BALTIMORE — The city's Housing Authority is auctioning off almost 30 vacant properties this month, and several of the properties have already been sold for many times their value.
Two boarded-up homes on North Avenue near Greenmount have sold for $65,000 and $53,500. They were part of an auction that ended Sept. 11.
The houses, at 402 and 406 East North Avenue, were each assessed by the state to be worth $11,667 for July 2024. Both of the homes date to 1900. Bids originally began as low as $3,000.
The following properties are also part of the auction:
- Group 2 (twelve homes near Pimlico, Gwynns Falls Park, Clifton Park, Coppin State University, and West Baltimore) - auction Sept. 15 through Sept. 19
- Group 3 (eleven homes in East and West Baltimore) - auction Sept. 19 through Sept. 21
Housing Authority of Baltimore City is partnering with Ashland Auction Group on the auctions.
HABC president and CEO Janet Abrahams said in a statement:
Our upcoming auctions are an excellent opportunity for individuals and families to explore a variety of housing options in our community... The properties selected for auction are located within vibrant neighborhoods known for their sense of community and public amenities.
All bidders must pre-register at AshlandAuction.com/Register .
