# 2201 MARYLAND Avenue, Baltimore, MD 21218 > **TL;DR:** other, $749,000, built 1850. > A/C. Est. $4,005/mo. Listed 211 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $749,000 | | Year Built | 1850 | | Lot Size | 4,622 sqft (0.11 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 211 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,787 | | Estimated Insurance | $218 | | **Total** | **$4,005** | ## Key Amenities - A/C ## Property Highlights - Built in 1850 - 0.11 acre lot - 6 parking spaces ## Description ### Agent Description **2201 Maryland Avenue** **PREMIUM BALTIMORE MIXED-USE INVESTMENT: 7-UNIT MULTIFAMILY OPPORTUNITY IN REMINGTON / STATION NORTH | 10.00% Cap Rate | 12.66% Leveraged IRR** This is an exceptional, fully stabilized 7-unit mixed-use property presenting a rare high-yield investment in Baltimore's desirable Remington/Station North corridor. Featuring 6 well-maintained residential apartments and 1 ground-level commercial unit, this asset is fully occupied, offering an immediate and robust cash-flowing opportunity. The property is meticulously maintained with recent unit upgrades throughout, ensuring minimal day-one management intervention. **THE INVESTMENT CASE: High-Performance, Stabilized Income** * **Superior Cash Flow:** The property is generating a strong $110,000 Gross Income and value-add projected **$117,000** in Gross Annual Income. * **High Rate of Return:** Financial analysis showcases a powerful **10.56% Cash-on-Cash Return** and a projected **12.66% Leveraged IRR** over a 10-year hold. * **Solid Cap Rate:** The asset boasts an attractive Terminal Capitalization Rate of **10.00%**. * **Turnkey Operation:** Fully occupied with stable tenancy, this is a truly passive investment poised for long-term equity growth. **VALUE-ADD POTENTIAL: Unlock Hidden Upside** The primary value-add opportunity lies in the commercial unit, which is currently generating significantly less income than the residential units. An investor can materially boost Net Operating Income (NOI) through strategic repositioning and rent optimization: * **Commercial Conversion:** Explore the potential to convert the existing commercial space (Unit 7, currently at $900/month) into an additional residential apartment to maximize revenue per square foot. * **Rent Optimization:** Opportunity to systematically raise rents in the residential units (Units 1, 3, 5 currently at $1,350/month and Units 2, 4, 6 currently at $1,600/month) to capture market rate and increase the Gross Annual Income beyond current figures. Secure this low-risk, high-return Baltimore multi-family property. Detailed 10-year Proforma with IRR analysis is available upon request. Inquire now for a full offering package. The commercial unit may offer potential for conversion into additional residential efficiency units (buyer to verify all zoning and use approvals). The property includes notable historical connections, including prior ownership by George Brown and documented history of Abraham Lincoln residing at the property. Buyer to verify all income, expenses, zoning, and potential uses. ## Location - **Address:** 2201 MARYLAND Avenue, Baltimore, MD 21218 - **County:** BALTIMORE CITY - **Coordinates:** 39.31436, -76.61786 - **Google Maps:** https://www.google.com/maps?q=39.31436,-76.61786 ## Listing Agent - **Name:** Brody Keith Bell - **Brokerage:** R.E. Shilow Realty Investors, INC - **Broker Phone:** (410) 286-1348 ## Photos ![2201 MARYLAND Avenue - Photo 1](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f945004433r.jpg) ![2201 MARYLAND Avenue - Photo 2](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2816482547r.jpg) ![2201 MARYLAND Avenue - Photo 3](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1069676660r.jpg) ![2201 MARYLAND Avenue - Photo 4](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2835208001r.jpg) ![2201 MARYLAND Avenue - Photo 5](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2694788851r.jpg) ![2201 MARYLAND Avenue - Photo 6](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1160044969r.jpg) ![2201 MARYLAND Avenue - Photo 7](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2025766112r.jpg) ![2201 MARYLAND Avenue - Photo 8](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1808006447r.jpg) ![2201 MARYLAND Avenue - Photo 9](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f273839059r.jpg) ![2201 MARYLAND Avenue - Photo 10](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2214403339r.jpg) ![2201 MARYLAND Avenue - Photo 11](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3260980764r.jpg) ![2201 MARYLAND Avenue - Photo 12](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1021925132r.jpg) ![2201 MARYLAND Avenue - Photo 13](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1301276971r.jpg) ![2201 MARYLAND Avenue - Photo 14](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f4281945110r.jpg) ![2201 MARYLAND Avenue - Photo 15](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f227219545r.jpg) ![2201 MARYLAND Avenue - Photo 16](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1394023108r.jpg) ![2201 MARYLAND Avenue - Photo 17](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1370282008r.jpg) ![2201 MARYLAND Avenue - Photo 18](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f438586579r.jpg) ![2201 MARYLAND Avenue - Photo 19](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3991136892r.jpg) ![2201 MARYLAND Avenue - Photo 20](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f122635803r.jpg) ![2201 MARYLAND Avenue - Photo 21](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f179612021r.jpg) ![2201 MARYLAND Avenue - Photo 22](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2310643441r.jpg) ![2201 