902 Arion Park Road Baltimore, MD $ 600,000
902 Arion Park Road
$ 600,000
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902 Arion Park Road

Baltimore, MD, 21229
$ 600,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 3,743

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Multi-Family Home for sale in Baltimore, MD

for $600,000 with 6 bedrooms. This home was built in 1963.

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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Multi-Family Contingent

Price

$ 600,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 10,686

Style

Year Built

1963

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2183396

Features
General
Living Area 6492
Sewer Public Sewer
Heating Forced Air
Cooling Other
Possession 0-30 Days CD
Zoning 0
Architectural Style Other
Construction Materials Other
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1963
Property Subtype Other
Tax Year 2025
Ownership Other
Cool Fuel Electric
Municipality Baltimore City
Section 01
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Please input into your GPS 902 Arion Park Road Baltimore MD 21229
City BALTIMORE
Number Of Units Total 1
Tax Annual Amount 10686.08
Two Bedroom 1
Structure Type Other
Price Per Sq Ft Total AG 92.42
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision Ward 25
Tax Lot 043
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Interior
Heating Fuel Other
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Water View Y/N N
Waterfront Y/N N
Land Assessed Value 25700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 902
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* Excluded Features
List By
Midfield Realty

Broker

yaakov@midfieldre.com

Email

Affordability Calculator

$4,634
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$891
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$600,000 Listed Price

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902 Arion Park Road, Baltimore, MD, 21229 is a Multi-Family Home for sale at $600,000. 902 Arion Park Road has 6 bedrooms, 0.0 baths, and was built in 1963. The property's zip code is 21229 which is in Baltimore, MD