Robin Mede-Butt

REALTOR/Associate Broker
License# PA AB066319 & MD 95501

700 PARK AVENUE, Baltimore, MD 21201

 (Sold on )

$4,300,000

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • MDBA2230448MLS#
-1 More Schedule

Property Description

Rare opportunity to acquire a substantial multifamily investment property in the heart of historic Mount Vernon. 700 Park Avenue offers the compelling combination of strong in-place income, high occupancy, and significant value-add potential. Current rents remain well below their long-term potential, creating substantial upside through rent optimization, natural turnover, and strategic unit improvements while maintaining existing cash flow. Ideally positioned in one of Baltimores most established and architecturally significant neighborhoods, the property offers convenient access to Downtown Baltimore, major universities, hospitals, employment centers, cultural institutions, dining, and transportation. An exceptional opportunity to acquire meaningful scale in Mount Vernon with immediate income and considerable long-term rental and NOI growth potential. Offered as-is.

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Property Details 700 PARK AVENUE, BALTIMORE, MD 21201

Facts & Features

  • MLS #: MDBA2230448
  • Status: Active
  • Date Listed: 09/05/2026
  • Type: Commercial
  • Sub Type: Five Or More Units
  • Year Built: 1905
  • Price: $4,300,000
  • Acres: 0.07
  • County: Baltimore City

Amenities

  • Waterfront Type: Public

Interior

  • Heating: Radiator
  • Cooling: Wall Unit

Exterior

  • Construction: Stone, Brick

Schools

  • School District: Baltimore City Public Schools

Additional Information

  • Zoning: Or-2

Tax Information

  • Tax: $43,846

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