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Sold for $760,000
  • $760,000

    2511 Madison Ave, Baltimore, MD 21217

    10beds
    4baths
    5,568sqft
    Townhouse
    Built in 1907
    -- sqft lot
    $765,500 Zestimate®
    $136/sqft
    $1,414 Estimated rent

    Home value

    $765,500

    $666,000 - $880,000

    $1,414/mo

    Zestimate® history
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    What's special

    3 unit multi-family building. one 4 bedroom/2 bathroom unit and 2- 3 Bedroom/1 Bath units | Fully Renovated, Lead Certified, Separately Metered 3-Unit Low-risk, low-maintenance asset with strong rentability from day one. Potential rental income $5100-$5500 per month. ● High-End Finishes, Hardwood Floors, and Soaring Ceilings — Attract quality tenants and reduce vacancy with standout unit interiors. ● Quick Access to MLK Blvd and 4 MLK Life Sciences Hub — Easy commuter access to major employment centers supports higher rent potential. ● Less Than half a Mile to Upcoming Reservoir Square — Future grocery, retail, and office will drive tenant demand and long-term appreciation. Each of the three thoughtfully designed apartments blends historic charm with modern updates. Soaring ceilings—some reaching up to 12 feet— hardwood and carpet floors run throughout, while oversized windows bring in plenty of natural light. Kitchens are equipped with ceramic tile, and full suites of energy-efficient appliances—including full-size gas ranges, refrigerators, dishwashers, and disposals. Apartment 1 spans four levels with two full baths and an open-concept main floor, offering a spacious layout that works beautifully for an owner-occupant. It is the largest unit at approximately 2700 square feet, features two full baths across four levels, a flexible basement floor room, and a finished basement with a wet bar—making it a standout choice for someone looking to live on-site while offsetting their mortgage. All units in this renovated Reservoir Hill multi-family are separately metered and outfitted with energy-efficient gas heat and central air conditioning for year-round comfort and cost savings. Laundry hookups are located in the each unit—adding even more utility savings for the landlord. Off-street parking is available. A savvy landlord could bill back for monthly water and sewer charges, increasing overall income. 2511 Madison sits less than a half mile from the future Reservoir Square development, a multi-phase mixed-use project that will introduce grocery-anchored retail, new commercial office space, and modern amenities to the heart of the neighborhood. Located on a quiet, tree-lined street in Reservoir Hill, the home is a quarter a mile from the newly reopened walking loop at Druid Lake—part of a once-in-a-generation underground tank project transforming the iconic reservoir into a fully recreational lake. Often referred to as Baltimore’s version of Central Park, Druid Hill Park will soon offer boating, walking trails, and expanded green space around a revitalized lakefront. Nearby institutions like the Maryland Institute College of Art (MICA) create steady demand for student and faculty housing. Residents also enjoy access to ball fields, the Baltimore Zoo, tennis courts, and wide-open parkland. For commuters and professionals, tenants can cut through Bolton Hill for a quick connection to MLK Boulevard, offering under-two-mile access to 4MLK—a brand new 250,000 square foot life sciences hub—and convenient routes to I-83, I-95, and BWI. With major public and private investment reshaping the area, Reservoir Hill offers a rare blend of historic charm and long-term growth potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Dove 443-928-4088,

    Options Real Estate Brokerage and Consulting

    Bought with:

    Jamillah Samuels, 670047

    Realty ONE Group Excellence

    Source: Bright MLS,MLS#: MDBA2183700MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Basement
    • Area: 1392
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Hookup, Has Laundry, Washer In Unit
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 5,568
    • Total interior livable area: 5,568 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,485 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0313083421 032
    • Zoning: R-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Brick/Mortar, Block
    Condition
    • Very Good
    • New construction: No
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Baltimore
    • Subdivision: Reservoir Hill

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/15/2025Sold$760,000$136/sqft
    Source: Bright MLS #MDBA2183700 Report a problem
    11/26/2025Pending sale$760,000$136/sqft
    Source: Bright MLS #MDBA2183700 Report a problem
    9/29/2025Listed for sale$760,000+859.6%$136/sqft
    Source: Bright MLS #MDBA2183700 Report a problem
    11/21/2000Sold$79,200-12%$14/sqft
    Source: Public Record Report a problem
    6/16/2000Sold$90,000-25%$16/sqft
    Source: Public Record Report a problem
    12/19/1995Sold$120,000$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $362,300 +6.4%
    2024$8,033 +6.9%$340,367 +6.9%
    2023$7,515 +7.4%$318,433 +7.4%
    2022$6,997 $296,500
    2021$6,997 $296,500
    2020$6,997 -5.7%$296,500 -5.7%
    2019$7,417 +2.8%$314,300 +2.8%
    2018$7,215 +2.9%$305,700 +2.9%
    2017$7,012 +49%$297,100 +3%
    2016$4,707 $288,500 +11.6%
    2015$4,707 $258,567 +13.1%
    2014$4,707 $228,633 +15.1%
    2013-- $198,700
    2012-- $198,700
    2011-- $198,700 -57%
    2010-- $461,820 +14.6%
    2009-- $403,076 +17.1%
    2008-- $344,333 +20.6%
    2007-- $285,590 +37.9%
    2006-- $207,092 +61%
    2005-- $128,596 +156.7%
    2004-- $50,100
    2003-- $50,100
    2002-- $50,100
    2001-- $50,100

    Find assessor info on the county website

    Neighborhood: Reservoir Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Baltimore City Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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