Manchester Real Estate Search

Manchester Multi-Family Properties for Sale

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Newest Manchester Multi-Family Homes for Sale

$950,000
Incredible 12-Unit Multi-Family Property! Amazing Value at less than $80,000 per Unit! Combining 1200 & 1202 N Caroline St, this remarkable property combines to create an impressive nearly 10,000 sq. ft. corner building boasting fantastic apartment layouts, robust cash flow, and substantial equity potential. Built in a bygone era, this sturdy property features a majestic entrance, exquisite custom millwork, and soaring ceilings. This expansive building offers serene living spaces for tenants and presents a desirable mix of apartment layouts, including eight two-bedroom units, two one-bedroom units, and two studios. Each unit is separately metered, with tenants responsible for their own gas and electric expenses. A diverse tenant base, comprising both market-rate tenants and Section 8 occupants, maintains stable rents averaging approximately $1,000 per month, resulting in a gross annual rental income of $125,000. The owner has made substantial investments, totaling over $100,000, to stabilize the property, yielding an impressive 8% Cap Rate for prospective buyers. This presents a tremendous opportunity to further enhance cash flow and equity. By increasing rents to a reasonable $120,000 per unit and $1,200 per month, potential equity of up to $500,000 could be generated, along with a likely 10+% cap rate. Situated on a spacious lot measuring 49ft by 159ft, spanning the entire block from Caroline to Spring St, the property enjoys adjacency to Madison Square Park, Recreation Center, and Playground, offering unobstructed city views. Just half a mile from John’s Hopkins Medical Campus, the property is ideally located amidst the vibrant East Baltimore Development, featuring 1.7 million square feet of life sciences research and office space, educational institutions, green areas, grocery stores, and other essential neighborhood amenities. View the uploaded floor plans to envision the building's layout. While interior photos are limited due to occupied units, this is an exceptional investment opportunity to purchase, enhance, and hold for generations. Don’t let this opportunity pass you by – call today for more information!

1200 N Caroline St, Baltimore

Listing courtesy of ExecuHome Realty. Contact: (443) 632-3000

$114,990
This is a phenomenal opportunity to own one of these grand homes near Forest Park for a super affordable price. This is an estate sale and the seller/personal representative has very limited knowledge of the property composition. The home is currently occupied by holdover tenants / squatters and it is highly recommended that they are not approached or disturbed. Exterior inspections are not restricted but proceed with caution. There are 4 mailboxes so it is assumed that there are 4 apartments inside. Current zoning compliance is unknown. Buyer is responsible for verification. Also, it is believed to be a fee simple property and if Ground rent exists, the seller will make current but will not redeem. The condition, make up , lay out and anything else to do with the interior is unknown at this time. Property is being sold AS IS, WHERE IS and the seller will not entertain and repairs or offers with loans that require entry. Cash is preferred (and King) but private financing is acceptable as long as interior access is not needed. The seller will review any and all offers on the 7th DOM but seller reserves the right to accept an offer (that cannot be refused) prior to the 7th day. All offers are based on a drive by and the exterior. For those who know the market and the area, you know this is an outstanding opportunity to keep as a multi or convert to a single family for a potentially hefty profit. Do not miss out.

3713 W Forest Park Ave, Baltimore

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact:

