2128 Fleet St
Description
The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated...This well-maintained three-unit property in Canton presents a compelling investment opportunity in one of Baltimore’s most established rental markets. With 2,838 square feet of above-grade living space and two large garages, the property offers multiple income streams and long-term growth potential. . | |
The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | |
The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | |
This property boasts a strong rental history, providing immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. | |
Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.
Listing Agent
![Kyle Shay]()
kyle.shay@compass.comP: (410)-952-8640
Property Details for 2128 Fleet Street
Property Details for 2128 Fleet Street
| Status | Closed |
|---|---|
| MLS # | MDBA2162116 |
| Days on Market | 79 |
| Taxes | $12,859 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.05 AC / 2,100 SF |
| County | Baltimore Independent City |
Location
Sold By Smart Realty, LLC
Building Information for 2128 Fleet Street
Payment Calculator
$4,386 per month
30 year fixed, 6.15% Interest
$3,314
$1,072
$0
Property Information for 2128 Fleet Street
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $544,867
- Year Assessed: 2024
- County Tax: $610
- Improvement Assessed Value: $439,400
- City Town Tax: $12,249
- Land Assessed Value: $90,000
- Clean Green Assessed: No
- Land Use Code: R
- Section: 04
- Agricultural Tax Due: No
- Historic: No
- Zoning: R-8
- Tax Lot: 008
- School Tax: $0
- Automatically Update Tax Values Y/N: No
- Owner Pays: Taxes - Real Estate
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 1
- Units Furnished: None
- Units Leased Count: 2
- Number Of Units Vacant: 0
- Vacancy Allowance Rate: .00%
- Operating Expense Includes: Insurance
- Gross Scheduled Income: $68,100
- Annual Rental Income: $68,100
- Income Includes: Apartment Rentals, Parking
- Existing Lease Type: Long Term
- Building Level Count: 2
- Building Units Total: 3
- Total Finished SQFT: 2,838.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 2,838.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Roof: Composite
- Wall and Ceiling Types: 9'+ Ceilings
- Foundation Details: Block
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Estimated
- Road Responsibility: City/County
- Location Type: Corner Lot/Unit
- Parcel ID: 12900965
- Ground Rent Exists: No
- Type Of Parking: Attached Garage
- Num of Attached Garage Spaces: 2
- Total Garage Spaces: 2
- Garage Features: Additional Storage Area, Garage Door Opener, Oversized
- Fireplace: No
- Accessibility Features: Other
- Exterior Features: Sidewalks
- Pool: No Pool
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Baltimore Board of REALTORS
Property History for 2128 Fleet Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 14, 2025 | Closed (Public Record) Public Record #1910709753 | $680,000 | +21.6% / yr |
| Aug 14, 2025 | Closed BRIGHT #MDBA2162116 | $680,000 | — |
| Aug 2, 2025 | Active Under Contract BRIGHT #MDBA2162116 | — | |
| Jun 17, 2025 | Pending BRIGHT #MDBA2162116 | — | |
| Jun 17, 2025 | Active Under Contract BRIGHT #MDBA2162116 | — | |
| May 17, 2025 | Price Change BRIGHT #MDBA2162116 | $680,700 | — |
| Apr 11, 2025 | Price Change BRIGHT #MDBA2162116 | $683,550 | — |
| Mar 31, 2025 | Listed (Active) BRIGHT #MDBA2162116 | $699,000 | — |
| Mar 28, 2025 | Withdrawn BRIGHT #MDBA2159134 | — | |
| Mar 28, 2025 | Withdrawn BRIGHT #MDBA2145502 | — | |
| Mar 10, 2025 | Listed (Active) BRIGHT #MDBA2159134 | $699,000 | — |
| Feb 1, 2025 | Listed (Active) BRIGHT #MDBA2145502 | $699,000 | — |
| Sep 30, 2022 | Closed (Public Record) Public Record #1504324393 | $387,500 | -2.0% / yr |
| Aug 9, 2005 | Closed (Public Record) Public Record #165019508 | $545,000 | +45.2% / yr |
| Apr 17, 2003 | Closed (Public Record) Public Record #112540718 | $230,000 | — |
| Apr 3, 2003 | Closed BRIGHT #MDBA205222 | $230,000 | — |
| Feb 3, 2003 | Pending BRIGHT #MDBA205222 | — | |
| Sep 5, 2002 | Listed (Active) BRIGHT #MDBA205222 | $255,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/14/2025 | Closed (Public Record) Public Record #1910709753 | $680,000 +21.6% / yr |
| 08/14/2025 | Closed BRIGHT #MDBA2162116 | $680,000 |
| 08/02/2025 | Active Under Contract BRIGHT #MDBA2162116 | — |
| 06/17/2025 | Pending BRIGHT #MDBA2162116 | — |
| 06/17/2025 | Active Under Contract BRIGHT #MDBA2162116 | — |
| 05/17/2025 | Price Change BRIGHT #MDBA2162116 | $680,700 |
| 04/11/2025 | Price Change BRIGHT #MDBA2162116 | $683,550 |
| 03/31/2025 | Listed (Active) BRIGHT #MDBA2162116 | $699,000 |
| 03/28/2025 | Withdrawn BRIGHT #MDBA2159134 | — |
| 03/28/2025 | Withdrawn BRIGHT #MDBA2145502 | — |
| 03/10/2025 | Listed (Active) BRIGHT #MDBA2159134 | $699,000 |
| 02/01/2025 | Listed (Active) BRIGHT #MDBA2145502 | $699,000 |
| 09/30/2022 | Closed (Public Record) Public Record #1504324393 | $387,500 -2.0% / yr |
| 08/09/2005 | Closed (Public Record) Public Record #165019508 | $545,000 +45.2% / yr |
| 04/17/2003 | Closed (Public Record) Public Record #112540718 | $230,000 |
| 04/03/2003 | Closed BRIGHT #MDBA205222 | $230,000 |
| 02/03/2003 | Pending BRIGHT #MDBA205222 | — |
| 09/05/2002 | Listed (Active) BRIGHT #MDBA205222 | $255,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2128 Fleet Street
Schools near 2128 Fleet Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hampstead Hill Academy CharterPK to 8 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Digital Harbor High School Public9 to 12 | ||
Patterson High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/14/2025 01:51 PM