2524 Brookfield Ave Baltimore, MD 21217
Reservoir Hill NeighborhoodEstimated payment $2,671/month
Highlights
- Doors swing in
- Radiator
- 4-minute walk to German Park
- Central Air
About This Home
***$5K (maximum) in closing cost help if an offer is ratified by July 1, 2025. ***
Back on the Market – Rare Opportunity in Historic Reservoir Hill!
This is your second chance to own a versatile, income-generating gem in one of Baltimore’s most architecturally rich and community-driven neighborhoods—Reservoir Hill. Whether you’re an investor looking to expand your portfolio or an owner-occupant ready to offset your mortgage with rental income, 2524 Brookfield Ave delivers serious potential and long-term value. 3- 2 bed/1 bath units
Multiple Units with spacious layouts – ideal for multi-generational living or steady tenant income
Solid structure with cosmetic upgrade opportunities to boost equity
Located minutes from Druid Hill Park, MICA, Johns Hopkins, and Penn Station
Surrounded by active revitalization and high rental demand
Easy access to I-83, downtown, and major transit lines
This isn’t just a property—it’s a strategic move. It offers flexibility, location, and upside. Whether you're looking to live in one unit and rent the rest, or fully lease out for maximum cash flow, this is the kind of asset that performs over time.
Serious buyers only. Motivated seller, ready to move forward.
Schedule your private showing today and position yourself ahead of the competition. Opportunities like this in Reservoir Hill don’t sit long—act fast and close strong.
Each unit boasts gleaming hardwood floors that add warmth and elegance to the living spaces. Enjoy morning coffee or evening relaxation on your private balcony, offering a serene retreat. The property includes a detached 2-car garage, providing secure and convenient parking. This property also boasts a large, unfinished basement offering a blank canvas for your creative touch and potential for customization to suit your needs, whether you envision a gym, workshop, or additional living space.
Each unit also features two generously sized bedrooms with plenty of natural light and a bathroom with fixtures and finishes that ensure comfort and convenience. Open living and dining areas create a welcoming atmosphere perfect for entertaining or everyday living. Well-appointed kitchens with modern appliances and ample cabinet space, making cooking a joy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,280
Year Built
- Built in 1918
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
Utilities
- Central Air
- Radiator
- Natural Gas Water Heater
Additional Features
- Doors swing in
- 436 Sq Ft Lot
Community Details
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 015
- Assessor Parcel Number 0313103463E015
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 | $6,250 | $279,000 | $55,000 | $224,000 |
| 2024 | $6,250 | $266,100 | $0 | $0 |
| 2023 | $5,976 | $253,200 | $0 | $0 |
| 2022 | $5,671 | $240,300 | $55,000 | $185,300 |
| 2021 | $5,532 | $234,400 | $0 | $0 |
| 2020 | $4,868 | $228,500 | $0 | $0 |
| 2019 | $4,755 | $222,600 | $55,000 | $167,600 |
| 2018 | $5,076 | $215,100 | $0 | $0 |
| 2017 | $4,899 | $207,600 | $0 | $0 |
| 2016 | $3,472 | $200,100 | $0 | $0 |
| 2015 | $3,472 | $182,267 | $0 | $0 |
| 2014 | $3,472 | $164,433 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $389,000 | 0.0% | $100 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $389,000 | -5.1% | $100 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $410,000 | 0.0% | $106 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $410,000 | -4.7% | $106 / Sq Ft |
| 05/03/2025 05/03/25 | For Sale | $430,000 | 0.0% | $111 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $430,000 | +4.9% | $111 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $410,000 | 0.0% | $106 / Sq Ft |
| 07/26/2024 07/26/24 | Off Market | $410,000 | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $410,000 | +215.4% | $106 / Sq Ft |
| 03/17/2017 03/17/17 | Sold | $130,000 | 0.0% | $33 / Sq Ft |
| 11/28/2016 11/28/16 | Pending | -- | -- | -- |
| 11/21/2016 11/21/16 | Off Market | $130,000 | -- | -- |
| 11/06/2016 11/06/16 | For Sale | $124,900 | -- | $32 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $130,000 | None Available | |
| Trustee Deed | $151,100 | Attorney | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $29,025 | -- | |
| Deed | $68,000 | -- | |
| Deed | $30,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $12,071 | Stand Alone Second | |
| Open | $290,193 | FHA |
Source: Bright MLS
MLS Number: MDBA2129230
APN: 3463E-015
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