1407 W Ostend St W, Baltimore, MD 21223
Local realty services provided by:O'BRIEN REALTY ERA POWERED
1407 W Ostend St W,Baltimore, MD 21223
$1,430,000
- 2 Beds
- 2 Baths
- 1,248 sq. ft.
- Townhouse
- Active
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2199880
Source:BRIGHTMLS
Price summary
- Price:$1,430,000
- Price per sq. ft.:$1,145.83
About this home
**11 SFR Portfolio in Baltimore / 130,000 per property**
This 11 Single Family 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....
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Home facts
- Year built:1898
- Listing ID #:MDBA2199880
- Added:133 day(s) ago
- Updated:June 16, 2026 at 01:50 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Combination Kitchen/Living
- Basement:Yes
- Living area:1,248 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1898
- Building area:1,248 sq. ft.
- Architectural Style:Federal
- Construction Materials:Brick
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,430,000
- Price per sq. ft.:$1,145.83
- Tax amount:$2,663 (2025)
Parking
- Parking description:On Street
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