3603 W FOREST PARK AVENUE, BALTIMORE, MD 21216
BALTIMORE CITY County
Key Facts
Description
Turnkey, income-producing 3-unit property—fully leased and renovated—offering strong cash flow with upside potential. The first-floor unit is a spacious 3-bedroom, 1-bath residence (1,516 sq ft) currently generating $1,275/month. The second level features two 2-bedroom, 1-bath apartments: Unit 2A (750 sq ft) at $1,065/month and Unit 2B (798 sq ft) at $992/month. Total current monthly income is $3,332, with opportunity for future income growth. Completely renovated in 2019, the property includes updated systems throughout—HVAC, hot water heaters, and common laundry in the basement. Each unit offers modernized kitchens and baths along with updated flooring, providing a clean, attractive living environment for tenants. An excellent opportunity for investors seeking a stable asset with immediate income and room for growth. With an accepted offer and proof of funds, documentation including tenant leases, lead certifications, and year-to-date rent roll will be provided. Mortgage savings may be available for buyers of this listing.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Structure Type
House
Year Built
1920
Living Area
4,774 sq ft
Lot Size
0.13 acres
Zoning
RESIDENTIAL
Days on Market
67
MLS® Listing#
MDBA2211906
Property Features
- Exterior:
- Awning(s)
- Appliances:
- Electric Water Heater
- Cooling:
- Central Air, Electric
- Heating:
- Natural Gas, Central
- Pool:
- None
- Parking:
- On Street
- Construction:
- Frame
- Foundation:
- Permanent
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- BALTIMORE CITY PUBLIC SCHOOLS
HOA & Tax
- Annual Tax:
- $7,165 (2025)
- Assessed Value:
- $306,700
- Parcel #:
- 0315262903 005D
Directions
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Affordability Calculator
$74,980
Estimated monthly payment
$1,995/mo
Principal $299,920 · Est. interest $418,415 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in BALTIMORE, MD
- $229,853
- Median Listing Price
- 58
- Median Days on Market
- 1,485
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 3,394
- Active Listings
- This home’s price is 63% above the area median.
- Its price per sq ft is 51% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.
Location
- 3603 W FOREST PARK AVENUE, BALTIMORE, MD 21216
Nearby Schools
Nsoroma Academy
School · 0.2 mi away
Liberty Elementary School
Elementary · 0.4 mi away
Hilton Elementary School
Elementary · 0.4 mi away
Windsor Hills Elementary School
Elementary · 0.6 mi away
Garrison Middle
School · 0.6 mi away
Dr. Nathan A. Pitts-Ashburton Elementary Middle School
Elementary · 0.7 mi away
Callaway Elementary School
Elementary · 0.8 mi away
Forest Park High School
Secondary · 0.8 mi away
Bard High School Early College Baltimore
Secondary School · 0.8 mi away
Creative City Public Charter School
Elementary · 0.9 mi away
George W F McMechen
School · 0.9 mi away
Baltimore Junior Academy
Elementary · 0.9 mi away
Calvin M Rodwell Elementary School
Elementary · 1.0 mi away
Gwynns Falls Elementary School
Elementary · 1.0 mi away
Walbrook High School
Secondary · 1.0 mi away
Edgewood Elementary School
Elementary · 1.1 mi away
Langston Hughes Elementary School
Elementary · 1.2 mi away
St Ambrose Catholic School
Secondary · 1.3 mi away
Coppin Academy High School
Secondary · 1.3 mi away
Kennedy Krieger High School
Secondary · 1.4 mi away
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EXIT Agents in BALTIMORE
Listing Courtesy: Redfin Corp - 3016586186