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Income-Generating Triplex Investment
For Sale
$350,000

2308 W NORTH Avenue, Baltimore, MD 21216

MULTI_FAMILY - Colonial - BALTIMORE, MD

Property SizeContact for details
Lot Size0.05 Acres
Days on Market37

Property Features for 2308 W NORTH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 708

Utilities

Heating system Forced Air
Cooling system Central Air, Window Unit(s)

Building Details

Year built 1920
Number of units 1
Building materials Brick
Architectural style Colonial
Listing Agency: EXP Realty, LLC
Listed By: Federico Busacca · License #5002413
Added: Jul 16 Last Checked: Aug 21 at 5:06PM
MLS# MDBA2223300

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income triplex offers three residential units with forced-air heat. Unit 1 is a 1-bedroom, 1-bath layout that is currently used as a 2-bedroom. Unit 2 provides 2 bedrooms and 1 bath. Unit 3 offers 3 bedrooms and 1 bath. Unit 2 and Unit 3 are currently rented by the room.

Additional building systems include central air for Units 1 and 2, while Unit 3 has window A/C units.

The property is presented as a turnkey investment for buyers seeking a multi-unit income asset configured as a triplex with three separately leased units.

Key Highlights

  • Income‑producing triplex with three units: 1BD/1BA (currently used as a 2‑bedroom), 2BD/1BA, and 3BD/1BA
  • Units 2 and 3 are rented by the room
  • Year built 1920 with Colonial architectural style and brick construction

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Turnkey triplex features three separately leased units with forced-air heat and central or window A/C.
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 with three units: 1BD/1BA (currently used as a 2‑bedroom), 2BD/1BA, and 3BD/1BA; Units 2 and 3 are rented by the room; Year built 1920 with Colonial architectural style and brick construction
More about this property
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