This property is part of a portfolio sale consisting of 11 single-family rental homes across Baltimore City, Baltimore County, and Anne Arundel County. In addition to 936 Foxcroft Lane, the portfolio includes: 3217 Orlando Avenue, 6611 Windsor Mill Road, 4841 Bowland Avenue, 940 Saint Agnes Lane, 5223 Brookwood Road, 804 Armcliffe Road, 2241 Graythorn Road, 625 Delaware Avenue, 1930 Ewald Avenue, and 4012 Saint Augustine Lane. Ten of the eleven homes are currently leased, with subsidy programs covering approximately 61.5% of the total monthly rent. Interiors:
This Baltimore subsidized rental portfolio includes 11 single-family homes—8 three-bedroom and 3 four-bedroom units—ranging from 1,024 to 1,857 square feet. Kitchens feature wood cabinetry throughout, with 9 homes upgraded to granite countertops and the remaining 2 with laminate. All kitchens include 30″ gas ranges; some are also equipped with built-in microwaves and dishwashers. Baths are updated with modern vanities and mostly feature ceramic tile tub surrounds, with just one unit having a shower stall with vinyl surround. Flooring includes a mix of vinyl plank, laminate, ceramic tile, and carpet. Walls are plaster or drywall; several basements feature suspended ceilings or wood paneling. Every home offers a private yard, and most include front porches. Vinyl replacement windows are installed throughout.
Utilities:
Each home is individually metered for gas and electric, with 100- or 200-amp electrical service. Ten homes are equipped with gas-fired furnaces and central air conditioning. Water heaters vary by property and are either gas or electric, typically 40-gallon capacity. In-unit washers and dryers are provided in all homes. Tenants are responsible for electric, gas, lawn care, and snow removal. In Baltimore County and Anne Arundel County, tenants pay water and sewer bills directly. At the two Baltimore City properties, the landlord pays for water and sewer and bills tenants back.
What’s Special About This Baltimore Subsidized Rental Portfolio?
Tenants are primarily program participants, with subsidy programs covering approximately 62% of the monthly rent, providing reliable cash flow backed by government sources.
More than half of the portfolio is located in Essex and Dundalk, where investor demand remains strong due to stable, working-class tenant bases and consistent rental demand. Dundalk in particular is a well-established suburb ,offering easy access to I-695 and proximity to major employers such as the Amazon fulfillment center, the Maryland Transportation Authority, and Johns Hopkins Bayview Medical Center. The remaining homes are located in neighborhoods like Gwynn Oak, Middle River, and Hamilton—areas with continued high demand for affordable housing. This scattered-site portfolio blends consistent income with broad exposure to some of the region’s most active affordable housing corridors.
5,016 Sq Ft Exterior Space
Commercial
$1,699 Annual Tax
Built in 1962
MLS/Listing ID MDBC2137650
11 Units
Construction - Brick
Cooling - Window Units
Cooling - Central Air
Heating - Natural Gas
Listing Courtesy of BEN FREDERICK REALTY, INC., WILL A CANNON III - 410-916-3331
Source of Data: BRIGHT MLS
TOTAL MONTHLY COST
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 09/01/2025.
Source: Bright Multiple Listing Service, Inc.
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