$599,900
Incredibly Rare 5-Unit Corner Property. The owner loves this property, and the only reason for selling is to trade up into a larger building. An awesome cash-flowing investment opportunity adjacent to Charles Village at the intersection of Guilford and 25th Street. The property has great bones and recent owner upgrades in 2021, including HVAC, electric, plumbing, kitchens, bathrooms, flooring, fixtures, and painting, etc. This property shows exceptionally well and is easy to rent to happy tenants. The units are spread out over the four finished levels. The first two floors consist of a bi-level 2BD 2BA ($1400/m) and an efficiency unit will be rented for $1,000/m. The 3rd floor contains two 1BD 1BA apartments with rents of $1,200/m and $1,050/m. The fourth floor is an awesome 1BA 1BA full-level unit with a large living space and a walk-out roof deck with gorgeous city views is rented for $1,350/m starting April 1st. Gross income is $72,000/yr.. The property is a ‘Walker's Paradise’ with a 92 walkability score. It is centrally located near Johns Hopkins University, Charles Village, lots of shopping, and restaurants in the Station North Arts and Entertainment District and Historic Charles Street thoroughfare. This will go quickly, and you simply must see this gem! Love it or Leave it with our 12-Month Buy It Back or Sell It for Free Guarantee!* Have a Home to Sell? Buy this Home, and We Will Buy Yours for Cash!* Schedule a Tour Today.

301 E 25th St, Baltimore

Listing courtesy of ExecuHome Realty. Contact: (443) 632-3000

$1,700,000
Don't miss this rare opportunity to own a sprawling property in Elkton, Maryland, featuring not one, but three ranch homes on over 31 acres of scenic land! This expansive estate not only offers subdivision potential but also provides a blend of vast open spaces and wooded areas. Embrace the rural charm of Elkton with this exceptional listing. The property presents a unique opportunity for subdivision, with the potential to create up to 7 individual lots (subject to Cecil County approval) This picturesque estate is graced with mature trees and includes three single-family ranch homes, each brimming with character: A 3 bedroom, 2 bathroom home with a basement A 3 bedroom, 2 bathroom home A 3 bedroom, 1 bathroom home Previously serving as rental properties, these homes are being sold 'as-is', adding to the investment allure of the land. At the heart of this estate is a peaceful pond, offering a serene setting and enhancing the area's natural beauty. The property's ideal location ensures easy access to I-95, facilitating effortless commutes. It's merely a 30-minute drive to Wilmington, and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity or dreaming of a vast expanse of land for outdoor enjoyment, starting a small farm, or building your dream home, this property is a perfect fit. Discover the tranquility of nature and the potential for growth with this unique Elkton property, now ready for its new owner.

77 Mimosa Ln, Elkton

Listing courtesy of Keller Williams Realty Wilmington. Contact: (302) 299-1100

$410,000
Coming Soon!!! A one-of-a-kind opportunity to own a historic 3 level, 6 bedroom, 5 bath, 4800+ sq ft cedar and stone Tudor Colonial, located in the sought after community of Windsor Hills. This gorgeous and bright multi-unit home boasts three separate spacious apartments, each having its own entrance. Sitting on over 1/2 of an acre, this gem is truly impressive throughout. Backing to Gwynns Falls Park, this urban oasis offers spectacular views of the Falls from the beautiful stone patio and porches. Step through the vintage doors into the welcoming vestibule. This beauty features an abundance of natural light and hardwood flooring throughout. The first-floor apartment offers soaring ceilings, bay window, and a ballroom sized (21 x 31) living room! The unit has a large dining room with fireplace, kitchen with stainless steel appliances with pantry, and a lovely stone patio. The generous primary bedroom has closets galore. Two additional rooms can serve as bedrooms or flex to be offices/dens. Two full baths round out this delightful space. The second-floor apartment features French doors opening to a romantic Juliet balcony and the side porch offers a view of the Gwynns Fall Park. This unit has a living room, dining room and kitchen, two bedrooms and two full baths. The living room of the top floor apartment has a lovely turret. It also has a table-space kitchen, two bedrooms and a full bath. The 1800+ sf full, unfinished basement offers laundry and incredible storage. The two-car garage and driveway provide for additional storage and off-street private parking. Explore the Gwynns Falls biking and hiking trails and the Carrie Murray Nature Center. The NEW Cahill Recreational Center is also nearby. Property is being sold "As Is," but has been well maintained.

