MLS: #MDBA2225114, Listed By: Will Cannon, Ben Frederick Realty, Inc., Source:Bright MLS
2407 Maryland Avenue
BALTIMORE, MD 21218
5
Bed
0
Bath
2,466Sqft
0.03Acre(Lot)
2407 Maryland Avenue presents a three-unit apartment building in Baltimore's Old Goucher neighborhood, offering investors immediate income with meaningful upside. Simply bringing the existing rents to current market levels is projected to increase gross rental income by nearly $1,000 per month, resulting in a projected 10.4% return on investment—all without requiring extensive renovations. The property has been under long-term ownership and reflects deferred maintenance and cosmetic wear consistent with many years of ownership. Investors have the flexibility to execute an improvement strategy that matches their budget and investment goals, whether through routine cosmetic updates, mid-grade renovations, complete apartment rehabs as units become available, or capital improvements to the bu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5 -
Roofing Information
Rubber -
Interior Features
Roof: Rubber Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1900 Building Area Total: 3288 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 15' x 90' Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1350Property Information
Subdivision: OLD GOUCHER Source Property Type: Residential Income Postal Code Plus 4: 5033 Zoning Description: Licensed for 3 Dwelling Units Property SubType: Triplex Property Age: 126
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Listing Price Information
Listing Price: $260000
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Tax Information
Parcel Number: 0312063624 004 Tax Lot: 004 Tax Year: 2025 Annual Tax: $4510
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Parking Information
None
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2604 Garrett Avenue, Baltimore, MD, 21218 | $290,000 | 5 | -- | 2,000 | 2,000 SqFt |
| 811 Gorsuch Avenue, Baltimore, MD, 21218 | $299,000 | 3 | -- | 2,000 | 2,000 SqFt |
| 702 Homestead Street, Baltimore, MD, 21218 | $395,000 | 6 | -- | 1,920 | 1,920 SqFt |
| 2420 Greenmount Avenue, Baltimore, MD, 21218 | $225,000 | -- | -- | -- | |
| 622 E 33rd Street, Baltimore, MD, 21218 | $510,000 | 4 | -- | 2,492 | 2,492 SqFt |
| 608 E 33rd Street, Baltimore, MD, 21218 | $289,000 | 3 | -- | 2,041 | 2,041 SqFt |
| 2405 Barclay Street, Baltimore, MD, 21218 | $350,000 | 3 | -- | 20,000 | 20,000 SqFt |
| 339 E 31st Street, Baltimore, MD, 21218 | $525,000 | 6 | -- | 3,024 | 3,024 SqFt |
| 118 E 25th Street, Baltimore, MD, 21218 | $299,999 | 6 | -- | 2,895 | 2,895 SqFt |
| 2116 Saint Paul Street, Baltimore, MD, 21218 | $650,000 | 3 | -- | 3,480 | 3,480 SqFt |
Similar Multifamily To 2407 Maryland Avenue
Nearby For Sale
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 07/27/2026 @ 11:05
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