902 Arion Park Rd
Description
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,...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.
- Listed by Yaakov Kanevsky • Midfield RealtyP: (410)-324-6939 showings@midfieldre.com
Property Details for 902 Arion Park Road
Property Details for 902 Arion Park Road
| Status | Closed |
|---|---|
| MLS # | MDBA2183396 |
| Days on Market | 16 |
| Taxes | $10,686 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Other |
| Year Built | 1963 |
| Lot Size | - |
| County | Baltimore Independent City |
Location
Sold By Monument Sotheby's International Realty
Building Information for 902 Arion Park Road
Payment Calculator
$3,970 per month
30 year fixed, 6.36% Interest
$3,080
$891
$0
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1Property Information for 902 Arion Park Road
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $452,800
- City Town Tax: $10,179
- Land Assessed Value: $25,700
- Clean Green Assessed: No
- Land Use Code: C
- Section: 01
- Zoning: 0
- Tax Lot: 043
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 1
- Building Units Total: 1
- Total Finished SQFT: 6,492.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 6,492.00
- Total SQFT: 6,492.00
- Total SQFT Source: Assessor
- Construction Materials: Other
- Other Structure: Above Grade, Below Grade
- Parcel ID: 13031977
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Other
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Property History for 902 Arion Park Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 23, 2025 | Closed BRIGHT #MDBA2183396 | $618,000 | — |
| Dec 16, 2025 | Closed (Public Record) Public Record #1930177802 | $618,000 | — |
| Dec 16, 2025 | Closed (Public Record) Public Record #1942577492 | $618,000 | +4.6% / yr |
| Sep 25, 2025 | Pending BRIGHT #MDBA2183396 | — | |
| Sep 25, 2025 | Active Under Contract BRIGHT #MDBA2183396 | — | |
| Sep 11, 2025 | Listed (Active) BRIGHT #MDBA2183396 | $600,000 | — |
| Jun 19, 2017 | Closed BRIGHT #1001159449 | $422,500 | — |
| Jun 16, 2017 | Closed (Public Record) Public Record #599404251 | $422,500 | +3.5% / yr |
| Apr 15, 2017 | Pending BRIGHT #1001159449 | — | |
| Nov 9, 2016 | Listed (Active) BRIGHT #1001159449 | $450,000 | — |
| Oct 3, 2012 | Closed (Public Record) Public Record #339510301 | $360,000 | — |
| Oct 3, 2012 | Closed BRIGHT #1003951626 | $360,000 | — |
| Jun 30, 2012 | Pending BRIGHT #1003951626 | — | |
| Apr 20, 2012 | Listed (Active) BRIGHT #1003951626 | $399,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/23/2025 | Closed BRIGHT #MDBA2183396 | $618,000 |
| 12/16/2025 | Closed (Public Record) Public Record #1930177802 | $618,000 |
| 12/16/2025 | Closed (Public Record) Public Record #1942577492 | $618,000 +4.6% / yr |
| 09/25/2025 | Pending BRIGHT #MDBA2183396 | — |
| 09/25/2025 | Active Under Contract BRIGHT #MDBA2183396 | — |
| 09/11/2025 | Listed (Active) BRIGHT #MDBA2183396 | $600,000 |
| 06/19/2017 | Closed BRIGHT #1001159449 | $422,500 |
| 06/16/2017 | Closed (Public Record) Public Record #599404251 | $422,500 +3.5% / yr |
| 04/15/2017 | Pending BRIGHT #1001159449 | — |
| 11/09/2016 | Listed (Active) BRIGHT #1001159449 | $450,000 |
| 10/03/2012 | Closed (Public Record) Public Record #339510301 | $360,000 |
| 10/03/2012 | Closed BRIGHT #1003951626 | $360,000 |
| 06/30/2012 | Pending BRIGHT #1003951626 | — |
| 04/20/2012 | Listed (Active) BRIGHT #1003951626 | $399,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 902 Arion Park Road
Schools near 902 Arion Park Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Violetville Elementary/Middle School PublicPK to 8 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
Frederick Douglass High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Midfield Realty
© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/24/2025 05:23 PM