871 Hollins St - Apartments FOR SALE


Baltimore, MD 21201- Hollins Park
$374,900 USD
410-235-9500
871 Hollins St, Baltimore, MD for Sale
$374,900 USD
Apartments - FOR SALE
1/30
null | 8.72% Cap Rate

871 Hollins St
Baltimore, MD 21201
Hollins Park


HIGHLIGHTS

  • Prime Location – Just 3 blocks from the University of Maryland, where 6,300+ graduate students drive strong housing demand
  • BioPark Expansion Driving Growth – The new 4MLK facility at the University of Maryland BioPark adds 250,000 sq. ft. of state-of-the-art lab and office
  • Hollins Market Revitalization – A $2.1 million renovation has transformed Baltimore’s oldest public market into a bustling food and retail hub
  • Opportunity to Increase Rents Through Apartment Upgrades

OVERVIEW

Hollins Market is experiencing a major transformation, fueled by two major developments: the expansion of the University of Maryland BioPark and the revitalization of the historic Hollins Market. The University of Maryland BioPark's new 4MLK facility introduces 250,000 square feet of modern lab and office space, attracting biotech companies and over 1,000 highly educated professionals to the area. This expansion strengthens the neighborhood’s role as a life sciences and innovation hub, creating strong demand for quality rental housing within walking distance. At the same time, the $2.1 million renovation of Hollins Market has turned Baltimore’s oldest public market into a thriving food and retail destination. The market now features affordable food stalls, a fresh grocery store, and flexible vendor spaces, all designed to increase foot traffic and serve local residents. A recent viral review from TikTok critic Keith Lee skyrocketed business for local vendors, bringing national attention to Hollins Market and solidifying it as a major draw in Southwest Baltimore. With continued investment in the BioPark, Hollins Market, and surrounding development projects, this neighborhood offers a unique opportunity to own an income-producing property in a rapidly growing area.

FOR SALE DETAILS

PRICE

$374,900 USD

PRICE/SF

$113 USD /SF

# OF UNITS

3

PRICE/UNIT

$124,967

CAP RATE

8.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollins Market Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-8

APN/PARCEL ID

0237-037

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.