902 Arion Park Rd, Baltimore, MD 21229

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902 Arion Park Rd,Baltimore, MD 21229
$600,000
  • 6 Beds
  • - Baths
  • 6,492 sq. ft.
  • Multi-family
  • Pending
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2183396
Source:BRIGHTMLS

Price summary

  • Price:$600,000
  • Price per sq. ft.:$92.42

About this home

Financial Highlights The property generates about $7,416 in monthly rent ($89,000 annually) with full occupancy. Pro forma gross income is projected at $117,264 in Year 1, with added upside from laundry and parking. NOI is expected at $64,495 in Year 1 and $74,723 by Year 5, with the cap rate improving from 10.75% to 12.45%, offering strong cash flow and long-term value. Property Highlights 902 Arion Park Rd, Baltimore, MD 21229 is a fully occupied, well-maintained multifamily property with one 1-bedroom, three 2-bedroom, and three 3-bedroom units. All units are lead-free with hardwood and tile flooring. A shared laundry area adds tenant convenience. Location Highlights Located in ZIP 21229 with 44,687 residents, median income of $55,457, and strong rental demand. Nearby are UMBC (10 miles), Coppin State (4 miles), UMB (6 miles), Johns Hopkins (5 miles), and UMMS (28,000+ employees). This prime location ensures consistent demand and stable returns.

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Home facts

  • Year built:1963
  • Listing ID #:MDBA2183396
  • Added:98 day(s) ago
  • Updated:December 17, 2025 at 12:58 AM

Rooms and interior

  • Bedrooms:6
  • Living area:6,492 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1963
  • Building area:6,492 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$92.42
  • Tax amount:$10,686 (2025)

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