Movoto Real Estate
Sold on 01/23/2024

3516 Springdale Ave, Baltimore, MD 21216

$403,500

Last sold 01/23/2024 for $240K

  • —

    bed

  • —

    bath

  • 2,826

    Sqft ($85/Sqft)

Multi-family not for sale

About 3516 Springdale Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
ATTENTION BUY AND HOLD INVESTORS!! Welcome to 3516 Springdale Avenue, a prime three-unit rental property nestled in the heart of Baltimore, offering a lucrative opportunity for savvy buy-and-hold investors. This strategically located investment property presents a compelling proposition with its mix of two currently occupied units and one vacant unit awaiting your personalized touch. The property has immediate income generation. The two occupied units contribute to a steady cash flow, while the third unit offers an excellent canvas for enhancement, allowing investors to increase the property's overall value. Situated in a vibrant neighborhood, 3516 Springdale Avenue enjoys proximity to local amenities, schools, and public transportation, making it an attractive option for tenants seeking convenience and accessibility. The property's location also enhances its potential for long-term appreciation, adding an extra layer of value for investors looking for sustained growth. As the real estate market in Baltimore continues to show promise, this three-unit rental property stands out as an exceptional investment opportunity. With a mix of existing income and the potential for increased returns through strategic improvements, 3516 Springdale Avenue is a solid foundation for a robust and diversified investment portfolio.
Listed by
Listing Agent - Sheri Smith
Listing Office - EXP Realty, LLC
Source: Bright MLS mls logo
MLS#MDBA2108144 • last updated 2 years ago
Movoto checked Bright MLS for data 8 minutes ago
Overview
Cooling/AC None, Other
Heating Natural Gas
Levels/Style Other
Type Multi-Family
SubType Other
Status Closed
SqFt 4189
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
County Tax 215, Annually
City/ Town Tax 4311
Tax: Assessed Value 227500
Annual Property Tax 4526
Year Built 1910
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Other
Appliances Oven/Range - Gas, Refrigerator
Interior Features Entry Level Bedroom, Window Treatments, Wood Floors
Accessibility Features None
Exterior
Construction Frame
Garage Desc Other
# Garage Spaces 3
# Parking Spaces 3
# Detached Garage Spaces 3
Parking Desc Detached Garage
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision FOREST PARK
Water Source None
School District BALTIMORE CITY PUBLIC SCHOOLS
Zoning RESIDENTIAL
Multifamily Details
# 2-Bedroom Units 2
# 3-Bedroom Units 1
$403K
Range: $355K-$451K
Last 30 days 
Rental est.: $570/month
Gross rent multiplier: 35.1
  • Nov 2024
    mls logo MLS # MDBA2141566
  • Nov 10, 2024 Listed
    —
  • Oct 30, 2024 Active
    —
  • Oct 1, 2024 Listed
    $420,000 (+75.0%)
  • Mar 2024
    Public Records
  • Mar 28, 2024 Sold
    $240,000
  • Jan 2024
    mls logo MLS # MDBA2108144
  • Jan 23, 2024 Sold
    —
  • Jan 9, 2024 Pending
    —
  • Jan 9, 2024 Sold
    $240,000 (-14.3%)
  • Dec 21, 2023 Pending
    —
  • Dec 11, 2023 Listed
    $280,000 (+43.6%)
  • Apr 2005
    Public Records
  • Apr 21, 2005 Sold
    $195,000
  • Year Property taxes Tax assessment
  • 2023
    $4,526 +10.3%
    $227,500 +30.82%
  • 2022
    $4,104
    $173,900
  • 2021
    $4,104 -1.4%
    $173,900 -1.42%
  • 2018
    $4,163
    $176,400
  • 2017
    $4,163 -3.3%
    $176,400 -7.16%
  • 2011
    $4,306
    $190,000
  • 3516 Springdale Ave
    $240K
  • Forest Park
    $327K +10% y/y
  • 21216
    $145K -9% y/y
  • Baltimore
    $214K -4% y/y
No chart available
Statistics calculated by Movoto

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2/10
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Source: GreatSchools.org © 2026. All rights reserved.

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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: 11/3/2026. 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.
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