Townhouse: MLS #MDBA2234662 Baltimore, MD $ 370,000
Townhouse: MLS #MDBA2234662
$ 370,000
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Townhouse: MLS #MDBA2234662

Baltimore, MD, 21223
$ 370,000
Bedrooms4 Baths4.0 Sq 1,216

Monthly Estimate*

$ 2,555

MLS #/Web ID: MDBA2234662 - Image 1
MLS #/Web ID: MDBA2234662 - Image 2
MLS #/Web ID: MDBA2234662 - Image 3
MLS #/Web ID: MDBA2234662 - Image 4
MLS #/Web ID: MDBA2234662 - Image 5
MLS #/Web ID: MDBA2234662 - Image 6
MLS #/Web ID: MDBA2234662 - Image 7
MLS #/Web ID: MDBA2234662 - Image 8

Townhouse for sale in Baltimore, MD

for $370,000 with 4 bedrooms and 4 full baths. This 1,216 square foot townhouse was built in 1942 on a lot size of 0.14.

RECENTLY UPDATED, FULLY LEASED PORTFOLIO The offering consists of two side-by-side brick duplexes totaling four residential units, with all units currently leased. Recent improvements include flooring, paint, bathroom fixtures, and serviced HVAC systems, providing a solid physical foundation for continued operations while limiting the need for significant immediate capital improvements. ATTRACTIVE IN-PLACE CASH FLOW 1051 & 1053 Desoto Road presents an opportunity to acquire a fully leased four-unit multifamily portfolio for $370,000, generating approximately $29,751 of annual NOI. The offering provides investors with an approximately 8.0% in-place capitalization rate, delivering immediate cash flow from a stabilized, fully occupied residential portfolio. STRATEGIC MORRELL PARK LOCATION Situated in Baltimore's Morrell Park neighborhood, the property offers convenient access to major transportation routes, employment centers, and area amenities. The property is approximately five minutes fromI-95/Beltway access and Ascension Saint Agnes Hospital, eight minutes from I-295, 10 minutes from the west Baltimore MARC station, and 12minutes from Downtown Baltimore. The property is also adjacent to the Wilkens Avenue commercial corridor and within a short walk of Morrell Park Elementary. LOW-COMPLEXITY MULTIFAMILY INVESTMENT The four-unit configuration offers an efficient scale of ownership while maintaining the benefits of a diversified multifamily asset. with 100%occupancy, separately metered gas and electric, four assigned parking spaces, and recent servicing of the HVAC systems, the property provides an ownership profile designed to minimize day-to-day operational complexity. The compact portfolio allows an investor to capture multifamily rental income without the management demands typically associated with larger, more operationally intensive assets.

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Townhouse Active

Price

$ 370,000

Bedrooms

4

Full Bath

4

Property Type

Townhouse

Taxes

$ 4,716

Style

Lot Size

0.14

Year Built

1942

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2234662

Features
General
Living Area 1216
Sewer Public Sewer
Heating Radiator
Cooling Other
Possession Other
Zoning R-6
Patio/Porch Features Porch(es)
Architectural Style Other
Construction Materials Brick
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1942
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Other
Section 02
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Residential
HOA N
Subdivision Name MILL HILL
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status ACTIVE
Directions ...
City BALTIMORE
Disclosures None
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 5980.04
Tax Annual Amount 4716.0
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 4
Bathrooms Count Main Level 4.00
Price Per Sq Ft Total AG 304.28
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 25
Tax Lot 048P
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Interior
Heating Fuel Other
Basement Other
Hot Water Other
Basement (Y/N) Y
Heating Y/N Y
Above Grade Finished Area 1216
Half Baths 0
Central Air Y/N N
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Wood
Water View Y/N N
Lot Dimensions 19'2 x 122'6
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
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
Greysteel Company Llc

Broker

midatlanticmf@greysteel.com

Email

Affordability Calculator

$2,948
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/22/2026$370,000 Listed Price

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