Listed price in listed location currency (USD).
$285,000

000

MLS® MDBA2220346

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2505 sqft
Garage 
Taxes $2,575
Days Active 1
Lot Size 0.04 Acres
Approx. Age 1920
Avg. Price Per Sqft $113
MLS® Number MDBA2220346

Property Address: 2920 Parkwood Ave, BALTIMORE, MD, 21217-1926

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

Description

Turnkey Multi-Family Investment Opportunity – Projected to Gross Over $3, 200/Month! Don't miss this exceptional income-producing opportunity at 2920 Parkwood Ave., Baltimore, MD 21217. Located in the rapidly revitalizing Druid Heights neighborhood, this legally zoned 3-unit brick multi-family property is a turnkey investment with strong cash-flow potential. Whether you're looking to expand your rental portfolio, live in one unit while renting the others, or capitalize on Baltimore's growing rental market, this property checks all the boxes. The property features three separately configured units, including a cozy efficiency with a full bath, plus two spacious 1-bedroom, 1-bath apartments. With projected gross rental income of over $3, 000 per month, this property offers immediate income potential and an attractive return for both seasoned and first-time investors. Additional highlights include a large unfinished basement offering abundant storage or future value-add possibilities, a private fenced backyard, and alley access with off-street parking—a highly desirable feature for tenants in the city. Perfectly positioned just minutes from Druid Hill Park, tenants will enjoy walking access to the Maryland Zoo, Howard P. Rawlings Conservatory & Botanic Gardens, and the scenic Druid Hill Reservoir. Convenient access to public transportation, major commuter routes, downtown Baltimore, universities, hospitals, and neighborhood amenities further enhances the property's long-term rental appeal. With strong income potential, a desirable location, and room for future appreciation, 2920 Parkwood Ave. is a rare opportunity to acquire a cash-flowing, turnkey multi-family asset in one of Baltimore's emerging investment corridors. Schedule your showing today and add this high-performing property to your portfolio before it's gone!
MLS® NumberMDBA2220346
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayOn Street, Alley
Garage Spaces
Heat90% Forced Air, Central
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2026List Date
$285,000List Price
Oct 5, 2025End Date
$260,000Sold Price

Sold

Apr 9, 2025List Date
$260,000List Price
  • Commute

Commute

Starting Address
Destination Address
2920 Parkwood Ave, Baltimore, MD

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