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Renovated Six-Unit Apartment Building
New
For Sale
$795,000

1801 MADISON AVENUE, Baltimore, MD 21217

Renovated multifamily property with separately metered apartments and private in-unit laundry.

Property Size5,976 SF
Price / SF$133.03
Days on Market5

Property Features for 1801 MADISON AVENUE

General Information

Standard status Active
Size 5,976 SF
Property subtype Commercial
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR, 1 x 3BR, 1 x 2BR
Multifamily Units 6

Additional Details

Gross Income $82,500

Amenities

private washer and dryer

Building Details

Year Built 1920
Listing Agency: Compass
Listed By: Jennifer S Smira · License #SP600505
Source: Cummingsrealtors
Added: Aug 7 Changed: Aug 10 Last Checked: Aug 11 at 6:03AM

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 Compass

Investment Insights

Based on property information with market context.

This 5,976-square-foot apartment building contains six residences: four one-bedroom units, one three-bedroom unit, and one two-bedroom unit. Built in 1920, the property has undergone improvements to its building systems, utilities, plumbing, electrical service, and shared infrastructure. Each apartment has separate gas and electric metering, private laundry equipment, pine flooring, multiple exposures, and updated interiors. The lower level provides maintenance and storage areas, plus plumbing for a half bath. Bathroom floor drains are installed throughout the apartments.

The property is located at 1801 Madison Avenue in Baltimore’s Madison Park Historic District, near the Maryland Institute College of Art and within minutes of the University of Maryland Medical Center, Johns Hopkins University, and downtown Baltimore. Access to MARC, Light Rail, I-95, and I-695 is also nearby. The rent roll reflects 100% occupancy, with a mix of apartment sizes suited to residents connected to nearby universities, medical facilities, and employment centers.

Key Highlights

  • Six‑unit apartment building totaling 5,976 square feet
  • Unit mix includes four one‑bedroom, one two‑bedroom, and one three‑bedroom apartment
  • 100% occupancy reflected on the current rent roll

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Computer & Electronic Repair Locksmith

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
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,735
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 - Renovated multifamily property with separately metered apartments and private in-unit laundry.
Where is this apartment building located?
The property is located at 1801 MADISON AVENUE Baltimore, MD.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Six‑unit apartment building totaling 5,976 square feet; Unit mix includes four one‑bedroom, one two‑bedroom, and one three‑bedroom apartment; 100% occupancy reflected on the current rent roll
More about this property
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