2445 Lakeview Avenue
Baltimore, MD, 21217 $ 500,000
Bedrooms-- Baths-- Sq 5,520 Monthly Estimate*
$ 3,079
for $500,000. This 5,520 square foot building was built in 1909 on a lot size of 0.26.
List price is opening bid. Online auction to be conducted on Auctioneers website Online Auction Only! Online Auction Only! Bidding begins Friday, February 13, 2026 & ends Wednesday, February 18, 2026 at 1:00 PM. Well-maintained six-unit multifamily asset on a .265 Acre lot the desirable Reservoir Hill neighborhood of Baltimore City. The property consists of four (4) two-bedroom, one-bath units and two (2) three-bedroom, one-bath units, with three occupied units providing in-place cash flow and three vacant units, creating an immediate value-add and lease-up opportunity. Most units measure approximately 900 SF, with one two-bedroom unit at approximately 850 SF, offering spacious layouts that support strong rental demand. All units feature hardwood floors, ceiling fans, overhead lighting, and digital thermostats. Kitchens are upgraded with granite countertops, stainless steel appliances, built-in microwaves, tile backsplash, and mini blinds, while bathrooms include ceramic tile finishesattractive to quality tenants and supportive of premium rents with minimal deferred maintenance. Each unit is individually equipped with in-unit washer and dryer, central HVAC, gas furnace, tankless water heater, and separate 100-amp electric service, reducing future capital expenditures and improving long-term operating efficiency. Tenants pay their own gas, electric, and cable/internet, keeping owner expenses low and NOI strong. Located near major commuter routes, public transportation, and neighborhood redevelopment activity, the property is well positioned for rent growth and appreciation in a historically strong Baltimore City submarket. Ideal for investors seeking a turnkey building with modern systems, minimal deferred maintenance, and clear upside potential.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession Settlement
Zoning R-8
Construction Materials Brick
Year Built 1909
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building
Accessibility 2+ Access Exits
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name RESERVOIR HILL
Water Access Y/N N
Status ACTIVE
Directions W 28th St. onto Lakeview Ave.
City BALTIMORE
Disclosures Owner RE Licensee
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 11325.60
Tax Annual Amount 4017.0
Price Per Sq Ft Total AG 67.93
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 13
Tax Lot 024
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 7360.00
Lot Size Acres 0.26
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 55000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByAlex Cooper Auctioneers, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,079
- Monthly Property Taxes
- $335
- 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.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $804,577
Percent of Sale Price 61%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $500,000 | | Listed Price |