1051-1053 DESOTO ROAD, BALTIMORE, MD 21223
MORRELL PARK · BALTIMORE CITY County
Key Facts
Description
Rare investment opportunity to acquire a contiguous 4-unit portfolio consisting of two side-by-side brick duplexes at 1051 and 1053 Desoto Rd in Baltimore’s Morrell Park area. This package generates combined gross monthly income of approximately $4,500, or approximately $54,000 per year, with immediate turn-key rental performance. The properties feature consistent occupancy, separately metered gas and electric, public water and sewer, solar energy service through Sunrun, and recent updates including flooring, interior paint, bathroom fixtures, and serviced HVAC systems. 1053 Desoto is an end-unit property, while 1051 Desoto is the adjoining center-unit property. The portfolio sits at the corner of Cowan Rd and Desoto Rd, with Desoto Rd located off Wilkens Avenue. The location is minutes from Ascension Saint Agnes Hospital, I-95, I-295, MARC access, and nearby commuter routes. Both properties offer private rear space and are being sold as-is. Lead Risk Reduction Certificates are available.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Structure Type
Townhouse
Year Built
1942
Living Area
2,432 sq ft
Lot Size
0.14 acres
Lot Dimensions
49x122'6
Parking Spaces
4
Zoning
R-6
Days on Market
79
MLS® Listing#
MDBA2212750
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Pool
Parking
Patio
Construction
Foundation
Roof
Windows
Community
Utilities
Sewer
Water Source
Schools
- District:
- BALTIMORE CITY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$2,429
Tax year 2025
Assessed Value
$110,600
Parcel Number
0325027772 048Q- 0325027772048P
Directions
From downtown Baltimore, take West Baltimore Street west, continue onto Frederick Avenue, then turn onto Desoto Road and proceed to 1053 Desoto Rd.
Affordability Calculator
$74,000
Estimated monthly payment
$1,969/mo
Principal $296,000 · Est. interest $412,946 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in BALTIMORE, MD
- $230,209
- Median Listing Price
- 57
- Median Days on Market
- 1,496
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 3,449
- Active Listings
- This home’s price is 61% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.
Location
- 1051-1053 DESOTO ROAD, BALTIMORE, MD 21223
Points of Interest in BALTIMORE, MD
Showing the BALTIMORE area map.
Nearby Schools
Holy Angels Catholic School
School · 0.2 mi away
Seton Keough High School
Secondary · 0.2 mi away
Violetville Elementary/Middle
Elementary · 0.6 mi away
Frederick Elementary School
Elementary · 0.8 mi away
The Seed School of Maryland
Secondary · 0.8 mi away
Unselds' School
Elementary · 0.8 mi away
Sarah M. Roach Elementary School
Elementary · 0.9 mi away
Morrell Park Community Center
Elementary · 0.9 mi away
Baltimore Academy
School · 1.2 mi away
The Delrey School
School · 1.4 mi away
Mount Clare Christian School
School · 1.4 mi away
Mount Saint Joseph High School
Secondary · 1.4 mi away
Baltimore City Schools
Elementary · 1.5 mi away
Mary Ann Winterling Elementary School
Elementary · 1.5 mi away
Southwest Baltimore Charter School
Elementary · 1.5 mi away
Steuart Hill Elementary School
Elementary · 1.5 mi away
Westport Academy
School · 1.6 mi away
Mary E. Rodman Elementary School
Elementary · 1.6 mi away
Lansdowne Elementary School
Elementary · 1.6 mi away
Charles Carroll Barrister Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in BALTIMORE
Listing Courtesy: Homecoin.com - 8884002513