Movoto Real Estate
Sold on 01/10/2025

312 S Gilmor St, Baltimore, MD 21223

$187,898

Last sold 01/10/2025 for $301K

  • 1

    bed

  • 2

    bath

  • 1,020

    Sqft ($295/Sqft)

House not for sale

About 312 S Gilmor St

Property type House
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 1,307 Sqft
Movoto estimate
Rental estimate
Property description
Seller has moved to Florida and says this property Must Sell! ATTENTION BUSINESS OWNERS and INVESTORS. Owner financing is now available with a $25,000 down payment and a $940 Monthly Payment (12% interest only) with a 5 year balloon for approved borrowers. You will save thousands on upfront bank fees and likely be able to do a cash out refinance at a much higher appraised value after property is leased or your business is up and running. That asking price has also been reduced by $41,000. Ignore days on market as stricter terms were previously required. HOMEOWNERS are welcome as well if they would like to utilize the space as a loft apartment by adding a kitchen and converting one of the half bathrooms into a full bath. You will Love this Building. Complete Gut Renovation. Brand New HVAC, Plumbing, 200 AMP Electric, Framing, Drywall, Roof, Etc.. Modern Open Design with New Vinyl Floor, Recessed Lighting and up to 10ft high ceilings. The Space is Elegantly spread Over Two Levels allowing it to remain Open and also give a ensue of Serration and Privacy. Property Boast two Half Baths and a Kitchen Rough-in. Perfect for many using including Community Store, Day Care Center, Community Center, Cultural Facility, Educational Facility, Place of Worship, Lodge or Social Club, Neighborhood Commercial Establishment and Many More.. Property has great road frontage and is a spacious 17ft wide. Property is in a Great Location close to Frankin and Union Square, 1 mile from Downtown Baltimore and in the middle of the West Baltimore area Development. Owner is Open to Providing a 1st Mortgage Position Owner Financing if a Buyer has 50% to put down. Don't miss out on this Opportunity. Schedule Your Tour Today. Please note: Property Use is Subject to Zoning. Please contact Zoning regarding Specific Usage Requests. Property passed all inspections and has received the final U&O.
Listed by
Listing Agent - Dimitrios Lynch
Listing Office - ExecuHome Realty
Source: Bright MLS mls logo
MLS#MDBA2073058 • last updated 1 year ago
Movoto checked Bright MLS for data 3 minutes ago
Overview
Cooling/AC Central A/C, Natural Gas
Heating Natural Gas
Levels/Style Federal
Type Residential
Status Closed
SqFt 1020
Lot Size (SqFt) 1334
Lot Size (Acres) 0.03
County Tax 48, Annually
City/ Town Tax 967
Tax: Assessed Value 43000
Annual Property Tax 1015
Year Built 1938
Condition Excellent
Municipality Baltimore City
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 2
# Half Baths 2
Total # of Bedrooms 1
Other Room(s) Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom 1
Flooring Vinyl
Accessibility Features 2+ Access Exits
Exterior
Roof Flat
Construction Brick
Foundation Concrete Perimeter
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Electricity 200+ Amp Service
Pool No Pool
Location
Subdivision FRANKLIN SQUARE HISTORIC DISTRICT
Water Source Public
Senior Community (Y/N) N
School District BALTIMORE CITY PUBLIC SCHOOLS
Directions GPS
Zoning R-8
Multifamily Details
Income/ Expense Annual Ground Rent
$187K
Range: $169K-$206K
Last 30 days 
Rental est.: $780/month
Gross rent multiplier: 32.2
  • Jan 2025
    mls logo MLS # MDBA2073058
  • Jan 21, 2025 Sold
    $301,000 (+760.0%)
  • Dec 9, 2024 Pending
  • Oct 18, 2024 Listed
  • Aug 6, 2024 Pending
  • Feb 21, 2024 Listed
  • Jan 18, 2024 Pending
  • Oct 31, 2023 Price Change
    $119,000 (-8.4%)
  • Oct 20, 2023 Price Change
    $129,900 (-7.1%)
  • Sep 20, 2023 Price Change
    $139,900 (-12.6%)
  • Jul 15, 2023 Listed
  • May 9, 2023 Pending
  • Jan 23, 2023 Listed
    $160,000
  • May 2024
    mls logo MLS # MDBA2109908
  • May 28, 2024 Sold
    $35,000 (+133.3%)
  • Mar 4, 2024 Pending
  • Jan 3, 2024 Listed
    $15,000 (-87.4%)
  • Year Property taxes Tax assessment
  • 2023
    $991 +15.6%
    $44,000 +21.1%
  • 2022
    $857 +18.5%
    $36,333 +18.48%
  • 2021
    $724 +22.7%
    $30,667
  • 2018
    $590
    $30,667 +22.67%
  • 2017
    $590 -17.0%
    $25,000
  • 2011
    $711
    $25,000
  • 312 S Gilmor St
    $301K
  • New Southwest - Mount Clare
    $63.5K -34% y/y
  • 21223
    $99.5K +10% y/y
  • Baltimore
    $205K -6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1419 Lemmon St, Baltimore, MD 21223 $2,800 —/— 0.16
1417 Lemmon St, Baltimore, MD 21223 $2,700 —/— 0.16
335 S Addison St, Baltimore, MD 21223 $24,300 —/— 0.18
1820 Ramsay St, Baltimore, MD 21223 $19,700 —/— 0.19
28 S Calhoun St, Baltimore, MD 21223 $291,000 4/2 2,086 0.24
14 S Vincent St, Baltimore, MD 21223 $2,800 —/— 0.25
49 S Stockton St, Baltimore, MD 21223 $20,000 —/— 0.34
21 N Norris St, Baltimore, MD 21223 $7,000 —/— 0.37

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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4/10
Franklin Square Elementary School
public Grades PK, K-8
Baltimore City Public Schools
2/10
Booker T. Washington Middle School
public Grades 6-8
Baltimore City Public Schools
2/10
Vivien T. Thomas Medical Arts Academy
public Grades 9-12
Baltimore City Public Schools
1/10
Augusta Fells Savage Institute Of Visual Arts
public Grades 9-12
Baltimore City Public Schools
2/10
Digital Harbor High School
public Grades 9-12
Baltimore City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 9/10/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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