Mixed-Use Building with Income Potential

25 West North Avenue, Baltimore, MD 21201

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For Sale

$599,900

Multifamily building with commercial unit, live/work flexibility.

Type:Multi-Family / Fee Simple

Property size:

3,150 SF

Price / SF:

$190/SF

Listing Contact

Michael J Schiff

Real Estate License ID: 596243

HighLights

Mixed‑use C‑2 zoning provides income potential and live/work flexibility.
Leased commercial unit on the main level offers immediate income and strong storefront visibility.
Two residential units (second and third floor), each with 1 bedroom and 1.5 bathrooms, offer additional income potential.
Both residential units feature engineered wood floors, open floor plans, and spacious kitchens with ample cabinetry.
Ideal for owner‑occupant to live upstairs and operate a business downstairs.
Convenient location within Baltimore City limits.

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For Sale

$599,900

Multifamily building with commercial unit, live/work flexibility.

Type:Multi-Family / Fee Simple

Property size:

3,150 SF

Price / SF:

$190/SF

Added:: May 20, 2026
Days on Market:: 23
Last Refresh:: May 21 at 7:29 am

Property Features for 25 West North Avenue

General Information

Standard status: Active
Size: 3,150 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1900

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Listing Contact

Michael J Schiff

Listing agent Michael J Schiff License #596243

Listing office EXP Realty, LLC

Listing date May 20, 2026

Source Compass

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

HighLights

Mixed‑use C‑2 zoning provides income potential and live/work flexibility.
Leased commercial unit on the main level offers immediate income and strong storefront visibility.
Two residential units (second and third floor), each with 1 bedroom and 1.5 bathrooms, offer additional income potential.
Both residential units feature engineered wood floors, open floor plans, and spacious kitchens with ample cabinetry.
Ideal for owner‑occupant to live upstairs and operate a business downstairs.
Convenient location within Baltimore City limits.

Overview

This mixed-use property presents an opportunity for owner-occupants or investors, featuring C-2 zoning and income potential. The building includes a leased commercial unit on the main level, offering storefront visibility. The commercial space has access to the basement and an additional half bathroom. The second-floor apartment features 1 bedroom and 1.5 bathrooms, engineered wood floors, and an open floor plan. The kitchen is generously sized with cabinetry and prep space. The full bath includes a tub/shower combo, and there is an additional half bath. The third-floor unit also features 1 bedroom and 1.5 bathrooms with similar finishes and layout, including engineered wood floors, an open-concept design, a spacious kitchen with abundant cabinets and prep space, a large bedroom, and a full bath with a tub/shower combo. Located in Baltimore City, this property offers a versatile investment with both commercial and residential income potential.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$69.9k	$22.20
− Vacancy	−$3.8k	−$1.22
EGI	$66.1k	$20.98
− OpEx	−$19.8k	−$6.29
NOI	$46.3k	$14.69

3,150 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$660.8K

$578.2K – $771.0K (±1% cap)

NOI $46,259 @ 7.0% cap · market cap 7.71%

Second Best

Retail

$636.9K

$557.3K – $743.1K (±1% cap)

NOI $44,585 @ 7.0% cap · market cap 7.43%

Theoretical Best

Office A

$754.7K

$660.3K – $880.4K (±1% cap)

NOI $52,826 @ 7.0% cap · market cap 8.81%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Ertha Harris Committee Advocacy Group SFW Inc Auto Parts Store

Suggested Use

Location Insight

Map
Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.61546
Latitude: 39.310686

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For sale
Mixed-use properties
MD
Baltimore
21201
25 West North Avenue

What type of property is this?

Mixed-use property - Multifamily building with commercial unit, live/work flexibility.

Where is this mixed-use property located?

The property is located at 25 West North Avenue Baltimore, MD.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Mixed‑use C‑2 zoning provides income potential and live/work flexibility.; Leased commercial unit on the main level offers immediate income and **strong storefront visibility.**; Two residential units (second and third floor), each with 1 bedroom and 1.5 bathrooms, offer additional income potential.