2920 Parkwood Ave, BALTIMORE, MD

$284,500

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2,505

Square feet

0.04

Acres

About 2920 Parkwood Ave

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!

Features of 2920 Parkwood Ave

MLS® # MDBA2220346
Price $284,500
Bathrooms 0.00
Square Footage 2,505
Acres 0.04
Year Built 1920
Type Multi-Family
Sub-Type Triplex,End of Row/Townhouse
Style Victorian
Status Active

Community Information

Address 2920 Parkwood Ave
Subdivision DRUID HEIGHTS
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21217

Amenities

Is Waterfront No

Interior

Heating 90% Forced Air
Cooling Central A/C
Has Basement Yes
Basement Sump Pump, Unfinished
Fireplace No
# of Stories 4

Exterior

Exterior Brick
Construction Brick
Foundation Slab

School Information

District BALTIMORE CITY PUBLIC SCHOOLS

Additional Information

Date Listed July 2nd, 2026
Days on Market 72
Zoning R-8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Capital Properties

Listing Map

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