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2511 Maryland Ave, 
Baltimore, MD 21218

$399,500


6

Beds


Bath


2,352

Sq Ft


Multi-Family

Active

Listed by

David William Egli

Premier Fine Properties

Last updated:

August 4, 2025, 04:31 AM

MLS#

MDBA2176384

Source:

BRIGHTMLS

About This Home

2511 Maryland Ave

Offers due Wednesday, Aug 6. Current annual rental income from apartments 1 and 2 combined is $35,880. If the 3rd floor apartment (currently and intentionally vacant for a potential owner-occupant) were to be rented at $1295/month, annual rental income for all 3 units would be $51,420. Immaculately maintained and recently renovated triplex in Charles Village. Located on a quiet street thanks to the Maryland Ave bike path, it's a quick walk or bike ride to Johns Hopkins University, Wyman Park, the Baltimore Museum of Art, Remington and Hampden or jump on your bike and take the Maryland Ave bike path downtown. The 1st floor is a 2 bedroom apartment currently rented for $1495. Tenants pay all utilities, separately metered (except for cold water). The 2nd floor is a 2 bedroom apartment currently rented for $1495. Tenants pay all utilities, separately metered (except for cold water). Current annual rental income from apartments 1 and 2 combined is $35,880. If the 3rd floor were to be rented at $1295/month, annual rental income for all 3 units would be $51,420. The 3nd floor is a 1 bedroom penthouse apartment with a huge bedroom filled with naturally light and has been left vacant in case you want to live there (or need to live there for financing). It usually rents for about $200 less than the 2 bedroom apartments so if it were to be rented, $1295/month is a reasonable estimate. Additionally, the neighboring properties to the left and right both have basement apartments so there is the potential to convert the basement into a 4th apartment. Listing price is slightly below the average of recent comparable triplex sales in the area. See listing documents for the pre-listing inspection report that shows the property is in good condition.

Home Facts

Multi-Family

6 Bedrooms

Built in 1900

Price Summary

399,500

$169 per Sq. Ft.

MLS #:

MDBA2176384

Last Updated:

August 4, 2025, 04:31 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Georgian

Building Area:

2,352 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$399,500

Price per Sq. Ft:

$169 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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