2544 W Fayette St W · Baltimore, MD 21223

$108,501

3 bd · 1.0 ba · 1,100 sqft · Townhouse · 217 Days on market

Built 1970 1,100 sqft lot $99/sqft · 98% above area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +4.4/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Currently rented at $1400 a month to a responsible tenant who is able to move but would also stay with the property if desired. This property can also be sold as a portfolio along with two other properties!!! Discover a prime investment opportunity in the heart of West Baltimore! This charming 3-bedroom, 1-bathroom townhouse, built in 1970, offers a solid foundation for both seasoned investors and those looking to enter the real estate market. With its traditional brick exterior and interior row design, this property exudes character and potential. The full, unfinished basement provides ample space for expansion or additional rental income, allowing you to customize the layout to maximize returns. Imagine transforming this versatile area into a cozy living space or a lucrative rental unit-endless possibilities await! Situated in a vibrant neighborhood, this property benefits from its proximity to local amenities and transportation options, making it an attractive choice for future tenants. The on-street parking adds convenience, while the traditional architecture appeals to a broad range of renters seeking a home with charm. With a little vision and renovation, this townhouse can become a lucrative asset in your portfolio. The current market trends indicate a growing demand for rental properties in this area, ensuring a steady stream of income. Don't miss out on the chance to capitalize on this investment-seize the opportunity to create value and watch your investment flourish!

Key facts

• On-street parking
• Unfinished basement
• Built 1970

Tags

• UNFINISHED BASEMENT
• ON-STREET PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $109k.

Deal economics

• At list price, monthly cash flow is $673 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $109k).
• Recommended offer: $95k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.7% vs local median 6.0% in Baltimore — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#90 in MD, #3,396 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: schools D, crime F.
• Baltimore City Public Schools (urban): math 7% / reading 16% proficiency, ranked #24 of 24 in MD (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.5%/yr); 422 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $1,726/mo this rent would consume 45% of the median local household income ($46k/yr) (locally 1755% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $750 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 7.5% rent growth), your $30k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 217 days — a 12% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $11k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $109k implies a 115% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,480 (12.0% below list)

Questions for the listing agent

1. It's been on market 217 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.59% ✓
• Cap rate: 13.74%
• Cash-on-cash: 26.60%
• DSCR: 2.18
• GRM: 5.2

CMA / ARV

• ARV (median comp): $54,698
• List price: $108,501
• Delta: 98.36%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2576 W Baltimore St W	0.10mi	3/2.0	1,200 (+9%)	2mo	$152,000	$127	74
2544 W Fairmount Ave	0.04mi	2/1.5 (-1)	1,204 (+10%)	2mo	$55,000	$46	73
2402 Wilkens Ave	0.67mi	2/1.0 (-1)	1,092 (-1%)	0mo	$45,000	$41	62
2408 Wilkens Ave	0.67mi	3/2.0	1,092 (-1%)	2mo	$99,900	$91	62
3039 Harlem Ave	0.71mi	3/1.0	1,070 (-3%)	1mo	$27,500	$26	62
2141 Vine St	0.36mi	2/1.0 (-1)	1,200 (+9%)	3mo	$20,000	$17	61
2435 Lauretta Ave	0.35mi	3/1.0	1,260 (+14%)	1mo	$45,000	$36	59
537 Longwood St	0.53mi	4/2.0 (+1)	1,176 (+7%)	0mo	$60,000	$51	54
528 S Bentalou St	0.63mi	4/3.0 (+1)	1,032 (-6%)	1mo	$190,000	$184	47
1906 W Fairmount Ave	0.54mi	2/3.5 (-1)	1,200 (+9%)	3mo	$134,900	$112	42
2130 Eagle St	0.74mi	4/2.0 (+1)	1,000 (-9%)	2mo	$78,110	$78	40
633 N Brice St	0.65mi	4/2.5 (+1)	1,250 (+14%)	2mo	$78,000	$62	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.51% rent growth · sell at horizon

5-year hold

• IRR: 25.2%
• Equity multiple: 2.10×
• Total profit: $33,483
• Equity at exit: $16,178

10-year hold

• IRR: 35.6%
• Equity multiple: 4.99×
• Total profit: $121,217
• Equity at exit: $9,381

Cash invested: $30,380 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21223

• Rents YoY: 7.5%
• Active inventory: 422
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,726 high
• Mortgage (P&I): −$569
• Tax from tax record: −$76 /mo · $908/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $673

Break-even live

Break-even rent $873

Max offer price $108,501

Occupancy floor 56%

Sensitivity live

Price	-10% $735	-5% $704	+0% $673	+5% $643	+10% $612
Rent	-10% $537	-5% $605	+0% $673	+5% $742	+10% $810
Rate	-1.0pp $728	-0.5pp $701	base $673	+0.5pp $645	+1.0pp $617

