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Renovated Historic Apartment Building
For Sale
Contact for pricing
Pending

1407 Park Ave, Baltimore, MD 21217

Five updated units and a penthouse accessory unit occupy a fully improved building with original architectural details.

Property SizeContact for details
Days on Market148

Property Features for 1407 Park Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: BHHS Homesale Realty
Listed By: Marta Lopushanska · License #PA
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 4 at 7:42PM

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 BHHS Homesale Realty

Investment Insights

Based on property information with market context.

This five-level apartment building contains over 6,100 square feet of finished living space, five units, and an accessory unit at the penthouse level. Renovations included new kitchens and bathrooms throughout, along with restored trim and flooring. The property retains original features including fireplace mantels and stained-glass windows, while major building systems have been upgraded with new electrical, plumbing, HVAC, and roofing improvements. The renovation received CHAP approval.

The building is located near MICA and Penn Station in Baltimore’s Bolton Hill area. The property also includes off-street parking and occupies a 150-by-25-foot lot. Its combination of multiple residential units, an accessory penthouse space, updated infrastructure, and preserved architectural elements provides a clear multifamily configuration.

Key Highlights

  • Over 6,100 square feet of finished space across five levels
  • Five apartment units plus an accessory unit at the penthouse level
  • New kitchens, bathrooms, electrical, plumbing, HVAC systems, and roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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 - Five updated units and a penthouse accessory unit occupy a fully improved building with original architectural details.
Where is this apartment building located?
The property is located at 1407 Park Ave Baltimore, MD.
What are key features of this property?
This property features: Over 6,100 square feet of finished space across five levels; Five apartment units plus an accessory unit at the penthouse level; New kitchens, bathrooms, electrical, plumbing, HVAC systems, and roof
More about this property
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