Movoto Real Estate
Sold on 12/15/2025
  • Exterior
  • Entry Way
  • Living
  • Kitchen
  • Bath
  • Other
  • Bedroom

2511 Madison Ave, Baltimore, MD 21217

  • $760,000

    Last sold 12/15/2025 after 82 Days

  • bed

  • bath

  • 5,568

    Sqft ($136/Sqft)

Multi-family not for sale
29 homes bought nearby with Movoto recently

About 2511 Madison Ave

Property type Multi-family
Neighborhood
Year built 1907
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Gary A Dove
Listing Office - Options Real Estate Brokerage and Consulting
Source: Bright MLS mls logo
MLS#MDBA2183700 • last updated 8 months ago
Movoto checked Bright MLS for data 2 minutes ago
Overview
Cooling/AC Central A/C, Electric
Heating Natural Gas
Levels/Style Other
Type Multi-Family
Virtual Tour N/A
SubType Triplex
Status Closed
SqFt 5568
Lot Size (SqFt) 3485
Lot Size (Acres) 0.08
County Tax 381, Annually
Tax: Assessed Value 362300
Annual Property Tax 8033
Year Built 1907
Condition Very Good
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full
Accessibility Features None
Exterior
Construction Brick
Parking Desc Driveway, On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision RESERVOIR HILL
Water Source Public
School District Baltimore City Public Schools
Directions Druid Park Lake Drive To Madison Ave
Zoning R-7
Multifamily Details
# 3-Bedroom Units 2
$756K
Range: $635K-$876K
Last 30 days 
Rental est.: $560/month
Gross rent multiplier: 113.1
  • Feb 2026
    Public Records
  • Feb 2, 2026 Sold
    $760,000
  • Dec 2025
    mls logo MLS # MDBA2183700
  • Dec 16, 2025 Sold
    $760,000
  • Nov 25, 2025 Pending
  • Sep 24, 2025 Listed
    $760,000
  • Year Property taxes Tax assessment
  • 2023
    $7,515 +7.4%
    $362,300 +22.19%
  • 2022
    $6,997
    $296,500
  • 2021
    $6,997 -3.0%
    $296,500 -5.66%
  • 2018
    $7,215 +2.9%
    $314,300 +5.79%
  • 2017
    $7,012 +49.0%
    $297,100 +2.98%
  • 2011
    $4,707
    $288,500
  • 2511 Madison Ave
    $760K
  • Reservoir Hill
    $350K +7% y/y
  • 21217
    $125K -21% y/y
  • Baltimore
    $205K -8% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
2/10
4/10
1/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Reservoir Hill

Explore everything this neighborhood has to offer. Learn more about Reservoir Hill.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Baltimore, MD

Nearby homes for sale in Baltimore, MD

Newest listings in 21217

  • Real Estate
  • MD
  • Baltimore City County
  • Baltimore
  • 21217
  • Reservoir Hill
  • 2511 Madison Ave
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by BRIGHT MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
© 2026 BRIGHT, All Rights Reserved
Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 8/27/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.