3,049 Sqft Lot
3,049 Sqft Lot
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Madison Park Historic District
MLS Listing ID MDBA2178710
Style Federal
Year Built 1920
Annual Tax Amount $1,657
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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 rooms—a 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. Don't miss this opportunity to capitalize on a high-yield investment!
Location
State MD
County Baltimore City
Zoning R-7
Rooms
Basement Connecting Stairway, Full
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0314120378 003
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 6
Hampden Elementary/Middle School
Public | PK - 8
- 6
Thomas Johnson Elementary/Middle School
Public | PK - 8
- 5
Hilton Elementary School
Public | PK - 5
- 5
Rosemont Elementary/Middle School
Public | PK - 8
- 5
Medfield Heights Elementary School
Public | PK - 5
- 5
Mount Royal Elementary/Middle School
Public | KG - 8
- 5
Cecil Elementary School
Public | PK - 5
- 4
Gwynns Falls Elementary School
Public | PK - 5
- 4
KIPP (Knowledge Is Power Program) Harmony
Public | KG - 4
- 4
Mary Ann Winterling Elementary School at Bentalou
Public | PK - 5
- 4
John Eager Howard Elementary School
Public | PK - 5
- 4
Midtown Academy
Public | KG - 8
- 4
Baltimore Montessori Public Charter School
Public | PK - 5
- 4
Federal Hill Preparatory School
Public | PK - 5
- 4
Francis Scott Key Elementary/Middle School
Public | PK - 8
- 4
Northwood Appold Community Academy
Public | KG - 5
- 3
Morrell Park Elementary/Middle School
Public | PK - 8
- 3
New Song Academy
Public | PK - 8
- 3
Charles Carroll Barrister Elementary School
Public | PK - 5
- 3
Commodore John Rogers Elementary/Middle School
Public | PK - 8
- 4
The Seed School of Maryland
Public | 6 - 11
- 4
The Crossroads School
Public | 6 - 8
- 3
Baltimore Leadership School for Young Women
Public | 6 - 12
- 3
Stadium School
Public | 6 - 8
- 2
Maryland Academy of Technology and Health Sciences
Public | 6 - 12
- 2
National Academy Foundation
Public | 6 - 12
- 1
ConneXions: A Community Based Arts School
Public | 6 - 12
- 1
Academy for College and Career Exploration
Public | 6 - 12
- 1
Booker T. Washington Middle School
Public | 6 - 8
- 1
New Hope Academy
Public | 6 - 12
- 1
The Reach! Partnership School
Public | 8 - 12
- 0
Baltimore Montessori Public Charter Middle School
Public | 6 - 8
- 0
Baltimore Design School
Public | 6 - 10
- 0
St Ignatius Loyola Academy
Private | 6 - 8
- 0
Mother Seton Academy
Private | 6 - 8
- 0
Bluford Drew Jemison STEM Academy Middle School
Public | 6 - 8
- 8
Baltimore Polytechnic Institute
Public | 9 - 12
- 8
Baltimore School for the Arts
Public | 9 - 12
- 6
Western High School
Public | 9 - 12
- 6
Baltimore City College
Public | 9 - 12
- 5
Paul Laurence Dunbar High School
Public | 9 - 12
- 3
Coppin Academy
Public | 9 - 12
- 2
Carver Vocational-Technical High School
Public | 9 - 12
- 2
Augusta Fells Savage Institute of Visual Arts
Public | 9 - 12
- 2
Vivien T. Thomas Medical Arts Academy
Public | 9 - 12
- 1
Frederick Douglass High School
Public | 9 - 12
- 1
Independence School Local I
Public | 9 - 12
- 1
Renaissance Academy
Public | 9 - 12
- 1
Digital Harbor High School
Public | 9 - 12
- 1
Mergenthaler Vocational-Technical High School
Public | 9 - 12
- 1
Heritage High School
Public | 9 - 12
- 0
The Seton Keough High School
Private | 9 - 12
- 0
Baltimore Liberation Diploma Plus High School
Public | 9 - 12
- 0
Baltimore Youth Initiative High School
Private | 9 - 12
- 0
Baltimore Talent Development
Public | 9 - 12
- 0
Excel Academy @ Francis M. Wood High School
Public | 9 - 12
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