Showings Tuesdays and Saturdays by appointment! Equity plus cash flow, a rare combination: similar 3-unit properties have recently sold for around $300,000. This large 3-story brick end-of-group (EOG) 3-unit is a handsome historic building with excellent curb appeal, offering about 2,790 sq ft above grade on Gwynns Falls Parkway in an area with lots of development. What sets it apart is the space: these are spacious units with large bedrooms, large living areas, high ceilings, and great natural light. Good bones and a solid foundation make it a great long-term rental. Seller projects average rents of $1,000 per unit, or $3,000 a month total, with less than $10,000 in maintenance repairs. With heavy cosmetic upgrades like kitchens, baths, flooring, and paint, you could likely get closer to $4,000 a month in total rent, with no need to move walls or open them up. Every unit is vacant, each has its own furnace and separate BGE, and the property passed its rental license and lead inspections earlier this year. The layout is a first-floor 1-bedroom, a second-floor 2-bedroom, and a third-floor 1-bedroom. The second-floor unit has hardwood floors, a front bay window, and an eat-in kitchen with a three-window rear bay, a pantry, and its own rear entrance. The third-floor unit has exposed brick, a ceiling fan, wood-look flooring, and a 2023 water heater. The first-floor unit has a front living room and a back bedroom. All units have gas forced-air heat. Tenants have used window units, and central air could be added. The unfinished basement, entered from the rear, offers storage. A 16-foot rear alley serves the lot, with room for one car out back. Easy access for tenants: about a quarter mile to the Mondawmin Metro station, with bus lines nearby, and close to Druid Hill Park, the Maryland Zoo, Mondawmin Mall, and Coppin State University. Showings are Tuesdays and Saturdays, 9 AM to 6 PM, by appointment only; prior notice required.

Listing Tools

Property Details of 1615 Gwynns Falls Parkway

Property Details

Interior Features

Utilities and Appliances

Map Location

Listed by Dimitrios Lynch Jr. of ExecuHome Realty

Copyright 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 Aaron Oelrich 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 October 10, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Aaron Oelrich. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.