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Apartment Building with 26 Units
For Sale
Contact for pricing
Pending

3508 Clifton Ave, Baltimore, MD 21216

Apartment building featuring 26 units, with most units reportedly occupied according to the listing remarks.

Days on Market111

Property Features for 3508 Clifton Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 13.11%
Multifamily Units 26

Building Details

Tenancy Multi
Listing Agency: Midfield Realty
Listed By: Yaakov Kanevsky · License #MD-5012433
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Jul 30 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midfield Realty

Investment Insights

Based on property information with market context.

This apartment building contains 26 units, and the listing indicates most of the units are currently occupied. The remarks also state that rents are below market for the area.

The property is located at 3508 Clifton Ave in Baltimore, MD 21216.

Per the listing remarks, the investment summary reflects approximately 69k–75k per door and a reported cap rate of about 13.11%. Prospective buyers should review current financials, unit mix, and tenancy details to confirm underwriting assumptions.

Key Highlights

  • Apartment building with 26 units
  • Listing remarks state most units are reportedly occupied
  • Listing remarks report rents are lower than market for the area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

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

26
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

588
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Apartment building featuring 26 units, with most units reportedly occupied according to the listing remarks.
Where is this multifamily property located?
The property is located at 3508 Clifton Ave Baltimore, MD.
What are key features of this property?
This property features: Apartment building with 26 units; Listing remarks state most units are reportedly occupied; Listing remarks report rents are lower than market for the area
(410) 498-5408 Call to check price and availability
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