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Six-Unit Multifamily in Reservoir Hill

2445 LAKEVIEW Ave, Baltimore, MD 21217

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For Sale

$500,000

Well-maintained six-unit multifamily property in Baltimore City.

Type:Commercial

Lot size:

0.27 Acres

HighLights

Value‑add opportunity with three vacant units for immediate lease‑up and increased cash flow.
Six‑unit multifamily asset in the desirable Reservoir Hill neighborhood of Baltimore City.
Individually equipped units with in‑unit washer/dryer, central HVAC, gas furnace, tankless water heater, and separate 100‑amp electric service.
Upgraded kitchens with granite countertops, stainless steel appliances, tile backsplash, and modern bathrooms with ceramic tile finishes.
Tenants pay their own gas, electric, and cable/internet, resulting in low owner expenses and strong NOI.
Excellent transit score (78) and very walkable location (76), near major commuter routes and neighborhood redevelopment.

We can help!

Listing Contact

Courtney D Hicks

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For Sale

$500,000

Well-maintained six-unit multifamily property in Baltimore City.

Type:Commercial

Lot size:

0.27 Acres

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 3:26 pm

Property Features for 2445 LAKEVIEW Ave

General Information

Standard status: Active
Lot size: 0.27 Acres
Property subtype: Commercial

Building Details

Year Built: 1909

We can help!

Listing Contact

Courtney D Hicks

Listing agent Courtney D Hicks License #594308

Listing office Alex Cooper Auctioneers, Inc.

Listing date Apr 24, 2026

Source Elliman

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 Alex Cooper Auctioneers, Inc.

HighLights

Value‑add opportunity with three vacant units for immediate lease‑up and increased cash flow.
Six‑unit multifamily asset in the desirable Reservoir Hill neighborhood of Baltimore City.
Individually equipped units with in‑unit washer/dryer, central HVAC, gas furnace, tankless water heater, and separate 100‑amp electric service.
Upgraded kitchens with granite countertops, stainless steel appliances, tile backsplash, and modern bathrooms with ceramic tile finishes.
Tenants pay their own gas, electric, and cable/internet, resulting in low owner expenses and strong NOI.
Excellent transit score (78) and very walkable location (76), near major commuter routes and neighborhood redevelopment.

Overview

This well-maintained six-unit multifamily property is located on a 0.265-acre lot in the Reservoir Hill neighborhood of Baltimore City. The property features four two-bedroom, one-bath units and two three-bedroom, one-bath units. Three units are currently occupied, providing in-place cash flow, while the remaining three vacant units offer an immediate value-add and lease-up opportunity. Most units measure approximately 900 square feet, with one two-bedroom unit at approximately 850 square feet. All units include hardwood floors, ceiling fans, overhead lighting, and digital thermostats. The upgraded kitchens feature granite countertops, stainless steel appliances, built-in microwaves, tile backsplash, and mini blinds. Bathrooms include ceramic tile finishes. Each unit is individually equipped with an in-unit washer and dryer, central HVAC, gas furnace, tankless water heater, and separate 100-amp electric service. Tenants are responsible for their own gas, electric, and cable/internet. The property is located near major commuter routes, public transportation, and neighborhood redevelopment activity, positioning it for rent growth and appreciation. The property is suitable for investors seeking a turnkey building with modern systems and upside potential. Projected annual expenses include real estate taxes of $4,017.00, water at $4,804.00, utilities at $2,957.00, inspections at $150.00, and landscaping at $1,170.00. Trash pick-up is provided through Baltimore City. The location has a bike score of 52, indicating it is bikeable, a walk score of 76, indicating it is very walkable, and a transit score of 78, indicating excellent transit options.

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City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.6322576
Latitude: 39.3161663

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For sale
Apartment buildings
MD
Baltimore
21217
2445 LAKEVIEW Ave

What type of property is this?

Apartment building - Well-maintained six-unit multifamily property in Baltimore City.

Where is this apartment building located?

The property is located at 2445 LAKEVIEW Ave Baltimore, MD.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Value‑add opportunity with **three vacant units for immediate lease‑up** and increased cash flow.; Six‑unit multifamily asset in the desirable Reservoir Hill neighborhood of Baltimore City.; Individually equipped units with **in‑unit washer/dryer, central HVAC**, gas furnace, tankless water heater, and separate 100‑amp electric service.