2407 Maryland Ave, Baltimore, MD 21218

Baltimore
Local realty services provided by:ERA Liberty Realty
2407 Maryland Ave,Baltimore, MD 21218
$260,000
  • 5 Beds
  • - Baths
  • 2,466 sq. ft.
  • Multi-family
  • Active
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2225114
Source:BRIGHTMLS

Price summary

  • Price:$260,000
  • Price per sq. ft.:$105.43

About this home

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 building's systems and common areas. Additional improvements beyond market rent alignment may support even stronger rental performance and long-term appreciation. Located in the heart of Old Goucher,...

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Home facts

  • Year built:1900
  • Subdivision & Development:OLD GOUCHER
  • Listing ID #:MDBA2225114
  • Added:6 day(s) ago
  • Updated:July 29, 2026 at 01:56 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,466 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:2,466 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Converted Dwelling
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$260,000
  • Price per sq. ft.:$105.43
  • Tax amount:$4,510 (2025)

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