1404 MADISON AVE, Baltimore, MD 21217

Building Details

Year built

1920

Flooring type

Hardwood, Tile, Tile - Ceramic

Building materials

Brick

Architectural style

Other

Listing agent Laura Jones Show Phone

Listing office Cattail Creek Glenwood 13554 Triadelphia Road, MD Show Phone

Listing date Nov 14, 2025

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MLS# MDBA2192120 Listing URL

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This investment property features five individual rental units, all recently rented, generating a total annual rent roll of $66,000, with a cap rate of 10.2%. The property has been freshly painted, and the hardwood floors have been refinished. The roof is approximately 5 years old, and the rental license is valid until March 2028. Each unit includes hardwood floors, a full kitchen, and a full bath. The property retains original 1920s wood details and moldings, high ceilings, carved marble fireplace mantels, and large rooms. Recently replaced windows provide natural light. The lower level offers multiple washer/dryers for tenant use and an entire floor of storage. An enclosed exterior rear courtyard and a two-car garage are included. All current leases will carry into 2026. The property is located in Baltimore, MD.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Baltimore

County

Baltimore

State

Maryland

Longitude

-76.62848

Latitude

39.30393

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FAQs

What type of property is this?

Apartment building - Investment property featuring five rental units with a 10.2% cap rate.

Where is this apartment building located?

The property is located at 1404 MADISON AVE Baltimore, MD.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: High Cap Rate: 10.2%; Annual Rent Roll: $66,000; 5 Individual Rental Units, all currently rented