Date
Details
Price
Change
Source
8/06/2025
Listed
$777,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
$777,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
Property Description
**BACK ON THE MARKET. ** Fantastic investment opportunity in the heart of Baltimore - Madison Park Historic District! Add this four-unit (16 rooms) multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each of the four separately metered units features individual rental rooms, totaling 16 rentable rooms-a rare setup ideal for maximizing rental income. Each unit includes shared common areas: a kitchen, open-concept living and dining area, bathroom, and laundry space. Some rooms are furnished, making this a turn-key opportunity for student housing, transitional housing, or other high-demand rental strategies. Located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. This property is a cash-flowing asset in a growing neighborhood. Estimated potential rent roll of $8,000-$10,000/month when fully occupied. Whether you're a seasoned investor or just starting your portfolio, this property is a prime addition. Don't miss this opportunity to capitalize on a high-yield investment!
Full Property Details
Full Property Details for 1406 Madison Ave
General
- Price: $777,000
- Taxes: $1,657 (2024)
- Status: Active
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2178710
- Updated: 1/14/2026
- Added to Site: 163 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Subdivision: MADISON PARK HISTORIC DISTRICT
- Driving Directions: Take I-695 E to Exit 23A ( I-83 S ). Take Exit 6 for Mt Royal Terr toward US-1/US-40 Truck/North Ave. Merge onto Mt Royal Terrace. Continue onto W Mt Royal Terr. Keep right to continue toward McMechen St. Turn right onto McMechen St. Turn left onto Madison Ave. Property is on the Right. - No Sign on Property.
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Heating Fuel: Natural Gas
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Federal
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Stone
- Basement: Yes
- Basement Desc.: Connecting Stairway, Full
- Foundation: Stone
- Sq. Ft. Source: Assessor
- Year Built: 1920
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Estimated
- Zoning: R-7
Financial Considerations
- Assessment Year: 2025
- City/TownTax: $1,578
- City/TownTax Freq: Annually
- County Tax: $79
- County Tax Freq: Annually
- Tax w/Assessment: $70,200
- Tax Amount: $1,657
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Section: 12
- Lot Number: 3
Listed by KLR Real Estate Inc, Kimberly R Orange
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1406 Madison Ave —
Kimberly R Orange
KLR Real Estate Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1406 Madison Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Eutaw-Marshburn Elementary School 1624 Eutaw Place, Baltimore, MD 21217 | PK-5 | 0.2 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.1 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 1.8 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 0.9 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1.1 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 1.5 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 1.7 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 2.2 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1406 Madison Ave
Tax History
Tax History for 1406 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,657
—
$70,200
—
2022
$1,657
5%
$70,200
5%
2021
$1,576
20%
$66,800
5%
2021
$1,315
3%
$63,400
6%
2020
$1,274
-2%
$60,000
—
2019
$1,296
-1%
$60,000
—
2018
$1,311
-15%
$60,000
-15%
2017
$1,542
—
$70,200
—
2016
$1,548
-7%
$70,200
—
2015
$1,657
2234%
$70,200
2240%
2013
$71
—
$3,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1406 Madison Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 3Total Baths
- 2,460Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,680Sq. Ft.
- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,612Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,184Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
- 1,292Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,106Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,288Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,520Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1406 Madison Avenue, Baltimore, MD 21217 (MLS# MDBA2178710) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1406 Madison Avenue is currently listed for $777,000 and was received on August 06, 2025. Want to learn more about 1406 Madison Avenue? Do you have questions about finding other Townhouse real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.