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45-Unit Apartment Building

2301-2307 Maryland Avenue, Baltimore, MD 21218

For Sale
Contact for pricing

The property combines conventional apartments with rooming units across a multi-building residential layout.

Property SizeContact for details
Days on Market43

Property Features for 2301-2307 Maryland Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence needs substantial renovation and improvement

Site & Location

Neighborhood Old Goucher
Utilities to Site Yes

Units

Unit Mix 24 x apartment, 21 x rooming unit
Multifamily Units 45
Individually Metered Utilities electricity

Amenities

central courtyard

Building Details

Buildings 5
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon
Source: Crexi
Added: Sep 30 Changed: Nov 8 Last Checked: Nov 10 at 6:46AM

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

Rey
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Investment Insights

Based on property information with market context.

This Baltimore apartment property comprises 45 units in five buildings, including 24 apartments and 21 rooming units. The buildings require substantial renovation. A central courtyard provides shared outdoor space, and the site includes a five-car parking pad and one garage.

Heating is supplied by gas-fired boiler systems with radiator distribution. Three buildings, including the carriage house, use a Peerless steam boiler; the other two are served by tandem Slant/Fin boilers with hot-water circulation. Two tandem 75-gallon gas-fired water heaters provide hot water. The property has 27 electric meters plus a house meter and 15 gas meters. The landlord pays gas, electric, and water; tenants are responsible for electric service where units have separate meters.

Key Highlights

  • 45 units: 24 apartments and 21 rooming units
  • Five buildings; substantial renovation is needed
  • Central courtyard and a five‑car parking pad

Property Analytics

Lease Details

45
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,856
Businesses Nearby

Demographics for 21218, MD

46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Baltimore, MD

$151 Jul
$157 Aug
$138 Sep
$131 Oct

Properties on Market for Apartment buildings in Baltimore

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines conventional apartments with rooming units across a multi-building residential layout.
Where is this apartment building located?
The property is located at 2301-2307 Maryland Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 45 units: 24 apartments and 21 rooming units; Five buildings; substantial renovation is needed; Central courtyard and a five‑car parking pad
(410) 916-3331 Call to check price and availability
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