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$649,000
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Property Description
Exceptional mixed-use/multifamily opportunity in the heart of Baltimore's historic Mount Vernon district. 523 N Charles St offers approximately 8,975 total square feet, including approximately 2,200 SF of below-grade space, providing incredible flexibility for retail, office, multifamily, live/work, creative, or redevelopment use. Positioned along one of Baltimore's most recognizable commercial corridors, the property features strong street presence, large windows, high ceilings, multiple levels, and classic architectural character. The expansive layout offers endless possibilities for an investor, owner-user, or developer looking to reposition a landmark property in a high-visibility location. Surrounded by restaurants, nightlife, universities, cultural institutions, and major downtown employers, the property is conveniently located near Penn Station, MICA, the University of Baltimore, the Washington Monument, and downtown Baltimore. The current owners purchased the property in January 2026 for their intended business use, but ultimately determined the property was not the right fit for their operational needs, creating an excellent opportunity for the next owner to bring their vision to life. Property is being sold strictly as-is.
Full Property Details
Full Property Details for 523 N Charles St
General
- Price: $649,000
- Taxes: $9,636 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2217384
- Updated: 5/30/2026
- Added to Site: 7 day(s) ago
Business
- Business Type: Apartment Building, Bed and Breakfast, Convenience S
Parking
- Total Spaces: 3
- Parking Type: Parking Lot, Other
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Please consult with your favorite navigation system.
- City Limits: Yes
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
- Construction: Brick, Concrete, Brick Front
- Foundation: Other
- Building Size: 8975
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Below Average, Average, Good, Major Rehab Needed
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,072
- Lot Size Source: Estimated
- Zoning: OR-2
Financial Considerations
- Price Per Sq. Ft.: $72.31
- Assessment Year: 2026
- City/TownTax: $9,179
- City/TownTax Freq: Annually
- County Tax: $457
- County Tax Freq: Annually
- Tax w/Assessment: $394,900
- Tax Amount: $9,636
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 32
Listed by Compass, AHMAD HAMID WARDAK
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Schools
Schools serving 523 N Charles 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 | 0.5 mi |
Baltimore Leadership School For Young Women 128 West Franklin Street, Baltimore, MD 21201 | 6-12 | 0.2 mi |
Baltimore Design School 1500 Barclay Street, Baltimore, MD 21202 | 6-10 | 0.8 mi |
National Academy Foundation 540 North Caroline Street, Baltimore, MD 21205 | 6-12 | 0.9 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 | 0.9 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 0.9 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.9 mi |
The Crossroads School 802 South Caroline Street, Baltimore, MD 21231 | 6-8 | 1.4 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 523 N Charles St
Date
Details
Price
Change
Source
5/29/2026
Listed
$649,000
7.81%
MLS
1/23/2026
Sold
$602,000
—
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 523 N Charles St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,590
—
$408,300
—
2023
$9,636
-1%
$408,300
-1%
2022
$9,735
3%
$412,500
3%
2021
$9,471
3%
$401,333
3%
2021
$9,208
3%
$390,167
3%
2020
$8,902
1%
$379,000
2%
2019
$8,778
2%
$371,933
2%
2018
$8,611
2%
$364,867
2%
2017
$8,444
1%
$357,800
1%
2016
$8,329
34%
$354,633
1%
2015
$6,220
—
$351,467
1%
2013
$6,217
—
$348,300
—
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 523 N Charles St
523 N Charles Street, Baltimore, MD 21201 (MLS# MDBA2217384) is a Apartment property. 523 N Charles Street is currently listed for $649,000 and was received on May 29, 2026. Want to learn more about 523 N Charles Street? 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.

