Multifamily Investment in Overlea,
10 & 14 E OVERLEA Avenue, Baltimore, MD 21206
New
MULTI_FAMILY - Contemporary - BALTIMORE, MD
Property size:
10,754 SFLot size:
0.69 AcresPrice / SF:
$60/SF- Added:
- May 28, 2026
- Days on Market:
- 2
- Last Refresh:
- May 29 at 10:06 pm
Property Features for 10 & 14 E OVERLEA Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Standard status
- Active
- Size
- 10,754 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3665
Building Details
- Year built
- 1908
- Number of units
- 1
- Building materials
- Frame
- Architectural style
- Contemporary
Listing agent Matthew S Cooper License #594308 (410) 977-4711
Listing office Alex Cooper Auctioneers, Inc. 908 York Road, TOWSON, MD (410) 828-4838
Listing date May 28, 2026
MLS# MDBC2164488
Listing URL
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.
HighLights
- Exceptional multifamily investment opportunity with two detached buildings totaling 16 residential units.
- Immediate cash flow with upside potential through lease‑up of current vacancies.
- Located in the desirable Overlea neighborhood of Baltimore.
- Scheduled Gross Annual Rent of $54,828 for 10 E. Overlea Avenue and $130,152 for 14 E. Overlea Avenue.
- Coin‑operated laundry in the basement of both buildings provides additional income.
- Parking included for each unit at 10 E. Overlea Avenue.
Overview
Located in the Overlea neighborhood of Baltimore, this unique offering consists of two detached multifamily buildings with a combined 16 residential units. 10 E. Overlea Avenue is comprised of 5 units, with 4 currently leased. The unit mix includes three 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 1-bath unit. This building features laundry in the basement (coin operated) and parking in the rear with one space per unit included in the rent. It has approximately 3,881 sq. ft. above grade on a lot of approximately 0.69 acres. Scheduled gross monthly rent is $4,569, with a scheduled gross annual rent of $54,828. Fully leased potential gross monthly rent is $5,419, and the fully leased potential gross annual rent is $65,208. 14 E. Overlea Avenue is comprised of 11 units, with 10 currently leased. The unit mix includes ten 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. This building also features laundry in the basement (coin operated), bringing in approximately $100 per month. It has approximately 6,873 sq. ft. above grade on a lot of approximately 0.69 acres. Scheduled gross monthly rent is $10,846, with a scheduled gross annual rent of $130,152. Fully leased potential gross monthly rent is $11,746, and the fully leased potential gross annual rent is $140,952. 2025 annual expenses for 10-14 E. Overlea Avenue include real estate taxes of $13,733, insurance of $11,771, gas/electric paid by landlord of $11,001, and pest control of $2,681. 10 E. Overlea Avenue has one common electric meter for the building (owner-paid), a central gas-fired water heater serving the building, and each unit has an individual gas boiler and separate gas meter with radiator heat throughout the units. 14 E. Overlea Avenue has individually metered electric and gas service for each unit, each unit has its own gas-fired water heater, and electric baseboard heating throughout, with tenants providing their own window A/C units. Estimated electrical service is approximately 50-60 amps per unit.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.52693
- Latitude
- 39.35634
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two multifamily buildings with 16 units in Overlea neighborhood.
Where is this apartment building located?
The property is located at 10 & 14 E OVERLEA Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity with two detached buildings totaling 16 residential units.; Immediate cash flow with upside potential through lease‑up of current vacancies.; Located in the desirable Overlea neighborhood of Baltimore.
