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Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

1521 Park Ave, Baltimore, MD 21217

Baltimore property with studio and one-bedroom layouts near Penn Station, MICA, and the University of Baltimore.

Property SizeContact for details
Days on Market147

Property Features for 1521 Park Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x Studio, 4 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes
Listed By: Kevin Landolphi · License #5019982
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 10:48AM

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 Kevin Landolphi

Investment Insights

Based on property information with market context.

This five-unit apartment building at 1521 Park Ave includes one studio and four one-bedroom, one-bath units. Existing interiors feature a mix of white, black, and stainless steel appliances, wood cabinetry, hard-surface countertops, and hardwood or ceramic tile flooring. A potential renovation scope identified for the units includes stainless steel appliances, updated cabinets, granite countertops, and refreshed bathrooms.

The property is in Bolton Hill, a Baltimore neighborhood characterized by preserved historic buildings, monuments, and parks. Baltimore Penn Station, the Maryland Institute College of Art, and the University of Baltimore are all within walking distance. The address places the building within an established urban residential setting with access to nearby cultural, educational, and transportation destinations.

Key Highlights

  • Five total units: one studio and four 1 Br‑1 Ba apartments
  • Existing finishes include hardwood or ceramic tile flooring
  • Unit features include wood cabinets and hard‑surface countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,869
Businesses Nearby

Demographics for 21217, MD

30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
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?
Apartment building - Baltimore property with studio and one-bedroom layouts near Penn Station, MICA, and the University of Baltimore.
Where is this apartment building located?
The property is located at 1521 Park Ave Baltimore, MD.
What are key features of this property?
This property features: Five total units: one studio and four 1 Br‑1 Ba apartments; Existing finishes include hardwood or ceramic tile flooring; Unit features include wood cabinets and hard‑surface countertops
More about this property
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