3921 Old York Road, Baltimore, MD 21218 - Photo 1

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1/23

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$325,000 Just Listed

For Sale
Active
Single Family
10 Beds
2 Full Baths
3,844 Sq. Ft.
Updated 4 hours ago

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1/23

Property Description

"¢ 16.1% Projected Cash-on-Cash Return "¢ $2,953 Projected Monthly NOI "¢ Licensed 10-Room Congregate Housing Facility 3921 Old York Road offers a unique opportunity to acquire a licensed 10-room congregate housing facility with projected annual Net Operating Income of $35,438, or $2,953 per month, when operated at full capacity under the current operating model. Based on the financing assumptions contained in the offering materials, the property projects a 10.9% cap rate and 16.1% cash-on-cash return. The building includes ten private rooms, an administrative office, two ADA-accessible rooms, shared kitchen and laundry facilities, and a fire sprinkler system. This configuration supports a variety of housing models, including workforce housing, shared housing, transitional housing, senior housing, and other congregate living arrangements permitted by law. Located near the 33rd Street, Waverly, and Greenmount Avenue commercial corridor, residents have convenient access to Giant Food, retail shopping, laundromats, dining, and public transportation. Investors seeking strong projected cash flow, existing licensing, and flexible housing opportunities will find a compelling opportunity at 3921 Old York Road.

Full Property Details

Full Property Details for 3921 Old York Rd

General

Price: $325,000
Taxes: $3,264 (2025)
Status: Active
Type: Single Family
Source: BrightMLSMidAtlantic
MLS ID: MDBA2218616
Updated: Today (6/8/2026)
Added to Site: Today

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Upper Floor Baths: 1
Upper - Full Baths: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 10
Bedrooms Upper: 7
Bedrooms Main & Up: 3

Parking

Parking Type: None

Location

Municipality: Baltimore City
County: BALTIMORE CITY
Subdivision: PEN LUCY
Cross Streets: Lowndes Avenue
Driving Directions: GPS
City Limits: Yes

School Information

School District: Baltimore City Public Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Electric
Heating Type: Other
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Converted Dwelling
Structure Type: Detached
Construction: Frame
Basement: Yes
Basement Desc.: Partial
Foundation: Stone
Roof: Asphalt
Stories Description: Main, Upper 1
Square Feet: 3,844
Sq. Ft. Source: Assessor
Living Area: 2,616 Sq. Ft.
Finished Above Grnd: 2,616 Sq. Ft.
Year Built: 1930
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,000
Lot Size Source: Assessor
Lot Dimensions: 100' x 40'
Zoning: R-7

Financial Considerations

Price Per Sq. Ft.: $124.24
Ground Rent: $96
Assessment Year: 2026
City/TownTax: $3,109
City/TownTax Freq: Annually
County Tax: $155
County Tax Freq: Annually
Tax w/Assessment: $140,700
Tax Amount: $3,264
Tax Year: 2025
Tax Total Finished Sq. Ft.: 2616

Disclosures and Reports

Ownership: Ground Rent
Exclusions: Tenant's possessions.
Inclusions: 1 stacked washer and dryer, 1 refrigerator, 1 oven,
Section: 1
Lot Number: 28

Listed by Ben Frederick Realty, Inc., Will A Cannon III

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Listing agent

— 3921 Old York Rd —

Will A Cannon III

Ben Frederick Realty, Inc.

Listing Office Email: info@benfrederick.com

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Schools

Schools serving 3921 Old York Rd

School District:Baltimore City Public Schools

Name	Grades	Distance
Guilford Elementary/Middle School 4520 York Road, Baltimore, MD 21212	PK-8	0.5 mi
Baltimore I.T. Academy 900 Woodbourne Avenue, Baltimore, MD 21212	6-8	1.2 mi
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218	6-8	1.2 mi
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211	6-12	1.7 mi
Mergenthaler Vocational-Technical High School 3500 Hillen Road, Baltimore, MD 21218	9-12	0.9 mi
Baltimore City College 3220 The Alameda, Baltimore, MD 21218	9-12	1 mi
The Reach! Partnership School 2555 Harford Road, Baltimore, MD 21218	8-12	1.6 mi
Afya Public Charter Middle School 2800 Brendan Avenue, Baltimore, MD 21213	6-8	2 mi
Baltimore Design School 1500 Barclay Street, Baltimore, MD 21202	6-10	2.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3921 Old York Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/08/2026

Listed

$325,000

116.67%

MLS

2/28/2020

Sold

$150,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3921 Old York Rd

Year

Property Taxes

Change

Tax Assessment

Change

2023

$3,015

—

$138,300

2023

$3,015

—

$133,033

2023

$3,015

$127,767

2022

$2,891

—

$122,500

—

2021

$2,891

-10%

$122,500

-10%

2020

$3,206

—

$136,500

—

2019

$3,221

—

$136,500

—

2018

$3,221

-1%

$136,500

-1%

2017

$3,247

—

$137,600

—

2016

$3,232

—

$137,600

—

2015

$3,247

—

$137,600

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3921 Old York Rd

3921 Old York Road, Baltimore, MD 21218 (MLS# MDBA2218616) is a Single Family property with 10 bedrooms and 2 full bathrooms. 3921 Old York Road is currently listed for $325,000 and was received on June 08, 2026. Want to learn more about 3921 Old York Road? Do you have questions about finding other Single Family real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

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3921 Old York Rd Baltimore, MD 21218