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$760,000
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Property Description
3 unit multi-family building. one 4 bedroom/2 bathroom unit and 2- 3 Bedroom/1 Bath units | Fully Renovated, Lead Certified, Separately Metered 3-Unit Low-risk, low-maintenance asset with strong rentability from day one. Potential rental income $5100-$5500 per month. â— High-End Finishes, Hardwood Floors, and Soaring Ceilings - Attract quality tenants and reduce vacancy with standout unit interiors. â— Quick Access to MLK Blvd and 4 MLK Life Sciences Hub - Easy commuter access to major employment centers supports higher rent potential. â— Less Than half a Mile to Upcoming Reservoir Square - Future grocery, retail, and office will drive tenant demand and long-term appreciation. Each of the three thoughtfully designed apartments blends historic charm with modern updates. Soaring ceilings-some reaching up to 12 feet- hardwood and carpet floors run throughout, while oversized windows bring in plenty of natural light. Kitchens are equipped with ceramic tile, and full suites of energy-efficient appliances-including full-size gas ranges, refrigerators, dishwashers, and disposals. Apartment 1 spans four levels with two full baths and an open-concept main floor, offering a spacious layout that works beautifully for an owner-occupant. It is the largest unit at approximately 2700 square feet, features two full baths across four levels, a flexible basement floor room, and a finished basement with a wet bar-making it a standout choice for someone looking to live on-site while offsetting their mortgage. All units in this renovated Reservoir Hill multi-family are separately metered and outfitted with energy-efficient gas heat and central air conditioning for year-round comfort and cost savings. Laundry hookups are located in the each unit-adding even more utility savings for the landlord. Off-street parking is available. A savvy landlord could bill back for monthly water and sewer charges, increasing overall income. 2511 Madison sits less than a half mile from the future Reservoir Square development, a multi-phase mixed-use project that will introduce grocery-anchored retail, new commercial office space, and modern amenities to the heart of the neighborhood. Located on a quiet, tree-lined street in Reservoir Hill, the home is a quarter a mile from the newly reopened walking loop at Druid Lake-part of a once-in-a-generation underground tank project transforming the iconic reservoir into a fully recreational lake. Often referred to as Baltimore's version of Central Park, Druid Hill Park will soon offer boating, walking trails, and expanded green space around a revitalized lakefront. Nearby institutions like the Maryland Institute College of Art (MICA) create steady demand for student and faculty housing. Residents also enjoy access to ball fields, the Baltimore Zoo, tennis courts, and wide-open parkland. For commuters and professionals, tenants can cut through Bolton Hill for a quick connection to MLK Boulevard, offering under-two-mile access to 4MLK-a brand new 250,000 square foot life sciences hub-and convenient routes to I-83, I-95, and BWI. With major public and private investment reshaping the area, Reservoir Hill offers a rare blend of historic charm and long-term growth potential.
Full Property Details
Full Property Details for 2511 Madison Ave
General
- Sold For: $760,000
- Taxes: $8,033 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2183700
- Added to Site: 113 day(s) ago
Rooms
Other Rooms
- Laundry: Hookup, Has Laundry, Washer In Unit
Parking
- Parking Type: Driveway, On Street
Location
- County: BALTIMORE CITY
- Subdivision: RESERVOIR HILL
- Driving Directions: Druid Park Lake Drive To Madison Ave
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar, Block
- Stories Description: Main
- Square Feet: 5,568
- Sq. Ft. Source: Estimated
- Living Area: 5,568 Sq. Ft.
- Finished Above Grnd: 4,176 Sq. Ft.
- Finished Below Grnd: 1,392 Sq. Ft.
- Year Built: 1907
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size Source: Estimated
- Zoning: R-7
Financial Considerations
- Price Per Sq. Ft.: $181.99
- County Tax: $381
- County Tax Freq: Annually
- Tax w/Assessment: $362,300
- Tax Amount: $8,033
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Section: 8
- Lot Number: 32
Listed by Options Real Estate Brokerage and Consulting, Gary A Dove
Sold by Realty ONE Group Excellence, Jamillah T Samuels
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Schools
Schools serving 2511 Madison Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
John Eager Howard Elementary School 2011 Linden Avenue, Baltimore, MD 21217 | PK-5 | 0.4 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.9 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 0.8 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 1.2 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1.6 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 2.5 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 3 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 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 2511 Madison Ave
Date
Details
Price
Change
Source
12/15/2025
Sold
$760,000
—
MLS
9/24/2025
Listed
$760,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2511 Madison Avenue, Baltimore, MD 21217 (MLS# MDBA2183700) is a Townhouse property that was sold at $760,000 on December 15, 2025. Want to learn more about 2511 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.

