About This Home

This 0-bedroom, 0-bathroom residential multi family at 2920 PARKWOOD Avenue in Baltimore, MD is listed for $285,000 ($114 per sqft). Built in 1920, the home offers 2,505 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1920
  • 0.04 acre lot

Property Details

1920

Amenities

A/C
Listing Description

Turnkey Multi-Family Investment Opportunity - Projected to Gross Over $3,200/Month! Don't miss this exceptional income-producing opportunity at 2920 Parkwood Ave., Baltimore, MD 21217. Located in the rapidly revitalizing Druid Heights neighborhood, this legally zoned 3-unit brick multi-family property is a turnkey investment with strong cash-flow potential.

Whether you're looking to expand your rental portfolio, live in one unit while renting the others, or capitalize on Baltimore's growing rental market, this property checks all the boxes. The property features three separately configured units, including a cozy efficiency with a full bath, plus two spacious 1-bedroom, 1-bath apartments.

With projected gross rental income of over $3,000 per month, this property offers immediate income potential and an attractive return for both seasoned and first-time investors. Additional highlights include a large unfinished basement offering abundant storage or future value-add possibilities, a private fenced backyard, and alley access with off-street parking-a highly desirable feature for tenants in the city.

Perfectly positioned just minutes from Druid Hill Park, tenants will enjoy walking access to the Maryland Zoo, Howard P. Rawlings Conservatory & Botanic Gardens, and the scenic Druid Hill Reservoir. Convenient access to public transportation, major commuter routes, downtown Baltimore, universities, hospitals, and neighborhood amenities further enhances the property's long-term rental appeal.

With strong income potential, a desirable location, and room for future appreciation, 2920 Parkwood Ave. is a rare opportunity to acquire a cash-flowing, turnkey multi-family asset in one of Baltimore's emerging investment corridors. Schedule your showing today and add this high-performing property to your portfolio before it's gone!

Monthly Cost Estimate

$1,524/mo

20% down · 6.5% · 30 years

Principal$206
Interest$1,235
Insurance$83

Estimates only. Actual payments may vary.

Location

2920 PARKWOOD Avenue

Baltimore, MD 21217

DRUID HEIGHTS

Property Details

Construction

Brick

Parking

On StreetAlley

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2920 PARKWOOD Avenue is listed at $285,000 ($114/sqft). The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.04 acre lot.

This property is listed by Sanford Booth II and can be reached at 2405157500.

SI

Sanford Booth II

Agent at Keller Williams Capital Properties

(240) 515-7500

Listed by Keller Williams Capital Properties · View on Broker Site

MLS# MDBA2220346· Source: listhub· 3 days on market

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.

2920 PARKWOOD Avenue, Baltimore, MD 21217

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