$600,000
UNDER CONTRACT

902 Arion Park Rd Baltimore, MD 21229

Violetville Neighborhood

Estimated payment $4,047/month

Total Views 3,062
-- Bed
-- Bath
6,492 Sq Ft
$92 Price per Sq Ft

About This Home

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.

Listing Agent

Yaakov Kanevsky

(347) 845-5358 yaakov@midfieldre.com Midfield Realty Listed on: 09/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,686

Year Built

  • Built in 1963

Parking

  • On-Street Parking

Home Design

  • 6,492 Sq Ft Home

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 0325017653 043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,686

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 6492
  • Living Area Sq Ft: 6492
  • Price Per Sq Ft: 92.42
  • Above Grade Finished Sq Ft: 6492
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10686.08
  • Assessor Parcel Number: 0325017653 043
  • Tax Lot: 043
  • Tax Year: 2025

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
09/11/2025 09/11/25 For Sale $600,000 +42.0% $92 / Sq Ft
06/19/2017 06/19/17 Sold $422,500 -6.1% $65 / Sq Ft View Prior Sale
04/15/2017 04/15/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $450,000 +2.3% $69 / Sq Ft
02/07/2017 02/07/17 For Sale $440,000 0.0% $68 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/24/2017 01/24/17 Price Changed $440,000 -2.2% $68 / Sq Ft
01/19/2017 01/19/17 Price Changed $450,000 +3.4% $69 / Sq Ft
01/19/2017 01/19/17 For Sale $435,000 0.0% $67 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/23/2016 11/23/16 Price Changed $435,000 -3.3% $67 / Sq Ft
11/09/2016 11/09/16 For Sale $450,000 +25.0% $69 / Sq Ft
10/03/2012 10/03/12 Sold $360,000 -10.0% $55 / Sq Ft View Prior Sale
06/30/2012 06/30/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $399,900 -- $62 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: MDBA2183396

Bright MLS
Maryland Baltimore City County Baltimore 21229 Violetville

902 Arion Park Rd, Baltimore, MD

Under Contract

MultiFamily

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Yaakov Kanevsky
Listing Agent
Yaakov Kanevsky
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Midfield Realty
(301) 494-8653