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$280,000
Monthly Est:$1,394
-- Bed
- -- Bath
2,505sqft
2920 Parkwood Ave, Baltimore, MD 21217
$280,000
$1,394/moEst:
Get Pre-Approved
Townhouse
Built in 1920
$-- HOA
1,742.4 sqft lot
$112/sq.ft
Description
Turnkey Multi-Family Investment Opportunity – Currently Grossing $3,000/Month! Fully Occupied.
Don't miss this exceptional income-producing opportunity at 2920 Parkwood Ave., Baltimore, MD 21217. Located in the rapidly revitalizing Druid Heights neighborhood, this legally zoned 3-unit brick multi-family property is a turnkey investment with strong cash-flow potential. Whether you're looking to expand your rental portfolio, live in one unit while renting the others, or capitalize on Baltimore's growing rental market, this property checks all the boxes.
The property features three separately configured units, including a cozy efficiency with a full bath, plus two spacious 1-bedroom, 1-bath apartments. With projected gross rental income of over $3,000 per month, this property offers immediate income potential and an attractive return for both seasoned and first-time investors.
Additional highlights include a large unfinished basement offering abundant storage or future value-add possibilities, a private fenced backyard, and alley access with off-street parking—a highly desirable feature for tenants in the city.
Perfectly positioned just minutes from Druid Hill Park, tenants will enjoy walking access to the Maryland Zoo, Howard P. Rawlings Conservatory & Botanic Gardens, and the scenic Druid Hill Reservoir. Convenient access to public transportation, major commuter routes, downtown Baltimore, universities, hospitals, and neighborhood amenities further enhances the property's long-term rental appeal.
With strong income potential, a desirable location, and room for future appreciation, 2920 Parkwood Ave. is a rare opportunity to acquire a cash-flowing, turnkey multi-family asset in one of Baltimore's emerging investment corridors. Schedule your showing today and add this high-performing property to your portfolio before it's gone!
- Houzeo last checked: 12 hours ago
- Listing updated: October 12, 2026 at 4:09 pm
- Listing Provided by: Sanford Booth II (240) 515-7500 | Keller Williams Capital Properties (202) 243-7700
- Source: Bright MLS-NJ | MLS#: MDBA2220346

Property Details
Status
Active
Type
Townhouse
No. of Stories
4
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
2,505 sqft
Lot Size
1,742.4 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDBA2220346
MLS Status
ACTIVE-BRIGHT
Days on Market
103

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Engineered Wood
Sewer
Public Sewer
Heating
90% Forced Air
Cooling
Central A/c
Construction
Year Built
Year Built: 1920
Home type
Townhouse
Foundation Details
Slab
Architectural Style
Victorian
Property Condition
Very Good, Good
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Basement
Sump Pump, Unfinished
Other Features
Subdivision Name
Druid Heights
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Price Decreased | $280,000 -1.41% $112/sqft |
09/20/2026 Source: | Price Decreased | $284,000 -0.18% $113/sqft |
08/21/2026 Source: | Price Decreased | $284,500 -0.18% $114/sqft |
07/02/2026 Source: | Listed for Sale | $285,000 +9.62% $114/sqft |
10/05/2025 Source: | Sold | $260,000 $104/sqft |
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Based on information from Bright MLS through Nov 02, 2026, 02:00PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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