Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3060.0

  • Cooling YN

    YES

  • Cooling

    Other

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $475,000

  • Tax Amount

    $9,210

  • Sq. Footage

    3,060

  • Price/SqFt

    $155

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Other

  • Tax Lot

    019

  • Water Source

    Other

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Listing Courtesy of Menachem M. Dalfin, Midfield Realty

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Welcome to 139 E North Ave, an exceptional investment prospect nestled in the vibrant and revitalized Station North neighborhood of Baltimore, Maryland. Priced at $450,000.00, this multi-family building comprises three fully occupied units, currently yielding a total rent of $3,665, while presenting the promising opportunity to reach market rents of $4,285. Boasting immediate income potential, this property is strategically positioned in a thriving locale, just minutes away from the bustling downtown Baltimore area. Don’t overlook the chance to seize this sound investment, characterized by stable occupancy rates and the promise of lucrative returns in a neighborhood on the rise

PRIME LOCATION: Situated in Baltimore, the property is close to MICA, Johns Hopkins, and Baltimore University ensuring a constant demand from students and professionals. With easy access to Penn Station, local job markets, and the I-83 highway, it’s a prime location for convenience and connectivity. 

IMMEDIATE ROI: With tenants already in place, this property offers immediate investment potential, ensuring a favorable return on investment from day one. 

HOUSE HACK POTENTIAL: Possibility of house hack, living in one of the units and renting the other two. With this approach, the homeowner lives rent-free.

 CONVENIENT ACCESSIBILITY: Situated on a high-traffic road, the property ensures easy access to major highways such as HWY 40, 83, and 2, enhancing both visibility and convenience for residents. 

LUXURIOUS INTERIORS: All units feature wood flooring, new carpets, granite counters, high-end fixtures, modern stainless steel kitchen appliances, HVAC and washer and dryer in the unit.

139 E NORTH AVENUE

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Related Properties

Passing inspection in Oct 2026 - uploaded in the document section.
Federal-Style Two-Unit Property with Income Potential in Baltimore City. Welcome to 1501 E Baltimore St, Baltimore, MD 21231—a Federal-style property currently configured and operated as two separate living units, offering flexibility for an investor, owner-occupant, or multi-generational living arrangement. 

The upper unit features five rooms and two full bathrooms and is currently rented by the room. There are currently three tenants occupying the unit, with two additional rooms presently available following recent tenant departures. The lower unit offers two bedrooms and one full bathroom. Each unit has its own private kitchen and separate in-unit washer and dryer, providing convenience and privacy for occupants.

The property is currently occupied and generating approximately $3,600 per month in collected rental income, providing an attractive opportunity for investors seeking an income-producing property in Baltimore City.

Buyer to independently verify zoning, permitted use, unit configuration, room count, square footage, and all rental/licensing requirements with the appropriate Baltimore City agencies. Property is being sold in its current condition and configuration.

Recent Updates (Since October 2023)
 Downstairs Unit: New microwave, renovated full bath
Upstairs Unit: New dishwasher 
Common / General: New washing machine
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$5,000 SELLER CONCESSION OFFERED! 
Rarely available fully renovated 3-unit triplex in the heart of Reservoir Hill! This approximately 3,600 SF property features two (2) 2BR/1BA units and one (1) 3BR/1BA unit. Major renovations include a new roof, HVAC systems, plumbing, electrical, water heaters, balconies, kitchens, bathrooms, fresh paint, and LVP flooring. All units are vacant, rental-licensed, and have passed Baltimore City property and lead inspections, offering an ideal opportunity for an owner-occupant or investor. 

The partially finished basement is 1,200 SF & includes plumbing, electrical, and wall studs, creating potential for a 4TH UNIT QUADPLEX, subject to zoning and permits. The adjacent vacant lot is city-owned and may offer expansion potential for an owner-occupant, subject to applicable requirements. Located near major Reservoir Hill redevelopment investment projects, including Madison North and the revitalized Druid Lake Reservoir. 

With all three units currently vacant, this property offers immediate flexibility for an owner-occupant looking to HOUSE-HACK or an investor seeking to lease all units and build a multifamily portfolio. A rare combination of turnkey renovations, flexibility, and future potential! 

