1407 W Ostend St W, Baltimore, MD 21223

Local realty services provided by:ERA Martin Associates
1407 W Ostend St W,Baltimore, MD 21223
$130,000
  • 21 Beds
  • - Baths
  • 1,248 sq. ft.
  • Multi-family
  • Active
Listed by:menachem m. dalfin
Office:midfield realty
MLS#:MDBA2188142
Source:BRIGHTMLS

Price summary

  • Price:$130,000
  • Price per sq. ft.:$104.17

About this home

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

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Home facts

  • Year built:1898
  • Listing ID #:MDBA2188142
  • Added:11 day(s) ago
  • Updated:November 02, 2025 at 02:32 PM

Rooms and interior

  • Bedrooms:21
  • Living area:1,248 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1898
  • Building area:1,248 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$130,000
  • Price per sq. ft.:$104.17
  • Tax amount:$2,663 (2025)

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