1406 Madison Avenue Baltimore, MD $ 777,000
1406 Madison Avenue
$ 777,000
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1406 Madison Avenue

Baltimore, MD, 21217
$ 777,000
Baths0.0

Monthly Estimate*

$ 4,847

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Studio

Multi-Family Home for sale in Baltimore, MD

for $777,000. This home was built in 1920 on a lot size of 0.07.

**BACK ON THE MARKET. ** 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 roomsa 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. Dont miss this opportunity to capitalize on a high-yield investment!

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Multi-Family Active

Price

$ 777,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,657

Style

Federal

Lot Size

0.07

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2178710

Features
General
Living Area 0
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning R-7
Architectural Style Federal
Construction Materials Brick Stone
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1920
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Section 12
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Subdivision Name MADISON PARK HISTORIC DISTRICT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Take I-695 E to Exit 23A ( I-83 S ). Take Exit 6 for Mt Royal Terr toward US-1/US-40 Truck/North Ave. Merge onto Mt Royal Terrace. Continue onto W Mt Royal Terr. Keep right to continue toward McMec
City BALTIMORE
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 3049.00
Tax Annual Amount 1657.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Interior Row/Townhouse
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 14
Tax Lot 003
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Interior
Heating Fuel Natural Gas
Basement Connecting Stairway Full
Hot Water Other
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.07
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 14000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1406
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* Excluded Features
List By
Klr Real Estate Inc

Broker

kim@klrrealestate.com

Email

Affordability Calculator

$4,986
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,847
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2025$777,000 Listed Price

Map


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1406 Madison Avenue, Baltimore, MD, 21217 is a Multi-Family Home for sale at $777,000 with a lot size of 0.07. 1406 Madison Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 21217 which is in Baltimore, MD