$604,200
SOLD AUG 22, 2025

5801 Narcissus Ave Baltimore, MD 21215

Glen Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Recently Sold

22% Below List Price

114 Days on Market

About This Home

As of August 2025

5801 Narcissus Ave is a well-maintained six-unit multifamily property located in a quiet residential neighborhood of Baltimore. Built in 1938, this fully electric property offers tenants modern convenience with separate BGE metering for each unit, ensuring operational efficiency for landlords. Each unit features in-unit washers and dryers, providing added convenience for tenants, while private balconies enhance the overall living experience.

The property’s central HVAC system, with all units’ systems under 10 years old, ensures year-round comfort and cost-effective maintenance. Exterior improvements, including new exterior paint and tree removal, enhance curb appeal. The property also offers front and back yard space, a unique feature in urban settings.

Financial Highlights

The property also offers additional income potential through a storage unit in the back, creating an opportunity to maximize revenue streams.
Market comparables indicate renovated rents averaging $1,439/month, presenting a 55% increase from current rental rates. A pro forma analysis suggests potential revenue growth through strategic lease adjustments, with the possibility of achieving just under an 8% cap rate by the end of Year 2. The property is professionally managed with an 8% management fee, ensuring smooth operations and cost efficiency. Investors can expect stable income with appreciation potential in a demand-driven rental market.

Location Highlights

The property benefits from proximity to major commuter routes such as Reisterstown Road and I-83, providing easy access to surrounding job centers and city hubs. Public transit options, including the Reisterstown Plaza Metro Station, are just a short distance away.

For shopping and daily conveniences, Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide multiple retail and grocery options, including The Home Depot and ShopRite. Residents also have access to quality education institutions, with Baltimore City Community College (1.5 miles) and Coppin State University (2.8 miles) nearby. Healthcare needs are met by Sinai Hospital, located just 1.7 miles from the property.

This property represents an excellent investment with strong rental performance, efficient operations, and an attractive location that offers tenants both convenience and accessibility.

Last Agent to Sell the Property

Mendel Dalfin

Midfield Realty Listed on: 02/18/2025

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,133

Year Built

  • Built in 1938 | Remodeled in 2007

Lot Details

  • Corner Lot

Parking

  • Private Parking

Home Design

  • Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Glen Oaks Subdivision

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number 0327234429D014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,133

Year Built

Built in 1938 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1938
  • Year Renovated: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: 5801 Narcissus Ave is a well-maintained six-unit multifamily property located in a quiet residential neighborhood of Baltimore. Built in 1938, this fully electric property offers tenants modern convenience with separate BGE metering for each unit, ensuring operational efficiency for landlords. Each unit features in-unit washers and dryers, providing added convenience for tenants, while private balconies enhance the overall living experience. The property’s central HVAC system, with all units’ systems under 10 years old, ensures year-round comfort and cost-effective maintenance. Exterior improvements, including new exterior paint and tree removal, enhance curb appeal. The property also offers front and back yard space, a unique feature in urban settings. Financial Highlights The property also offers additional income potential through a storage unit in the back, creating an opportunity to maximize revenue streams. Market comparables indicate renovated rents averaging $1,439/month, presenting a 55% increase from current rental rates. A pro forma analysis suggests potential revenue growth through strategic lease adjustments, with the possibility of achieving just under an 8% cap rate by the end of Year 2. The property is professionally managed with an 8% management fee, ensuring smooth operations and cost efficiency. Investors can expect stable income with appreciation potential in a demand-driven rental market. Location Highlights The property benefits from proximity to major commuter routes such as Reisterstown Road and I-83, providing easy access to surrounding job centers and city hubs. Public transit options, including the Reisterstown Plaza Metro Station, are just a short distance away. For shopping and daily conveniences, Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide multiple retail and grocery options, including The Home Depot and ShopRite. Residents also have access to quality education institutions, with Baltimore City Community College (1.5 miles) and Coppin State University (2.8 miles) nearby. Healthcare needs are met by Sinai Hospital, located just 1.7 miles from the property. This property represents an excellent investment with strong rental performance, efficient operations, and an attractive location that offers tenants both convenience and accessibility.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5801

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: M
  • Lot Features: Corner
  • Year Assessed: 2025
  • Zoning: R-4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9133.20
  • Assessor Parcel Number: 0327234429D014
  • Tax Lot: 014
  • Tax Year: 2025
  • Close Date: 08/22/2025

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $604,200 -22.0% --
06/17/2025 06/17/25 For Sale $775,000 0.0% --
06/01/2025 06/01/25 Off Market $775,000 -- --
02/18/2025 02/18/25 For Sale $775,000 0.0% --
05/18/2021 05/18/21 Rented $825 0.0% --
05/08/2021 05/08/21 For Rent $825 0.0% --
01/07/2014 01/07/14 Sold $380,000 -34.5% --
11/06/2013 11/06/13 Pending -- -- --
08/15/2008 08/15/08 For Sale $579,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mendel Dalfin

    Seller's Agent in 2025

    Mendel Dalfin

    Midfield Realty

    (410) 498-5408

    2 in this area

    47 Total Sales

    Mendel Dalfin
    Section Image
  • Chris Kouimanis

    Seller's Agent in 2021

    Chris Kouimanis

    Century 21 Downtown

    (443) 904-5564

    32 Total Sales

    Chris Kouimanis
    Section Image
  • Adam Shpritz

    Seller's Agent in 2014

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    3 in this area

    3,920 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2014

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    3 in this area

    3,817 Total Sales

    Lee Shpritz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2156696

Bright MLS

APN: 27-23-4429D-014

Maryland Baltimore City County Baltimore 21215 Glen

5801 Narcissus Ave, Baltimore, MD

This home is located at 5801 Narcissus Ave, Baltimore, MD 21215 and is currently priced at $604,200. This property was built in 1938. 5801 Narcissus Ave is a home located in Baltimore City with nearby schools including Cross Country Elementary School, Booker T. Washington Middle School, and Forest Park High School.

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