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    320 S Highland Ave Baltimore, MD 21224

    For Sale
    $1,150,000

    MULTI_FAMILY - Contemporary - BALTIMORE, MD

    Property size:
    3,340 SF
    Lot size:
    0.11 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 320 S Highland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    5
    Parking features
    Off Street, Assigned
    Size
    3,340 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Contemporary

    VYBE Realty (410) 220-4648 [email protected]

    Listing agent Andrew B Lehr (443) 602-4766 License #627322

    Listing date Nov 19, 2025

    MLS# MDBA2187088 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

    Highlandtown Multifamily with Development Potential

    Located in Highlandtown, Baltimore, this multifamily property offers incredible views of downtown and Patterson Park. The 4,500 square foot building was completely gutted and renovated in 2016 into four apartments. Each apartment features a 2-bedroom, 2.5-bathroom configuration. The property includes four off-street parking spaces. There is a development opportunity to add an additional 6-8 apartments within a 4-story building on the side yard, connecting to the existing lobby, based on permitted engineer plans. Some infrastructure improvements have already been completed in preparation for additional apartments, including an upgraded water service line, 3-phase electric run down the alley, electric service for 10 units, and a lobby with an elevator shaft already built. The favorable C-1 zoning allows for the additional apartments to be constructed on the oversized 53' x 92' lot. The current gross annual rent is over $100,000 per year, with the potential to more than double income when additional apartments are added. The property size is 3,340 square feet and the lot size is 0.11 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    I O of Grand ... Fraternal Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -76.5694
    Latitude
    39.28797

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    FAQs

    What type of property is this?
    Apartment building - Renovated multifamily with expansion opportunity in Highlandtown, Baltimore.
    Where is this apartment building located?
    The property is located at 320 S Highland Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - High income potential: Current gross annual rent over $100k with opportunity to more than double by adding 6-8 more apartments.; - Development Opportunity: Permitted engineer plans available for adding 6-8 apartments on an oversized lot with favorable C-1 zoning.; - Partially Completed Infrastructure: Upgraded water service, 3-phase electric, and electric service for 10 units already in place for expansion.
    (443) 602-4766
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    Baltimore, MD 21224
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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
    320 S Highland Ave Baltimore, MD 21224
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