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    2806 Riggs Ave Baltimore, MD 21216

    For Sale
    $60,000

    Spacious 3-bedroom property with high ARV potential in up-and-coming area.

    Property size:
    1,412 SF

    Property Features for 2806 Riggs Ave

    General Information

    Size
    1,412 SF

    Building Details

    Year built
    1920

    Source: Keller Williams Legacy Agent Melissa Glaude

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Reno-Ready Investment Opportunity

    This spacious property presents an investment opportunity with significant potential. Located in an up-and-coming area, the property is a spacious 3-bedroom, 1-full bathroom home with potential for two more baths (1- half bath main level, & 1 full bath basement), living room, dining room, full basement and a balcony off the third bedroom. Most windows have been replaced, and new concrete has been poured on the front porch. The roof has been recently repaired and has no active leaks. A water heater is in place. The property is situated within walking distance of a new community center and near Katherine Johnson Global Academy and other community-based and recreation centers. A new school or multi-cultural center is planned where Alexander Hamilton Elementary School used to be. The property is being sold AS-IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6637892
    Latitude
    39.3005664

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    FAQs

    What type of property is this?
    Single family property - Spacious 3-bedroom property with high ARV potential in up-and-coming area.
    Where is this single family property located?
    The property is located at 2806 Riggs Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Significant investment potential with ARV estimated at $230k-$240k.; - Priced under $70k, representing a potentially substantial discount.; - Spacious 3-bedroom layout with 1 full bathroom and potential for 2 additional bathrooms.
    (443) 757-3400
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    Baltimore, MD 21216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2806 Riggs Ave Baltimore, MD 21216
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