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MLS: #MDBA2226230, Listed By: Jennifer Smira, Compass, Source:Bright MLS

1801 Madison Avenue

BALTIMORE, MD 21217
Mark as Favorite
Bed 9

Bed

Bath 0

Bath

SqFt5,296

Sqft

Acres0.06

Acre(Lot)

Welcome to 1801 Madison Avenue, a renovated six-unit multifamily property in Baltimore offering immediate cash flow and a prime location in the Madison Park Historic District. Situated within one of the city's established historic neighborhoods, this income-producing asset presents an exceptional opportunity for investors seeking a turnkey apartment building with stable occupancy, strong rental performance, and long-term appreciation potential. The property consists of six residential apartments, including five one-bedroom residences and one spacious three-bedroom unit. Each apartment is separately metered for gas and electricity, helping minimize owner operating expenses, and every unit is equipped with its own private washer and dryer, an amenity that continues to drive tenant demand. Th e current rent roll reflects $6,875 in monthly rental income, $82,500 annually, at 100% occupancy, providing immediate, stabilized cash flow from day one. Extensively improved over the years, 1801 Madison Avenue has benefited from significant capital upgrades to the building systems, utilities, plumbing, electrical service, and common infrastructure. The spacious residences feature abundant natural light from multiple exposures, gleaming pine floors, functional layouts, and thoughtfully updated interiors designed to support long-term occupancy. Every bathroom has been equipped with floor drains to help mitigate the risk of water damage and provide an added layer of preventative protection. The lower level also includes dedicated maintenance and storage space along with a convenient half bath, creating additional functionality for ownership and property management. Ideally located just steps from the Maryland Institute College of Art (MICA) and within minutes of the University of Maryland Medical Center, Johns Hopkins University, downtown Baltimore, and major employment centers, the property appeals to a diverse tenant base including students, healthcare professionals, university employees, and workforce renters. Residents enjoy convenient access to MARC, Light Rail, I-95, I-695, neighborhood shopping, grocery stores, restaurants, and everyday conveniences. Whether expanding an existing multifamily portfolio, completing a 1031 exchange, or acquiring a stabilized income-producing asset, 1801 Madison Avenue offers an outstanding combination of current cash flow, operational efficiency, modern improvements, and long-term investment potential in one of Baltimore's most desirable rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $795,000

AD Id : 89205555

MLS Id : MDBA2226230

Beds : 9

Lot Size : 0.06 Acre

Living Area Size : 5,296

Year Built : 1920

County : BALTIMORE CITY

Subdivision: Madison Park Historic District

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Feature Features

  • Bedroom Information

    Total beds: 9

    Room Information

    Has Basement: Yes Basement: Other
  • Flooring Information

    Wood, Hardwood
  • Interior Features

    Built-in Features Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: None, Electric

  • Building Information

    Year Built: 1920 Building Area Total: 5976 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 2,560 is approximate taken from a third party site Lot Size Acres: 0.06 Lot Size Source: Estimated Lot Size Square Feet: 2560

    Property Information

    Subdivision: MADISON PARK HISTORIC DISTRICT Source Property Type: Residential Income Postal Code Plus 4: 3891 Property SubType: Multi Family Property Age: 106

  • Listing Price Information

    Listing Price: $795000

  • Tax Information

    Parcel Number: 0314130331 001 Tax Lot: 001 Tax Year: 2025 Annual Tax: $10764

  • Parking Information

    On Street

  • School Information

    Elementary School: EUTAW-MARSHBURN
    Junior High School:
    Senior High School:
  • Location Information

    Direction: From Robert St Head toward Madison Ave Robert St turns left and becomes Madison Ave Destination will be on the left 1801 Madison Ave WaterSource: Public
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Nearby Home Value

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1526 Mcculloh Street, Baltimore, MD, 21217 $649,999 4 -- 4,112 4,112 SqFt
2024 Park Avenue, Baltimore, MD, 21217 $550,000 10 -- 3,450 3,450 SqFt
517 Mosher Street, Baltimore, MD, 21217 $310,000 4 -- 1,989 1,989 SqFt
1801 Eutaw Place, Baltimore, MD, 21217 $1,499,999 10 -- 8,690 8,690 SqFt
601 Whitelock Street, Baltimore, MD, 21217 $500,000 5 -- 5,600 5,600 SqFt
1704 Madison Avenue, Baltimore, MD, 21217 $699,999 2 -- 6,379 6,379 SqFt

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 ByOwner 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 15:02

MLS: MDBA2226230 LISTED BY: Jennifer Smira, Compass 202-386-6330 SOURCE: Bright MLS

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