2111 Park Ave Baltimore, MD 21217
Reservoir Hill NeighborhoodEstimated payment $9,365/month
About This Home
2107–2111 Park Avenue is a 16-unit multifamily investment opportunity located in Baltimore’s Mount Royal/Reservoir Hill submarket, offering excellent access to major transportation corridors, Mount Royal/University of Baltimore Station, and Baltimore Penn Station. The property benefits from close proximity to Johns Hopkins University, MICA, the University of Baltimore, and the ongoing Reservoir Square revitalization—supporting long-term rental demand and neighborhood momentum. The asset is currently underperforming, with average in-place rents of approximately $1,060 per unit, roughly 50% below the estimated market average of $1,800, creating a clear value-add runway through lease-up and rent growth. Gross rental income is projected to increase from approximately $181,000 at current rents to $352,000 in Year 1, driving NOI growth from $78,426 currently to approximately $219,380 in Year 1 as vacancy is absorbed and under-market units are brought to market rates. The property offers spacious unit layouts with hardwood floors and private balconies, ample parking, shared laundry facilities, and separately metered gas and electric—helping reduce owner expense exposure.
Listing Agent
(410) 498-5408 yaakov@midfieldre.com Midfield Realty Brokerage Phone: 4104985408 Listed on: 01/16/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,184
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
- Income includes laundry, apartment rentals
Listing and Financial Details
- Tax Lot 027
- Assessor Parcel Number 0313113455 027
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,640 | $601,000 | $174,800 | $426,200 |
| 2024 | $13,640 | $580,733 | -- | -- |
| 2023 | $13,227 | $560,467 | $0 | $0 |
| 2022 | $12,749 | $540,200 | $174,800 | $365,400 |
| 2021 | $12,749 | $540,200 | $174,800 | $365,400 |
| 2020 | $12,749 | $540,200 | $174,800 | $365,400 |
| 2019 | $12,688 | $540,200 | $174,800 | $365,400 |
| 2018 | $12,468 | $528,300 | $0 | $0 |
| 2017 | $12,187 | $516,400 | $0 | $0 |
| 2016 | $6,552 | $504,500 | $0 | $0 |
| 2015 | $6,552 | $429,400 | $0 | $0 |
| 2014 | $6,552 | $431,733 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $1,590,000 | -- | -- |
Source: Bright MLS
MLS Number: MDBA2198282
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
- 2040 Park Ave
- 2036 Park Ave
- 717 Newington Ave
- 724 Reservoir St
- 716 Lennox St
- 722 Lennox St
- 807 Whitelock St
- 906 Whitelock St
- 2028 Bolton St Unit CLARENDON 4ST SPEC
- 815 Lennox St
- 810 Watts St Unit CLARENDON 4ST SPEC
- 833 Lennox St
- 833 Lennox St Unit CLARENDON 3ST SPEC
- 831 Lennox St
- 831 Lennox St Unit CLARENDON 3ST SPEC
- 2513 Brookfield Ave
- 451 W 24th St
- 1741 Park Ave
- 801 Druid Park Lake Dr
- 1809 Bolton St
- 2302 Mount Royal Terrace
- 2200 Park Ave Unit A1
- 731 Newington Ave Unit B
- 731 Newington Ave Unit A
- 731 Newington Ave Unit C
- 2207 Callow Ave Unit 2
- 2207 Callow Ave Unit 3
- 2026 Mount Royal Terrace Unit 2
- 818 Whitelock St Unit . 4
- 2427 Lakeview Ave
- 2012 Mount Royal Terrace
- 904 Newington Ave Unit A
- 1828 Park Ave
- 736 Watts St
- 734 Watts St
- 841-847 Whitelock St
- 1758 Park Ave Unit 3
- 805 Brooks Ln Unit 2
- 1837 Bolton St Unit 2
- 1834 Bolton St Unit 3
Ask me questions while you tour the home.