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,125
• Closing costs: $3,255
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2516 Hollins St Baltimore, MD	3.0	2.0	1100	$1,700	$1.55	44d	1	0.16mi
2537 Hollins St Baltimore, MD	3.0	2.0	1200	$1,450	$1.21	24d	1	0.17mi
62 N Gorman Ave Baltimore, MD	3.0	2.0	1100	$2,500	$2.27	18d	1	0.22mi
110 S Catherine St Unit 1 Baltimore, MD	2.0	1.0	1330	$1,500	$1.13	44d	1	0.28mi
2232 W Baltimore St Baltimore, MD	3.0	1.0	1250	$1,875	$1.50	24d	1	0.31mi
2225 W Baltimore St Baltimore, MD	3.0	2.5	1200	$1,600	$1.33	24d	1	0.32mi
2609 Lauretta Ave Baltimore, MD	3.0	1.0	1286	$1,675	$1.30	24d	1	0.34mi
2815 W Mulberry St Baltimore, MD	4.0	2.0	1040	$2,050	$1.97	44d	1	0.36mi
2636 Lauretta Ave Baltimore, MD	3.0	2.5	1232	$1,900	$1.54	44d	1	0.37mi
332 S Franklintown Rd Unit 2 Baltimore, MD	2.0	1.0	776	$795	$1.02	24d	1	0.42mi
2540 Frederick Ave Baltimore, MD	3.0	1.0	1075	$1,400	$1.30	24d	1	0.42mi
2012 W Saratoga St Baltimore, MD	3.0	1.0	1300	$1,700	$1.31	24d	1	0.51mi
307 S Smallwood St Baltimore, MD	2.0	2.5	1400	$1,350	$0.96	44d	1	0.51mi
1918 W Baltimore St Baltimore, MD	2.0–3.0	1.0–2.0	857	$1,434	$1.67	44d	1	0.56mi
1912 W Baltimore St Unit 2 Baltimore, MD	2.0	1.5	1200	$2,100	$1.75	24d	1	0.57mi
1839 W Fayette St Baltimore, MD	3.0	1.5	1426	$1,675	$1.17	24d	1	0.61mi
2657 Lehman St Unit 1 Baltimore, MD	2.0	1.0	1056	$1,000	$0.95	44d	1	0.61mi
2303 Calverton Heights Ave Baltimore, MD	4.0	2.0	1314	$2,250	$1.71	24d	1	0.63mi
1846 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1250	$1,300	$1.04	44d	1	0.64mi
2509 Christian St Baltimore, MD	4.0	2.0	1248	$1,699	$1.36	4d	1	0.65mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	11d	1	0.67mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	44d	1	0.67mi
2671 Saint Benedict St Baltimore, MD	2.0	1.0	1144	$1,325	$1.16	44d	1	0.70mi
3015 Rayner Ave Baltimore, MD	3.0	1.0	1152	$1,350	$1.17	44d	1	0.71mi
918 N Bentalou St Baltimore, MD	3.0	1.5	1485	$1,750	$1.18	44d	1	0.73mi
2738 Wilkens Ave Baltimore, MD	3.0	1.0	1183	$1,500	$1.27	44d	1	0.77mi
2744 W Mosher St Baltimore, MD	4.0	2.0	1412	$2,100	$1.49	24d	1	0.77mi
1635 Frederick Ave Baltimore, MD	3.0	2.0	1224	$1,850	$1.51	44d	1	0.78mi
514 S Payson St Unit 2 Baltimore, MD	3.0	2.0	1264	$1,750	$1.38	44d	1	0.78mi
2737 Wilkens Ave Baltimore, MD	3.0	1.5	1232	$1,650	$1.34	5d	1	0.80mi
2301 Riggs Ave Baltimore, MD	3.0	2.0	1072	$1,600	$1.49	24d	1	0.82mi
3310 Elbert St Baltimore, MD	2.0	1.0	920	$1,550	$1.68	24d	1	0.82mi
1601 Frederick Ave Unit 3 Baltimore, MD	2.0	1.0	1050	$1,050	$1.00	5d	1	0.83mi
3336 W Caton Ave Baltimore, MD	3.0	2.0	1236	$1,625	$1.31	24d	1	0.84mi
41 N Kossuth St Baltimore, MD	3.0	2.0	1216	$1,800	$1.48	24d	1	0.84mi
2806 Riggs Ave Baltimore, MD	3.0	2.5	1412	$1,900	$1.35	4d	1	0.85mi
1625 Edmondson Ave Unit 2 Baltimore, MD	4.0	3.0	1500	$1,895	$1.26	13d	1	0.88mi
1625 Edmondson Ave Unit 1 Baltimore, MD	4.0	3.0	1500	$2,175	$1.45	5d	1	0.88mi
3130 Stafford St Baltimore, MD	3.0	1.0	1200	$1,500	$1.25	21d	1	0.88mi
1519 Penrose Ave Baltimore, MD	3.0	2.0	1200	$1,875	$1.56	44d	1	0.88mi

