3211 Batavia Ave Baltimore, MD 21214
Waltherson NeighborhoodEstimated payment $6,581/month
Highlights
- 0.53 Acre Lot
- No HOA
- Chairlift
- Traditional Architecture
- Level Entry For Accessibility
- 90% Forced Air Heating and Cooling System
About This Home
$8,603 Monthly NOI with Tenant in Place Through August 2030! Rare opportunity to acquire a renovated income-producing property with a long-term lease already in place. The current tenant is secured through August 31, 2030, providing immediate cash flow and operational continuity from day one. Unlike many residential investments, the tenant is responsible for utilities, maintenance, and replacement of major building systems, including HVAC and water heating equipment. This structure reduces owner involvement, limits capital expenditure exposure, and creates a more passive ownership experience than typical residential rental property. Renovated in 2024, the 3,805-square-foot building is configured across nine bedrooms and features durable finishes designed for high-occupancy use. Improvements include a modern kitchen with granite and laminate countertops, wood cabinetry, multiple refrigerators, gas cooking, updated baths, laminate flooring, chairlifts, an ADA-accessible entry ramp, and a full sprinkler system. Mechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted heat pump with independent thermostat, a 50-gallon electric water heater, and updated C-PVC and PVC plumbing. Located in the owner-occupied Hamilton-Waltherson neighborhood, just off Harford Road, the property offers convenient access to I-95, I-695, Downtown Baltimore, and numerous employment centers throughout the region. Investment Summary
• $1,100,000 Purchase Price
• $103,237 Current NOI
• $8,603 Monthly NOI
•9.39% Cap Rate
•12.0% Projected Cash-on-Cash Return
• Tenant in Place Through 8/31/2030
Listing Agent
(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc. Brokerage Phone: 4102359500 Listed on: 06/05/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,489
Year Built
- Built in 1920 | Remodeled in 2024
Lot Details
- 22,896 Sq Ft Lot
- Lot Dimensions are 108' x 212
- Property is in very good condition
- Property is zoned R-3, Permitted for recovery center for up to 16 resients.
Home Design
- Traditional Architecture
- Stone Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 3,805 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 54 Parking Spaces
- 54 Driveway Spaces
Accessible Home Design
- Chairlift
- Level Entry For Accessibility
- Ramp on the main level
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- 200+ Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
- Hamilton Subdivision
Listing and Financial Details
- Tax Lot 009
- Assessor Parcel Number 0327025798 009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,458 | $274,967 | ||
| 2024 | $6,043 | $257,300 | $55,900 | $201,400 |
| 2023 | $5,409 | $230,300 | $0 | $0 |
| 2022 | $4,798 | $203,300 | $0 | $0 |
| 2021 | $4,161 | $176,300 | $55,900 | $120,400 |
| 2020 | $3,820 | $176,300 | $55,900 | $120,400 |
| 2019 | $3,801 | $176,300 | $55,900 | $120,400 |
| 2018 | $5,107 | $235,400 | $55,900 | $179,500 |
| 2017 | $5,164 | $235,400 | $0 | $0 |
| 2016 | $6,135 | $235,400 | $0 | $0 |
| 2015 | $6,135 | $236,200 | $0 | $0 |
| 2014 | $6,135 | $215,767 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2026 06/13/26 | Price Changed | $1,100,000 | -8.3% | $289 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $1,200,000 | -- | $315 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $140,000 | Dulaney Title & Escrow Llc | |
| Deed | $104,000 | None Available | |
| Deed | $79,500 | New World Title Co Llc | |
| Trustee Deed | $79,500 | New World Title Co Llc | |
| Deed | $68,100 | Tiger Title Llc | |
| Deed | $111,550 | -- | |
| Deed | $111,550 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Previous Owner | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $1,071 | Purchase Money Mortgage | |
| Previous Owner | $111,678 | FHA |
Source: Bright MLS
MLS Number: MDBA2218312
APN: 5798-009
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