5-7 S Carrollton Avenue, Baltimore, MD 21223 - Photo 1

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Property Description

Discover a prime investment opportunity in the heart of the bustling Hollins Market business district. This updated commercial property, built in 1900, boasts a solid brick and frame construction, ensuring durability and character. The 1st floor houses two commercial units and one studio apartment. While the 2nd and 3rd floors are apartment units with 2 bedrooms (2nd floor) and one bedroom (3rd floor). The building is completely renovated with sprinkler systems, separately metered and has versatile flooring options, including vinyl, ceramic tile, and concrete, allowing for easy customization to suit your business needs. The property is located in a corner lot, which offers excellent visibility and accessibility, making it an ideal location for a variety of business ventures. The surrounding area is vibrant, with a mix of shops, restaurants, and local attractions, creating a dynamic environment that draws foot traffic and potential customers. Enjoy the stunning views of the city and street, enhancing the appeal of your business to passersby. Investing in this location not only offers immediate business potential but also positions you for long-term growth in a thriving district. The combination of a historic building and a strategic position creates a unique opportunity for savvy investors looking to capitalize on the area's ongoing development and revitalization. Seize the chance to make your mark in this vibrant community, where the potential for returns is as bright as the city views.

Full Property Details

Full Property Details for 57 S Carrollton Ave

General

Price: $1,300,000
Taxes: $1,253 (2025)
Status: Active
Type: Apartment
Source: BrightMLSMidAtlantic
MLS ID: MDBA2197014
Updated: 1/13/2026
Added to Site: 4 day(s) ago

Business

Business Type: Apartment Building, Other/General Retail, Supermarke

Interior

Flooring: Ceramic Tile, Concrete, Luxury Vinyl Plank

Rooms

Bathrooms

Restrooms: 2

Parking

Parking Type: On Street

Location

Municipality: Baltimore City
County: BALTIMORE CITY
Subdivision: HOLLINS MARKET
Cross Streets: Hollins
Driving Directions: On US-40, head toward N Greene St. Use the 2nd from the left lane to stay on W Franklin St. Turn left onto N Martin Luther King Jr Blvd. Turn right onto W Fayette St. Turn left onto N Carrollton Ave. Property will be on the left.
Location Details: Business District
City Limits: Yes

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Multi Units, Zoned
Cooling Fuel: Electric
Heating Type: Central, Heat Pump(s)
Heating Fuel: Central, Electric, Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Sewer, Public Septic
Water: Public

Structural Information

Construction: Brick, Frame, Concrete
Stories/Levels: 3
Building Size: 4950
Year Built: 1900
Year Built Source: Assessor
Property Condition: Excellent

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Lot Features

Property View: City, Street, Other
Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,125
Lot Size Source: Assessor
Zoning: C-1
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $262.63
For Lease: Yes
Assessment Year: 2025
City/TownTax: $1,194
City/TownTax Freq: Annually
County Tax: $59
County Tax Freq: Annually
Tax w/Assessment: $53,100
Tax Amount: $1,253
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 24

Listed by Century 21 Downtown, Gina M Gargeu

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Listing agent

— 57 S Carrollton Ave —

Gina M Gargeu

Century 21 Downtown

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Schools

Schools serving 57 S Carrollton Ave

School District:Baltimore City Public Schools

Name	Grades	Distance
James Mchenry Elementary School, Baltimore, MD 31 South Schroeder Street, Baltimore, MD 21223	PK-8	0.2 mi
Bluford Drew Jemison Stem Academy West 1500 Harlem Avenue, Baltimore, MD 21217	6-12	0.7 mi
Baltimore Leadership School For Young Women 128 West Franklin Street, Baltimore, MD 21201	6-12	1.1 mi
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217	6-8	1.2 mi
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223	9-12	0.3 mi
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217	9-12	0.7 mi
Renaissance Academy 1301 McCulloh Street, Baltimore, MD 21217	9-12	1.2 mi
Green Street Academy 125 North Hilton Street, Baltimore, MD 21229	6-12	1.9 mi
Baltimore Design School 1500 Barclay Street, Baltimore, MD 21202	6-10	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 57 S Carrollton Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/13/2026

Listed

$1,300,000

165.31%

MLS

11/17/2023

Sold

$490,000

—

Public Record

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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 57 S Carrollton Ave

Year

Property Taxes

Change

Tax Assessment

Change

2023

$3,056

—

$53,100

-59%

2023

$3,056

—

$129,500

—

2022

$3,056

-19%

$129,500

-19%

2021

$3,762

-3%

$159,400

-3%

2021

$3,880

41%

$164,400

41%

2020

$2,746

68%

$116,900

68%

2019

$1,638

217%

$69,400

217%

2018

$517

13%

$21,900

13%

2017

$458

-50%

$19,400

15%

2016

$913

437%

$16,900

2015

$170

-57%

$16,700

—

2013

$397

—

$16,700

—

View All

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 57 S Carrollton Ave

5-7 S Carrollton Avenue, Baltimore, MD 21223 (MLS# MDBA2197014) is a Apartment property. 5-7 S Carrollton Avenue is currently listed for $1,300,000 and was received on January 13, 2026. Want to learn more about 5-7 S Carrollton Avenue? Do you have questions about finding other Apartment real estate for sale in Cold Spring? You can browse all Cold Spring real estate or contact a Coldwell Banker agent to request more information.

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57 S Carrollton Ave Baltimore, MD 21223