3433 Guilford Ter - Multi-Family FOR SALE


Baltimore, MD 21218- Oakenshawe
$585,000 USD
410-235-9500
3433 Guilford Ter, Baltimore, MD for Sale
$585,000 USD
Multi-Family - FOR SALE
1/33
null | 7.84% Cap Rate

3433 Guilford Ter
Baltimore, MD 21218
Oakenshawe


HIGHLIGHTS

  • Hopkins-Driven Rental Corridor – Walkable to Johns Hopkins Homewood Campus and Union Memorial Hospital.
  • Limited Multifamily Supply – Four-unit asset in a tightly held, primarily owner-occupied North Baltimore submarket.
  • Stable Tenancy – Nearly three-year average occupancy, reinforced by natural light, on-site laundry, private porch access, and a landscaped rear yard.

OVERVIEW

3433 Guilford Terrace is a four-unit apartment building offered at $585,000 ($146,250 per unit) in Baltimore’s Oakenshawe neighborhood, a predominantly owner-occupied area where multifamily properties rarely become available. Based on market rents, the property projects a 7.85% cap rate, offering investors the opportunity to increase income through measured rent adjustments and light upgrades over time. The property benefits from proximity to Johns Hopkins University’s Homewood Campus and Union Memorial Hospital, two major institutional anchors that consistently support rental demand in North Baltimore. The building contains four one-bedroom apartments with strong natural light from southern exposure and efficient layouts attractive to long-term tenants. The first-floor apartment was renovated in 2019 and includes hardwood flooring, granite countertops, stainless steel appliances, in-unit laundry, a separate heat pump and water heater, and a private screened porch. The second-floor apartment includes a private balcony, and all tenants share access to a large landscaped rear yard. Shared laundry is available for the remaining apartments. The property is served by 400-amp electric service with five meters, individual electric heat pumps for two units, and radiator heat supplied by a gas-fired Weil-McLain hot water boiler for the upper apartments. One shared 50-gallon water heater serves three apartments, while the first-floor apartment has its own unit. The owner also provides building-wide internet service at approximately $60 per month ($15 per unit), offering an additional tenant amenity at minimal cost. Located on a quiet, tree-lined block, the property carries a Walk Score of 90 and is within walking distance of Johns Hopkins University, Union Memorial Hospital, Charles Village retail, the year-round Waverly Farmers Market, and the Waverly branch of the Baltimore Public Library. These neighborhood amenities, combined with strong institutional employment anchors, support consistent occupancy and long-term rent growth. 3433 Guilford Terrace represents a rare multifamily opportunity in Oakenshawe, offering a stable income-producing asset with the potential to align rents with market levels in a tightly held North Baltimore submarket.

FOR SALE DETAILS

PRICE

$585,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

4

PRICE/UNIT

$146,250

CAP RATE

7.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

0R060

APN/PARCEL ID

3732B-011

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.