slumlord

[sluhm-lawrd]
noun
a landlord who owns slum buildings, especially one who fails to maintain or improve the buildings and charges tenants exorbitant rents.

Origin:
1950–55; slum + lord

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World English Dictionary
slumlord (ˈslʌmˌlɔːd)
 
n
informal chiefly (US), (Canadian) an absentee landlord of slum property, esp one who profiteers

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
He said he lives in apartment buildings owned by a slumlord and nothing in the building is up to code.
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