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$375,000
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Property Description
There were many updates in 2024-2025 including flooring, kitchens, bathrooms, walls and more. The building is rent ready with a Baltimore City Rental License allowing for 5 units. Currently, Unit 2 is leased to a Section 8 tenant for $1,239/month on a 2-year lease, while the remaining 4 units are vacant and ready for new tenants. Unit Breakdown: Unit 1 (Main Level) - 1 bedroom, a full bath, bonus room, living area and kitchen. Unit 1F (Main Level) - Studio apartment with 2 rooms, a full bath and kitchen. Accessible via an exterior door on the back right side, marked with a "1." Unit 1E (Detached Casita) - Located at the rear of the property, featuring 1 bedroom, 1 full bath, living/dining area, kitchen, front porch, fenced front yard, and small backyard. Unit 2 (2nd Level) - 2 bedrooms, 1 full bath, bonus room, living/dining area, kitchen, and a covered balcony. (Currently rented for $1,239/month, Section 8, 2-year lease.) Unit 3 (3rd Level) - Located on the 3rd level setup as a studio apartment with a full bath, kitchen and a room with a divided wall. There are 2 entrance doors in the outside hallway into the unit.
Full Property Details
Full Property Details for 2550 W Lombard St
General
- Price: $375,000
- Taxes: $2,108 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2183764
- Updated: 12/17/2025
- Added to Site: 125 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: None
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Follow GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Building Size: 3500
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size Source: Estimated
- Zoning: R-8
Financial Considerations
- Price Per Sq. Ft.: $107.14
- Assessment Year: 2025
- City/TownTax: $2,008
- City/TownTax Freq: Annually
- County Tax: $100
- County Tax Freq: Annually
- Tax w/Assessment: $154,667
- Tax Amount: $2,108
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 48
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2550 W Lombard St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Frederick Elementary School 2501 Frederick Avenue, Baltimore, MD 21223 | PK-5 | 0.3 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 2 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 3.8 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 1.2 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 1.7 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 2.8 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 3.2 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 2550 W Lombard St
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$375,000
-6.2%
MLS
11/05/2025
Price Reduced
$399,800
-0.02%
MLS
10/24/2025
Price Reduced
$399,899
—
MLS
9/15/2025
Price Increased
$399,900
5.26%
MLS
9/14/2025
Listed
$379,900
30.33%
MLS
8/29/2025
Sold
$291,500
—
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 2550 W Lombard St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$566
—
$154,667
73%
2023
$566
—
$89,333
272%
2023
$566
12%
$24,000
12%
2022
$505
14%
$21,400
14%
2021
$444
16%
$18,800
16%
2021
$382
3%
$16,200
3%
2020
$371
2%
$15,800
3%
2019
$363
3%
$15,400
3%
2018
$354
—
$15,000
—
2017
$354
1%
$15,000
—
2016
$352
-40%
$15,000
-40%
2015
$590
-1%
$25,000
—
2013
$595
—
$25,000
—
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 2550 W Lombard St
2550 W Lombard Street, Baltimore, MD 21223 (MLS# MDBA2183764) is a Apartment property. 2550 W Lombard Street is currently listed for $375,000 and was received on September 14, 2025. This property is listed by Alice Stewart from our Baltimore City Regional Office.Want to learn more about 2550 W Lombard Street? Do you have questions about finding other Apartment real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.


