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Turnkey Three-Unit Residential Property
For Sale
$374,900

3603 W FOREST PARK Avenue, Baltimore, MD 21216

MULTI_FAMILY - Colonial - BALTIMORE, MD

Property Size3,364 SF
Lot Size0.13 Acres
Price / SF$111.44
Days on Market100

Property Features for 3603 W FOREST PARK Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active
Size 3,364 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 7165

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1920
Number of units 1
Building materials Frame
Architectural style Colonial
Listing Agency: Redfin Corp
Listed By: Dawn W. Kane · License #674957
Added: May 5 Changed: Jul 9 Last Checked: Aug 12 at 2:06PM
MLS# MDBA2211906

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This turnkey three-unit residential income property is fully leased and was completely renovated in 2019. The first-floor unit is a 3-bedroom, 1-bath home with 1,516 square feet. The second level includes two 2-bedroom, 1-bath apartments: Unit 2A at 750 square feet and Unit 2B at 798 square feet. Each unit features modernized kitchens and baths with updated flooring, and the basement includes common laundry. Updated building systems include HVAC and hot water heaters throughout.

The property is located at 3603 W FOREST PARK Avenue in Baltimore, MD 21216 within Baltimore City.

Current monthly income totals $3,332, comprised of $1,275/month for the first-floor unit, $1,065/month for Unit 2A, and $992/month for Unit 2B. Documentation available upon an accepted offer and proof of funds includes tenant leases, lead certifications, and a year-to-date rent roll.

Key Highlights

  • Turnkey, income‑producing 3‑unit property.
  • Fully leased with a total current monthly income of $3,332.
  • Completely renovated in 2019 with updated systems.

Property Analytics

Current Use

CortneyDevonInk Marketing & Advertising Project Youth Transitioning ... Family Recreation Center That's A Piece of Cake Bakery

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 21216, MD

27,729
Population
15,613
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
8,403
Density / Sq Mi
$46,440
Median Household Income
$36,634
Median Earnings
$1,160
Median Rent
$148,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased three-unit property renovated in 2019 with updated HVAC, hot water heaters, and basement laundry.
Where is this triplex located?
The property is located at 3603 W FOREST PARK Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Turnkey, income‑producing 3‑unit property.; Fully leased with a total current monthly income of $3,332.; Completely renovated in 2019 with updated systems.
More about this property
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