2305 Herkimer St, Baltimore, MD 21230

Local realty services provided by:ERA Valley Realty
2305 Herkimer St,Baltimore, MD 21230
$1,400,000
  • 2 Beds
  • 1 Baths
  • 816 sq. ft.
  • Single family
  • Active
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2199888
Source:BRIGHTMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$1,715.69

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

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Home facts

  • Year built:1895
  • Listing ID #:MDBA2199888
  • Added:1 day(s) ago
  • Updated:February 02, 2026 at 05:16 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:816 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas Available

Structure and exterior

  • Year built:1895
  • Building area:816 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$1,715.69
  • Tax amount:$1,614 (2025)

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