2708 Maryland Ave
Baltimore, MD 21218
Maryland Avenue Triplex · Multifamily Property For Sale · 3 Units

2708 Maryland Avenue presents the opportunity to acquire a three-unit multifamily investment in Baltimore’s Charles Village neighborhood, located four blocks from Johns Hopkins University’s Homewood Campus. Anchored by one of the region’s largest academic and medical institutions, this corridor consistently attracts student, faculty, and workforce tenants seeking walkable housing near campus and neighborhood amenities.
The property includes two one-bedroom apartments and one studio apartment and is offered at $305,000 ($101,667 per unit). Based on comparable apartments in similar condition, the property projects an 11.7% cash-on-cash return at market rents, representing measurable income upside without requiring major repositioning. The building is currently separately metered for gas and electric service, with tenants responsible for their in-unit consumption.
Located along the Maryland Avenue corridor, tenants benefit from close proximity to Johns Hopkins University, Wyman Park Dell, the Charles Village Shopping District, and the Maryland Avenue Cycle Track. The neighborhood provides strong walkability and convenient access to transit routes and the Hopkins Shuttle system connecting multiple Baltimore campuses.
For investors seeking additional value creation, strategic interior upgrades — including modernized kitchens, baths, and flooring — could position apartments to achieve $1,500+ monthly rents in this proven rental corridor.