Apartment Building with 26
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
(410) 498-5408
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.
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
Lease Details
26
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
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
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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