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45-Unit Apartment Property

2301 Maryland Ave, Baltimore, MD 21218

For Sale
$1,395,000

Five-building multifamily asset with apartments, rooming units, a courtyard, and off-street parking.

Property Size21,738 SF
Price / SF$64.17
Days on Market55

Property Features for 2301 Maryland Ave

General Information

Standard status Active
Size 21,738 SF
Total Parking Spaces 6

Property Condition

Severity Major Repairs Needed
Evidence needs substantial renovation

Site & Location

Neighborhood Old Goucher
Utilities to Site Yes

Units

Unit Mix 21 x rooming units, 3 x 1BR, 1 x 3BR
Multifamily Units 45

Additional Details

Asking Price $1,395,000

Building Details

Year Built 1900
Buildings 5
Listing Agency: Ben Frederick Realty, Inc.
Listed By: Will A Cannon III · License MD #657102
Source: Hargreaveshomesales
Added: Sep 18 Changed: Oct 26 Last Checked: Oct 7 at 2:58PM

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, Inc.

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Investment Insights

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This five-building multifamily property at 2301 Maryland Ave includes 45 rental units with a combination of apartments and rooming units. The unit mix includes apartments with private kitchens and bathrooms, studio and one-bedroom layouts, and a carriage house with three one-bedroom apartments plus a three-bedroom unit with exposed brick and an in-unit washer and dryer. The property requires substantial renovation and improvement.

Heating is provided by gas-fired boiler systems with radiator distribution. The property has 27 electric meters plus one house meter, 15 gas meters, and two tandem 75-gallon gas-fired water heaters. The landlord pays gas, electric, and water, while separately metered electric service is placed in tenants’ names. A central courtyard, five-car parking pad, and one garage provide shared outdoor space and off-street parking. The property is located in Baltimore’s Old Goucher Historic District near Remington, Hampden, Charles Village, Station North, and Greenmount West.

Key Highlights

  • 45 rental units across five buildings
  • Mix of apartments and rooming units, including studio, one‑bedroom, and three‑bedroom layouts
  • Carriage House includes 3 one‑bedroom apartments and 1 three‑bedroom apartment

Property Analytics

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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
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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 - Five-building multifamily asset with apartments, rooming units, a courtyard, and off-street parking.
Where is this apartment building located?
The property is located at 2301 Maryland Ave 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 rental units across five buildings; Mix of apartments and rooming units, including studio, one‑bedroom, and three‑bedroom layouts; Carriage House includes 3 one‑bedroom apartments and 1 three‑bedroom apartment
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