Log In/Sign Up
Your email has been sent.
2301 Maryland Ave
Baltimore, MD 21218
Multifamily Property For Sale
·
45 Units
Investment Highlights
- Five Buildings on One Block and Lot – scale rarely available in Baltimore rowhouse product
- Old Goucher Location in a Strengthening Corridor – positioned between Charles Village, Station North, and Johns Hopkins University
Executive Summary
The property has been under the same ownership for approximately 50 years, with little to no significant capital improvements completed during that time. Deferred maintenance throughout the buildings creates a substantial redevelopment opportunity best suited for experienced investors or developers familiar with full-scale repositioning projects. The entry basis reflects the work required to stabilize and improve the asset, while the existing density, layout, and zoning provide multiple paths for future operations.
2301–2307 Maryland Avenue consists of 24 apartments and 21 rooming units across five contiguous buildings on a single block and lot in Baltimore, Maryland. The buildings span a continuous frontage along Maryland Avenue and combine traditional apartment layouts with institutional-style configurations that support shared housing environments.
Located in Old Goucher, the property sits between Johns Hopkins University, Charles Village, and the Station North Arts District. The area benefits from proximity to major employers, higher education, healthcare, transit, and ongoing residential and commercial reinvestment.
2301–2307 Maryland Avenue consists of 24 apartments and 21 rooming units across five contiguous buildings on a single block and lot in Baltimore, Maryland. The buildings span a continuous frontage along Maryland Avenue and combine traditional apartment layouts with institutional-style configurations that support shared housing environments.
Located in Old Goucher, the property sits between Johns Hopkins University, Charles Village, and the Station North Arts District. The area benefits from proximity to major employers, higher education, healthcare, transit, and ongoing residential and commercial reinvestment.
Property Facts
| Price Per Unit | $51,749 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 9.79% | Building Size | 21,738 SF |
| No. Units | 45 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Garden | Parking Ratio | 0.28/1,000 SF |
| Zoning | C-1 - Licensed for 24 Dwelling Units and 21 Rooming Units. | ||
| Price Per Unit | $51,749 CAD |
| Sale Type | Investment |
| Cap Rate | 9.79% |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 21,738 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.28/1,000 SF |
| Zoning | C-1 - Licensed for 24 Dwelling Units and 21 Rooming Units. |
Amenities
Unit Amenities
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | - |
Property Taxes
| Parcel Number | 3623-001 | Improvements Assessment | $1,420,380 CAD |
| Land Assessment | $394,314 CAD | Total Assessment | $1,814,693 CAD |
Property Taxes
Parcel Number
3623-001
Land Assessment
$394,314 CAD
Improvements Assessment
$1,420,380 CAD
Total Assessment
$1,814,693 CAD
1 of 75
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
