See all 12 photos

Listed by Jenn Smira • Compass

$795,000

Est. payment - /mo

Save

5,296 SqFt

Active

1801 MADISON AVE Baltimore, MD 21217

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

DC Homes Guide

cf@craigfauver.com +1(202) 643-4687

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,296 sqft

Price per Sqft $150

Subdivision Madison Park Historic District

MLS Listing ID MDBA2226230

Style Victorian

Abv Grd Liv Area 4,616

Year Built 1920

Available Date 2026-08-08

Annual Tax Amount $10,764

Tax Year 2025

Lot Size 2,560 Sqft

Acres 0.06

Lot Dimensions 2,560 is approximate taken from a third party site

Property Sub-Type Other

Source BRIGHT

Property Description

Welcome to 1801 Madison Avenue, a renovated six-unit multifamily property in Baltimore offering immediate cash flow and a prime location in the Madison Park Historic District. Situated within one of the city's established historic neighborhoods, this income-producing asset presents an exceptional opportunity for investors seeking a turnkey apartment building with stable occupancy, strong rental performance, and long-term appreciation potential. The property consists of six residential apartments, including five one-bedroom residences and one spacious three-bedroom unit. Each apartment is separately metered for gas and electricity, helping minimize owner operating expenses, and every unit is equipped with its own private washer and dryer, an amenity that continues to drive tenant demand. The current rent roll reflects $6,875 in monthly rental income, $82,500 annually, at 100% occupancy, providing immediate, stabilized cash flow from day one.

Extensively improved over the years, 1801 Madison Avenue has benefited from significant capital upgrades to the building systems, utilities, plumbing, electrical service, and common infrastructure. The spacious residences feature abundant natural light from multiple exposures, gleaming pine floors, functional layouts, and thoughtfully updated interiors designed to support long-term occupancy. Every bathroom has been equipped with floor drains to help mitigate the risk of water damage and provide an added layer of preventative protection. The lower level also includes dedicated maintenance and storage space along with a convenient half bath, creating additional functionality for ownership and property management.

Ideally located just steps from the Maryland Institute College of Art (MICA) and within minutes of the University of Maryland Medical Center, Johns Hopkins University, downtown Baltimore, and major employment centers, the property appeals to a diverse tenant base including students, healthcare professionals, university employees, and workforce renters. Residents enjoy convenient access to MARC, Light Rail, I-95, I-695, neighborhood shopping, grocery stores, restaurants, and everyday conveniences. Whether expanding an existing multifamily portfolio, completing a 1031 exchange, or acquiring a stabilized income-producing asset, 1801 Madison Avenue offers an outstanding combination of current cash flow, operational efficiency, modern improvements, and long-term investment potential in one of Baltimore's most desirable rental markets.

Location

State MD

County Baltimore City

Zoning R-7

Rooms

Basement Other

Interior

Interior Features Wood Floors, Kitchen - Efficiency, Floor Plan - Traditional, Dining Area, Combination Dining/Living, Built-Ins

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Hardwood

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Above Ground Finished SqFt 4616

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Eutaw-Marshburn

School District Baltimore City Public Schools

Others

Tax ID 0314130331 001

Ownership Fee Simple

SqFt Source 5296

Acceptable Financing Cash, Conventional, FHA, Negotiable, VA

Listing Terms Cash, Conventional, FHA, Negotiable, VA

Financing Cash,Conventional,FHA,Negotiable,VA

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

DC Homes Guide

REALTOR® & Broker-Owner | ibib98374181

+1(202) 643-4687

QUICK SEARCH

There are 51 quick searches

1801 MADISON AVE Baltimore, MD 21217

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

1801 MADISON AVE