2518 Talbot Rd, Baltimore

Listing courtesy of Douglas Realty, LLC. Contact: (866) 987-3937

$3,500,000
Ditch the Ordinary, Embrace Your Future in Bethesda! Unleash your inner city dweller in Downtown Bethesda’s reimagined urban sanctuary - a stylish 4-unit condo building reborn as a sleek downtown retreat. Picture this: Spacious 2-bedroom, 2-bathroom havens: Find room to breathe, relax, and conquer your day. One unit even accommodates accessibility needs. Gourmet kitchens that inspire: Whip up culinary masterpieces with top-notch appliances, ovens, and generously sized refrigerators. Sun-drenched living: Bathe in natural light thanks to skylights and cathedral ceilings (in upper units). Effortless convenience: In-unit washer/dryer and high-quality finishes ensure a smooth, comfortable lifestyle. Peace of mind, guaranteed: Secure property with multiple cameras, UV-protected windows for added safety, and even private parking with an EV charger. Location, location, location: Steps from Bethesda Metro: Ditch the commute hassles. Walkable paradise: Enjoy world-class dining, shopping, entertainment, and cultural experiences nearby. Prime proximity: Walter Reed, NIH, government and business hubs are all within reach. This isn't just an apartment, it's an experience. Embrace the vibrant energy of Downtown Bethesda and elevate your everyday in a building designed for the future. Welcome home to your urban oasis. Keywords: Bethesda, modern, condo, spacious, amenities, convenient, secure, walkable, vibrant, future living. P.S. Don't miss out! Contact us today for a showing and step into your future. P.P.S. Ask about our special incentives for eco-conscious residents!

4535 Avondale St, Bethesda

Listing courtesy of RLAH @properties. Contact:

$560,000
Three properties in one! This incredibly rare offering includes 429 E Lafayette Ave, a massive four-level 2-unit dwelling sitting on a wide 19ft lot, as well as the adjacent lots of 431 E Lafayette Ave & 433 E Lafayette Ave, creating an unparalleled 51ft x 95ft oasis in the heart of the Station North Arts and Entertainment District, offering income and equity opportunities. The adjacent lots are in an R8 zoning district, measuring over 1,500 sq. ft. each, and have parking, meeting qualifications for building a two-unit property on each. Located in this sought-after and fast-developing community, which sits next to Penn Station, attracting DC commuters and all types of homebuyers who enjoy the local theaters, galleries, and music venues. This gem of a property fits perfectly into this artistic community, and the side lots would be a trophy space for anyone interested in gathering friends, hosting events, or a private retreat. The rear of the property alone has side-by-side driveway parking for 4-5 cars. 429 E Lafayette is comprised of a 1-2BD 2BA Owner’s Unit on the main and lower floors that have been custom designed by the owner, an artist. Its backroom with a private rear entrance has served as an efficiency-style roommate apartment, and the owner has created an owner's suite living space with an updated artistic kitchen and living area with high ceilings on the main floor, and downstairs bedrooms quarters with a walk-in closet and laundry on the lower level. The upstairs 2-3BD and 1.5 Bathroom apartment is wide and open with luxury vinyl plank flooring. The kitchen boasts granite counters, stainless steel appliances, and a kitchen island leading to your large three-window-wide and 20ft long living room with plenty of space for relaxing and entertaining. Opposite the living space, in the rear of the property, is your third bedroom or office boasting its own ensuite half bathroom. On the top floor, you will find two large bedrooms, a spacious full bathroom, and a larger laundry room with side-by-side washer and dryer and shelving storage. The oversized 14x15ft primary front-facing bedroom has his and her closets and boasts natural light from 3 windows. This is a perfect opportunity for a homeowner or an investment-minded buyer to snap up this property. A buyer can purchase using low-money-down FHA, Conventional, or VA financing, offset their living expenses today by living in one unit and renting the other, and have a nest egg for their financial future with the buildable lots. Zoning info has been pulled from uploaded ‘Rowhouse and multi-family residential districts – permitted and conditional uses’ and tax record information. Buyer must contact zoning office to verify development plans. Don’t miss out on this amazing property! Love it or leave it with our 12-month ‘Buy it Back or Sell it for Free’ guarantee!* Do you have a home to sell? Buy this home, and we will buy yours for cash!* Schedule a tour right now! Property can be shown on weekends only and prior day notice is needed. Please plan ahead.

