Baltimore, MD 21229,902 ARION PARK RD
See all 19 photos
Baltimore, MD 21229,902 ARION PARK RD
Baltimore, MD 21229,902 ARION PARK RD
Baltimore, MD 21229,902 ARION PARK RD
Baltimore, MD 21229,902 ARION PARK RD
Listed by Yaakov Kanevsky • Midfield Realty
Bought with Mia Hunter-Pappas • Monument Sotheby's International Realty

$618,000

Est. payment /mo

$600,000

3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

902 ARION PARK RD Baltimore, MD 21229

6,492 SqFt

SOLD DATE : 12/23/2025

Key Details

Sold Price $618,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,492 sqft

Price per Sqft $95

Subdivision None Available

MLS Listing ID MDBA2183396

Sold Date 12/23/25

Style Other

Abv Grd Liv Area 6,492

Year Built 1963

Annual Tax Amount $10,686

Tax Year 2025

Property Sub-Type Other

Source BRIGHT

Property Description

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.

Location

State MD

County Baltimore City

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Other

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 6492

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0325017653 043

Ownership Other

SqFt Source 6492

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Emily Holloman

Emily Holloman

Agent | License ID: 0225255248

+1(509) 843-7047

GET MORE INFORMATION

Name
Phone*
Message