$777,000

1406 MADISON AVE, Baltimore, MD 21217

  • 16 beds |
  • 7 baths
  • Property Icon Town Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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 Status:
Active
Listing Office:
KLR Real Estate Inc : 4106532500
Listing Agent:
Kimberly R Orange : 4107533673
MLS ID:
MDBA2178854
  • Laundry: Common
  • Basement: Connecting stairwayFull
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Kimberly R Orange, KLR Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

E

Eutaw-Marshburn Elementary School

1624 Eutaw Pl, Baltimore, MD, 21217

Grades PK-5

0.18 miles away

B

Booker T. Washington Middle School

1301 McCulloh St, Baltimore, MD, 21217

Grades 6-8

0.07 miles away

R

Renaissance Academy

1301 McCulloh St, Baltimore, MD, 21217

Grades 9-12

0.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.