429 E Lafayette Ave E, Baltimore

Listing courtesy of ExecuHome Realty. Contact: (443) 632-3000

$515,000
This conscientiously renovated 4-Unit apartment building in Charles Village has been designed to offer not only ease of maintenance but also an array of attractive amenities and finishes for tenants. With its certified lead-free status, property owners can rest assured, eliminating the need for inspections and the associated added expenses during turnovers. Its strategic location provides exceptional convenience, with proximity to major grocer Safeway and the renowned Johns Hopkins University Homewood Campus, making this property a high-demand investment opportunity. Tenants are immediately welcomed with a warm and inviting atmosphere, thanks to gleaming hardwood floors and a well-lit entryway that exude comfort. Within the apartments, tenants enjoy the advantages of waterproof and low-maintenance luxury vinyl tile flooring. The kitchens are contemporary, boasting wood cabinets, elegant quartz countertops and stylish backsplash, along with the practicality of dishwashers. Modernized bathrooms feature pedestal sinks and ceramic tile surrounds. Adding to the appeal, each unit is equipped with its own washer and dryer and there are two off-street parking spots behind the building. Tenants enjoy climate control throughout the year, with three apartments equipped with heat pumps and central air conditioning, while the studio boasts efficient mini-split units. Moreover, each unit comes with a 2019 Rheem electric water heater. Managing this all-electric, separately metered building is a breeze, thanks to its upgraded 400 amps electrical service. Peace of mind is assured with a newer TPO roof that provides durability and longevity. The water supply lines are C-PVC, and the drain lines are PVC, ensuring reliability and low maintenance. To top it off, energy costs for tenants are kept in check, thanks to vinyl replacement windows. Just 4 blocks south of Johns Hopkins University Homewood Campus, and only two blocks from the Hopkins Shuttle Stop at 27th & Saint Paul. Tenants also enjoy an easy walk to nearby Wyman Park Dell and the Charles Village Shopping District. Even closer are a myriad of small business along the 25th Street corridor, as well as major grocer Safeway. 2511 North Charles earns the designation “Walker’s Paradise”, with a WalkScore of 96. Find out more about Charles Village here: Why Charles Village is Great for Investment Properties in Baltimore

2511 N Charles St, Baltimore

Listing courtesy of Ben Frederick Realty, Inc.. Contact: 410-752-6400

$512,000
The rare opportunity to own an end-of-group Multi-Family (Mixed-use) Property at the Patterson Park Community has finally come. This property has two commercial units as well as two residential units. The building is fully renovated and conveys all appliances. Full open unfinished basement along with loads of upgrades from the renovations. This is a lavish opportunity that won't last long—priced for quick sale. All offers will be presented. The rear commercial space has an existing lease. Shows extremely well. The first floor has marble flooring with custom wall treatments and lighting. offers full access to the fully unfinished basement for additional storage and preservation. This space offers a private office and full kitchen in the rear with a half bath—loads of natural light and easy access to a bountiful amount of street traffic. The rear offers a small three-room suite with a half bath and lobby area. with Separate Entrances. The Residential apartments are located on the 2nd and 3rd floors. The 2nd floor offers a lovely 2 bedroom apartment with washer and dryer hook-ups separate HVAC system, walk-in closets, ceiling fans, and laminate flooring with stainless steel appliances and a beautiful spa-like bath with marble tile around. The 3rd floor has laminate flooring but it's just a 1 bedroom suite with a washer and dryer hookups gas range, stainless steel fridge, microwave, and separate meters. Custom bath with granite tile and vanity

3126 E Baltimore St, Baltimore

Listing courtesy of The Real Estate Store of Maryland LLC. Contact:

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