Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

1900 Maryland Ave , Baltimore, MD 21218
$1,999,990
Est. Payment: $10,644.79/mo
17365 Sqft
Status: active | Days on site: 106
Get Pre-Qualified
MIDRE1 - 3392438
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Portfolio sale – all assets to be sold together. 1900 Maryland Ave (21218) and 100–102 W North Ave (21201)! This multifamily investment offers 16 total units—15 residential and 1 commercial—presenting a rare opportunity in a strong, centrally located Baltimore corridor. The residential mix includes one 1-bedroom/1-bath unit and fourteen 2-bedroom units, with eight featuring 1 bath and six offering 1.5 baths. Unit 101 includes two additional rooms without windows and highlights the building’s durable brick construction. Currently 70% occupied, the property generates $12,599 in monthly gross rent, providing immediate cash flow while offering substantial upside. A new owner can complete the lease-up, increasing gross monthly revenue to $28,600 with average stabilized rents of $1,823 per unit. Upon full stabilization and execution of the business plan, the asset is projected to achieve a 10.74% cap rate, making this a compelling lease-up value play with minimal operational risk. Each unit is equipped with central A/C, forced air heating, hardwood flooring, granite countertops, in-unit laundry (select units), and individual electric meters for modern comfort and operational efficiency. The property is also lead-free, ensuring a safe and healthy living environment. Interior upgrades include luxury vinyl plank flooring, stainless steel appliances, and newly updated kitchens and baths. Its prime location places residents within easy reach of major employment centers, including MedStar Union Memorial Hospital (3 miles), UMMC Midtown Campus (1 mile), and Johns Hopkins University (2 miles), making it highly attractive to working professionals and students alike. For recreation, the property is conveniently near several of Baltimore’s top outdoor destinations—Middle Branch Park (3 miles), Rash Field Park (2 miles), Canton Waterfront Park (4 miles), and Carroll Park (2 miles)—providing abundant options for leisure and wellness. Additionally, 100 W North Ave (21201) is a commercial unit currently leased to a smoke shop, providing steady income, while 102 W North Ave offers three 2-bedroom, 1-bath residential apartments, enhancing the property’s income diversity and long-term potential. Investment Highlights Attractive Yield: Purchase at $1.999M with Year 1 NOI $190K (9.54% cap rate); projected NOI $214K by Year 5 (10.74% cap).Upside Through Lease-Up & Growth: EGI grows from $317.9K to $357.8K+ with 3% annual rent growth, stabilized with 7.5% vacancy, and market rents trending to $1,823/unit. Property Overview: 16-unit multifamily investment, including 15 residential units (1 one-bedroom, 14 two-bedroom) and 1 commercial space. Eight 2-bedroom units have 1 bath; six have 1.5 baths. Unit 101 features two additional rooms and durable brick construction. Modern Amenities: Each unit offers central A/C, forced air heating, hardwood floors, granite countertops,individual electric meters, and in-laundry machines for efficiency. Prime Location: Property is across MICA Lazarus Bldg. Situated near major employment centers including MedStar Union Memorial Hospital, UMMC Midtown Campus, and Johns Hopkins University. Transit & Accessibility: Excellent public transit access via CityLink GOLD/Purple and LocalLink 51/94/95 and a few blocks from Amtrak Penn station. Lifestyle & Recreation: Proximity to Middle Branch Park, Rash Field Park, Canton Waterfront Park, and Carroll Park for outdoor activities.

Highlights

Listed by Yaakov Kanevsky , 4103246939 Midfield Realty , 4104985408. Bright MLS

Property Type

Commercial Sale

Year Built

1940

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2224300

Questions about this listing?

Contact Agent

Interior Features

Water:Other

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:C2
Sewer:Other
Parking Features:On Street
Principal Interest
$10,645
Taxes
$1,541

Home Price

$1,999,990

Loan Details

30 yrs
7%

Down Payment

20%
$399,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,644.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,644.79 $1,540.65 $0.00 $12,185.43
Yearly $127,737.44 $18,487.77 $0.00 $146,225.21
Total $3,832,123.21 $554,633.10 $0.00 $4,386,756.31
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS