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Income-Generating Triplex
For Sale
$350,000

2308 W NORTH AVENUE, Baltimore, MD 21216

Triplex with three separately rented units, including forced-air heat and multiple A/C configurations.

Property SizeContact for details
Days on Market109

Property Features for 2308 W NORTH AVENUE

General Information

Standard status Active
Property subtype Triplex

Site & Location

Neighborhood Mondawmin

Building Details

Year Built 1920
Listing Agency: EXP Realty, LLC
Listed By: Federico Busacca · License #5002413
Source: Cummingsrealtors
Added: Jul 16 Changed: Oct 31 Last Checked: Nov 1 at 4:16AM

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 EXP Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This turnkey triplex is arranged as three income-producing units. Unit 1 is a 1-bedroom, 1-bath layout that is currently being used as a 2-bedroom. Unit 2 features 2 bedrooms and 1 bath, and Unit 3 offers 3 bedrooms and 1 bath. Unit 2 and Unit 3 are currently rented by the room, while all units have forced-air heat.

The property is located at 2308 W North Avenue in Baltimore, MD, just minutes from Coppin State University. Units 1 and 2 include central air, and Unit 3 is equipped with window A/C units.

Each unit’s existing heating and cooling configuration supports straightforward occupancy, with the two larger units set up for room-by-room rental.

Key Highlights

  • Income‑producing triplex built in 1920 with 3 separately rented units
  • Unit mix: 1BR/1BA (currently used as a 2BR), 2BR/1BA, and 3BR/1BA
  • Unit 2 and Unit 3 are rented by the room

Property Analytics

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Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby

Demographics for 21216, MD

27,729
Population
15,613
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
8,403
Density / Sq Mi
$46,440
Median Household Income
$36,634
Median Earnings
$1,160
Median Rent
$148,800
Median Home Value
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Market

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?
Triplex - Triplex with three separately rented units, including forced-air heat and multiple A/C configurations.
Where is this triplex located?
The property is located at 2308 W NORTH AVENUE Baltimore, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Income‑producing triplex built in 1920 with 3 separately rented units; Unit mix: 1BR/1BA (currently used as a 2BR), 2BR/1BA, and 3BR/1BA; Unit 2 and Unit 3 are rented by the room
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