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
For sale
$130,000
3225 Kenyon Ave, Baltimore, MD 21213
21beds
--baths
1,270sqft
Est.:
Townhouse
Built in 1928
-- sqft lot
$125,400 Zestimate®
$102/sqft
$-- HOA
What's special
Hardwood floorsUpdated cabinetryGranite countertops
- 51 days |
- 178 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 05:14am
Listed by:
Mendel Dalfin 410-469-6643,
Midfield Realty 4104985408
Source: Bright MLS,MLS#: MDBA2188170
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
Basement
- Area: 585
Heating
- Other, Natural Gas
Cooling
- Other
Appliances
- Included: Gas Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,623
- Total interior livable area: 1,270 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0326395906 034
- Zoning: 0
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1928
- Major remodel year: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Belair-edison
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $63,000
- Annual tax amount: $1,486
- Date on market: 10/21/2025
- Listing agreement: Exclusive Agency
- Ownership: Other
Estimated market value
$125,400
$119,000 - $132,000
$1,579/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Listed for sale | $130,000+116.7%$102/sqft |
Source: | ||
| 10/25/2018 | Listing removed | $1,300$1/sqft |
Source: Go Section8 Report a problem | ||
| 8/20/2018 | Listed for rent | $1,300+8.3%$1/sqft |
Source: Go Section8 Report a problem | ||
| 9/15/2017 | Listing removed | $1,200$1/sqft |
Source: Go Section8 Report a problem | ||
| 8/22/2017 | Listed for rent | $1,200$1/sqft |
Source: Go Section8 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $63,000 +5% |
| 2024 | $1,416 | $60,000 |
| 2023 | $1,416 -23% | $60,000 -32.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$866/mo
Principal & interest
$666
Property taxes
$154
Home insurance
$46
Climate risks
Neighborhood: Belair-Edison
Nearby schools
GreatSchools rating
- 3/10The Belair-Edison SchoolGrades: PK-8Distance: 0.1 mi
- 2/10Mergenthaler Vocational-Technical High SchoolGrades: 9-12Distance: 1.5 mi
- 4/10Vanguard Collegiate Middle SchoolGrades: 6-8Distance: 1.1 mi
Schools provided by the listing agent
- District: Baltimore City Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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