INVESTOR OPPORTUNITY! FULLY RENOVATED, FULLY OCCUPIED TRIPLEX! 1340 N. Mount Street offers an excellent opportunity to acquire a stabilized three-unit multifamily property. The property features two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all currently occupied and generating rental income. Lower Unit – 2 BR/1BA, rented at $1,450 per month; Middle Unit - 2BR/1BA rented at $1,450 per month; Upper Unit 3BR/1BA, renting at $1,600 per month. The property underwent a comprehensive renovation in 2025, including new roof, new electrical, new plumbing and HVAC systems, and each unit features its own washer and dryer. Tenants are responsible for their own utilities, helping minimize owner operating expenses. Professional property management is currently in place. The property offers investors immediate rental income, updated major systems, established occupancy and an attractive opportunity to add a renovated multifamily asset to an existing portfolio. Located in an area with convenient access to major roads, shopping, dining, and public transportation. Bring your investors—this is a rare opportunity to acquire a renovated, fully occupied multifamily property with immediate rental income and strong investment fundamentals.
Sandtown-Winchester, located between North Avenue and Edmondson Avenue, is a historic and residential Baltimore neighborhood with classic rowhouse blocks and a strong civic footprint. The neighborhood’s energy concentrates around Pennsylvania Avenue near Laurens Street, where corner carryouts, barbershops, and storefront churches line the corridor in a steady street-level rhythm. Red Emma’s Bookstore Coffeehouse and the Arch Social Club serve as cultural touchstones tied to Baltimore’s long-running arts and music circuits. Streets of brick two-stories and painted stoops frame pocket parks and schoolyards, while Druid Hill Park sits just to the north for big-green escapes. Transit lines along North Avenue and Pennsylvania Avenue connect the grid to downtown and the west side.
Provided by Walk Score and Local Logic
Offer insights
1340 N Mount St · $475,000
$480K and above
75% chance or better to win
Why $480K+ is a strong offer
DAYS ON MARKET
20 days
The average home goes pending in 52 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Combination dining and living area
Partial daylight basement
Kitchen
Built-in microwave
Disposal
Icemaker
Refrigerator
Laundry & utility
Washer and dryer in unit
Water heater with 60+ gallon tank
Flooring
Luxury vinyl tile
Heating & cooling
90% forced-air heating
Electric heating
Central air conditioning
Electric cooling
Exterior features
Fire escape
Home design
End-of-row townhouse
Parking
On-street parking
Construction
Brick construction
Block foundation
Remodeled in 2025
Utilities
Public water
Public septic
Financial info
Three units total: two two-bedroom units and one three-bedroom unit
All three units are leased
Electricity and solar
View estimated energy costs and solar savings for this home
Neighborhoods: The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-long rowhouse development built to or only modestly set back from the street.; Housing types: Although rowhouse is the predominant housing type, this district also accommodates other residential types, of a similar density, including detached and semi-detached dwellings, and multi-family developments of a larger scale than found in more restrictive zoning districts.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational / school
Park & open space
Oct 3, 2025 • Final
One and two family combo
Perform a complete interior renovation of the building. The scope of work includes installing a new roof, new windows, and updated mechanical, electrical, and plumbing systems.
Remodel
Oct 1, 2025 • Final
One and two family combo
Install a new electrical service as per code.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Baltimore, MD • 21217
Average low and high temperatures (°F)
38
25
44
30
61
40
69
50
74
57
86
68
90
73
83
66
80
63
70
50
58
42
44
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 7% for direct sun exposure in Baltimore. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1340 N Mount St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $250,000 and $490,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $490K.