Check out the 3D virtual scan tour!
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Newly renovated and legally zoned 3-unit property. This end of group building features two 2 bedroom, 1 bath units (listed for $1,500/mo) and one 1 bedroom, 1 bath unit rented for $1,200/mo.  All units are newly renovated with wood laminate flooring, kitchens with granite counters & ss appliances, updated baths, and in-unit laundry. A fantastic investment opportunity for a buyer looking to live in one unit and rent out the other 2 or for an investor looking for a turn key rental opportunity to add to their rental portfolio!
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Rare opportunity to own a stunning, fully renovated end-of-group duplex in the heart of Patterson Park offering over 2,800 sq. ft. of beautifully finished living space and exceptional income-producing potential. This impressive multifamily property features two expansive 3-bedroom, 3.5-bath units, each thoughtfully designed with modern finishes, spacious layouts, and abundant natural light pouring through oversized windows. Separately metered for convenience and efficiency, both units showcase wood flooring throughout, gourmet kitchens appointed with sleek Quartz countertops, stainless steel appliances, custom cabinetry, and stylish fixtures that perfectly blend comfort and contemporary design.  The well-designed floor plans offer generously sized bedrooms situated on separate levels, creating ideal privacy and flexibility for roommates, guests, or multigenerational living. Every detail has been carefully updated, including brand-new roof, windows, HVAC systems, plumbing, electrical, and more, providing truly turnkey ownership with minimal maintenance for years to come.  Perfectly positioned just moments from Patterson Park and in close proximity to Johns Hopkins Hospital and Medical Campus, this property offers outstanding rental appeal for medical students, residents, traveling nurses, and healthcare professionals seeking high-quality housing near work and city conveniences. Whether you are an investor looking to add a high-performing asset to your portfolio or an owner-occupant interested in offsetting your mortgage by renting the second unit, this exceptional property delivers versatility, style, and long-term value in one of Baltimore’s most sought-after neighborhoods.
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BACK ON MARKET BUYERS FINANCING FELL THROUGH 
PRIME CHARLES VILLAGE 4-UNIT | STRONG LOCATION | VALUE-ADD OPPORTUNITY
Investors, take notice: 3119 Guilford Avenue is a well-located four-unit property in the heart of Charles Village, just three blocks from Johns Hopkins University’s Homewood campus.  

This end unit property consists of four apartments, with each unit occupying an entire floor, creating spacious layouts and an attractive rental configuration. 

The property is being offered as a value-add investment opportunity, with the existing kitchens and bathrooms ready for your renovations. An investor can bring a fresh vision to the four apartments, updating finishes, kitchens, and baths.The current kitchens feature gas ranges, stainless steel sinks, laminate countertops, and a mix of wood and metal cabinetry. Bathrooms vary in configuration, including three full tubs and one stand-up shower. 

One of the biggest advantages of 3119 Guilford is the way the property is separately metered. Each apartment has its own gas and electric meter, and tenants pay for their own water, keeping landlord-paid utilities and operating expenses low.

The property features:

4 separate electric meters
Separate gas-fired forced-air furnaces for each apartment
Individual water heaters for each unit
Tenant-paid water

Location is one of the property's greatest assets. Johns Hopkins University’s Homewood campus is only three blocks away, placing the property in a highly desirable rental area with access to a major university, employment center, hospital, retail, restaurants, and neighborhood amenities.

Tenants can walk to:
Johns Hopkins University Homewood Campus
Charles Village shopping and dining
Union Memorial Hospital
Local parks, restaurants, and neighborhood amenities

This property will need renovations. This property was rented out and is currently vacant. The last renter moved out the first weekend in August. 
 The block  also benefits from Johns Hopkins campus security and the Charles Village Benefits District, which supports neighborhood cleanliness, security patrols, and community programming.

For an investor seeking a Baltimore multifamily property - THIS IS IT - 3119 Guilford Avenue offers the opportunity to acquire, stabilize, improve, and grow value over time. Please  note this property will need renovations.
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Unit 2 spans the second and third floors and offers 2 bedrooms and 1.5 baths. The second level includes generous living and dining spaces, an eat-in kitchen with access to the rear deck, and a half bath with stackable washer and dryer that was previously configured with a stand-up shower. The upper level continues the home's spacious and distinctive layout.
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● Price Improved to $380,000 with Strong Projected Returns: 9.70% cap rate and 13.4% projected cash-on-cash return, with two units rented and two available for immediate lease-up.

