$6,519 Closing Credit¹
#MDBA2157234, Raphael M Szendro, Listing Office: R&R Executive Realty
$775,000 List price
5801 Narcissus Ave Baltimore, MD 21215
$9,203
Closing credit¹
House
Property details
About 5801 Narcissus Ave
5801 Narcissus Ave is a well-maintained six-unit multifamily property located in a quiet residential neighborhood of Baltimore. Built in 1938, this fully electric property offers tenants modern convenience with separate BGE metering for each unit, ensuring operational efficiency for landlords. Each unit features in-unit washers and dryers, providing added convenience for tenants, while private balconies enhance the overall living experience. The property’s central HVAC system, with all units’ systems under 10 years old, ensures year-round comfort and cost-effective maintenance. Exterior improvements, including new exterior paint and tree removal, enhance curb appeal. The property also offers front and back yard space, a unique feature in urban settings. Financial Highlights The property also offers additional income potential through a storage unit in the back, creating an opportunity to maximize revenue streams. Market comparables indicate renovated rents averaging $1,439/month, presenting a 55% increase from current rental rates. A pro forma analysis suggests potential revenue growth through strategic lease adjustments, with the possibility of achieving just under an 8% cap rate by the end of Year 2. The property is professionally managed with an 8% management fee, ensuring smooth operations and cost efficiency. Investors can expect stable income with appreciation potential in a demand-driven rental market. Location Highlights The property benefits from proximity to major commuter routes such as Reisterstown Road and I-83, providing easy access to surrounding job centers and city hubs. Public transit options, including the Reisterstown Plaza Metro Station, are just a short distance away. For shopping and daily conveniences, Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide multiple retail and grocery options, including The Home Depot and ShopRite. Residents also have access to quality education institutions, with Baltimore City Community College (1.5 miles) and Coppin State University (2.8 miles) nearby. Healthcare needs are met by Sinai Hospital, located just 1.7 miles from the property. This property represents an excellent investment with strong rental performance, efficient operations, and an attractive location that offers tenants both convenience and accessibility.
Highlights
Home typeOther
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Year built1938
ParkingPrivate, Other
MLS #MDBA2156696
Summary
- MLS Number: MDBA2156696
- MLS Name: BRIGHT
- Office Name: Midfield Realty
- Office Phone: (410) 498-5408
- Listing Agent: Menachem M. Dalfin
- Agent Phone: (410) 498-5408
- Agent Email: yaakov@midfieldre.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$775,000
5801 Narcissus Ave
$9,203
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 18, 2020 | Home Sold | $440,000 |
| Jan 08, 2014 | Home Sold | $380,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $387,000 | $9,011 |
| 2023 | $381,833 | $9,011 |
| 2022 | $376,667 | $8,889 |
| 2021 | $371,500 | $8,937 |
| 2020 | $371,500 | $8,767 |
| 2019 | $371,500 | $8,725 |
| 2018 | $378,700 | $8,937 |
| 2017 | $318,433 | $7,515 |
History based on county public records data.
Nearby schools
3
Callaway Elementary School
Public District PK-5
1.3 mi
•3701 Fernhill Ave
3
Milbrook Elementary School
Public District PK-5
1.4 mi
•4300 Crest Heights Rd
3
Wellwood International School
Public Magnet EE-5
1.5 mi
•2901 Smith Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,875. Residents of Baltimore, MD typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
45%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
20%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$6,530 Closing Credit¹
#MDBA2156608, Alexandra I Burrell-Hodges, Listing Office: Cottage Street Realty LLC
$5,047 Closing Credit¹
#MDBA2144996, Deborah T Finkelstein, Listing Office: RE/MAX Premier Associates
$4,749 Closing Credit¹
#MDBA2142718, Raphael M Szendro, Listing Office: R&R Executive Realty
$4,631 Closing Credit¹
#MDBA2152268, CINTIA M VALLADARES HERNANDEZ, Listing Office: EXP Realty, LLC
New - 1 day on Rocket
$3,859 Closing Credit¹
#MDBA2158464, Rotimi M Ojaomo, Listing Office: Accord Realty Inc.
$4,156 Closing Credit¹
#MDBA2134370, Winfield T Willis, Listing Office: Bull Development Company, Inc.
$3,444 Closing Credit¹
#MDBA2154516, Jonathan S Lahey, Listing Office: EXP Realty, LLC
$2,968 Closing Credit¹
#MDBA2152552, Melvern Ledbetter, Listing Office: Keller Williams Legacy
$1,484 Closing Credit¹
#MDBA2138084, Deborah T Finkelstein, Listing Office: RE/MAX Premier Associates
Frequently asked questions
About 5801 Narcissus Ave
This home is located at 5801 Narcissus Ave in Baltimore, MD and zip code 21215 in the Glen neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $775,000.
While more than 185 listings in Baltimore, MD in February 2025 were sold above asking price, there were more than 118 listings sold at asking price, and more than 189 were sold below. The number of homes for sale in Baltimore, MD increased by 10.3% between January and February 2025. In February 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $230,281.
From Rocket Homes Real Estate and based on county public records data.