Baltimore, MD 21218 442 E Lorraine Avenue
$1,430,000
Presented By: Midfield Realty
Home Details
**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 12 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.
Presented By: Midfield Realty
Interior Features for 442 E Lorraine Avenue
Bedrooms
Main Level Bedrooms3
Total Bedrooms3
Bathrooms
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT672
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1344
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther
General for 442 E Lorraine Avenue
AccessibilityOther
Architectural StyleOther
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
CityBALTIMORE
Condo/Coop Association fee Y/NNo
Construction MaterialsBrick
Cool FuelOther
CoolingOther
CountyBALTIMORE CITY
DirectionsPlease use GPS
Full Baths1
Garage Y/NNo
HOANo
HeatingRadiator
Legal SubdivisionWard 12
Levels2
Living Area1344
MunicipalityBaltimore City
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipOther
Possession0-30 Days CD
Price Per Sq Ft Total AG1063.99
Property TypeResidential
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Section17
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameHARWOOD
Tax Annual Amount2478.0
Tax Assessed Value105000.0
Tax Lot047
Tax Year2025
Total SQFT2016
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningR-8
Exterior for 442 E Lorraine Avenue
Land Assessed Value40000.00
Land Use CodeR
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces
Type of ParkingNone
Water Oriented Y/NNo
Water SourceOther
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
John Nesselhauf
Agent
Price
$1,430,000
MLS#MDBA2199894
List Date
02/02/2026
Property Type
Single Family
Phone
(281) 702-7002
SQFT • 1,344