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102-Unit Apartment Building Portfolio
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4303 Wakefield Road, Baltimore, MD 21216

Two nearby Baltimore properties offer updated apartments, on-site parking, laundry facilities, and separately metered utilities.

Property SizeContact for details
Days on Market145

Property Features for 4303 Wakefield Road

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 97 x 2Br-1Ba, 4 x 1Br-1Ba
Multifamily Units 101

Additional Details

Average Monthly Rent $746.45
Utilities to Site Yes

Amenities

parking on site
coin operated laundry
Listing Agency: Harbor Stone Advisors
Listed By: Justin Verner · License #MD 630799
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harbor Stone Advisors

Investment Insights

Based on property information with market context.

The Windsor Arms and Westchester apartment properties comprise 102 units: 97 two-bedroom, one-bath apartments, four one-bedroom, one-bath apartments, and one retail unit. The buildings are located a few short blocks apart and may be acquired together or separately.

Windsor Arms includes 55 two-bedroom apartments and one retail unit, with refinished hardwood floors, packaged thermal heating and air, updated plumbing and electrical systems, and vinyl tile in the kitchens and baths. Westchester contains 42 two-bedroom apartments and four one-bedroom apartments. Improvements completed within the last 4 years include windows, doors, kitchens, bathrooms, and electrical systems. Both properties feature separate gas and electric metering, and the apartments are certified lead free.

On-site parking and coin-operated laundry serve residents at Windsor Arms. Westchester units include window air conditioning, baseboard heat, and ceramic tile bathrooms. Four shell units can be brought online, with the stated ability to construct 10 additional units.

Key Highlights

  • 102 total units: 97 two‑bedroom, one‑bath units, 4 one‑bedroom, one‑bath units, and 1 retail unit
  • 4303 Wakefield Road in Baltimore, MD 21216; Windsor Arms and Westchester are a few short blocks apart
  • Westchester updates within the last 4 years include windows, doors, kitchens, bathrooms, and electrical systems

Property Analytics

Current Use

24KT Consulting Business To Business Service

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

101
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 21216, MD

27,729
Population
15,613
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
8,403
Density / Sq Mi
$46,440
Median Household Income
$36,634
Median Earnings
$1,160
Median Rent
$148,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two nearby Baltimore properties offer updated apartments, on-site parking, laundry facilities, and separately metered utilities.
Where is this apartment building located?
The property is located at 4303 Wakefield Road Baltimore, MD.
What are key features of this property?
This property features: 102 total units: 97 two‑bedroom, one‑bath units, 4 one‑bedroom, one‑bath units, and 1 retail unit; 4303 Wakefield Road in Baltimore, MD 21216; Windsor Arms and Westchester are a few short blocks apart; Westchester updates within the last 4 years include windows, doors, kitchens, bathrooms, and electrical systems
More about this property
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