3941 Lowndes Avenue is a detached four-unit apartment building offered at $73,750 per unit with a projected 13.9% return on investment based on market rent stabilization. The property presents a clear value-add opportunity driven by below-market in-place rents and lease-up of a recently renovated vacant unit. The building is comprised of two three-bedroom apartments, one one-bedroom apartment, and one studio apartment — a desirable unit mix anchored by larger layouts that support stronger rent potential. The top-floor three-bedroom apartment, which includes a large covered porch, has been recently turned and features refinished hardwood floors, presenting an immediate lease-up opportunity. Apartments feature plaster walls and ceilings, hardwood flooring in living areas, and vinyl flooring in kitchens and baths. Kitchens include laminate countertops and wood cabinetry with 30? gas ranges and stainless-steel sinks. Bathrooms include mostly modern vanities, with a mix of cast-iron tubs with vinyl surrounds and one claw-foot tub. 3941 Lowndes Avenue is heated by a central Slant/Fin gas-fired boiler with radiator distribution. Hot water is provided by four gas-fired water heaters (30–40 gallon capacity). The building is separately metered with four electric meters and five gas meters, supporting straightforward utility management. A savvy landlord could implement a bill-back system for heating costs and water/sewer, improving cash flow. Located approximately one mile from Northwood Commons — anchored by Lidl and supported by retailers including Chipotle Mexican Grill, IHOP, and Local Fry — the property benefits from everyday retail convenience. It is also approximately 1.25 miles from Morgan State University, which has experienced a 55.5% enrollment increase over the past five years, supporting sustained off-campus housing demand. Current monthly rent of approximately $2,180 compares to estimated market rent potential of roughly $4,400, representing approximately $2,220 in monthly upside (over $26,000 annually) through targeted interior improvements and stabilization. This offering provides investors with an attractive entry basis, strong projected returns, and a clearly defined path to income growth.