2407 Maryland Ave, Baltimore, MD 21218
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
2407 Maryland Ave,Baltimore, MD 21218
$260,000
- 5 Beds
- - Baths
- 2,466 sq. ft.
- Multi-family
- Pending
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, residents enjoy walkable access to Johns Hopkins University Homewood Campus, Penn Station, the Station North Arts District, and the Charles Village commercial corridor. With approximately 85% of neighborhood residents renting their homes, Old Goucher continues to provide a deep tenant pool supported by nearby employers, universities, restaurants, and public transportation....
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Home facts
- Year built:1900
- Subdivision & Development:OLD GOUCHER
- Listing ID #:MDBA2225114
- Added:51 day(s) ago
- Updated:September 14, 2026 at 08:15 AM
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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