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6-Unit Apartment Building
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1520 Madison Ave, Baltimore, MD 21217

Updated apartment interiors feature stainless-steel kitchens, modern bathrooms, durable plank flooring, and in-unit laundry.

Property SizeContact for details
Days on Market143

Property Features for 1520 Madison Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Utilities to Site Yes
Multifamily Units 6

Amenities

stainless steel appliances
washer/dryer
central air conditioning
recessed lighting
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:20AM

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 Ben Frederick Realty

Investment Insights

Based on property information with market context.

This six-unit apartment building has substantially upgraded interiors with stainless-steel kitchen appliances, including 30-inch electric ranges, over-the-range microwaves, sinks, faucets, and disposals. Bathrooms include contemporary vanities, ceramic tile surrounds, and either vinyl shower stalls or tubs. Each apartment has vinyl plank flooring, a stacked washer and dryer, recessed lighting, a wall-mounted electric heat pump, central air conditioning, and an individual water heater.

The property operates entirely on electricity with separate utility meters, allowing residents to manage and pay providers directly. Each unit has 150 amps of power. Rear windows have been replaced with vinyl units, while original wood-frame windows remain at the front. The approved zoning permit provides for six dwelling units. Framing and insulation work is complete, the sprinkler system is near completion, and several plumbing, mechanical, gas, electric, and building permits require finalization.

The property is at 1520 Madison Ave in Baltimore, near the planned Reservoir Square redevelopment, Mount Vernon, and the YMCA in Druid Hill. Walk Score is 91 and Transit Score is 87.

Key Highlights

  • Approved zoning permit for 6 dwelling units
  • 150 amps of power per unit with separate electric metering
  • Each apartment includes a stacked washer and dryer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair 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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,614
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 - Updated apartment interiors feature stainless-steel kitchens, modern bathrooms, durable plank flooring, and in-unit laundry.
Where is this apartment building located?
The property is located at 1520 Madison Ave Baltimore, MD.
What are key features of this property?
This property features: Approved zoning permit for 6 dwelling units; 150 amps of power per unit with separate electric metering; Each apartment includes a stacked washer and dryer
(410) 235-9500 Call to check price and availability
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