1700 Madison Ave, Baltimore, MD 21217
UNDER CONTRACT

1700 Madison Ave
Baltimore, MD 21217

Madison Park
  • 2 Beds
  • 7,560 sqft
  • 2 Beds
  • 7,560 sqft

$425,000

Est. Mortgage $2,817/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

The property has 6 residential units and one retail space. No tenants at the moment. Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement. Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center. Multiple income streams: Combined residential and commercial units ensure stable cash flow. Ample street parking and easy access to transportation routes. The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art), presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and success, contribute to the vibrant community surrounding this property. The vacant units provide significant potential for increased revenue through renovation and leasing efforts.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$56
Listed
168 days ago

Home Details for 1700 Madison Ave

Interior Features

Interior Details
Basement: OtherNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 2
Dimensions and Layout
Living Area: 7560 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Other,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Other
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: Other
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 168

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: Federal,Traditional
Building
Construction Materials: StoneNot a New Construction
Property Information
Parcel Number: 0314130341 001

Price & Status

Price
List Price: $425,000Price Per Sqft: $56
Status Change & Dates
Possession Timing: 0-30 Days CD

Active Status

MLS Status: ACTIVE UNDER CONTRACT

Location

Direction & Address
City: BaltimoreCommunity: Madison Park Historic District
School Information
Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools

Agent Information

Listing Agent
Listing ID: MDBA2105486

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 2Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Other

Miscellaneous

BasementMls Number: MDBA2105486Municipality: Baltimore CityZillow Contingency Status: Under Contract
Last check for updates: about 13 hours ago
Listing courtesy of Mendel Dalfin, (410) 498-5408
Midfield Realty, (410) 498-5408
Source: Bright MLS, MLS#MDBA2105486

Price History for 1700 Madison Ave

DatePriceEventSource
04/17/2024$425,000ContingentBright MLS #MDBA2105486
03/12/2024$425,000PendingToActiveBright MLS #MDBA2105486
01/24/2024$425,000ContingentBright MLS #MDBA2105486
01/02/2024$425,000PendingToActiveBright MLS #MDBA2105486
12/21/2023$425,000PendingBright MLS #MDBA2105486
11/13/2023$425,000Listed For SaleBright MLS #MDBA2105486
11/18/2022$950,000Sold
N/A
11/08/2021$349,900ListingRemovedBright MLS #MDBA548880
09/20/2021$349,900PendingBright MLS #MDBA548880
03/04/2010$27,500Sold
N/A
06/16/2008$22,324Sold
N/A
02/06/2002$21,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$10,253
Assessment$933,200
Home facts updated by county records

Comparable Sales for 1700 Madison Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Multi-Family Home
$760,000
10/17/23
7
-
5,510
0.23
Multi-Family Home
$925,000
09/11/23
5
5
4,339
0.28
Multi-Family Home
$475,000
12/29/23
5
-
5,214
0.18
Multi-Family Home
$545,000
04/17/24
7
7
4,053
0.20
Multi-Family Home
$515,000
02/20/24
11
4
5,386
0.23
Multi-Family Home
$315,000
07/24/23
3
3
2,950
0.27
Multi-Family Home
$505,000
09/13/23
4
3
2,968
0.17
Multi-Family Home
$416,000
02/21/24
6
4
3,400
0.15
Multi-Family Home
$406,000
10/23/23
5
3
2,700
0.28
Multi-Family Home
$479,500
06/21/23
5
-
2,968

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Madison Park

  • Benson B.
    "A nice neighborhood overall. The houses on Madison Ave and Eutaw are beautiful historic homes and sort after. "
    1
    Flag
  • Tierra J.
    "I jst like here the ppl are friendly and nice, close to transit, not far frm downtown. it has places outdoors where you can sit nd enjoy "
    0
    Flag
  • Marquis F.
    "Great schools are close but not a lot of safe play areas for children but there are some places in surrounding areas."
    1
    Flag
  • Nickyponds
    "There's a nice middle sidewalk that runs the length of Eutaw Place where I live that's lined with trees, floral arrangements, statues. It's beautiful. "
    19
    Flag

LGBTQ Local Legal Protections

Mendel Dalfin, Midfield Realty
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1700 Madison Ave, Baltimore, MD 21217 is a 2 bedroom, 7,560 sqft multi-family built in 1920. 1700 Madison Ave is located in Madison Park, Baltimore. This property is currently available for sale and was listed by Bright MLS on Nov 28, 2023. The MLS # for this home is MLS# MDBA2105486.