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MLS: #MDBA2199888, Listed By: Yaakov Kanevsky, Midfield Realty, Source:Bright MLS

2305 Herkimer Street

BALTIMORE, MD 21230
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Bed 2

Bed

Bath 1

Bath

SqFt816

Sqft

**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family 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 Ho pkins 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,430,000

AD Id : 74920592

MLS Id : MDBA2199888

Beds : 2

Living Area Size : 816

Year Built : 1895

County : BALTIMORE CITY

Subdivision: Morell Park

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Other
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1895 Building Area Total: 1176 Construction Materials: Other Stories: 2 Pool Features: None Private Pool: No

  • Property Information

    Subdivision: MORELL PARK Source Property Type: Residential Postal Code Plus 4: 1312 Property SubType: Townhouse Levels: Two Property Age: 131

  • Listing Price Information

    Listing Price: $1430000

  • Tax Information

    Parcel Number: 0325037805B027 Tax Lot: 027 Tax Year: 2025 Annual Tax: $1614.24

  • Parking Information

    On Street

  • Utility Information

    Natural Gas Available
  • Location Information

    Direction: Please use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Kloman St & Waterview A.., Baltimore, MD, 21230 $599,990 3 5 2,600 2,600 SqFt
Kloman St & Waterview A.., Baltimore, MD, 21230 $464,990 3 5 2,230 2,230 SqFt
Waterview Ave & Kloman .., Baltimore, MD, 21230 $349,990 3 4 1,600 1,600 SqFt
HOMESITE 196 Ferry Bar .., Baltimore, MD, 21230 $769,113 3 5 2,550 2,550 SqFt
TBB W Peninsula Drive #.., Baltimore, MD, 21230 $674,990 3 4 2,504 2,504 SqFt
HOMESITE 185 Ferry Bar .., Baltimore, MD, 21230 $788,126 4 5 2,550 2,550 SqFt
TBB Crown Street #BRIDG.., Baltimore, MD, 21230 $534,990 2 4 2,061 2,061 SqFt
TBB Ferry Bar Drive #WA.., Baltimore, MD, 21230 $1,074,990 3 4 3,050 3,050 SqFt
Kloman St & Waterview A.., Baltimore, MD, 21230 $409,990 3 4 2,075 2,075 SqFt
1309 Andre Street, Baltimore, MD, 21230 $359,900 3 3 1,062 1,062 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/08/2026 @ 08:23

MLS: MDBA2199888 LISTED BY: Yaakov Kanevsky, Midfield Realty 410-498-5408 SOURCE: Bright MLS

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