Property

Baltimore, MD 21229 902 Arion Park Road

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Presented By: Midfield Realty
  • MLS# MDBA2183396
  • 09/11/2025
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  • Beds • 6

Home Details

Financial Highlights The property generates about $7,416 in monthly rent ($89,000 annually) with full occupancy. Pro forma gross income is projected at $117,264 in Year 1, with added upside from laundry and parking. NOI is expected at $64,495 in Year 1 and $74,723 by Year 5, with the cap rate improving from 10.75% to 12.45%, offering strong cash flow and long-term value. Property Highlights 902 Arion Park Rd, Baltimore, MD 21229 is a fully occupied, well-maintained multifamily property with one 1-bedroom, three 2-bedroom, and three 3-bedroom units. All units are lead-free with hardwood and tile flooring. A shared laundry area adds tenant convenience. Location Highlights Located in ZIP 21229 with 44,687 residents, median income of $55,457, and strong rental demand. Nearby are UMBC (10 miles), Coppin State (4 miles), UMB (6 miles), Johns Hopkins (5 miles), and UMMS (28,000+ employees). This prime location ensures consistent demand and stable returns.
Presented By: Midfield Realty

Interior Features for 902 Arion Park Road

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterNatural Gas

General for 902 Arion Park Road

AccessibilityNone
Architectural StyleOther
CityBALTIMORE
Construction MaterialsOther
Cool FuelElectric
CoolingOther
CountyBALTIMORE CITY
DirectionsPlease input into your GPS 902 Arion Park Road, Baltimore MD 21229
Garage Y/NNo
HeatingForced Air
Legal SubdivisionWard 25
Living Area6492
MunicipalityBaltimore City
New ConstructionNo
Number Of Units Total1
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipOther
Possession0-30 Days CD
Price Per Sq Ft Total AG92.42
Property SubtypeOther
Property TypeMulti-Family
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Section01
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeOther
Subdivision NameNONE AVAILABLE
Tax Annual Amount10686.08
Tax Assessed Value452800.0
Tax Lot043
Tax Year2025
Total SQFT6492
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1963
Year Built SourceAssessor
Zoning0

Exterior for 902 Arion Park Road

Land Assessed Value25700.00
Land Use CodeC
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $600,000
MLS#MDBA2183396
List Date 09/11/2025
Property Type Contingent
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