1415 W Ostend St W, Baltimore, MD 21223
Local realty services provided by:CENTURY 21 Rauh & Johns
1415 W Ostend St W,Baltimore, MD 21223
$130,000
- 21 Beds
- - Baths
- 1,248 sq. ft.
- Multi-family
- Active
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2188154
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 Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
Addresses Part of Portfolio
1219 Glyndon Ave, Baltimore MD 21223
1238 Sargeant St, Baltimore MD 21223
1321 Glyndon Ave, Baltimore MD 21223
1407 W Ostend St, Baltimore MD 21223
1415 W Ostend St, Baltimore MD 21223
2305 Herkimer St, Baltimore MD 21230
2109 N Longwood St, Baltimore MD 21216
3225 Kenyon Ave, Baltimore MD 21213
442 E Lorraine Ave, Baltimore MD 21218
1115 Carroll St, Baltimore MD 21230
Contact an agent
Home facts
- Year built:1898
- Listing ID #:MDBA2188154
- Added:52 day(s) ago
- Updated:December 13, 2025 at 02:29 PM
Rooms and interior
- Bedrooms:21
- Living area:1,248 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1898
- Building area:1,248 sq. ft.
Utilities
- Water:Public
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$104.17
- Tax amount:$2,665 (2025)
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