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Address

2902 N Loudon Avenue, Baltimore, MD

Listing Type

ACTIVE

Price

$ 229,900

Property Attributes

MLS#MDBA2234526
TypeSingle Family
Listing Status ACTIVE
CountyBALTIMORE CITY
CityBaltimore
NeighborhoodWindsor Hills
Zip21216
StyleTraditional
Year Built1923
Taxes$ 4980
Price$ 229,900
Bedrooms5
Full Bathrooms3
Half Bathrooms0
Sqr Footage2950
Lot Size0.14 Acres

Data Source:

Bright MLS

Property Description

**Three-Unit Multifamily Investment Property in Baltimore, MD Immediate Rental Income and Value-Add Potential!** Occupied unit is the one at the back of the house. All pics are of the two unoccupied units. Both need some work. Welcome to 2902 N Loudon Avenue, Baltimore, MD 21216, a three-unit multifamily investment property located in the Windsor Hills area of Baltimore City. Offered at $229,000, this income-producing property presents an opportunity for real estate investors seeking rental income, cash flow potential, and long-term appreciation through strategic improvements. The property features three residential units consisting of a 1-bedroom, 1-bathroom unit with an additional loft and two 2-bedroom, 1-bathroom units. One unit is currently occupied by a reliable, long-term tenant, while the remaining two units are vacant and offer opportunities to increase rental income without undertaking extensive renovations. The occupied 1-bedroom unit with loft currently generates $1,025 per month in rental income. The tenant has occupied the property for more than eight years, has a consistent payment history, and the unit is in good condition. The second unit offers two bedrooms and one full bathroom and requires minimal improvements to become rent-ready. The third unit also features two bedrooms and one full bathroom, with the primary improvement needed being a bathroom renovation along with routine turnover updates. For investors looking to expand their Baltimore rental property portfolio, the combination of existing rental income and two vacant units creates an opportunity to improve the property, secure additional tenants, and increase overall cash flow. The property's layout also offers flexibility for investors pursuing a buy-and-hold or value-add multifamily investment strategy. Additional highlights include off-street parking in the rear and a residential setting surrounded primarily by single-family homes. Conveniently located near Windsor Hills Park, Gwynns Falls/Leakin Park, shopping, restaurants, and public transportation, the property offers access to Downtown Baltimore, West Baltimore MARC, Mondawmin Metro, I-70, I-695, and I-95. Whether you're searching for a Baltimore multifamily property for sale, a three-unit rental investment, or an income-producing property with upside potential, 2902 N Loudon Avenue deserves your attention. **Offered at $229,000. Property is being sold strictly as-is. Schedule your private showing and explore the investment potential!**

Price History
10/12/2026	Listed $229,900

General Features

Living Area	2950
Sewer	Public Sewer
Heating	Radiator
Cooling	None
Possession	Settlement,Other
Roof	Architectural Shingle
Zoning	R-3
Architectural Style	Traditional
Construction Materials	Cedar
School District	BALTIMORE CITY PUBLIC SCHOOLS
Year Built	1923
Levels	3
Tax Year	2026
Ownership	Fee Simple
Cool Fuel	Electric
Section	04
Accessibility	None
County	BALTIMORE CITY
New Construction	No
Property Type	Residential
HOA	No
Subdivision Name	WINDSOR HILLS
Garage Y/N	No
Water Access Y/N	No
Other Structures	Above Grade,Below Grade
Full Baths	3
Status	ACTIVE
Directions	Use Waze or another GPS.
City	BALTIMORE
Senior Community Y/N	No
Lot Size Units	Square Feet
Lot Size Square Feet	6250.00
Tax Assessed Value	211000.0
Tax Annual Amount	4980.0
Home Warranty Y/N	No
Structure Type	Detached
Condo/Coop Association fee Y/N	No
Bathrooms Full Main Level	3
Bathrooms Count Main Level	3.00
Price Per Sq Ft Total AG	77.93
Acceptable Financing	Cash,Conventional,FHA 203(k),Private,Other
Vacation Rental Y/N	No
Total SQFT	4425
Standard Status	Active
Year Built Source	Assessor
Legal Subdivision	Ward 28
Tax Lot	011
Association Recreation Fee	No

Interior Features

Heating Fuel	Natural Gas
Basement	Unfinished
Hot Water	Electric
Total Stories	3
Basement (Y/N)	Yes
Heating Y/N	Yes
Above Grade Finished Area	2950
Central Air Y/N	No
Total Bedrooms	5
Main Level Bedrooms	5
Below Grade Finished Area Unit Type	Square Feet
LivingAreaSource	Assessor
Below Grade Unfin Area Units	Square Feet
Below Grade Unfin SQFT	1475
Below Grade Unfin SQFT Source	Assessor
Below Grade Finished Area Source	Assessor
Above Grade Finished Area Source	Assessor
Above Grade Finished Area Unit Type	Square Feet
Total Baths	3

Exterior Features

Pool	No Pool
Water Source	Public
Type of Parking	Driveway,On Street
Foundation Details	Block
Water View Y/N	No
Lot Size Acres	0.14
Lot Size Source	Assessor
Waterfront Y/N	No
Land Assessed Value	51200.00
Navigable Water Y/N	No
Water Oriented Y/N	No