MARYLAND Avenue - Photo 23](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2197689654r.jpg) ![2201 MARYLAND Avenue - Photo 24](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f608339510r.jpg) ![2201 MARYLAND Avenue - Photo 25](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f4242868447r.jpg) ![2201 MARYLAND Avenue - Photo 26](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3636007516r.jpg) ![2201 MARYLAND Avenue - Photo 27](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f367592357r.jpg) ![2201 MARYLAND Avenue - Photo 28](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f4075571317r.jpg) ![2201 MARYLAND Avenue - Photo 29](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3441628816r.jpg) ![2201 MARYLAND Avenue - Photo 30](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3040799068r.jpg) ![2201 MARYLAND Avenue - Photo 31](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1902760417r.jpg) ![2201 MARYLAND Avenue - Photo 32](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3924217172r.jpg) ![2201 MARYLAND Avenue - Photo 33](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2926897553r.jpg) ![2201 MARYLAND Avenue - Photo 34](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2611239226r.jpg) ![2201 MARYLAND Avenue - Photo 35](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2636335328r.jpg) ![2201 MARYLAND Avenue - Photo 36](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2315184608r.jpg) ![2201 MARYLAND Avenue - Photo 37](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1295448546r.jpg) ![2201 MARYLAND Avenue - Photo 38](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f3651966106r.jpg) ![2201 MARYLAND Avenue - Photo 39](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f4162992161r.jpg) ![2201 MARYLAND Avenue - Photo 40](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2374995821r.jpg) ![2201 MARYLAND Avenue - Photo 41](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1439828278r.jpg) ![2201 MARYLAND Avenue - Photo 42](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2470537860r.jpg) ![2201 MARYLAND Avenue - Photo 43](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2106037773r.jpg) ![2201 MARYLAND Avenue - Photo 44](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2800519103r.jpg) ![2201 MARYLAND Avenue - Photo 45](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1206361970r.jpg) ![2201 MARYLAND Avenue - Photo 46](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f2550447134r.jpg) ![2201 MARYLAND Avenue - Photo 47](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f587704238r.jpg) ![2201 MARYLAND Avenue - Photo 48](http://lh.rdcpix.com/98e2b44514d5c19dc956a6dfc0137b64l-f1909944652r.jpg) --- **MLS#:** MDBA2209550 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/2201-maryland-avenue-baltimore-md-21218-62bac4978e6c49c8bb96fcb86fa4b43a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2201-maryland-avenue-baltimore-md-21218-62bac4978e6c49c8bb96fcb86fa4b43a#listing", "url": "https://www.propertysimple.ai/listing/2201-maryland-avenue-baltimore-md-21218-62bac4978e6c49c8bb96fcb86fa4b43a", "name": "2201 MARYLAND Avenue, Baltimore, MD 21218", "description": "**2201 Maryland Avenue** **PREMIUM BALTIMORE MIXED-USE INVESTMENT: 7-UNIT MULTIFAMILY OPPORTUNITY IN REMINGTON / STATION NORTH | 10.00% Cap Rate | 12.66% Leveraged IRR** This is an exceptional, fully stabilized 7-unit mixed-use property presenting a rare high-yield investment in Baltimore's desirable Remington/Station North corridor. Featuring 6 well-maintained residential apartments and 1 ground-level commercial unit, this asset is fully occupied, offering an immediate and robust cash-flowing opportunity. The property is meticulously maintained with recent unit upgrades throughout, ensuring minimal day-one management intervention. **THE INVESTMENT CASE: High-Performance, Stabilized Income** * **Superior Cash Flow:** The property is generating a strong $110,000 Gross Income and value-add projected **$117,000** in Gross Annual Income. * **High Rate of Return:** Financial analysis showcases a powerful **10.56% Cash-on-Cash Return** and a projected **12.66% Leveraged IRR** over a 10-year hold. * **Solid Cap Rate:** The asset boasts an attractive Terminal Capitalization Rate of **10.00%**. * **Turnkey Operation:** Fully occupied with stable tenancy, this is a truly passive investment poised for long-term equity growth. **VALUE-ADD POTENTIAL: Unlock Hidden Upside** The primary value-add opportunity lies in the commercial unit, which is currently generating significantly less income than the residential units. An investor can materially boost Net Operating Income (NOI) through strategic repositioning and rent optimization: * **Commercial Conversion:** Explore the potential to convert the existing commercial space (Unit 7, currently at $900/month) into an additional residential apartment to maximize revenue per square foot. * **Rent Optimization:** Opportunity to systematically raise rents in the residential units (Units 1, 3, 5 currently at $1,350/month and Units 2, 4, 6 currently at $1,600/month) to capture market rate and increase the Gross Annual Income beyond current figures. Secure this low-risk, high-return Baltimore multi-family property. Detailed 10-year Proforma with IRR analysis is available upon request. Inquire now for a full offering package. The commercial unit may offer potential for conversion into additional residential efficiency units (buyer to verify all zoning and use approvals). The property includes notable historical connections, including prior ownership by George Brown and documented history of Abraham Lincoln residing at the property. 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