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$795,000
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Property Description
Exceptional opportunity to acquire an 73% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors and within a mile of the hottest (because of the State's multi-million dollar investment in the Pimlico race track) commercial sector of Park Heights. Situated along highly traveled W. Northern Parkway with approximately 33,885 vehicles passing daily, this well-maintained asset offers an attractive blend of stable commercial tenancy and residential income. Outstanding visibility from Northern Parkway and great signage opportunities. This property is also listed for lease as we fill a recent office vacancy. The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five units, including three professional office suites on the main level and two renovated apartments (one 1-bedroom and one 2-bedroom). The diverse tenant mix provides dependable cash flow while reducing vacancy risk and presents itself perfectly for some value-add by providing the opportunity to create 4 more second floor residential apts. The residential units have been completely remodeled, while the building has been well maintained with numerous capital improvements. Strategically located between Reisterstown Road and Park Heights Avenue, the property benefits from outstanding visibility, convenient access, and strong neighborhood demographics. The site includes 18 surface parking spaces, providing ample parking for office tenants, residents, and visitors. Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a stable, turnkey asset with long-term upside, this property offers an exceptional combination of location, occupancy, and diversified income. Property Highlights: 73% leased mixed-use investment Five total units: three professional offices and two apartments Approximately 6,200 SF of leasable area Two completely renovated residential units Strong daily traffic count of approximately 33,885 vehicles Excellent visibility on W. Northern Parkway Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes 18 on-site surface parking spaces Professionally maintained building with recent capital improvements Ideal opportunity for investors seeking stable cash flow with future appreciation potential
Full Property Details
Full Property Details for 4000 W Northern Pkwy
General
- Price: $795,000
- Taxes: $8,558 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2221446
- Updated: 7/15/2026
- Added to Site: 18 day(s) ago
Business
- Business Type: Apartment Building, Medical, Professional, Hair Salon
Interior
- Flooring: Carpet
Parking
- Total Spaces: 18
- Parking Features: Paved Parking, Unassigned, Surface, Private
- Parking Type: Parking Lot
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: From I-695 (Baltimore Beltway), take Exit 18A for MD-26/Liberty Road East toward Baltimore. Continue onto Liberty Heights Avenue for approximately 2.5 miles, then turn right onto W. Northern Parkway. The property is located on the right at 4000 W. Northern Parkway, Baltimore, MD 21215.
- Location Details: Business District
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Asbestos Shingle
- Entry Floor Number: 1
- Stories/Levels: 3
- Building Size: 6742
- Year Built: 1970
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Street/Road Desc.: Paved
- Fence: Yes
- Zoning: R-5
- Lot Description: Cleared, Corner, Sloping
Financial Considerations
- Price Per Sq. Ft.: $117.92
- For Lease: Yes
- Assessment Year: 2026
- City/TownTax: $8,152
- City/TownTax Freq: Annually
- County Tax: $406
- County Tax Freq: Annually
- Tax w/Assessment: $366,767
- Tax Amount: $8,558
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Lot Number: 34
Listed by Keller Williams Flagship, Sam M Tanner
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Schools
Schools serving 4000 W Northern Pkwy
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Cross Country Elementary School 6900 Park Heights Avenue, Baltimore, MD 21215 | PK-8 | 1.3 mi |
Connexions Community Leadership Academy 2801 North Dukeland Street, Baltimore, MD 21216 | 6-12 | 2.7 mi |
K.A.S.A. (Knowledge And Success Academy) 2000 Edgewood Street, Baltimore, MD 21216 | 6-12 | 2.8 mi |
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211 | 6-12 | 3.1 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 1.2 mi |
Northwestern High School, Baltimore, MD 6900 Park Heights Avenue, Baltimore, MD 21215 | 9-12 | 1.3 mi |
Baltimore Polytechnic Institute 1400 West Cold Spring Lane, Baltimore, MD 21209 | 9-12 | 2.5 mi |
Green Street Academy 125 North Hilton Street, Baltimore, MD 21229 | 6-12 | 4.4 mi |
Bluford Drew Jemison Stem Academy West 1500 Harlem Avenue, Baltimore, MD 21217 | 6-12 | 4.5 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 4000 W Northern Pkwy
Date
Details
Price
Change
Source
6/29/2026
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4000 W Northern Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,517
1%
$362,633
1%
2023
$8,461
—
$358,500
—
2022
$8,461
-15%
$358,500
-15%
2021
$9,976
4%
$422,700
4%
2021
$9,617
4%
$407,500
4%
2020
$9,214
4%
$392,300
4%
2019
$8,900
10%
$377,100
10%
2018
$8,124
11%
$344,233
11%
2017
$7,348
12%
$311,367
12%
2016
$6,541
—
$278,500
—
2015
$6,562
-1%
$278,067
—
2013
$6,597
—
$277,200
—
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 4000 W Northern Pkwy
4000 W Northern Parkway, Baltimore, MD 21215 (MLS# MDBA2221446) is a Apartment property. 4000 W Northern Parkway is currently listed for $795,000 and was received on June 29, 2026. Want to learn more about 4000 W Northern Parkway? Do you have questions about finding other Apartment real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

