2891 Pelham Ave, Baltimore, MD 21213

Baltimore
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
2891 Pelham Ave,Baltimore, MD 21213
$260,000
  • 5 Beds
  • - Baths
  • 3,444 sq. ft.
  • Multi-family
  • Active
Listed by: lavond p brown
Office: jim parks and associates realty llc.
MLS#:MDBA2225118
Source:BRIGHTMLS

Price summary

  • Price:$260,000
  • Price per sq. ft.:$75.49

About this home

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 rent adjustments and/or renovations. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant interested in a multifamily/house-hacking strategy, this property...

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Home facts

  • Year built:1927
  • Listing ID #:MDBA2225118
  • Added:52 day(s) ago
  • Updated:September 08, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:5
  • Basement:Yes
  • Basement Description:Side Entrance
  • Living area:3,444 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1927
  • Building area:3,444 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick, Masonry
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:No Septic System

Finances and disclosures

  • Price:$260,000
  • Price per sq. ft.:$75.49
  • Tax amount:$3,573 (2026)

Parking

  • Parking description:On Street

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