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$260,000
2407 Maryland Avenue presents a three-unit apartment building in Baltimore's Old Goucher neighborhood, offering investors immediate income with meaningful upside. Simply bringing the existing rents to current market levels is projected to increase gross rental income by nearly $1,000 per month, resulting in a projected 10.4% return on investment—all without requiring extensive renovations. The property has been under long-term ownership and reflects deferred maintenance and cosmetic wear consistent with many years of ownership. Investors have the flexibility to execute an improvement strategy that matches their budget and investment goals, whether through routine cosmetic updates, mid-grade renovations, complete apartment rehabs as units become available, or capital improvements to the building's systems and common areas. Additional improvements beyond market rent alignment may support even stronger rental performance and long-term appreciation. Located in the heart of Old Goucher, residents enjoy walkable access to Johns Hopkins University Homewood Campus, Penn Station, the Station North Arts District, and the Charles Village commercial corridor. With approximately 85% of neighborhood residents renting their homes, Old Goucher continues to provide a deep tenant pool supported by nearby employers, universities, restaurants, and public transportation.

2407 Maryland Ave, Baltimore

Listing courtesy of Ben Frederick Realty, Inc.. Contact: 4102359500
$1,237,500
Entitled, Permit-Ready Redevelopment — Entitlement Risk Eliminated 2126 Maryland Avenue presents a de-risked repositioning opportunity in one of Baltimore's most active urban corridors. Current ownership obtained BMZA approval for a variance permitting 29 residential dwelling units, 38% above the 21 units permitted by right under the C-1 District's 300 SF minimum lot area requirement. All proposed uses are permitted by right within the C-1 zoning district, and no off-street parking is required, consistent with C-1 District exemptions. Fully executed architectural drawings by Donny Ankri Architects spanning all four levels are included with the sale, along with associated permits and BMZA application materials, giving a new owner a clear, pre-approved path to execution. Construction Initiated — Defined Scope and Clear Path Remaining Current ownership has completed meaningful early-stage work, having reframed the roof at 101 W. 22nd Street and installed 45 replacement windows (32"x60") throughout the second floor and above. The approved permit scope additionally included a 1,200 amp electrical service upgrade, which has not yet been completed. The property is being delivered fully vacant, and a new owner will carry the project through its remaining phases, including completion of first-floor window installation, the electrical service upgrade, full MEP system installation, and interior buildout across all 29 residential units and four commercial suites. An active permit extension (B-EXT-25-03663) is currently pending with Baltimore City's permitting office, and prospective purchasers should independently confirm current permit status and any requirements for reactivating or re-pulling associated permits prior to closing. Granular, Workforce-Oriented Unit Mix Across Four Floors The approved 29-unit residential program is distributed across four floors in a well-considered mix of 11 studios (avg. 359 SF), 14 junior one-bedrooms (avg. 449 SF), and 4 one-bedrooms (avg. 604 SF), with an overall average of approximately 436 SF per unit. This efficiently sized mix is well-suited to the urban workforce and young professional renter base that defines demand in the surrounding neighborhoods. The ground floor further includes four commercial suites including a barber/salon space, two office suites, and a retail goods establishment, providing multiple income streams and active street-level programming along the Maryland Avenue corridor. High-Visibility Corner at the Intersection of Baltimore's Most Dynamic Urban Neighborhoods The property occupies a prominent corner position at Maryland Avenue and W. 22nd Street, at the southern tip of Charles North — one of Baltimore's most culturally active and evolving urban districts. Remington, among the city's fastest-appreciating residential neighborhoods, is approximately 3 blocks to the east. Station North, Baltimore's designated Arts & Entertainment District, is approximately 3 blocks to the southwest. Maryland Avenue provides high visibility and consistent foot traffic, while regional connectivity is strong with I-83 under a mile away, and both the Inner Harbor and the Downtown Baltimore CBD are within two miles, placing residents within easy reach of the city's primary employment, cultural, and entertainment destinations.

2126 Maryland Ave, Baltimore

Listing courtesy of Greysteel Company LLC. Contact: 2022802722
$499,900
5 Beds ⋅ 5 Baths
Welcome to 326 E 22nd St, a fully renovated 5 bed, 4.5 bath home with 4 finished levels, including a finished basement. The home features updated finishes throughout and a flexible layout with multiple living areas. There are three fireplaces total—located in the living room and in each of the two primary bedrooms. Both primary suites also include built-in beverage refrigerators for added convenience. Outside, the property features a fully fenced backyard and private driveway parking located behind the fence. Convenient central Baltimore location with easy access to major institutions, commuter routes, and city amenities. Nearby landmarks: *Union Memorial Hospital: 1.3m *Charles Village: 1.4m *Johns Hopkins University: 1.8m *Penn Station: 1.9m *Inner Harbor: 3.8m

326 E 22nd St, Baltimore

Listing courtesy of Samson Properties. Contact: (703) 378-8810
$328,000
4 Beds ⋅ 3 Baths
Where historic character meets modern comfort, this fully renovated 4-bedroom, 2.5-bath Old Goucher rowhouse delivers three levels of thoughtfully designed city living. Soaring ceilings set the tone from the moment you walk in, while the renovated kitchen stuns with quartz countertops and all-new stainless steel appliances. Tucked just off the kitchen, a hidden powder room and mudroom with laundry add the kind of quiet convenience that makes daily life easier. The second floor offers three bedrooms and a full bath, while the entire third level is dedicated to a luxurious primary retreat complete with a private ensuite. An unfinished basement rounds out the home with excellent storage or workshop potential. Outside, a parking pad — a true city luxury — completes the package. All permits pulls, brand-new HVAC and an upgraded 200-amp electrical panel mean you're moving into peace of mind, not a project. All of this in Old Goucher, steps from the energy of Station North, Penn Station, and some of Baltimore's best dining and culture — Mama Koko's, Alma Cocina Latina, Foraged, The Charles Theater, and more.

309 E 23rd St, Baltimore

Listing courtesy of Compass. Contact: (410) 886-7342