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$4,300,000 Just Listed

  • For Sale
  • Active
  • Apartment
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Rare opportunity to acquire a substantial multifamily investment property in the heart of historic Mount Vernon. 700 Park Avenue offers the compelling combination of strong in-place income, high occupancy, and significant value-add potential. Current rents remain well below their long-term potential, creating substantial upside through rent optimization, natural turnover, and strategic unit improvements while maintaining existing cash flow. Ideally positioned in one of Baltimore's most established and architecturally significant neighborhoods, the property offers convenient access to Downtown Baltimore, major universities, hospitals, employment centers, cultural institutions, dining, and transportation. An exceptional opportunity to acquire meaningful scale in Mount Vernon with immediate income and considerable long-term rental and NOI growth potential. Offered as-is.

Full Property Details for 700 Park Ave

General

  • Price: $4,300,000
  • Taxes: $43,846 (2026)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDBA2230448
  • Updated: 9/10/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Parking Type: None

Location

  • County: BALTIMORE CITY
  • Driving Directions: From Penn Station Head south on N Charles Street toward East Lanvale Street.Turn left at the first cross street onto East Lanvale Street.Turn right onto the East Coast Greenway/St Paul Street.Follow St Paul Street south for about 0.6 miles, then turn right onto East Madison Street.Continue straight on East Madison Street for three blocks, then turn left onto Park Avenue. 700 Park Ave will be on your right.
  • Location Details: Downtown
  • Historic District: Yes
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: No Septic System
  • Water: Public

Structural Information

  • Architect: GLIDDEN
  • Construction: Stone, Brick
  • Elevator(s ): 1
  • Building Size: 26032
  • Year Built: 1905
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,254
  • Lot Size Source: Estimated
  • Zoning: OR-2

Financial Considerations

  • Price Per Sq. Ft.: $165.18
  • Tax w/Assessment: $1,873,033
  • Tax Amount: $43,846
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 700 Park Ave —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 700 Park Ave

School District:Baltimore City Public Schools
NameGradesDistance
The Historic Samuel Coleridge-Taylor Elementary School
507 West Preston Street, Baltimore, MD 21201
PK-50.3 mi
Baltimore Leadership School For Young Women
128 West Franklin Street, Baltimore, MD 21201
6-120.2 mi
Booker T. Washington Middle School
1301 McCulloh Street, Baltimore, MD 21217
6-80.7 mi
Baltimore Design School
1500 Barclay Street, Baltimore, MD 21202
6-100.8 mi
Baltimore School For The Arts
712 Cathedral Street, Baltimore, MD 21201
9-120.1 mi
Renaissance Academy
1301 McCulloh Street, Baltimore, MD 21217
9-120.7 mi
Paul Laurence Dunbar High School
1400 Orleans Street, Baltimore, MD 21231
9-121.1 mi
National Academy Foundation
540 North Caroline Street, Baltimore, MD 21205
6-121.1 mi
Bluford Drew Jemison Stem Academy West
1500 Harlem Avenue, Baltimore, MD 21217
6-121.2 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 700 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/10/2026
Listed
$4,300,000
1203.07%
MLS
9/14/2022
Sold
$329,990
—
Public Record
Get Price Alerts and Save Property
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 for 700 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$43,638
3%
$1,857,900
2%
2023
$42,531
—
$1,830,033
2%
2023
$42,531
2%
$1,802,167
2%
2022
$41,873
2%
$1,774,300
2%
2021
$41,070
2%
$1,740,233
2%
2021
$40,266
3%
$1,706,167
2%
2020
$39,274
11%
$1,672,100
11%
2019
$35,461
13%
$1,502,600
13%
2018
$31,461
15%
$1,333,100
15%
2017
$27,461
1%
$1,163,600
—
2016
$27,313
—
$1,162,867
—
2015
$27,426
-1%
$1,162,133
—
2013
$27,641
—
$1,161,400
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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700 Park Avenue, Baltimore, MD 21201 (MLS# MDBA2230448) is a Apartment property. 700 Park Avenue is currently listed for $4,300,000 and was received on September 10, 2026. This property is listed by Nicholas Dunstan from our Global Luxury Georgetown Office.Want to learn more about 700 Park Avenue? 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.

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