26,032 sqft

$4,300,000

700 PARK AVENUE, BALTIMORE MD, 21201

Price per sqft$165.18

Built in1905

Property size26,032 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Sep 10, 2026

Updated 4 days ago

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 Baltimore’s 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.

Additional information

MLS^® ID: MDBA2230448

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.07 Acres

Other Property Details

Taxes: $43,846
Tax Frequency: Annually

Listed by Coldwell Banker Realty - Washington
Listing Contact: 2407315562

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/11/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/11/2026 at 3:56 AM UTC

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