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1051-1053 Desoto Road Baltimore, MD $ 399,000
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1051-1053 Desoto Road
$ 399,000
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1051-1053 Desoto Road

Baltimore, MD, 21223
$ 399,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,457

1051-1053 Desoto Road, Baltimore, MD 21223 - Image 1
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Multi-Family Home for sale in Baltimore, MD

for $399,000 with 5 bedrooms. This home was built in 1942 on a lot size of 0.14.

Rare investment opportunity to acquire a contiguous 4-unit portfolio consisting of two side-by-side brick duplexes at 1051 and 1053 Desoto Rd in Baltimores Morrell Park area. This package generates combined gross monthly income of approximately $4,500, or approximately $54,000 per year, with immediate turn-key rental performance. The properties feature consistent occupancy, separately metered gas and electric, public water and sewer, solar energy service through Sunrun, and recent updates including flooring, interior paint, bathroom fixtures, and serviced HVAC systems. 1053 Desoto is an end-unit property, while 1051 Desoto is the adjoining center-unit property. The portfolio sits at the corner of Cowan Rd and Desoto Rd, with Desoto Rd located off Wilkens Avenue. The location is minutes from Ascension Saint Agnes Hospital, I-95, I-295, MARC access, and nearby commuter routes. Both properties offer private rear space and are being sold as-is. Lead Risk Reduction Certificates are available.

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Multi-Family Active

Price

$ 399,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 2,429

Style

Traditional,Side-by-Side,Unit/Flat

Lot Size

0.14

Year Built

1942

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2212750
Features
General
Living Area 2432
Sewer Private Sewer
Heating Forced Air Central
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Water Available Natural Gas Available
Possession Settlement
Roof Flat Asphalt
Appliances Refrigerator Oven/Range - Gas
Zoning R-6
Patio/Porch Features Balcony Deck(s) Patio(s) Porch(es)
Architectural Style Traditional Side-by-Side Unit/Flat
Construction Materials Brick Masonry
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1942
Electric 100 Amp Service
View Street
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Section 02
Gross Income 54000.00
Accessibility None
County BALTIMORE CITY
Net Operating Income 45000.00
Insurance Expense 1200.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 2000.00
Subdivision Name MORRELL PARK
Garage Y/N N
Water Access Y/N N
Green Energy Generation PV Solar Array(s) Leased Net-Meter Renew Energy Credits
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From downtown Baltimore take West Baltimore Street west continue onto Frederick Avenue then turn onto Desoto Road and proceed to 1053 Desoto Rd.
City BALTIMORE
Disclosures Lead Inspection Certificate Available
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 6003.00
Number of Units Leased 4
Tax Annual Amount 2429.0
Home Warranty Y/N N
Property Condition Excellent
Trash Expense 0.00
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 164.06
Acceptable Financing Cash FHA FHA 203(k) FHLMC FHVA FMHA FNMA Negotiable
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 25
Tax Lot 048Q
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Basement Rear Entrance Walkout Stairs Sump Pump Walkout Level Poured Concrete Partial Unfinished Outside Entrance
Flooring Hardwood Laminated Carpet
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Window Features Insulated Screens Sliding
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Sidewalks Gutter System
Pool No Pool
Parking Features Assigned Public Private Free Fenced Concrete Driveway
Water Source Public
Type of Parking On Street Attached Carport
Foundation Details Brick/Mortar Concrete Perimeter
Water View Y/N N
Lot Dimensions 49x122'6
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Door Features Storm Double Entry
Land Assessed Value 15000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1051
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* Excluded Features
List By
Homecoin.Com

Broker

info@homecoin.com

Email

Affordability Calculator

$2,659
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/29/2026$399,000 Listed Price

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1051-1053 Desoto Road, Baltimore, MD, 21223 is a Multi-Family Home for sale at $399,000 with a lot size of 0.14. 1051-1053 Desoto Road has 5 bedrooms, 0.0 baths, and was built in 1942. The property's zip code is 21223 which is in Baltimore, MD

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