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About the Listing KLRE1 - 27478
Fantastic investment opportunity in the heart of Baltimore - Madison Park Historic District! Add this four-unit (16 rooms) multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each of the four separately metered units features individual rental rooms, totaling 16 rentable rooms—a rare setup ideal for maximizing rental income. Each unit includes shared common areas: a kitchen, open-concept living and dining area, bathroom, and laundry space. Some rooms are furnished, making this a turn-key opportunity for student housing, transitional housing, or other high-demand rental strategies. Located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. This property is a cash-flowing asset in a growing neighborhood. Estimated potential rent roll of $8,000–$10,000/month when fully occupied. Whether you're a seasoned investor or just starting your portfolio, this property is a prime addition. Don’t miss this opportunity to capitalize on a high-yield investment!
Listing Highlights for 1406 Madison Ave
Status
Pending
Days on Site
88
Property Type
Multi-Family
MLS ®
MDBA2178710
Year Built
1920
Total Square Footage
0
Lot/Acreage
0.07
County
Baltimore City
Neighborhood
Madison Park Historic District
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement: Connecting Stairway,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-7
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,657
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
1406 Madison Ave Baltimore, MD 21217
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