USAMDBaltimoreMorell Park2305 Herkimer St
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2305 Herkimer St, Baltimore, MD

House

For Sale

Listed price in listed location currency (USD).
$1,430,000

210

MLS® MDBA2199888

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 816 sqft
Garage 
Taxes $1,614
Days Active 100
Lot Size 
Approx. Age 1895
Avg. Price Per Sqft $1,752
MLS® Number MDBA2199888

Property Address: 2305 Herkimer St, BALTIMORE, MD, 21230-1312

Average square foot calculated using Size range provided by listing agent.

Description

**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 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.
MLS® NumberMDBA2199888
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1895
BasementOther
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,430,000List Price
  • Commute

Commute

Starting Address
Destination Address
2305 Herkimer St, Baltimore, MD

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