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$715,000
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Property Description
Fantastic investment opportunity in the heart of Baltimore's Madison Park Historic District! Add this four-unit multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each unit is separately metered and includes a kitchen, open-concept living and dining area, bathroom, and laundry space. 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. 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
- Sold For: $715,000
- Taxes: $1,657 (2024)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2178710
- Added to Site: 287 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
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Section: 12
- Lot Number: 3
Listed by KLR Real Estate Inc, Kimberly R Orange
Sold by EXP Realty, LLC, Yony Kifle
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1406 Madison Ave
Date
Details
Price
Change
Source
4/13/2026
Sold
$715,000
-7.98%
MLS
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.
1406 Madison Avenue, Baltimore, MD 21217 (MLS# MDBA2178710) is a Townhouse property that was sold at $715,000 on April 13, 2026. 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.

