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1404 Madison Avenue Baltimore, MD $ 699,900
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$ 699,900 Get more info
1404 Madison Avenue
$ 699,900
Back to search
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1404 Madison Avenue

Baltimore, MD, 21217
$ 699,900
Bedrooms-- Baths-- Sq 8,000

Monthly Estimate*

$ 4,309

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Commercial Property for sale in Baltimore, MD

for $699,900. This 8,000 square foot building was built in 1920 on a lot size of 0.07.

Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 9.4%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.

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Commercial Active

Price

$ 699,900

Property Type

Commercial

Taxes

$ 1,657

Style

Apartment Building

Lot Size

0.07

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2192120
Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood Ceramic Tile
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Settlement
Zoning R-7
Security Features Smoke Detector
Construction Materials Brick
Year Built 1920
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS is best...near 83 MLK and MICA
City BALTIMORE
Disclosures Lead Based Paint - State Lead Inspection Certificate Available Prop Disclosure Rental Permits
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 3100.00
Tax Annual Amount 1657.0
Price Per Sq Ft Total AG 73.67
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 002
Association Recreation Fee N
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Exterior
Lot Features Rear Yard
Water Source Public
Type of Parking On Street Private Garage
Foundation Details Stone Brick/Mortar
Water View Y/N N
Building Area Total 9500.00
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 1404
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

laura.jones@longandfoster.com

Email

Affordability Calculator

$4,447
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,309
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/27/2025$699,900 -6.67% Price Down
11/14/2025$749,900 Listed Price

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1404 Madison Avenue, Baltimore, MD, 21217 is a Commercial Property for sale at $699,900 with 8,000 sqft and a lot size of 0.07. 1404 Madison Avenue was built in 1920. The property's zip code is 21217 which is in Baltimore, MD

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