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Executive Summary

LIST PRICE IS THE STARTING BID OF THE AUCTION
Auction Begins 05/15 10:00 AM, Auction Ends 05/19 11:00 AM
Deposit: $50,000. Deposit must increase to 10% of total purchase price within 48 hours.
6% Buyer's Premium
Free and clear title
12 Individual Apartments | Upper Marlboro, Maryland | Prince George's County
Large Apartment building located in Upper Marlboro, Maryland within Prince George's County. Residents can enjoy the nearby attractions such as Patuxent River Park, Mount Calvert Historical & Archaeological Park, Jug Bay Wetlands Sanctuary, Maryland-National Capital Park, Billingsley House Museum, Rosaryville State Park, & +/- 23 miles to Washington DC. The property contains 12 different units, water tower (inactive), pressure tank and fire suppression system. One furnace is in each unit. Property is 92% occupied (as of May 4th, 2026). Easy Access to Crain Hwy. See below for more information:
Total Potential Monthly Rent: $22,250
Total Potential Annual Rent: $267,000
Utilities: (Landlord pays all utilities)
-Hot water heater
-Electric Heating
Parking:
-(15) Lined parking spaces
-(7/8) Additional parking spaces on the driveway
-Large parking lot in the rear of the property (approx. 30 spaces)
15470 Mount Calvert Road - Vacant
Previously rented for $2,000/mo
Believed to be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
-(1) Half Bathroom
Upper Level:
-(3) Bedrooms
-(2) Full Bathrooms
15472 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,900/mo
Scheduled Annual Rent: $22,800/yr
Lease Term: 06/19/2025 to 06/31/2026
Believed to Contain:
-Living area
-Dining area
-Kitchen
-(1) Half Bathroom
-(3) Bedrooms
-(2) Full Bathrooms
15474 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,900/mo
Scheduled Annual Rent: $22,800/yr
Lease Term: 06/01/2025 to 05/31/2026
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
-(1) Half Bathroom
Upper Level:
-(3) Bedrooms
-(2) Full Bathrooms
15476 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,900/mo
Scheduled Annual Rent: $22,800/yr
Lease Term: 07/01/2025 to 06/31/2026
Believed to Contain:
-Living area
-Dining area
-Kitchen
-(1) Half Bathroom
-(3) Bedrooms
-(2) Full Bathrooms
15478 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $2,000/mo
Scheduled Annual Rent: $24,000/yr
Lease Term: Month-to-Month
Believed to Contain:
-Living area
-Dining area
-Kitchen
-(1) Half Bathroom
-(3) Bedrooms
-(2) Full Bathrooms
15484 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,750/mo
Scheduled Annual Rent: $21,000/yr
Lease Term: 12/25/2025 to 12/31/2026
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
Upper Level:
-(2) Bedrooms
-(1) Full Bathrooms
15486 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,800/mo
Scheduled Annual Rent: $21,600/yr
Lease Term: Month-to-Month
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
-(1) Half Bathroom
Upper Level:
-(3) Bedrooms
-(1) Full Bathrooms
15488 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,800/mo
Scheduled Annual Rent: $21,600/yr
Lease Term: Month-to-Month
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
-(1) Half Bathroom
Upper Level:
-(3) Bedrooms
-(1) Full Bathrooms
15492 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,700/mo
Scheduled Annual Rent: 20,400/yr
Lease Term: Month-to-Month
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
Upper Level:
-(2) Bedrooms
-(1) Full Bathrooms
15494 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,900/mo
Scheduled Annual Rent: $22,800/yr
Lease Term: Month-to-Month
Believed to Contain:
-Living area
-Dining area
-Kitchen
-(2) Bedrooms
-(1) Full Bathrooms
15496 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,900/mo
Scheduled Annual Rent: $22,800/yr
Lease Term: 07/18/2025 to 07/31/2026
Believed to Contain:
-Living area
-Dining area
-Kitchen
-(2) Bedrooms
-(1) Full Bathrooms
19498 Mount Calvert Road - Rented
Rental Information:
Scheduled Monthly Rent: $1,700/mo
Scheduled Annual Rent: $20,400/yr
Lease Term: Month-to-Month
Believed to Be Set Up As:
Main Level:
-Kitchen
-Living area
-Dining area
Upper Level:
-(2) Bedrooms
-(1) Full Bathrooms
-Bonus Room

Property Facts

Price $1,029,360 CAD
Price Per Unit $85,780 CAD
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 3.73 AC
Building Size 18,000 SF
Average Occupancy 92%
No. Stories 2
Year Built 1965
Parking Ratio 0.83/1,000 SF
Zoning AG - AG – Agriculture – Non-Confirming Use for 12 Apartment Units

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - 1,000
3+1 4 - 1,200
3+2.5 5 - 1,200
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
03-0246520
Land Assessment
$222,891 CAD
Improvements Assessment
$536,228 CAD
Total Assessment
$759,119 CAD
  • Listing ID: 40527215

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 15488 Mount Calvert Rd, Upper Marlboro, MD 20772

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