3809 Clarks Lane
Baltimore, MD, 21215 $ 2,000,000
Bedrooms-- Baths-- Monthly Estimate*
$ 12,628
for $2,000,000. This building was built in 1960 on a lot size of 1.07.
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, July 25th and ends Thursday, July 30, 2026 at 12:00 PM. GUIDED TOURS: WEDNESDAY, JULY 15th STARTING AT 10:30AM and TUESDAY, JULY 28th STARTING AT 12:00PM. Rare opportunity to acquire The Embassy Apartments, a well-established mixed-use asset located in Baltimore's desirable Glen neighborhood. This income-producing property consists of 32 residential apartments and 15 office suites, offering a diversified revenue stream and long-term investment stability. The commercial component is fully occupied, with all 15 office suites leased, providing consistent cash flow from an established tenant base. The residential portion features 32 apartment units, 29 of which are currently occupied, presenting immediate income with additional upside through lease-up of the remaining vacancies. Strategically positioned along Clarks Lane with convenient access to major transportation routes, employment centers, retail amenities, and neighborhood services, The Embassy Apartments offers investors the opportunity to acquire a stabilized mixed-use property with existing cash flow and future value-add potential. Unit Mix: 6 - 1 Bedroom 1 Bath Units 22 - 2 Bedroom 2 Bath Units 4 - 3 Bedroom 2 Bath Units **Scheduled Gross Monthly Rent of $49,100** **Scheduled Gross Annual Rent of $589,200** **Potential Gross Monthly Rent of $54,000** **Potential Gross Annual Rent of $648,000** Projected Annual Expenses: Taxes (7/1/26-6/30/27) $69,834 Gas & Electric (Per 2024 Expenses) $43,896 Water (Per Recent Bills) $42,469 Trash Removal "To come" Licenses (Estimated at $50/Unit) $2,400 The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.
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FeaturesInteriorHeating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Other Forced Air
Cooling Central A/C Other
Possession Settlement
Zoning R-5
Construction Materials Brick Other
Year Built 1960
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building Other
Accessibility Other
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Corner of Clarks Ln and Gist Ave
City BALTIMORE
Number Of Units Total 33
Lot Size Units Square Feet
Lot Size Square Feet 46764.00
Tax Annual Amount 69137.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 27
Tax Lot 018
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ExteriorWater Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 1.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 140200.00
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
- $12,628
- Monthly Property Taxes
- $5,761
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $732,082
Percent of Sale Price 63%
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 |
|---|
| 6/29/2026 | $2,000,000 | | Listed Price |