2513 Brookfield Ave Baltimore, MD 21217
Reservoir Hill NeighborhoodEstimated payment $2,461/month
Highlights
- Second Kitchen
- Traditional Floor Plan
- Main Floor Bedroom
- Colonial Architecture
- Wood Flooring
- 3-minute walk to German Park
About This Home
Price Improvement Alert!! **Please Note - This is a SHORT-SALE Subject to Required Third-Party Approval ***Calling all investors*** Schedule your showing and bring your vision! — don’t miss this end-unit triplex opportunity in sought-after Historic Reservoir Hill. Positioned in a growing, developing community, this property offers strong income potential with a layout that supports multiple revenue streams. Whether you’re building a rental portfolio or looking for a value-add play, this property checks the boxes.
Once fully occupied, projected rental income is well over $4,000 per month. The building includes three units—one 1-bedroom/1-bath, one 2-bedroom/1-bath and one 3-bedroom/1 bath. Bonus: A fully renovated basement studio with its own private entrance, ideal for added cash flow and/or owner-occupied opportunity. Laundry hookups accommodate multiple machines, creating the possibility of paid laundry as an additional income source. Parking is a major plus here, with street parking available and a separate lot located in the rear of the home for added convenience. Centrally located just minutes from Downtown/Inner Harbor and the Maryland Zoo. Investors—this is your chance to secure a multi-unit asset in a neighborhood on the rise. Could it be possible that you're just days away from sealing the deal and making this your investment just waiting to happen!
Listing Agent
(240) 737-5000 mariam.mccalla@kw.com Keller Williams Preferred Properties Brokerage Phone: 2407375000 Listed on: 02/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,869
Year Built
- Built in 1923 | Remodeled in 2023
Lot Details
- Level Lot
- Historic Home
- Ground Rent of $180 semi-annually
- Property is in average condition
Home Design
- Quadruplex
- Colonial Architecture
- Studio
- Flat Roof Shape
- Brick Exterior Construction
- Plaster Walls
- Concrete Perimeter Foundation
Interior Spaces
- Main Floor Bedroom
- Traditional Floor Plan
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Replacement Windows
- Six Panel Doors
- Garden Views
Kitchen
- Second Kitchen
- Stove
- Built-In Microwave
Flooring
- Wood
- Concrete
- Ceramic Tile
Finished Basement
- Walk-Out Basement
- Rear Basement Entry
Parking
- Gravel Driveway
- Off-Street Parking
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Multiple Balconies
- Exterior Lighting
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 4 Units
- 4-Story Building
Listing and Financial Details
- Tax Lot 038
- Assessor Parcel Number 0313103461 038
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 | $4,640 | $206,300 | $55,000 | $151,300 |
| 2024 | $4,640 | $197,567 | -- | -- |
| 2023 | $4,435 | $188,833 | $0 | $0 |
| 2022 | $4,250 | $180,100 | $55,000 | $125,100 |
| 2021 | $4,157 | $176,133 | $0 | $0 |
| 2020 | $4,063 | $172,167 | $0 | $0 |
| 2019 | $3,951 | $168,200 | $55,000 | $113,200 |
| 2018 | $3,850 | $163,133 | $0 | $0 |
| 2017 | $3,730 | $158,067 | $0 | $0 |
| 2016 | $2,219 | $153,000 | $0 | $0 |
| 2015 | $2,219 | $133,233 | $0 | $0 |
| 2014 | $2,219 | $113,467 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | Price Changed | $395,000 | -2.5% | $118 / Sq Ft | |
| 02/05/2026 02/05/26 | For Sale | $405,000 | +4.8% | $121 / Sq Ft | |
| 11/27/2023 11/27/23 | Sold | $386,597 | 0.0% | $153 / Sq Ft | View Prior Sale |
| 11/08/2023 11/08/23 | Price Changed | $386,597 | +3.1% | $153 / Sq Ft | |
| 10/27/2023 10/27/23 | For Sale | $375,000 | +581.8% | $149 / Sq Ft | |
| 02/28/2014 02/28/14 | Sold | $55,000 | -67.3% | $22 / Sq Ft | View Prior Sale |
| 01/28/2014 01/28/14 | Pending | -- | -- | -- | |
| 10/15/2012 10/15/12 | For Sale | $168,433 | -- | $67 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Assignment Deed | $386,597 | Passport Title | |
| Assignment Deed | $386,597 | Passport Title | |
| Deed | $32,000 | -- | |
| Deed | $17,500 | -- | |
| Deed | $20,000 | -- | |
| Deed | $16,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $367,267 | New Conventional | |
| Previous Owner | $16,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: MDBA2197232
APN: 3461-038
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