1313 W Fayette St, Baltimore, MD 21223

Property Description

Historic Franklin Square Multi-Family Opportunity! Own a 6 unit apartment building, the adjoining lot, and a huge industrial garage behind the building! A rare opportunity directly across from Franklin Square Park, 1313 W Fayette Street offers historic end-of-row presence, flexible multi-unit configuration, and immediate vacancy for a new owner’s vision. This Victorian-style Baltimore rowhome is currently set up with 6 finished units—including two 2-bedroom units and four 1-bedroom units—plus an additional unfinished lower-level space with potential for a 1-bedroom unit, subject to buyer verification and approvals. Set along one of West Baltimore’s most recognizable historic park settings, the property offers the kind of scale, character, and placement that can be hard to find. The end-of-row position provides added presence, while the park-facing location creates a more open feel than a typical city block. Inside, the building is delivered with no current tenants, giving the next owner flexibility from day one. Whether you are looking to reposition, stabilize, hold, renovate further, or complete the unfinished lower-level unit, the vacant status creates a cleaner path for planning and execution. The existing unit mix includes two 2-bedroom apartments and four 1-bedroom apartments, offering a practical balance of layouts for future rental demand. The lower level adds further upside with an incomplete potential 1-bedroom unit, allowing a buyer to explore additional income potential after completing due diligence with the city and appropriate permitting authorities. Located in the Franklin Square area, the property sits across from one of Baltimore’s historic public squares and offers access to nearby parks, commuter routes, downtown employment centers, the University of Maryland Baltimore area, local dining, retail, and neighborhood amenities. The garage is oversized and industrial, could be used for parking, business, or converted into at least four more units! This is an ideal opportunity for a buyer seeking a vacant multi-family property with historic character, an established unit layout, and value-add potential in a park-front Baltimore location. Bring your vision, complete your due diligence, and explore the possibilities at 1313 W Fayette Street.