New

$229,900

For Sale

2 hours ago

2902 N Loudon Avenue, Baltimore, MD

Name: 2902 N Loudon Avenue, For Sale in Baltimore - eXp Realty
Brand: Mr. Lister Realty
SKU: MDBA2234526
Price: 229900 USD

House

MLS® MDBA2234526

5 Bed

3 Bath

2950 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2950 sqft

Garage

Taxes $4,980

Days Active 0

Lot Size 0.14 Acres

Approx. Age 1923

Avg. Price Per Sqft $77

MLS® Number MDBA2234526

Property Address: 2902 N Loudon Avenue, BALTIMORE, MD, 21216

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

Description

**Three-Unit Multifamily Investment Property in Baltimore, MD – Immediate Rental Income and Value-Add Potential!** Occupied unit is the one at the back of the house. All pics are of the two unoccupied units. Both need some work. Welcome to 2902 N Loudon Avenue, Baltimore, MD 21216, a three-unit multifamily investment property located in the Windsor Hills area of Baltimore City. Offered at $229, 000, this income-producing property presents an opportunity for real estate investors seeking rental income, cash flow potential, and long-term appreciation through strategic improvements. The property features three residential units consisting of a 1-bedroom, 1-bathroom unit with an additional loft and two 2-bedroom, 1-bathroom units. One unit is currently occupied by a reliable, long-term tenant, while the remaining two units are vacant and offer opportunities to increase rental income without undertaking extensive renovations. The occupied 1-bedroom unit with loft currently generates $1, 025 per month in rental income. The tenant has occupied the property for more than eight years, has a consistent payment history, and the unit is in good condition. The second unit offers two bedrooms and one full bathroom and requires minimal improvements to become rent-ready. The third unit also features two bedrooms and one full bathroom, with the primary improvement needed being a bathroom renovation along with routine turnover updates. For investors looking to expand their Baltimore rental property portfolio, the combination of existing rental income and two vacant units creates an opportunity to improve the property, secure additional tenants, and increase overall cash flow. The property's layout also offers flexibility for investors pursuing a buy-and-hold or value-add multifamily investment strategy. Additional highlights include off-street parking in the rear and a residential setting surrounded primarily by single-family homes. Conveniently located near Windsor Hills Park, Gwynns Falls/Leakin Park, shopping, restaurants, and public transportation, the property offers access to Downtown Baltimore, West Baltimore MARC, Mondawmin Metro, I-70, I-695, and I-95. Whether you're searching for a Baltimore multifamily property for sale, a three-unit rental investment, or an income-producing property with upside potential, 2902 N Loudon Avenue deserves your attention. **Offered at $229, 000. Property is being sold strictly as-is. Schedule your private showing and explore the investment potential!**

MLS® NumberMDBA2234526

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1923

BasementUnfinished

DrivewayDriveway, On Street

Garage Spaces

HeatRadiator, Natural Gas

A/CNone, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 12, 2026List Date

$229,900List Price

Home Appraisal

This property is estimated to sell between: $229,000 and $357,000.

Similar properties in this area sold on average for: $314,342

Expected to sell in 102 days. Similar properties sold in 102 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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