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!
For sale
$777,000
1406 Madison Ave, Baltimore, MD 21217
16beds
--sqft
Est.:
Townhouse
Built in 1920
3,049 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
Kimberly Orange 410-753-3673,
KLR Real Estate Inc 4107533673
Source: Bright MLS,MLS#: MDBA2178854

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 7
- Full bathrooms: 7
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Common Area
Features
- Basement: Connecting Stairway,Full
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 3,049 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0314120378 003
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick, Stone
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Madison Park Historic District
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Tax assessed value: $70,200
- Annual tax amount: $1,657
- Date on market: 8/6/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Loading
- Loading