$399,000 Open Sun 12PM - 4PM
- 4 Beds
- 3.5 Baths
- 1,901 Sq Ft
- 14631 Monmouth Dr
- Unit 10111
- Burtonsville, MD
2511 Maryland Ave Baltimore, MD 21218
Charles Village NeighborhoodEstimated payment $3,202/month
Total Views
27,518
--
Bed
--
Bath
2,352
Sq Ft
$219
Price per Sq Ft
Highlights
- 0.06 Acre Lot
- Radiator
- 5-minute walk to Margaret Brent Playground
- Georgian Architecture
About This Home
Best and final offer due date: Thursday, August 14th by noon.
Current annual rental income from apartments 1 and 2 combined is $35,880. If the 3rd floor apartment (currently and intentionally vacant for a potential owner-occupant) were to be rented at $1295/month, annual rental income for all 3 units would be $51,420. Two nearby properties (without AC and on radiator heat) with gross rental incomes of $45K/yr and $50K/yr recently sold for $519K and $575K, respectively.
Apartments separately metered. Apartment 1 is leased through May 31st, 2026 and and Apartment 2 is leased through April 30th, 2026.
Immaculately maintained and recently renovated triplex in Charles Village. Located on a quiet street thanks to the Maryland Ave bike path, it's a quick walk or bike ride to Johns Hopkins University, Wyman Park, the Baltimore Museum of Art, Remington and Hampden or jump on your bike and take the Maryland Ave bike path downtown.
The 1st floor is a 2 bedroom apartment currently rented for $1495. Tenants pay all utilities, separately metered (except for cold water).
The 2nd floor is a 2 bedroom apartment currently rented for $1495. Tenants pay all utilities, separately metered (except for cold water).
Current annual rental income from apartments 1 and 2 combined is $35,880. If the 3rd floor were to be rented at $1295/month, annual rental income for all 3 units would be $51,420.
The 3nd floor is a 1 bedroom penthouse apartment with a huge bedroom filled with naturally light and has been left vacant in case you want to live there (or need to live there for financing). It usually rents for about $200 less than the 2 bedroom apartments so if it were to be rented, $1295/month is a reasonable estimate.
Additionally, the neighboring properties to the left and right both have basement apartments so there is the potential to convert the basement into a 4th apartment.
Listing price is slightly below the average of recent comparable triplex sales in the area. See listing documents for the pre-listing inspection report that shows the property is in good condition.
Listing Agent
(301) 518-2000 dave@premfine.com Premier Fine Properties Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,497
Year Built
- Built in 1900
Lot Details
- 2,400 Sq Ft Lot
Home Design
- Triplex
- Georgian Architecture
- Brick Exterior Construction
- Stone Foundation
Unfinished Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
Parking
- 4 Parking Spaces
- 4 Off-Street Spaces
- On-Street Parking
Utilities
- Radiator
- Heat Pump System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 027
- Assessor Parcel Number 0312033636 027
Map
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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 | $5,471 | $244,500 | $90,000 | $154,500 |
| 2024 | $5,471 | $232,933 | $0 | $0 |
| 2023 | $5,224 | $221,367 | $0 | $0 |
| 2022 | $4,951 | $209,800 | $90,000 | $119,800 |
| 2021 | $4,918 | $208,400 | $0 | $0 |
| 2020 | $4,885 | $207,000 | $0 | $0 |
| 2019 | $4,829 | $205,600 | $90,000 | $115,600 |
| 2018 | $4,852 | $205,600 | $90,000 | $115,600 |
| 2017 | $4,852 | $205,600 | $0 | $0 |
| 2016 | $5,062 | $205,600 | $0 | $0 |
| 2015 | $5,062 | $205,600 | $0 | $0 |
| 2014 | $5,062 | $205,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $515,000 | +3.1% | $219 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $499,500 | +25.0% | $212 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $399,500 | 0.0% | $170 / Sq Ft |
| 03/31/2016 03/31/16 | Rented | $1,200 | -7.3% | -- |
| 03/30/2016 03/30/16 | Under Contract | -- | -- | -- |
| 07/02/2015 07/02/15 | For Rent | $1,295 | 0.0% | -- |
| 05/28/2015 05/28/15 | Sold | $183,500 | -3.4% | $78 / Sq Ft |
| 02/25/2015 02/25/15 | Pending | -- | -- | -- |
| 02/03/2015 02/03/15 | For Sale | $190,000 | -- | $81 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $183,500 | None Available | |
| Trustee Deed | $325,435 | None Available | |
| Deed | $213,150 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,995 | FHA | |
| Open | $214,068 | FHA |
Source: Public Records
About the Listing Agent
David's Other Listings
Source: Bright MLS
MLS Number: MDBA2176384
APN: 3636-027
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