● Below-Market Rents Offer Organic Upside: Gradual rent increases can improve returns without major capital investment.

● Strong Physical Condition: 2020 roof, replacement wood windows, and updated plumbing help minimize future repair expenses.

● Walkable Location Near Daily Essentials: Giant, Ace Hardware, the YMCA, Enoch Pratt Library, and the year-round 32nd Street Farmers Market are all within a 4-minute walk, supporting consistent rental demand.

Owner Occupant Opportunity! Purchase with just 3.5% down using 96.5% LTV financing, live in one of the two-bedroom apartments, and collect projected rents from the other three apartments that exceed the total monthly PITI and PMI by approximately $103/month. In this scenario, rental income covers the entire projected housing payment.

With 20% down using conventional financing, projected rents from the other three apartments reduce the owner occupant’s monthly housing cost to approximately $805/month—well below the cost of renting many two-bedroom apartments. With two apartments currently vacant, the buyer can choose which apartment to occupy and then select the tenant for the other vacant unit.

Interiors: 702 Homestead Street includes four two-bedroom apartments. Kitchens have laminate countertops, wood cabinets, 30” gas ranges, dishwashers, and stainless steel sinks, with garbage disposals in some units. Bathrooms include modern vanities, steel tubs, and ceramic tile tub surrounds. Living areas are carpeted, while kitchens and baths have ceramic tile flooring. Washer and dryer hookups are provided in each apartment so occupants can supply their own in-unit laundry.

Utilities: A 2020 asphalt shingle roof, separately metered gas and electric service, and individual mechanical systems help simplify ownership. Each apartment has its own gas-fired furnace with central air conditioning and its own electric water heater. Observable supply lines are C-PVC and drain lines are PVC. The owner currently pays water and sewer, providing an opportunity for a future owner to implement utility reimbursement and improve cash flow.

What’s Special About Better Waverly: Better Waverly has a 51% homeownership rate, contributing to well-maintained homes and neighborhood stability. Giant, Ace Hardware, the YMCA, and the Enoch Pratt Library are just 0.2 miles, or  a 4-minute walk, from 702 Homestead Street. The year-round 32nd Street Farmers Market is also only a few blocks away, and Johns Hopkins University’s Homewood Campus is less than one mile from the property. Renovation activity throughout the surrounding blocks reflects continued private investment in the neighborhood.
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● Value-Add Opportunity: Older kitchens and bathrooms are in working condition, and the building is fully occupied. Updating the apartments creates an opportunity to maximize rents and create long-term value.

● Oversized Apartments: 3,456 square feet of gross building area includes one three-bedroom, two-bath apartment and two two-bedroom, one-bath apartments.

● Tenant-Paid Utilities: Tenants currently pay for gas, electric and water, helping limit the owner’s utility exposure and support monthly cash flow.

● Great Charles Village Location: Wyman Park is across the street, with Johns Hopkins University’s Homewood Campus, R. House, neighborhood shopping and JHU shuttle service nearby.

103 West 29th Street is a fully occupied, three-unit apartment building offering unusually large apartments in a highly walkable Charles Village location. The building includes one three-bedroom, two-bath apartment and two two-bedroom, one-bath apartments within 3,456 square feet of gross building area.

The kitchens and bathrooms are older but remain in working condition, allowing a new owner to complete improvements over time. Kitchens include laminate countertops, wood or metal cabinets and 30-inch gas ranges. Bathrooms feature cast-iron tubs with ceramic tile surrounds and ceramic tile or vinyl flooring. Updating the kitchens, bathrooms and interior finishes provides a clear path to modernizing the apartments, maximizing rents and creating long-term value.

Each apartment has its own gas-fired furnace and gas-fired water heater. The property is served by four electric meters and three gas meters. Tenants currently pay for gas, electric and water.

Wyman Park is directly across the street, while R. House and the Charles Village shopping district are approximately three blocks away. Johns Hopkins University’s Homewood Campus and nearby JHU shuttle service help the property appeal to a broad tenant pool. The Maryland Avenue protected bike lane begins at the end of the block, and Baltimore Penn Station provides convenient regional rail service.
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