Change Real Estate Presents:

1729 Park Avenue
Baltimore MD 21217

For Sale: $699,000.00 Active

List Date: 2026-04-09

Baltimore
8 bedrooms
6 bathrooms
2,856 build ft2
3,049 land ft2

About This Property

Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income. This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509. Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention. The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.

Listing Agent: Timothy Robinson. KW United 240-733-7909 tim-robinson@kw.com

Property Features

Location Information
County:
Subdivision: BOLTON HILL HISTORIC DISTRICT
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Interior Features
Appliances: Dishwasher, Disposal, Dryer, Icemaker, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer
Interior: Wood Floors, Upgraded Countertops
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C, Zoned
Heating: Radiator
Fireplaces: None
Windows: Wood Frame
Utilities: Cable TV Available
Sewer: Public Sewer
Exterior Features
Year Built: 1880
Legal Subdivision: Ward 14
Subdivision Name: Bolton Hill Historic District
Exterior Features: Sidewalks
Parking: Rented/Permit Required
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Timothy Robinson. KW United 240-733-7909 tim-robinson@kw.com

Property Photos [Click to enlarge]

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This content was last refreshed on 2026-05-01 09:15 PM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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