11 Single Family Portfolio in Baltimore at Multiple Addresses

11-Single Family Portfolio: 9 Lead-Free Homes in Baltimore

This 11-unit Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential.

The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion.

Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.

Addresses Part of Portfolio

1219 Glyndon Ave, Baltimore MD 21223

1238 Sargeant St, Baltimore MD 21223

1321 Glyndon Ave, Baltimore MD 21223

1407 W Ostend St, Baltimore MD 21223

1415 W Ostend St, Baltimore MD 21223

2305 Herkimer St, Baltimore MD 21230

2109 N Longwood St, Baltimore MD 21216

3225 Kenyon Ave, Baltimore MD 21213

442 E Lorraine Ave, Baltimore MD 21218

1115 Carroll St, Baltimore MD 21230