RECENTLY UPDATED, FULLY LEASED PORTFOLIO The offering consists of two side-by-side brick duplexes totaling four residential units, with all units currently leased. Recent improvements include flooring, paint, bathroom fixtures, and serviced HVAC systems, providing a solid physical foundation for continued operations while limiting the need for significant immediate capital improvements. ATTRACTIVE IN-PLACE CASH FLOW 1051 & 1053 Desoto Road presents an opportunity to acquire a fully leased four-unit multifamily portfolio for $370,000, generating approximately $29,751 of annual NOI. The offering provides investors with an approximately 8.0% in-place capitalization rate, delivering immediate cash flow from a stabilized, fully occupied residential portfolio. STRATEGIC MORRELL PARK LOCATION Situated in Baltimore's Morrell Park neighborhood, the property offers convenient access to major transportation routes, employment centers, and area amenities. The property is approximately five minutes fromI-95/Beltway access and Ascension Saint Agnes Hospital, eight minutes from I-295, 10 minutes from the west Baltimore MARC station, and 12minutes from Downtown Baltimore. The property is also adjacent to the Wilkens Avenue commercial corridor and within a short walk of Morrell Park Elementary. LOW-COMPLEXITY MULTIFAMILY INVESTMENT The four-unit configuration offers an efficient scale of ownership while maintaining the benefits of a diversified multifamily asset. with 100%occupancy, separately metered gas and electric, four assigned parking spaces, and recent servicing of the HVAC systems, the property provides an ownership profile designed to minimize day-to-day operational complexity. The compact portfolio allows an investor to capture multifamily rental income without the management demands typically associated with larger, more operationally intensive assets.

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Listed by Ari Firoozabadi of Greysteel Company LLC

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Aaron Oelrich participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 27, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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