1516 Lancaster St

$2,400,000

1516 Lancaster St, Baltimore, MD 21231

For Sale

Multifamily

Active

Last Updated: 10/23/2025

Details:

Building Size: 7,520 sqft

Year Built: 1920

Price Per Sqft: $319.15

Zoning: R-8

Roof: Asphalt

Highlights:

Days on Market: 185
Heating: Forced Air

Description:

Incredible investment opportunity in the heart of Fells Point!
This 9-unit multi-family property at 1516 Lancaster Street offers
everything a savvy investor could want—high ROI potential,
prime location, and rare amenities. Each unit features 1.5 or 2
bedrooms, and the building includes 9 dedicated parking
spots, 9 storage units, and a detached garage—a true
luxury in this area.

With close proximity to the waterfront, restaurants, and
nightlife, this turnkey property is perfectly positioned for strong
rental income and long-term appreciation. Don’t miss your
chance to own a premier asset in one of Baltimore’s most
desirable neighborhoods.