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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

2042 Park Ave, Baltimore, MD 21217

Five one-bedroom apartments with separate gas and electric meters; two units are vacant for new tenant occupancy.

Property SizeContact for details
Days on Market148

Property Features for 2042 Park Ave

General Information

Standard status Pending
Property subtype Retail
Occupancy 60%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Amenities

coin laundry

Building Details

Tenancy Multi
Listing Agency: Long & Foster Bethany Beach, DE - Realty
Listed By: Kate Barnhart · License #DE
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 4 at 2:19PM

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 Long & Foster Bethany Beach, DE - Realty

Investment Insights

Based on property information with market context.

This end-unit apartment building contains five one-bedroom residences, each with one bathroom and its own interior character. Three apartments are occupied by long-term tenants, while two are vacant. Gas and electric service is separately metered for each unit. Shared amenities include a basement coin-operated laundry with a service contract through CSC Service Works.

Interior details include high ceilings, oversized windows, original hardwood floors, wood trim, and preserved moldings. The property is in Reservoir Hill, a historic West Baltimore neighborhood near Druid Hill Park. Downtown Baltimore is approximately three miles away, and nearby areas include Bolton Hill, Hampden, Charles Village, and Mount Vernon. Public transportation options include Metro Subway, light rail, and buses.

Key Highlights

  • Five one‑bedroom units, each with a single bath
  • Three of five units occupied by long‑term tenants; two units vacant
  • Separate gas and electric metering for each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Kitchen & Bath Showroom Pet Store Carpet & Flooring 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
60%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,710
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 one-bedroom apartments with separate gas and electric meters; two units are vacant for new tenant occupancy.
Where is this apartment building located?
The property is located at 2042 Park Ave Baltimore, MD.
What are key features of this property?
This property features: Five one‑bedroom units, each with a single bath; Three of five units occupied by long‑term tenants; two units vacant; Separate gas and electric metering for each apartment
More about this property
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