1407 W Ostend St W, BALTIMORE, MD

$130,000

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1,248

Square feet

About 1407 W Ostend St W

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

Features of 1407 W Ostend St W

MLS® # MDBA2188142
Price $130,000
Bathrooms 0.00
Square Footage 1,248
Acres 0.00
Year Built 1898
Type Multi-Family
Sub-Type Other, Interior Row/Townhouse
Style Federal
Status Active

Community Information

Address 1407 W Ostend St W
Subdivision NONE AVAILABLE
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21223

Amenities

Is Waterfront No

Interior

Heating Other
Cooling None
Has Basement Yes
Basement Other
Fireplace No

Exterior

Exterior Brick and Siding
Foundation Other

School Information

District BALTIMORE CITY PUBLIC SCHOOLS

Additional Information

Date Listed October 21st, 2025
Days on Market 2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMidfield Realty
Contact Info4104985408

Listing Map

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