09/04/2026
NEW LISTING: 12 UNITS. 100% OCCUPIED. 8.1% DAY-ONE CAP RATE.
📍 5461 Cedonia Ave | Baltimore, MD
This 12-unit multifamily checks a lot of boxes for an investor looking for immediate cash flow without starting from a vacancy problem.
🔹 12 units | Balanced 1BR/2BR unit mix
🔹 100% occupied
🔹 ~8.1% day-one cap rate
🔹 Private balconies on select units
🔹 All-electric building
🔹 Substantial open land beyond the existing building
📌 Asking Price: $1,200,000
The land is an interesting piece of the story too. There’s a substantial amount of open space beyond the existing structure that could create additional development or expansion potential, subject to zoning approval.
Located near Johns Hopkins, MedStar Franklin Square, Morgan State, parks, retail, and major highways.
📩 Message us or call 410-498-5408 for more details or schedule a showing.