Investor Special – Triplex Opportunity! Bring your vision to 3748 Old York Road, Baltimore, MD! This three-unit multifamily property is ready for a complete renovation and offers incredible value-add potential for investors, developers, or savvy buyers looking to build equity. Sold strictly AS-IS, this property presents the opportunity to restore and maximize its income-producing potential. Ideally located near Johns Hopkins University, Morgan State University, MedStar Union Memorial Hospital, The Johns Hopkins Hospital, and Johns Hopkins Bayview Medical Center, this property is also minutes from the Waverly Farmers Market, Clifton Park, York Road shopping and dining, Penn Station, Downtown Baltimore, and the Inner Harbor. Its convenient location near major employers, universities, and commuter routes makes it an attractive investment with strong rental potential. Sale may be subject to third-party approval, including the possibility of a short sale. All individuals entering the property do so at their own risk due to the property’s condition. Buyer is responsible for independently verifying all tax information, square footage, zoning, and other property information. Excellent opportunity to renovate and add to your investment portfolio! Please note, main photo is an AI enhanced photo of the homes potential.
Waverly, located between Greenmount Avenue and York Road, is a residential and commercial Baltimore neighborhood with a classic rowhouse streetscape and a market-day buzz. The neighborhood’s character concentrates around the 32nd Street corridor by Waverly Main Street, where produce stands, corner carryouts, and small storefronts keep the sidewalks in motion. Waverly Farmers Market anchors Saturdays with a block-by-block ritual of local food and handmade goods. The Senator Theatre and Atomic Books add a distinctly Baltimore cultural cadence nearby. Brick porches, painted cornices, and pocket parks shape a walkable, lived-in feel, while the Johns Hopkins University campus edges the area with steady weekday energy.
Provided by Walk Score and Local Logic
Market insights
3748 Old York Rd · $115,000
DAYS ON MARKET
14 days
The average home goes pending in 41 days.
SALE-TO-LIST
102.3%
Most homes are selling 2% above list price.
LIST PRICE
$115,000
Median sale price in this area is $349,036. (204% higher than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Basement present (other type)
Bedrooms
One 1-bedroom unit and two 2-bedroom units (multifamily)
Heating & cooling
Window air conditioning units (electric)
Electric heating (other)
Hot water supplied by electric and natural gas
Exterior features
Front yard, rear yard, and side yards
Property backs to trees
Urban location within city limits (Baltimore City)
Home design
Detached structure
Estimated year built
Parking
On-street parking (unassigned, free)
Construction
Vinyl siding
Shingle roof
Other foundation details
Contains above-grade and below-grade other structures
Three total units
Utilities
Public water
Public sewer
100 amp electric service
Financial info
Fee simple ownership
Other
Finished above-grade living area per assessor: 1,848 (assessor source)
Finished below-grade area recorded as 0
Improvement and land assessed separately
Electricity and solar
View estimated energy costs and solar savings for this home
Short Sale professionally negotiated by an attorney, subject to third party authorization. Please schedule all showings online, allowing at least 48 hours to notify tenants. Tenant only allows showing 2 hours during the weekend.
Neighborhoods: The R-6 Garden Rowhouse Residential Zoning District is intended for primarily low density rowhouse neighborhoods that reflect a naturalistic environment typified by open and landscaped front yards of buildings that are set back and that contain stoops and porches oriented to those yards.; Housing types: The R-6 District is meant to accommodate single-family units in both detached and semidetached dwellings, rowhouse developments, and multi-family developments of a moderate density.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational / school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Baltimore, MD • 21218
Average low and high temperatures (°F)
38
25
43
30
60
41
68
51
74
58
86
68
90
74
82
67
78
64
69
51
58
43
44
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3748 Old York Rd
$121,616
$6,616 over list price of $115K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $140K to $838K.