2111 Park Avenue Baltimore, MD 21217
16-unit apartment building in Mount Royal/Reservoir Hill submarket.
Type:Multi-Family / Other
- Added:
- Dec 30, 2025
- Days on Market:
- 109
- Last Refresh:
- Mar 13 at 5:18 pm
Property Features for 2111 Park Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi-Family / Other
Building Details
- Year Built
- 1900
Listing agent Yaakov Kanevsky (410) 324-6939
Listing office Midfield Realty (410) 324-6939
Listing date Dec 30, 2025
Source Compass
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 Midfield Realty
Overview
Baltimore Multifamily Investment Opportunity
The property at 2107–2111 Park Avenue is a 16-unit multifamily investment opportunity in Baltimore’s Mount Royal/Reservoir Hill submarket. It offers access to major transportation corridors, Mount Royal/University of Baltimore Station, and Baltimore Penn Station. The property is near Johns Hopkins University, MICA, the University of Baltimore, and the Reservoir Square revitalization. The asset is currently underperforming, with average in-place rents of approximately $1,060 per unit, roughly 50% below the estimated market average of $1,800. This creates a value-add runway through lease-up and rent growth. Gross rental income is projected to increase from approximately $181,000 at current rents to $352,000 in Year 1. Net Operating Income (NOI) growth is projected to increase from $78,426 currently to approximately $219,380 in Year 1 as vacancy is absorbed and under-market units are brought to market rates. The property offers spacious unit layouts with hardwood floors and private balconies, ample parking, shared laundry facilities, and separately metered gas and electric. The property is located within Baltimore City limits and is part of the Baltimore City Public Schools district.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.629083
- Latitude
- 39.3145539
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 16-unit apartment building in Mount Royal/Reservoir Hill submarket.
Where is this apartment building located?
The property is located at 2111 Park Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Significant value‑add potential: current rents are approximately 50% below market average.; Strong income growth potential: projected increase in gross rental income from $181,000 to $352,000 in Year 1.; Prime location in Baltimore’s Mount Royal/Reservoir Hill submarket with excellent access to transportation.
