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$255,000
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Property Description
Fully tenant-occupied mixed-use property located in the vibrant Waverly neighborhood of Baltimore City. This two-unit building features a ground-level commercial space and a second-floor residential unit, offering immediate cash flow. Investment Highlights: "¢ Current Monthly Income: $2,715 "¢ Annual Gross Income: $32,580 "¢ Two-unit mixed-use: 1 retail + 1 residential "¢ Separately metered electric Main Level - Commercial Space ($1,800/month): Secured under a 5-year lease (Nov 2025 - Oct 2030) with tenant responsible for utilities per lease terms. Features include a storefront with large glass display windows, laminate wood flooring in the lobby, and a flexible layout with retail area, storage room, open workspace, and mudroom. Kitchenette includes sink and refrigerator, plus a half bath. Lower Level: Full unfinished basement divided into two open areas, ideal for storage or utility use. Includes sump pump, gas water heater, forced hot air system, and two electrical panels. Second Floor - Residential Unit ($915/month | Section 8): Long-term tenant in place. One-bedroom, one-bath unit with private entrance. Carpeted living and bedroom areas, tile kitchen flooring, and forced hot air heat. Tenant pays BGE; landlord covers water. Exterior Features: Fenced backyard and A/C condenser unit. A solid investment opportunity offering dependable rental income with both commercial and residential components in an established Baltimore neighborhood.
Full Property Details
Full Property Details for 3409 Greenmount Ave
General
- Price: $255,000
- Taxes: $5,775 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2212108
- Updated: 7/15/2026
- Added to Site: 157 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Corner of Greenmount and Calvin Ave.
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Building Size: 2726
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,787
- Lot Size Source: Assessor
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $93.54
- Assessment Year: 2026
- City/TownTax: $5,501
- City/TownTax Freq: Annually
- County Tax: $274
- County Tax Freq: Annually
- Tax w/Assessment: $223,200
- Tax Amount: $5,775
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 5
Listed by Alex Cooper Auctioneers, Inc., Larry E Cooper
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Schools
Schools serving 3409 Greenmount Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Waverly Elementary School, Baltimore, MD 3400 Ellerslie Avenue, Baltimore, MD 21218 | PK-8 | 0.2 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 0.7 mi |
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211 | 6-12 | 1.5 mi |
Baltimore Design School 1500 Barclay Street, Baltimore, MD 21202 | 6-10 | 1.6 mi |
Baltimore City College 3220 The Alameda, Baltimore, MD 21218 | 9-12 | 0.7 mi |
Mergenthaler Vocational-Technical High School 3500 Hillen Road, Baltimore, MD 21218 | 9-12 | 1 mi |
The Reach! Partnership School 2555 Harford Road, Baltimore, MD 21218 | 8-12 | 1.2 mi |
Baltimore I.T. Academy 900 Woodbourne Avenue, Baltimore, MD 21212 | 6-8 | 1.8 mi |
Afya Public Charter Middle School 2800 Brendan Avenue, Baltimore, MD 21213 | 6-8 | 2 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 3409 Greenmount Ave
Date
Details
Price
Change
Source
7/15/2026
Price Increased
$255,000
70%
MLS
4/23/2026
Listed
$150,000
-42.24%
MLS
4/28/2022
Sold
$259,700
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3409 Greenmount Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,747
69%
$244,700
26%
2023
$3,409
—
$194,567
35%
2023
$3,409
53%
$144,433
53%
2022
$2,225
1%
$94,300
1%
2021
$2,194
1%
$92,967
1%
2021
$2,163
2%
$91,633
1%
2020
$2,121
5%
$90,300
6%
2019
$2,015
6%
$85,400
6%
2018
$1,900
7%
$80,500
6%
2017
$1,784
4%
$75,600
4%
2016
$1,712
3%
$72,900
4%
2015
$1,657
3%
$70,200
4%
2013
$1,606
—
$67,500
—
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 3409 Greenmount Ave
3409 Greenmount Avenue, Baltimore, MD 21218 (MLS# MDBA2212108) is a Retail property. 3409 Greenmount Avenue is currently listed for $255,000 and was received on April 23, 2026. Want to learn more about 3409 Greenmount Avenue? Do you have questions about finding other Retail real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

