$760,000
SOLD DEC 15, 2025
-- Bed
-- Bath
5,568 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

55 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • 2-minute walk to Madison and Whitelock Park

About This Home

As of December 2025

3 unit multi-family building. one 4 bedroom/2 bathroom unit and 2- 3 Bedroom/1 Bath units
| Fully Renovated, Lead Certified, Separately Metered 3-Unit
Low-risk, low-maintenance asset with strong rentability from day one. Potential rental income $5100-$5500 per month. High-End Finishes, Hardwood Floors, and Soaring Ceilings — Attract quality tenants and reduce vacancy with standout unit interiors. Quick Access to MLK Blvd and 4 MLK Life Sciences Hub — Easy commuter access to major employment centers supports higher rent potential. Less Than half a Mile to Upcoming Reservoir Square — Future grocery, retail, and office will drive tenant demand and long-term appreciation. Each of the three thoughtfully designed apartments blends historic charm with modern updates. Soaring ceilings—some reaching up to 12 feet— hardwood and carpet floors run throughout, while oversized windows bring in plenty of natural light.
Kitchens are equipped with ceramic tile, and full suites of energy-efficient appliances—including full-size gas ranges, refrigerators, dishwashers, and disposals. Apartment 1 spans four levels with two full baths and an open-concept main floor, offering a spacious layout that works beautifully for an owner-occupant. It is the largest unit at approximately 2700 square feet, features two full baths across four levels, a flexible basement floor room, and a finished basement with a wet bar—making it a standout choice for someone looking to live on-site while offsetting their mortgage.
All units in this renovated Reservoir Hill multi-family are separately metered and outfitted with energy-efficient gas heat and central air conditioning for year-round comfort and cost savings. Laundry hookups are located in the each unit—adding even more utility savings for the landlord.
Off-street parking is available. A savvy landlord could bill back for monthly water and sewer charges, increasing overall income. 2511 Madison sits less than a half mile from the future Reservoir Square development, a multi-phase mixed-use project that will introduce grocery-anchored retail, new commercial office space, and modern amenities to the heart of the neighborhood.
Located on a quiet, tree-lined street in Reservoir Hill, the home is a quarter a mile from the newly reopened walking loop at Druid Lake—part of a once-in-a-generation underground tank project transforming the iconic reservoir into a fully recreational lake. Often referred to as Baltimore’s version of Central Park, Druid Hill Park will soon offer boating, walking trails, and expanded green space around a revitalized lakefront. Nearby institutions like the Maryland Institute College of Art (MICA) create steady demand for student and faculty housing. Residents also enjoy access to ball fields, the Baltimore Zoo, tennis courts, and wide-open parkland. For commuters and professionals, tenants can cut through Bolton Hill for a quick connection to MLK Boulevard, offering under-two-mile access to 4MLK—a brand new 250,000 square foot life sciences hub—and convenient routes to I-83, I-95, and BWI.
With major public and private investment reshaping the area, Reservoir Hill offers a rare blend of historic charm and long-term growth potential.

Last Agent to Sell the Property

Gary Dove

(443) 928-4088 garydove32@gmail.com Options Real Estate Brokerage and Consulting License #519678 Listed on: 09/24/2025

Last Buyer's Agent

Jamillah Samuels

(443) 792-9677 jamillah.samuels@gmail.com Realty ONE Group Excellence

Realty ONE Group Excellence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,033

Year Built

  • Built in 1907

Lot Details

  • 3,485 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • Basement Fills Entire Space Under The House

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Reservoir Hill Subdivision

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number 0313083421 032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,033

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1907
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Brick/Mortar, Block
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup, Has Laundry, Washer In Unit
  • Total Sq Ft: 5568
  • Living Area Sq Ft: 5568
  • Price Per Sq Ft: 181.99
  • Above Grade Finished Sq Ft: 4176
  • Below Grade Finished Sq Ft: 1392
  • Total Below Grade Sq Ft: 1392
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Very Good
  • Zoning: R-7
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8033.00
  • Assessor Parcel Number: 0313083421 032
  • Tax Lot: 032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: Baltimore City Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2000
Sold by
First Horizon Home Loan
Bought by
Cross Sheryl

Purchase Details

Closed on
Jun 16, 2000
Sold by
Houston Carol L
Bought by
First Horizon Home Loan and Corporation

Purchase Details

Closed on
Dec 19, 1995
Sold by
Hines Jeffrey C
Bought by
Houston Carol L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $79,200 --
Deed $90,000 --
Deed $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $760,000 0.0% $136 / Sq Ft
11/18/2025 11/18/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $760,000 -- $136 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $7,994 $362,300 $69,000 $293,300
2024 $7,994 $340,367 $0 $0
2023 $7,515 $318,433 $0 $0
2022 $6,997 $296,500 $69,000 $227,500
2021 $6,997 $296,500 $69,000 $227,500
2020 $6,997 $296,500 $69,000 $227,500
2019 $7,382 $314,300 $69,000 $245,300
2018 $7,215 $305,700 $0 $0
2017 $7,012 $297,100 $0 $0
2016 $4,707 $288,500 $0 $0
2015 $4,707 $258,567 $0 $0
2014 $4,707 $228,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2183700

Bright MLS

APN: 3421-032