USAMDBaltimore3901 Groveland Ave
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3901 Groveland Ave, BALTIMORE, MD

Real Estate

For Sale

Listed price in listed location currency (USD).
$865,000

000

MLS® MDBA2207684

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $14,975
Days Active 0
Approx. Age 1969
MLS® Number MDBA2207684

Property Address: 3901 Groveland Ave, BALTIMORE, MD, 21215-5667

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 3901 Groveland Ave — one of Baltimore's most compelling multifamily investment opportunities of the year. This solid brick 10-unit apartment building in the sought-after West Arlington neighborhood is already cash-flowing at 90% occupancy, bringing in $8, 355/month with a 4.95% cap rate on day one. But the real story is the upside. With in-place rents averaging just $928/unit against a market rate of $1, 478/month, you're sitting on $66, 000+ in untapped annual income — just waiting to be unlocked. Most leases are at-will, meaning you can start moving rents to market immediately. Renovate and stabilize all 10 units, and your pro forma NOI jumps to $97, 000–$137, 000+. Then convert the 11th unit on the lower level, and you've created even more value from day one. Every unit is a generous 2BR/1BA with a living room, dining room, kitchen, and hardwood-style floors. On-site laundry, off-street parking, and professional management are already in place. This is the turnkey value-add deal you've been waiting for. Serious inquiries only. Call today to schedule your private tour.
MLS® NumberMDBA2207684
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1969
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$865,000List Price
  • Commute

Commute

Starting Address
Destination Address
3901 Groveland Ave, BALTIMORE, MD

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