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Value-Add Multifamily Building

1400-1402 Madison Avenue, Baltimore, MD 21217

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For Sale

$429,900

Seven-unit multifamily property with separate utilities and a detached garage, sold as-is for renovation-focused buyers.

Type:Multi-Family

Property size:

3,168 SF

Price / SF:

$135/SF

HighLights

7‑unit multifamily building with six 1‑bedroom units and one 2‑bedroom unit
Over 4,000 SF of living space
Individual gas and electric meters for each unit
Detached 2‑car garage plus on‑street parking on a corner lot
Zoning: R‑7; rubber roof
Sold as‑is; property requires renovation and improvements

We can help!

Listing Contact

Deric Beckett

Learn more

For Sale

$429,900

Seven-unit multifamily property with separate utilities and a detached garage, sold as-is for renovation-focused buyers.

Type:Multi-Family

Property size:

3,168 SF

Price / SF:

$135/SF

Added:: Apr 22, 2026
Days on Market:: 55
Last Refresh:: Jun 15 at 6:53 am

Property Features for 1400-1402 Madison Avenue

General Information

Standard status: Active
Size: 3,168 SF
Property subtype: Multi-Family

Building Details

Year Built: 1920

We can help!

Listing Contact

Deric Beckett

Listing agent Deric Beckett License #531319

Listing office Berkshire Hathaway HomeServices PenFed Realty

Listing date Apr 22, 2026

Source Xome

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 Berkshire Hathaway HomeServices PenFed Realty

HighLights

7‑unit multifamily building with six 1‑bedroom units and one 2‑bedroom unit
Over 4,000 SF of living space
Individual gas and electric meters for each unit
Detached 2‑car garage plus on‑street parking on a corner lot
Zoning: R‑7; rubber roof
Sold as‑is; property requires renovation and improvements

Overview

This 7-unit multifamily property includes six 1-bedroom units and one 2-bedroom unit, totaling just over 4,000 square feet of living space. Each unit is served by individual gas and electric meters, which can help streamline utility management for an owner. The building also features a side courtyard and a fenced backyard. A detached 2-car garage is included on the property and may provide additional income through parking or storage rental.

The property is a corner location at 1400-1402 Madison Avenue in Baltimore, MD 21217. The exterior layout includes outdoor space at the side courtyard and within the fenced backyard, which can support tenant use and improve day-to-day livability.

The building requires renovation and is offered strictly as-is, making it well suited for investors, contractors, or developers looking for a value-add project. With a defined unit mix, individual utility metering, and onsite garage space, the property offers an actionable structure for repositioning and operational planning. Cash, hard money, or commercial financing only.

Location Intelligence

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Apartment buildings

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Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.6283825
Latitude: 39.3038577

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For sale
Apartment buildings
MD
Baltimore
21217
1400-1402 Madison Avenue

What type of property is this?

Apartment building - Seven-unit multifamily property with separate utilities and a detached garage, sold as-is for renovation-focused buyers.

Where is this apartment building located?

The property is located at 1400-1402 Madison Avenue Baltimore, MD.

What is the asking price?

The asking price for this property is $429,900.

What are key features of this property?

This property features: 7‑unit multifamily building with six 1‑bedroom units and one 2‑bedroom unit; Over 4,000 SF of living space; Individual gas and electric meters for each unit