2304 Eutaw Place is a legally zoned, five-unit multifamily property located in the historic and architecturally significant Reservoir Hill neighborhood of Baltimore. Built in 1907, the property has undergone extensive updates over the past five years and is fully occupied with current, paying tenants, making it an excellent turnkey investment opportunity. Each of the five residential units features modern finishes including hardwood flooring, updated kitchens with stainless steel appliances, in-unit washers and dryers, and high ceilings with generous natural light. The unit mix includes two 3-bedroom, 2.5-bath units, two 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit. All utilities are separately metered for gas and electricity; tenants are responsible for their own utility costs, while the owner pays for water. Off-street parking is available in the rear of the building for tenant use. Recent improvements include a full roof replacement completed approximately two years ago and ongoing interior and systems upgrades throughout the building. With a current gross monthly rental income of $7,245 (or $86,940 annually), this property offers strong in-place cash flow with upside potential in one of Baltimore’s most enduringly popular neighborhoods. Located just steps from Druid Hill Park, MICA, Bolton Hill, and with easy access to I-83 and public transit, 2304 Eutaw Place is ideally positioned for sustained rental demand and tenant retention.
For sale
$1,049,999
2304 Eutaw Pl, Baltimore, MD 21217
12beds
10baths
6,702sqft
Est.:
Townhouse
Built in 1907
-- sqft lot
$761,300 Zestimate®
$157/sqft
$-- HOA
What's special
Modern finishesHardwood flooringIn-unit washers and dryersOff-street parking
- 26 days
- on Zillow |
- 1,048 |
- 50 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 01:33pm
Listed by:
Juwan Richardson 443-455-0773,
Keller Williams Legacy 4436609229,
Listing Team: Richardson Properties Group
Source: Bright MLS,MLS#: MDBA2177028

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
Basement
- Area: 1200
Heating
- Baseboard, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 7,902
- Total interior livable area: 6,702 sqft
Property
Parking
- Parking features: On Street, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,000 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0313083424 023A
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1907
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Reservoir Hill
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $474,433
- Annual tax amount: $474,443
- Date on market: 7/24/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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