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Listed by Matt Cooper • Alex Cooper Auctioneers, Inc.
$750,000
Est. payment /mo
New
2111 PARK AVE Baltimore, MD 21217
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Reservoir Hill
MLS Listing ID MDBA2222648
Year Built 1900
Tax Year 2025
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, August 1st and ends Thursday, August 6, 2026 at 12:00 PM. 2107-2111 Park Avenue | Baltimore, MD 21217
Exceptional opportunity to acquire a fully stabilized 16-unit multifamily investment in Baltimore City's sought-after Reservoir Hill neighborhood. This offering consists of two adjacent, separately improved 8-unit apartment buildings that are 100% leased, providing immediate and consistent cash flow.
2107 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments and (2) one-bedroom, one-bath apartments.
Unit 1 - 2 Bedroom 1 bath - Rent $1,040
Unit 2 - 2 Bedroom 1 bath - Rent $1,035
Unit 3 - 2 Bedroom 1 bath - Rent $1,195
Unit 4 - 2 Bedroom 1 bath - Rent $1,225
Unit 5 - 2 Bedroom 1 bath - Rent $1,195
Unit 6 - 2 Bedroom 1 bath - Rent $1,050
Unit 7 - 1 Bedroom 1 bath - Rent $685
Unit 8 - 1 Bedroom 1 bath - Rent $740
2111 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments, (1) one-bedroom, one-bath apartment, and (1) studio apartment.
Unit 1 - 2 Bedroom 1 bath - Rent $1,295
Unit 2 - 2 Bedroom 1 bath - Rent $1,225
Unit 3 - 2 Bedroom 1 bath - Rent $1,195
Unit 4 - 2 Bedroom 1 bath - Rent $1,250
Unit 5 - 2 Bedroom 1 bath - Rent $1,195
Unit 6 - 2 Bedroom 1 bath - Rent $1,195
Unit 7 - 0 Bedroom 1 bath - Rent $855
Unit 8 - 1 Bedroom 1 bath - Rent $744
Each apartment is individually equipped with gas forced-air heat, providing reliable and efficient comfort for residents. The property's desirable unit mix appeals to a broad tenant base and supports strong occupancy in one of Baltimore's most historic and revitalizing neighborhoods.
Ideally located in Reservoir Hill, the property offers convenient access to Downtown Baltimore, Penn Station, Druid Hill Park, the Maryland Zoo, Johns Hopkins, the University of Maryland Medical System, and major commuter routes including I-83. The neighborhood continues to benefit from ongoing investment, redevelopment, and strong rental demand, making this an attractive long-term addition to any multifamily portfolio.
Financial Highlights
**Scheduled Gross Monthly Rent of $17,119**
**Scheduled Gross Yearly Rent of $205,428**
Projected Annual Expenses:
Taxes: $14,116.05
Insurance: $12,000
Gas & Electric: $5,530
Water: $10,722
Trash Removal: $880
Pest Control: $2,244
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.
Exceptional opportunity to acquire a fully stabilized 16-unit multifamily investment in Baltimore City's sought-after Reservoir Hill neighborhood. This offering consists of two adjacent, separately improved 8-unit apartment buildings that are 100% leased, providing immediate and consistent cash flow.
2107 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments and (2) one-bedroom, one-bath apartments.
Unit 1 - 2 Bedroom 1 bath - Rent $1,040
Unit 2 - 2 Bedroom 1 bath - Rent $1,035
Unit 3 - 2 Bedroom 1 bath - Rent $1,195
Unit 4 - 2 Bedroom 1 bath - Rent $1,225
Unit 5 - 2 Bedroom 1 bath - Rent $1,195
Unit 6 - 2 Bedroom 1 bath - Rent $1,050
Unit 7 - 1 Bedroom 1 bath - Rent $685
Unit 8 - 1 Bedroom 1 bath - Rent $740
2111 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments, (1) one-bedroom, one-bath apartment, and (1) studio apartment.
Unit 1 - 2 Bedroom 1 bath - Rent $1,295
Unit 2 - 2 Bedroom 1 bath - Rent $1,225
Unit 3 - 2 Bedroom 1 bath - Rent $1,195
Unit 4 - 2 Bedroom 1 bath - Rent $1,250
Unit 5 - 2 Bedroom 1 bath - Rent $1,195
Unit 6 - 2 Bedroom 1 bath - Rent $1,195
Unit 7 - 0 Bedroom 1 bath - Rent $855
Unit 8 - 1 Bedroom 1 bath - Rent $744
Each apartment is individually equipped with gas forced-air heat, providing reliable and efficient comfort for residents. The property's desirable unit mix appeals to a broad tenant base and supports strong occupancy in one of Baltimore's most historic and revitalizing neighborhoods.
Ideally located in Reservoir Hill, the property offers convenient access to Downtown Baltimore, Penn Station, Druid Hill Park, the Maryland Zoo, Johns Hopkins, the University of Maryland Medical System, and major commuter routes including I-83. The neighborhood continues to benefit from ongoing investment, redevelopment, and strong rental demand, making this an attractive long-term addition to any multifamily portfolio.
Financial Highlights
**Scheduled Gross Monthly Rent of $17,119**
**Scheduled Gross Yearly Rent of $205,428**
Projected Annual Expenses:
Taxes: $14,116.05
Insurance: $12,000
Gas & Electric: $5,530
Water: $10,722
Trash Removal: $880
Pest Control: $2,244
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.
Location
State MD
County Baltimore City
Zoning R080
Interior
Hot Water Natural Gas, Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313113455 027
Ownership Fee Simple
Special Listing Condition Auction
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