Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1406 Madison Ave Baltimore, MD 21217

    For Sale
    $777,000

    MULTI_FAMILY - Federal - BALTIMORE, MD

    Lot size:
    0.07 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1406 Madison Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Lot size
    0.07 Acres

    Building Details

    Year built
    1920
    Number of units
    4
    Building materials
    Brick, Stone
    Architectural style
    Federal

    KLR Real Estate Inc. (410) 653-2500 [email protected]

    Listing agent Kimberly R Orange (410) 653-2500 License #502957

    Listing date Nov 7, 2025

    MLS# MDBA2178710 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Baltimore Multifamily Investment Opportunity

    This four-unit multifamily property, located in the Madison Park Historic District of Baltimore, presents an investment opportunity. The property contains 16 rooms across the four units, each separately metered. Each unit includes shared common areas such as a kitchen, an open-concept living and dining area, a bathroom, and laundry space. Some rooms are furnished. The property is located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. The property is situated on a lot of 0.07 acres. The property is suitable for student housing, transitional housing, or other high-demand rental strategies. The property has an estimated potential rent roll of $8,000-$10,000 per month when fully occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.62853
    Latitude
    39.30398

    Nearby Similar for Sale

    • $949,999
      6,702 SF

      Renovated Brownstone Multifamily Investment Opportunity

      Turnkey multifamily property with five luxury apartment units in Baltimore.
      2304 Eutaw Pl, Baltimore, MD 21217
      View Details
    • $1,100,000
      4,284 SF

      Renovated Five-Unit Charles Village Property

      Gorgeously renovated five-unit property in historic Charles Village, Baltimore.
      2601 N Charles St, Baltimore, MD 21218
      View Details
    • $690,000
      3,500 SF

      Rehabbed Multifamily Property with R6 Zoning

      Newly rehabbed 5-unit multifamily property with income potential in Baltimore.
      2519 Liberty Heights Ave, Baltimore, MD 21215
      View Details
    • $315,000
      1,984 SF

      Three-Unit Dwelling in Overlea

      Three-unit property with income potential in Overlea, Baltimore.
      3807 Fleetwood Ave, Baltimore, MD 21206
      View Details
    • New
      $800,000
      2,307 SF

      Renovated Firehouse with Two Apartments

      Completely renovated firehouse featuring two separate apartments with room to expand.
      1001 Hilltop Rd, Baltimore, MD 21226
      View Details
    • $1,200,000
      5,250 SF

      Baltimore Bed & Breakfast Opportunity

      Licensed bed and breakfast in Little Italy with investment potential.
      210 S High St, Baltimore, MD 21202
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Madison Park Historic District with income potential.
    Where is this quadplex located?
    The property is located at 1406 Madison Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $777,000.
    What are key features of this property?
    This property features: - High income potential with an estimated rent roll of $8,000-$10,000/month when fully occupied.; - Four separately metered units with a total of 16 rentable rooms, maximizing rental income.; - Located in a high-demand rental area near downtown attractions, universities (Johns Hopkins, MICA, UB), and transportation (MARC train, commuter routes).
    (410) 653-2500
    Request Owner's contact information
    1406 Madison Ave Baltimore, MD 21217
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1406 Madison Ave
    Baltimore, MD 21217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1406 Madison Ave Baltimore, MD 21217
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.