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2100-2102 Maryland Ave 16 Unit Apartment Building $500,000 ($31,250/Unit) Baltimore, MD 21218
Investment Highlights
- GUIDED TOUR ON THURSDAY, MAY 28th AT 2PM PROMPTLY
- Configured as 16 Units
- ** Gross Potential Annual Rent $232,440**
Executive Summary
*LIST PRICE IS OPENING BID AT ONLINE AUCTION*
GUIDED TOUR ON THURSDAY, MAY 28th AT 2PM PROMPTLY
Exceptional opportunity to purchase an apartment building configured as 16 units situated at the southeast corner of Maryland Ave and 21st Street, at the southern tip of the Charles North neighborhood of Baltimore City. It is conveniently located a mere 3 blocks west of Remington, approximately 3 block northeast of Station North, the Jones Falls Expressway (I-83) is less than a mile. The Inner Harbor and the Baltimore Downtown Business District are less than 2 miles of the property.
The units are individually metered for gas and electric. All units are believed to have their own central HVAC system. All units are believed to have their own gas fired water heater. Landlord pays for water/sewer.
The building features a flat rubber membrane roof that appears to have been maintained, with a white reflective roof coating applied for added protection.
*Gross Scheduled Monthly Rent $10,470*
*Gross Scheduled Annual Rent $125,640*
*Gross Potential Monthly Rent $19,370*
*Gross Potential Annual Rent $232,440*
Building Units:
10 - 1 Bedroom/1 Bathroom units ($1,150 Estimated Market Rent)
4 - 2 Bedroom/1 Bathroom units ($1,300 Estimated Market Rent)
1 - 5 Bedroom/1 Bathroom unit (Rented for $2,570, Section 8)
1 - Studio ($1,000 Estimated Market Rent)
• Parcel Size: 0.16 +/- Acres
• Zoning: C-1
• Above-Grade Area: 15,105 +/- Sq. Ft.
*While the property is configured as 16 units, the multi-family dwelling license is for 15 units.*
Neighborhood:
From the LiveBaltimore website: "Charles North along the southern edge of North Baltimore offers an eclectic mix of arts and entertainment venues as well as historic buildings and architecturally impressive houses. Located directly north of Penn Station, the neighborhood is a great option for commuters! Residents enjoy a central location, walk-ability and access to entertainment."
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificates, rental license with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Friday, May 29, 2026 & ends Wednesday, June 3, 2026 at 12:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
GUIDED TOUR ON THURSDAY, MAY 28th AT 2PM PROMPTLY
Exceptional opportunity to purchase an apartment building configured as 16 units situated at the southeast corner of Maryland Ave and 21st Street, at the southern tip of the Charles North neighborhood of Baltimore City. It is conveniently located a mere 3 blocks west of Remington, approximately 3 block northeast of Station North, the Jones Falls Expressway (I-83) is less than a mile. The Inner Harbor and the Baltimore Downtown Business District are less than 2 miles of the property.
The units are individually metered for gas and electric. All units are believed to have their own central HVAC system. All units are believed to have their own gas fired water heater. Landlord pays for water/sewer.
The building features a flat rubber membrane roof that appears to have been maintained, with a white reflective roof coating applied for added protection.
*Gross Scheduled Monthly Rent $10,470*
*Gross Scheduled Annual Rent $125,640*
*Gross Potential Monthly Rent $19,370*
*Gross Potential Annual Rent $232,440*
Building Units:
10 - 1 Bedroom/1 Bathroom units ($1,150 Estimated Market Rent)
4 - 2 Bedroom/1 Bathroom units ($1,300 Estimated Market Rent)
1 - 5 Bedroom/1 Bathroom unit (Rented for $2,570, Section 8)
1 - Studio ($1,000 Estimated Market Rent)
• Parcel Size: 0.16 +/- Acres
• Zoning: C-1
• Above-Grade Area: 15,105 +/- Sq. Ft.
*While the property is configured as 16 units, the multi-family dwelling license is for 15 units.*
Neighborhood:
From the LiveBaltimore website: "Charles North along the southern edge of North Baltimore offers an eclectic mix of arts and entertainment venues as well as historic buildings and architecturally impressive houses. Located directly north of Penn Station, the neighborhood is a great option for commuters! Residents enjoy a central location, walk-ability and access to entertainment."
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificates, rental license with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Friday, May 29, 2026 & ends Wednesday, June 3, 2026 at 12:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
Property Facts
| Price | $500,000 | Building Class | C |
| Price Per Unit | $31,250 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 13,905 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/1995 |
| Apartment Style | Low-Rise | Parking Ratio | 0.72/1,000 SF |
| Zoning | C-1 | ||
| Price | $500,000 |
| Price Per Unit | $31,250 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 13,905 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/1995 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | C-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 608 - 1,467 |
| 2+1 | 2 | - | 1,026 - 1,069 |
| 4+1 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 3609-001 | Improvements Assessment | $982,500 |
| Land Assessment | $141,500 | Total Assessment | $1,124,000 |
Property Taxes
Parcel Number
3609-001
Land Assessment
$141,500
Improvements Assessment
$982,500
Total Assessment
$1,124,000
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