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2111 Park Avenue Baltimore, MD 21217

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For Sale
$1,590,000

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

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Listing Contact
Yaakov Kanevsky

Listing agent Yaakov Kanevsky

Listing office Midfield Realty

Listing date Dec 30, 2025

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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

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Apartment buildings

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Location Insight

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City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.629083
Latitude
39.3145539

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.
More about this property
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