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MLS: #MDBA2198282, Listed By: Yaakov Kanevsky, Midfield Realty, Source:Bright MLS

2111 Park Avenue

BALTIMORE, MD 21217
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Bed 27

Bed

Bath 0

Bath

2107–2111 Park Avenue is a 16-unit multifamily investment opportunity located in Baltimore’s Mount Royal/Reservoir Hill submarket, offering excellent access to major transportation corridors, Mount Royal/University of Baltimore Station, and Baltimore Penn Station. The property benefits from close proximity to Johns Hopkins University, MICA, the University of Baltimore, and the ongoing Reservoir Square revitalization—supporting long-term rental demand and neighborhood momentum. The asset is currently underperforming, with average in-place rents of approximately $1,060 per unit, roughly 50% below the estimated market average of $1,800, creating a clear value-add runway through lease-up and rent growth. Gross rental income is projected to increase from approximately $181,000 at current rents to $352,000 in Year 1, driving NOI growth from $78,426 currently to approximately $219,380 in Year 1 as vacancy is absorbed and under-market units are brought to market rates. The property offers spacious unit layouts with hardwood floors and private balconies, ample parking, shared laundry facilities, and separately metered gas and electric—helping reduce owner expense exposure.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 74292657

MLS Id : MDBA2198282

Beds : 27

Year Built : 1900

County : BALTIMORE CITY

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Feature Features

  • Bedroom Information

    Total beds: 27
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

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

  • Building Information

    Year Built: 1900 Construction Materials: Brick Pool Features: None Private Pool: No

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 0313113455 027 Tax Lot: 027 Tax Year: 2026 Annual Tax: $14183.6

  • Parking Information

    On Street

  • Location Information

    Direction: Please use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1215 John Street, Baltimore, MD, 21217 $610,000 5 -- 2,760 2,760 SqFt
1514 W Mount Royal Avenue, Baltimore, MD, 21217 $669,000 4 -- 4,344 4,344 SqFt
1912 Mount Royal Terrace, Baltimore, MD, 21217 $329,500 4 -- 3,251 3,251 SqFt
1729 Park Avenue, Baltimore, MD, 21217 $699,000 8 -- 2,856 2,856 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
1704 Madison Avenue, Baltimore, MD, 21217 $724,999 2 -- 4,733 4,733 SqFt
1736 Mcculloh St, Baltimore, MD, 21217 $370,000 8 -- 6,200 6,200 SqFt
1014 W Lanvale Street, Baltimore, MD, 21217 $316,000 7 -- 2,200 2,200 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 06/07/2026 @ 09:31

MLS: MDBA2198282 LISTED BY: Yaakov Kanevsky, Midfield Realty 410-498-5408 SOURCE: Bright MLS

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