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$2,000,000
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Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, July 25th and ends Thursday, July 30, 2026 at 12:00 PM. GUIDED TOURS: WEDNESDAY, JULY 15th STARTING AT 10:30AM and TUESDAY, JULY 28th STARTING AT 12:00PM. Rare opportunity to acquire The Embassy Apartments, a well-established mixed-use asset located in Baltimore's desirable Glen neighborhood. This income-producing property consists of 32 residential apartments and 15 office suites, offering a diversified revenue stream and long-term investment stability. The commercial component is fully occupied, with all 15 office suites leased, providing consistent cash flow from an established tenant base. The residential portion features 32 apartment units, 29 of which are currently occupied, presenting immediate income with additional upside through lease-up of the remaining vacancies. Strategically positioned along Clarks Lane with convenient access to major transportation routes, employment centers, retail amenities, and neighborhood services, The Embassy Apartments offers investors the opportunity to acquire a stabilized mixed-use property with existing cash flow and future value-add potential. Unit Mix: 6 - 1 Bedroom 1 Bath Units 22 - 2 Bedroom 2 Bath Units 4 - 3 Bedroom 2 Bath Units **Scheduled Gross Monthly Rent of $49,100** **Scheduled Gross Annual Rent of $589,200** **Potential Gross Monthly Rent of $54,000** **Potential Gross Annual Rent of $648,000** Projected Annual Expenses: Taxes (7/1/26-6/30/27) $69,834 Gas & Electric (Per 2024 Expenses) $43,896 Water (Per Recent Bills) $42,469 Trash Removal "To come" Licenses (Estimated at $50/Unit) $2,400 The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.
Full Property Details
Full Property Details for 3809 Clarks Ln
General
- Price: $2,000,000
- Taxes: $69,137 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2221480
- Updated: 6/29/2026
- Added to Site: 12 day(s) ago
Business
- Business Type: Apartment Building, Other
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Corner of Clarks Ln and Gist Ave
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Other
- Cooling Fuel: Electric
- Heating Type: Other, Forced Air
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Other
- Year Built: 1960
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,764
- Lot Size Source: Assessor
- Zoning: R-5
Financial Considerations
- Assessment Year: 2026
- City/TownTax: $65,856
- City/TownTax Freq: Annually
- County Tax: $3,281
- County Tax Freq: Annually
- Tax w/Assessment: $2,959,067
- Tax Amount: $69,137
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 18
Listed by Alex Cooper Auctioneers, Inc., Matthew S Cooper
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Schools
Schools serving 3809 Clarks Ln
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Fallstaff Elementary School 3801 Fallstaff Road, Baltimore, MD 21215 | PK-8 | 0.2 mi |
Connexions Community Leadership Academy 2801 North Dukeland Street, Baltimore, MD 21216 | 6-12 | 3.6 mi |
K.A.S.A. (Knowledge And Success Academy) 2000 Edgewood Street, Baltimore, MD 21216 | 6-12 | 3.7 mi |
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211 | 6-12 | 4 mi |
Northwestern High School, Baltimore, MD 6900 Park Heights Avenue, Baltimore, MD 21215 | 9-12 | 0.4 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 2 mi |
Baltimore Polytechnic Institute 1400 West Cold Spring Lane, Baltimore, MD 21209 | 9-12 | 3.3 mi |
Green Street Academy 125 North Hilton Street, Baltimore, MD 21229 | 6-12 | 5.2 mi |
Bluford Drew Jemison Stem Academy West 1500 Harlem Avenue, Baltimore, MD 21217 | 6-12 | 5.4 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 3809 Clarks Ln
Date
Details
Price
Change
Source
6/29/2026
Listed
$2,000,000
25%
MLS
6/29/2012
Sold
$1,600,000
—
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 3809 Clarks Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$68,808
1%
$2,929,533
1%
2023
$68,440
-21%
$2,900,000
-21%
2022
$86,621
6%
$3,670,400
6%
2021
$81,531
19%
$3,454,700
19%
2021
$68,269
25%
$2,892,767
24%
2020
$54,746
31%
$2,330,833
32%
2019
$41,746
5%
$1,768,900
5%
2018
$39,867
5%
$1,689,267
5%
2017
$37,987
6%
$1,609,633
5%
2016
$35,936
—
$1,530,000
—
2015
$36,108
-14%
$1,530,000
-13%
2013
$42,014
—
$1,765,300
—
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 3809 Clarks Ln
3809 Clarks Lane, Baltimore, MD 21215 (MLS# MDBA2221480) is a Apartment property. 3809 Clarks Lane is currently listed for $2,000,000 and was received on June 29, 2026. Want to learn more about 3809 Clarks Lane? Do you have questions about finding other Apartment real estate for sale in Cold Spring? You can browse all Cold Spring real estate or contact a Coldwell Banker agent to request more information.

