For Sale: $1430000, 1407 W OSTEND ST W,BALTIMORE,MD,21223,BALTIMORE CITY MLS: MDBA2199880

1407 W OSTEND ST W,BALTIMORE,MD,21223,BALTIMORE CITY - 1430000

MDBA2199880

For Sale: 1407 W OSTEND ST W, BALTIMORE, md, 21223

2
Beds
2.
Bath
$1,430,000
Price
1248 Sq. ftLiving Area

**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.

Status: Active
MLS #: MDBA2199880
Days On Market: 69
Taxes: $2663.66 / 2025
Property Type: Residential
Year Built: 1898
Lot Size: /
InteriorFeatures: Combination Kitchen/Living
Courtesy of: Midfield Realty