MLS: #MDBA2225118, Listed By: LaVond Brown, Jim Parks and Associates Realty LLC, Source:Bright MLS
2891 Pelham Avenue
BALTIMORE, MD 21213
5
Bed
0
Bath
3,444Sqft
0.06Acre(Lot)
BACK ACTIVE! $10,000 PRICE REDUCTION! 4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY — BELAIR-EDISON Investors and owner-occupants, this is the opportunity you've been waiting for! Welcome to 2891 Pelham Avenue, a 4-unit multifamily property in Baltimore's Belair-Edison community, offering immediate value-add potential and multiple strategies for the next owner. The property features four separate units: a studio, 1-bedroom, 2-bedroom, and an additional 2-Bedroom unit currently leased through October 31, 2026. Three units are currently vacant, creating an immediate opportunity for a new owner to renovate, lease, and reposition the property for increased rental income. The property is individually metered. Estimated $27K NOI and approximately 10% cap rate with additional upside through future r
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Room Information
Has Basement: Yes -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1927 Building Area Total: 3444 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.06 Lot Size Source: Estimated Lot Size Square Feet: 2509
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Listing Price Information
Listing Price: $260000
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Tax Information
Parcel Number: 0327014151 047 Tax Lot: 047 Tax Year: 2026 Annual Tax: $3573
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Parking Information
On Street
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Location Information
Direction: From I-295 North toward Baltimore. Merge onto I-95 North toward Downtown Baltimore. Take Exit 59 for Moravia Road (MD-150 East). Keep right onto Moravia Road and continue for approximately 2.5 miles. Turn left onto Sinclair Lane. Turn right onto Pelham Avenue. Property will be on your left. From I-695: Take Exit 33A for MD-43 W / White Marsh Boulevard toward Baltimore. Continue on MD-43 W, which becomes Moravia Road. Turn left onto Sinclair Lane. Turn right onto Pelham Avenue. Property will be on your left. If approaching from the west side of I-695, Take Exit 32B to I-95 South toward Baltimore. Exit onto Moravia Road (MD-43) and follow the directions above to Sinclair Lane and Pelham Avenue. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2736 E Preston Street, Baltimore, MD, 21213 | $199,000 | 2 | -- | 1,504 | -- |
| 1420 N Luzerne Ave, Baltimore, MD, 21213 | $210,000 | 4 | -- | 1,300 | -- |
| 1687 Darley Avenue, Baltimore, MD, 21213 | $65,000 | 3 | -- | 1,250 | 0.02 Acre |
Similar Multifamily To 2891 Pelham 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 09/10/2026 @ 23:32
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