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1210 Walker Avenue

Updated Apr 8, 2026

Walker House Apartments Sold For $2.13M In Baltimore With Brokers Harbor Stone Advisors And Alex Cooper
SOLDMultiFamily

Walker House Apartments Sold For $2.13M In Baltimore With Brokers Harbor Stone Advisors And Alex Cooper

1210 Walker Avenue & 1214 Walker Avenue

$2,126,250

Units

19

Asset Type

MultiFamily

Closing

Apr 6, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property consisting of 19 units located at 1210 Walker Avenue and 1214 Walker Avenue in Baltimore, MD. The transaction was completed for a sale price of $2,126,250, resulting in a price per unit of $111,908. The property has not been sold in over 40 years and is situated near major universities and employers, which provides potential for unit renovations and additional income streams.

Summary of transaction details:

Harbor Stone Advisors and Alex Cooper Auctioneers collaborated on the sale of Walker House Apartments, marking a significant event as it is the first sale of the property in over four decades. The brokers involved played a crucial role in the auction process, facilitating the successful transaction in the multifamily sector.

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$2,126,250

MultiFamily

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Players

Justin Verner

Harbor Stone Advisors

Broker

$78.4M

vol

13 deals

Broker

Baltimore MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $111.9K per unit across 19 units on a published $2.1M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.46%

Cash-on-Cash

-2.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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