847 Park AVe — Sale in Baltimore, MD

  • Price: $1.4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Baltimore, MD 21201
  • Size: 4,672 SF
  • Year built: 1900

Investment Figures

Cap rate
7.00%
Price per square foot
$300
Price per unit
$200,000 across 7 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Opportunity to acquire a stable, mixed use renovated property. Located in historic Mount Vernon. This ground up renvoation has new plumbing, electric, kitchens and baths. 100% Occcupied. Consisting of 6- 1 BR Apats and 1 groudn level commercial space. Building SF: 4672 | Land Size: 0.04 Ac | Year Built: 1900 | Listing Type: FOR SALE

Market Context

This multifamily in Baltimore, MD is listed for sale at $1,400,000 across 4,672 SF. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1900. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Baltimore, MD — view the full market.

As of Q1 2026, the Baltimore multifamily market showed a 7.5% vacancy rate. Source: Colliers Q1 2026 market report.

Multifamily market FAQ

Is the Baltimore multifamily market tightening or softening?
Vacancy is around 7.5% (Q1 2026).

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