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Investment Highlights

  • Two Single-Family Rentals on the Same Block — Easier oversight, leasing, and maintenance with both properties in one location.
  • 13.3% Cash-on-Cash Returns — Supported by $3,200 market rents as leases turn over.
  • Tenants Pay All Utilities — Minimizes owner expense and supports stronger cash flow.
  • Across from MedStar Union Memorial + Steps to JHU Homewood Campus

Executive Summary

3305 and 3309 Guilford Avenue present an opportunity to acquire two single-family rental homes on the same block in Baltimore’s Charles Village / Oakenshawe corridor. Each home is configured with four bedrooms and two or more bathrooms, supporting strong rental demand from students, medical professionals, and area employees. The tenants are responsible for all utilities, creating a straightforward operating structure with limited owner expense.
The homes are located directly across from MedStar Union Memorial Hospital and one block from the Johns Hopkins Shuttle, providing direct access to the Homewood Campus, East Baltimore Medical Campus, and Penn Station. The Charles Village Shopping District is one block away, and Johns Hopkins University’s Homewood Campus is just two blocks from the properties. This central location supports consistent leasing demand driven by proximity to major employment and academic institutions, as well as a Walk Score of 94.
Comparable properties in similar condition are achieving rents of approximately $3,200, supporting a path to 13.3% cash-on-cash returns as leases turn over. The offering combines stable in-place income with the ability to increase rents through natural lease cycles in one of Baltimore’s most established rental markets.

Property Facts

Price $854,338 CAD
Price / SF $417.97 CAD / SF
Cap Rate 9.38%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,044 SF
Total Land Area 0.04 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3305 Guilford Ave, Baltimore, MD 21218 Specialty 2,044 SF 1900 -
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  • Listing ID: 40215334

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 2 Single Family Rentals By JHU, Baltimore, MD

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