Auction! Multi-Fam Assemblage W/22 Apts 1 Multifamily Properties Offered at $1,000,000 in Arbutus, MD

GUIDED TOUR WEDNESDAY, JANUARY 14TH STARTING AT 12PM
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, January 15th and ends Tuesday, January 20, 2026 at 12:00PM.
Multi-Family Assemblage Containing 22 Apartment Units & 7 Garages with 90% of the Units being Lead Free. Located in the Arbutus Neighborhood of Baltimore County **Gross Potential Income of $330,084**
5210, 5204, 5112 Leeds Ave., 1231 North Ave. Baltimore, MD 21227
Multifamily Offering
4 Buildings | 22 Units | 7 Garages | 26+/- Parking Spaces
$330,084 Gross Potential Annual Rent Based on Full Occupancy
Property Overview
First time available to the market in over 65 years! A Multi-Family Assemblage totaling 22 residential units, complemented by 7 garages and 26 +/- parking spaces With strong in-place income and substantial upside, this offering is ideal for investors seeking a cash-flowing asset with proven performance and room for further growth.
16 of the Apartment units are rented, as well as 5 of the garages and 4 parking spaces with a scheduled monthly rent of $19,507. The remaining 6 apartment units have been renovated and turned over in preparation for a new tenant. Once lease-up has occurred there will be a scheduled monthly rent of $27,507.
Be sure to check out photos of all buildings in the external link section. The photos in the carousel are only a few of the units.
Highlights
• Total Properties: 4
• Total Residential Units: 22
• Garages: 7
• Parking Spaces: 26+/- Parking Spaces
• Lead Free Units: All apartment units are lead free other than 1231 North Ave, which contains 2 units.
• Current Monthly Scheduled Rent: $19,507
• Gross Potential Monthly Rent if Fully Leases: $27,507
Building Details
5210 Leeds Ave: Lead Free
4 - 1 Bedroom 1 Bathroom units (1 Occupied, 3 Vacant)
All tubs removed & replaced with shower kits, new kitchen cabinets, granite counters
Tenants pay electric, all units have heat & a/c w/electric Mini-Split units
Landlord pays water/sewer, hot water (gas) & public electric
Separate 2 car garage rented privately @ $125.00/month
11+/- Parking spaces
5204 Leeds Ave: Lead Free
9 - 1 Bedroom 1 Bathroom units (6 Occupied, 3 Vacant)
All tubs removed & replaced with shower kits, new kitchen cabinets, granite counters, unit #3 has a dishwasher
Tenants pay electric, all units have heat & a/c w/electric Mini-Split units
Landlord pays water/sewer, hot water (gas) & public electric
11+/- Parking spaces
Garage being used by a current tenant
5112 Leeds Ave: Lead Free
7 - 1 Bedroom 1 Bathroom units (Fully Occupied)
All tubs removed & replaced with shower kits, new kitchen cabinets, granite counters

Tenants pay electric, all units have heat & a/c w/electric Mini-Split units
Landlord pays water/sewer, hot water (gas) & public electric
11+/- Parking spaces
4 Garages & 4 Parking spaces all rented @ $550.00/month
1231 North Ave: Full Risk Reduction Lead Certificate
1 - 2 Bedroom 1 Bathroom (Occupied)
1 - 1 Bedroom 1 Bathroom (Occupied)
Tenants pay electric, gas and hot water
Landlord pays water/sewer
Units have separate water heaters
Garage being used by current tenant
**All buildings serviced with Comcast/Xfinity Cable**
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificates, rental license are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Thursday, January 15th and ends Tuesday, January 20, 2026 at 12:00PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.