2708 Maryland Avenue, BALTIMORE, Maryland image 1

Active

MLS: #MDBA2207358, Listed By: Will Cannon, Ben Frederick Realty, Inc., Source:Bright MLS

2708 Maryland Avenue

BALTIMORE, MD 21218

$285,000 $1,201/Mo

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Overview

Bed

Bath

2,238

Sqft

0.03

Acre(Lot)

Description

At just $95,000 per unit, 2708 Maryland Avenue offers an unusually low entry point into the Charles Village rental market, just four blocks from Johns Hopkins University’s Homewood Campus. Owned and operated by the same owner for 53 years, the property has seen no capital improvements over that time. Outdated systems, deferred maintenance and below-market rents create multiple paths to increased income and long-term value. Investors do not need to take on a full renovation immediately to improve performance. Existing apartments can be re-leased at market rents in similar condition, while a more aggressive strategy could include renovating apartments as they become vacant. Updated kitchens, baths and flooring could position renovated units to achieve rents of $1,500+ per month. This allows a new owner to choose between immediate market rent alignment, phased improvements, or a larger renovation program over time. The building consists of two one-bedroom apartments and one studio and also offers a compelling owner-occupant opportunity. The property meets FHA self-sufficiency guidelines. With as little as 3.5% down, an owner could occupy one apartment while collecting $2,300 per month from the remaining units. Based on the suggested financing, the rental income would offset all but $101 per month of PITI and PMI. Estimates exclude utilities. The location supports each of these strategies. 2708 Maryland Avenue is four blocks from Johns Hopkins University’s Homewood Campus and Wyman Park Dell, with walkable access to the Charles Village Shopping District, Maryland Avenue Cycle Track, neighborhood dining and retail, Hopkins Shuttle routes and other major Baltimore employment centers. At $285,000, this is an opportunity to acquire three apartments in the Hopkins-driven Charles Village rental corridor for $95,000 per unit, with multiple paths to increase income depending on an investor’s renovation strategy and timeline.

Property Details

Property Type : Residential Income

Price : $285,000

AD Id : 76222865

MLS Id : MDBA2207358

Beds : 2

Lot Size : 0.03 Acre

Living Area Size : 2,238

Tax Amount : 4052.00

Year Built : 1920

County : BALTIMORE CITY

Subdivision: Charles Village

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant Cooling: None

Building Information

Year Built: 1920 Building Area Total: 3056 Construction Materials: Brick Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 14'2" x 85' Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1190

Property Information

Subdivision: CHARLES VILLAGE Source Property Type: Residential Income Postal Code Plus 4: 5523 Zoning Description: Licensed for 3 Dwelling Units Property SubType: Triplex Property Age: 106

Listing Price Information

Listing Price: $285000

Tax Information

Parcel Number: 0312033646 005 Tax Lot: 005 Tax Year: 2025 Annual Tax: $4052

Parking Information

None

Location Information

Direction: GPS WaterSource: Public

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Nearby Home Value

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2709 N Calvert Street, Baltimore, MD, 21218	$724,990	3	--	2,940	0.06 Acre
17 E 21st Street, Baltimore, MD, 21218	$649,000	5	--	3,732	--

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ByOwner last updated this listing 09/12/2026 @ 10:41

MLS: MDBA2207358 LISTED BY: Will Cannon, Ben Frederick Realty, Inc. 410-235-9500 SOURCE: Bright MLS