,000
- Taxes: $9,320 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2204120
- Updated: 3/6/2026
- Added to Site: 47 day(s) ago
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Please use Google Maps.
- 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: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Permanent
- Square Feet: 3,600
- Sq. Ft. Source: Assessor
- Living Area: 3,600 Sq. Ft.
- Finished Above Grnd: 3,600 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,200
- Lot Size Source: Assessor
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $191.39
- Ground Rent: $72
- Assessment Year: 2026
- City/TownTax: $8,877
- City/TownTax Freq: Annually
- County Tax: $442
- County Tax Freq: Annually
- Tax w/Assessment: $398,300
- Tax Amount: $9,320
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 3600
Disclosures and Reports
- Ownership: Ground Rent
- Section: 9
- Lot Number: 83
Listed by Redfin Corp, Bryan Carnaggio
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Schools
Schools serving 225 - 227 W Read St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
The Historic Samuel Coleridge-Taylor Elementary School 507 West Preston Street, Baltimore, MD 21201 | PK-5 | 0.3 mi |
Baltimore Leadership School For Young Women 128 West Franklin Street, Baltimore, MD 21201 | 6-12 | 0.4 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.5 mi |
Baltimore Design School 1500 Barclay Street, Baltimore, MD 21202 | 6-10 | 0.6 mi |
Baltimore School For The Arts 712 Cathedral Street, Baltimore, MD 21201 | 9-12 | 0.2 mi |
Renaissance Academy 1301 McCulloh Street, Baltimore, MD 21217 | 9-12 | 0.5 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 1.1 mi |
Bluford Drew Jemison Stem Academy West 1500 Harlem Avenue, Baltimore, MD 21217 | 6-12 | 1.2 mi |
National Academy Foundation 540 North Caroline Street, Baltimore, MD 21205 | 6-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 - 227 W Read St
Date
Details
Price
Change
Source
2/26/2026
Listed
$689,000
39.19%
MLS
5/25/2017
Sold
$495,000
—
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 225 - 227 W Read St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,320
-18%
$394,900
-18%
2022
$11,316
21%
$479,500
21%
2021
$9,320
-16%
$394,900
-16%
2021
$11,129
1%
$471,567
1%
2020
$10,983
5%
$467,600
5%
2019
$10,463
6%
$443,333
6%
2018
$9,890
6%
$419,067
6%
2017
$9,317
14%
$394,800
13%
2016
$8,176
15%
$348,100
15%
2015
$7,113
18%
$301,400
19%
2013
$6,034
—
$253,533
—
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 225 - 227 W Read St
225 - 227 W Read Street, Baltimore, MD 21201 (MLS# MDBA2204120) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 225 - 227 W Read Street is currently listed for $689,000 and was received on February 26, 2026. Want to learn more about 225 - 227 W Read Street? Do you have questions about finding other Townhouse real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

