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    3026 Tennessee Ave Baltimore, MD 21227

    New
    Under Contract
    For Sale
    $399,990

    MULTI_FAMILY - Colonial - BALTIMORE, MD

    Property size:
    2,352 SF
    Lot size:
    0.11 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 3026 Tennessee Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking
    8
    Parking features
    Garage - Attached, Off Street, Driveway
    Size
    2,352 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1925
    Number of units
    4
    Building materials
    Block, Stick Built, Vinyl Siding
    Architectural style
    Colonial

    REAL BROKER LLC (202) 335-7325 [email protected]

    Listing agent Evan M Weissman (410) 240-2922 License #664574

    Listing date Dec 1, 2025

    MLS# MDBC2141068 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 Four-Unit Income Property

    Located in Baltimore, this fully licensed four-unit property features updated interiors. Currently, three units are occupied, and one is vacant, offering immediate placement or occupancy. The property has been maintained and improved over time, supporting steady performance. Features include updated finishes and clean mechanicals. The property offers strong cash flow with upside potential and may also be suitable for an owner-occupant. The building's tenancy is stable, and there are opportunities for future value improvements. With a gross annual income of approximately $66,000 and potential for additional optimization, this asset is positioned for long-term performance. The property size is 2,352 square feet on a lot of 0.11 acres.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.63213
    Latitude
    39.23964

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    FAQs

    What type of property is this?
    Quadplex - Licensed four-unit property with updated interiors and strong cash flow.
    Where is this quadplex located?
    The property is located at 3026 Tennessee Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $399,990.
    What are key features of this property?
    This property features: - Strong cash flow with upside potential and gross annual income of approximately $66,000.; - Fully licensed four-unit property with updated interiors and clean mechanicals.; - Three reliable tenants in place, ensuring immediate income.
    (410) 240-2922
    Request Owner's contact information
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    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
    3026 Tennessee Ave Baltimore, MD 21227
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