2224 Eutaw Pl
Baltimore, MD 21217
Reservoir Hill- 5 Beds
- 5 Baths
- 4,688 sqft
$495,100
Last Sold: Nov 26, 2025
10% below list $550K
$106/sqft
Est. Refi. Payment $3,070/mo*
$495,100
Last Sold: Nov 26, 2025
10% below list $550K
$106/sqft
Est. Refi. Payment $3,070/mo*
5 Beds
5 Baths
4,688 sqft
Homes for sale near 2224 Eutaw Pl
Apartments for Rent
Local Information
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Description
This three-unit multifamily property presents an exceptional repositioning opportunity in a rapidly appreciating Baltimore neighborhood, with a recent professional appraisal confirming a current value of $580,000, despite two units being in transition. Located adjacent to the $170 million Reservoir Square development and the $44 million Mayor's Office of Employment Development headquarters (scheduled for completion in 2026), this property offers immediate upside for investors who recognize its potential. The building features three well-appointed units with period architectural details: Unit 1 (2 bedrooms/2 bathrooms), Unit 2 (2 bedrooms/2 bathrooms), and Unit 3 (2 bedrooms/1 bathroom). Unit 2 provides stable cash flow at $1,020 per month through a lease extending to March 31, 2026, while Units 1 and 3 are currently in transition following a previous buyer's decision to exit—creating an opportunity for a more experienced investor to step in, renovate, and lease at current market rates of $1,650-$1,800 and $1,400-$1,550 respectively. This creates compelling upside potential from current annual income of $12,240 to a stabilized income of $48,840-$52,440, representing $36,600-$40,200 in additional yearly revenue upon full lease-up. The investment fundamentals are exceptional, with Baltimore's multifamily market showing 95% year-over-year transaction growth, 2.4% rent growth in 2024, and projected 5% growth for 2025. Area vacancy rates of 5-6% remain below the metro average of 7.2%, while properties along Eutaw Place average $391,075 compared to the zip code median of $175,900. The neighborhood benefits from its proximity to three major universities (MICA, University of Baltimore, and Coppin State), outstanding transit connectivity (Walk Score 75, Transit Score 81, with a nine-minute walk to the Penn-North Metro), and transformative development that brings hundreds of new residents and municipal workers to the immediate area. The recent appraisal validates substantial underlying value, and with professional property management support available, this represents a turnkey value-add opportunity for decisive investors ready to capitalize on a previous buyer's hesitation. All financial records, leases, and property details are available during the due diligence process. Please independently verify all figures.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 01, 2025
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$106/sqft
Listed
180+ days ago
Home Details for 2224 Eutaw Pl
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Interior Details Basement: Connecting Stairway,Exterior Entry,FullNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 4688 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Radiator,Natural GasHas CoolingAir Conditioning: Multi Units,Central Air,ElectricHas HeatingHeating Fuel: Radiator |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Luxury Vinyl, Carpet, Wood |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Luxury Vinyl, Carpet, Wood |
View Has a ViewView: City |
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Exterior Home Features Roof: FlatOther Structures: Above Grade, Below GradeFoundation: OtherNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1907 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Other |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 0313083424 013 |
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Price List Price: $550,000Price Per Sqft: $106/sqft |
Status Change & Dates Off Market Date: Sun Nov 30 2025Possession Timing: Immediate, Close Of Escrow |
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MLS Status: CLOSED |
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Direction & Address City: BALTIMORECommunity: Eutaw Place-madison Avenue Historic District |
School Information Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools |
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Building Area Building Area: 5384 Square Feet |
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Lot Area: 2713 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Are Units Furnished: None |
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BasementMls Number: MDBA2177690Municipality: Baltimore City |
Last check for updates: about 1 hour ago
Listed by Michael Wade, (443) 812-9980
Samson Properties
Bought with: Jolene Smith, (410) 963-2751, JS Realty LLC
Source: Bright MLS, MLS#MDBA2177690

Price History for 2224 Eutaw Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 11/26/2025 | $495,100 | Sold | Bright MLS #MDBA2177690 |
| 10/21/2025 | $550,000 | Contingent | Bright MLS #MDBA2177690 |
| 10/17/2025 | $550,000 | PendingToActive | Bright MLS #MDBA2177690 |
| 10/10/2025 | $550,000 | Contingent | Bright MLS #MDBA2177690 |
| 10/07/2025 | $550,000 | PendingToActive | Bright MLS #MDBA2177690 |
| 08/18/2025 | $550,000 | Contingent | Bright MLS #MDBA2177690 |
| 07/29/2025 | $550,000 | Listed For Sale | Bright MLS #MDBA2177690 |
| 03/21/2001 | $48,000 | Sold | N/A |
| 04/12/2000 | $161,350 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $370,500 |
Home facts updated by county records
Comparable Sales for 2224 Eutaw Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $295,000 | 12/30/25 | 5 | 4 | 3,800 | |
0.28 | Multi-Family Home | $760,000 | 12/15/25 | 10 | 4 | 5,568 | |
0.05 | Multi-Family Home | $705,000 | 08/01/25 | 6 | - | 5,408 | |
0.05 | Multi-Family Home | $660,000 | 11/21/25 | 7 | - | 3,673 | |
0.11 | Multi-Family Home | $650,000 | 06/18/25 | 7 | - | 5,084 | |
0.47 | Multi-Family Home | $420,000 | 12/08/25 | 3 | 3 | 3,262 | |
0.19 | Multi-Family Home | $495,000 | 04/01/26 | 6 | 6 | 2,440 | |
0.22 | Multi-Family Home | $485,000 | 12/01/25 | 5 | - | 2,440 |
Assigned Schools
These are the assigned schools for 2224 Eutaw Pl.
What Locals Say about Reservoir Hill
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say there are community events
100 % Say there's wildlife
100 % Say it's walkable to restaurants
100 % Say there are sidewalks
100 % Say neighbors are friendly
80 % Say yards are well-kept
75 % Say it's walkable to grocery stores
75 % Say there's holiday spirit
67 % Say parking is easy
67 % Say kids play outside
67 % Say streets are well-lit
50 % Say they plan to stay for at least 5 years
33 % Say car is needed
25 % Say people would walk alone at night
20 % Say it's quiet
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Property information displayed is deemed reliable but is not guaranteed.
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Homes for rent near 2224 Eutaw Pl
Off Market Homes Near 2224 Eutaw Pl
Explore by feature
2224 Eutaw Pl, Baltimore, MD 21217 is a 5 bedroom, 5 bathroom, 4,688 sqft multi-family built in 1907. 2224 Eutaw Pl is located in Reservoir Hill, Baltimore. This property is not currently available for sale. 2224 Eutaw Pl was last sold on Nov 26, 2025 for $495,100 (10% lower than the asking price of $550,000). The current Trulia Estimate for 2224 Eutaw Pl is $542,600.

