Union Square Homes under $250,000

Union Square Homes under $250,000

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Newest Union Square Homes under $250,000

1425 W Fayette St W, Baltimore
$117,500
INVESTOR & DEVELOPER OPPORTUNITY! Unlock the potential of 1425 W Fayette Street, a substantial 3-story Baltimore rowhome offering a unique opportunity to transform a vacant shell into a FOUR-UNIT MULTIFAMILY asset. Significant upfront development work has already been completed, including City support for the proposed conditional-use conversion from a single-family dwelling to four residential units, along with architectural plans for the proposed redevelopment. The proposed plans feature FOUR 2-bedroom, 2-bath units and approximately 3,352 total square feet including the basement, creating an attractive configuration for a BRRRR, or multifamily redevelopment strategy. Located in the Franklin Square neighborhood, just one block from the W Baltimore Street commercial corridor, the property is positioned in an area showing continued rehabilitation and reinvestment. The proposed conversion also received support from the Franklin Square Community Association. The property is currently a vacant shell and requires a complete renovation, making this an ideal opportunity for an experienced investor, developer, or GC looking for a project where substantial planning, zoning, and design work has already been completed. Architectural plans and supporting zoning/development documentation are available for review. Property is being sold strictly AS-IS. Buyer to independently verify zoning and conditional-use status, permits, final unit configuration and square footage, utilities, construction requirements and costs, potential rents, and all other development information.

1425 W Fayette St W, Baltimore

Listing courtesy of Compass. Contact:

1231 Lombard, Baltimore
$189,900
3 Beds ⋅ 4 Baths
Welcome to this well-maintained three-bedroom home offering a spacious and functional layout with two full bathrooms and one half bathroom, plus the convenience of an in-home washer and dryer. The property has been well cared for and remains in great condition. Located in West Baltimore, the home offers convenient access to major commuter routes, public transportation, Downtown Baltimore, and a variety of nearby shopping, dining, and everyday services. The property is currently tenant occupied, with the existing lease scheduled to end in December 13, 2026. The current tenant participates in a rental assistance voucher program with a rent of $1,800 per month. The tenant has not yet determined whether they intend to renew, with an update expected within the next few weeks. For additional rental-market context, RentRange estimates a median rent of $1,863 and an average rent of $1,957, approximately 6% above the median. The reported typical rental range (25th–75th percentile) is approximately $1,602–$2,313 per month. Rental estimates are provided from rent meter for informational purposes only and are not a guarantee of future rental income. Photos shown online were taken when the property was vacant. The current tenant requested that photographs of their personal living space not be published. The home has continued to receive good upkeep during the current tenancy. Contact us today for additional property details, current lease information, or to discuss this opportunity.

1231 Lombard, Baltimore

Listing courtesy of Keller Williams Gateway LLC. Contact:

236 S Gilmor St, Baltimore
$125,000
2 Beds ⋅ 2 Baths
Own for less than renting in this fully renovated, turnkey two bedroom, one and one half bath Baltimore City rowhome offered at just $125,000. Located near Union Square Park, Hollins Market, the University of Maryland BioPark, University of Maryland Medical Center, Downtown Baltimore, and the West Baltimore MARC Train Station, this move in ready home offers exceptional value for a first time homebuyer, medical professional, graduate student, commuter, or real estate investor. Inside, the home features a thoughtful renovation completed by owners who originally planned to occupy the property. The updated kitchen includes granite countertops, stainless steel appliances, and modern cabinetry. Additional features include luxury vinyl plank flooring, central air conditioning, a convenient main level powder room, and rare main level laundry. For buyers searching for an affordable Baltimore home, this property presents a compelling alternative to renting. Depending on financing terms, qualified buyers may be able to own this renovated home for less than the monthly cost of many Baltimore rentals. First time homebuyers may also qualify for Baltimore City homebuyer grants, down payment assistance, closing cost assistance, or Maryland mortgage programs, subject to lender and program requirements. For investors and landlords, this is a turnkey Baltimore rental property with no immediate renovation required. The location offers strong rental potential due to its proximity to the University of Maryland Medical Center, University of Maryland Baltimore, the BioPark, Downtown Baltimore employers, Camden Yards, M&T Bank Stadium, and major commuter routes. The nearby West Baltimore MARC Train Station provides convenient access to Washington, DC, while Interstate 95, the Baltimore Washington Parkway, and BWI Airport are also easily accessible. This connectivity broadens the potential tenant pool to include hospital employees, medical residents, university staff, students, Downtown Baltimore professionals, and regional commuters. The private fenced rear yard provides valuable outdoor space for pets, gardening, entertaining, or low maintenance city living. Whether you are searching for a renovated Baltimore rowhome, an affordable starter home, a home near the University of Maryland Medical Center, a property near the West Baltimore MARC Station, or a turnkey Baltimore investment property under $150,000, this home delivers location, condition, convenience, and long term upside. Move in ready. Rental ready. Grant eligible. Own for less than renting. Schedule your private showing today.

236 S Gilmor St, Baltimore

Listing courtesy of Compass. Contact:

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