Listing history 30 events

1. 2026-06-18
   days on market $108,501 Active 217 DOM
2. 2026-06-17
   days on market $108,501 Active 216 DOM
3. 2026-06-16
   days on market $108,501 Active 215 DOM
4. 2026-06-15
   days on market $108,501 Active 214 DOM
5. 2026-06-13
   days on market $108,501 Active 212 DOM
6. 2026-06-09
   days on market $108,501 Active 208 DOM
7. 2026-06-08
   days on market $108,501 Active 207 DOM
8. 2026-06-07
   days on market $108,501 Active 206 DOM
9. 2026-06-04
   days on market $108,501 Active 203 DOM
10. 2026-06-03
    days on market $108,501 Active 202 DOM
11. 2026-06-02
    days on market $108,501 Active 201 DOM
12. 2026-06-01
    days on market $108,501 Active 200 DOM
13. 2026-05-31
    days on market $108,501 Active 199 DOM
14. 2026-04-08
    price $108,501 1502-char remark

    Show marketing remark (1502 chars)

    Currently rented at $1400 a month to a responsible tenant who is able to move but would also stay with the property if desired. This property can also be sold as a portfolio along with two other properties!!! Discover a prime investment opportunity in the heart of West Baltimore! This charming 3-bedroom, 1-bathroom townhouse, built in 1970, offers a solid foundation for both seasoned investors and those looking to enter the real estate market. With its traditional brick exterior and interior row design, this property exudes character and potential. The full, unfinished basement provides ample space for expansion or additional rental income, allowing you to customize the layout to maximize returns. Imagine transforming this versatile area into a cozy living space or a lucrative rental unit-endless possibilities await! Situated in a vibrant neighborhood, this property benefits from its proximity to local amenities and transportation options, making it an attractive choice for future tenants. The on-street parking adds convenience, while the traditional architecture appeals to a broad range of renters seeking a home with charm. With a little vision and renovation, this townhouse can become a lucrative asset in your portfolio. The current market trends indicate a growing demand for rental properties in this area, ensuring a steady stream of income. Don't miss out on the chance to capitalize on this investment-seize the opportunity to create value and watch your investment flourish!

15. 2026-01-28
    price $113,901 1502-char remark

    Show marketing remark (1502 chars)

    Currently rented at $1400 a month to a responsible tenant who is able to move but would also stay with the property if desired. This property can also be sold as a portfolio along with two other properties!!! Discover a prime investment opportunity in the heart of West Baltimore! This charming 3-bedroom, 1-bathroom townhouse, built in 1970, offers a solid foundation for both seasoned investors and those looking to enter the real estate market. With its traditional brick exterior and interior row design, this property exudes character and potential. The full, unfinished basement provides ample space for expansion or additional rental income, allowing you to customize the layout to maximize returns. Imagine transforming this versatile area into a cozy living space or a lucrative rental unit-endless possibilities await! Situated in a vibrant neighborhood, this property benefits from its proximity to local amenities and transportation options, making it an attractive choice for future tenants. The on-street parking adds convenience, while the traditional architecture appeals to a broad range of renters seeking a home with charm. With a little vision and renovation, this townhouse can become a lucrative asset in your portfolio. The current market trends indicate a growing demand for rental properties in this area, ensuring a steady stream of income. Don't miss out on the chance to capitalize on this investment-seize the opportunity to create value and watch your investment flourish!

16. 2025-12-23
    price $119,000 1502-char remark

    Show marketing remark (1502 chars)

    Currently rented at $1400 a month to a responsible tenant who is able to move but would also stay with the property if desired. This property can also be sold as a portfolio along with two other properties!!! Discover a prime investment opportunity in the heart of West Baltimore! This charming 3-bedroom, 1-bathroom townhouse, built in 1970, offers a solid foundation for both seasoned investors and those looking to enter the real estate market. With its traditional brick exterior and interior row design, this property exudes character and potential. The full, unfinished basement provides ample space for expansion or additional rental income, allowing you to customize the layout to maximize returns. Imagine transforming this versatile area into a cozy living space or a lucrative rental unit-endless possibilities await! Situated in a vibrant neighborhood, this property benefits from its proximity to local amenities and transportation options, making it an attractive choice for future tenants. The on-street parking adds convenience, while the traditional architecture appeals to a broad range of renters seeking a home with charm. With a little vision and renovation, this townhouse can become a lucrative asset in your portfolio. The current market trends indicate a growing demand for rental properties in this area, ensuring a steady stream of income. Don't miss out on the chance to capitalize on this investment-seize the opportunity to create value and watch your investment flourish!

17. 2025-11-13
    listed $120,000 Active 1502-char remark

    Show marketing remark (1502 chars)

    Currently rented at $1400 a month to a responsible tenant who is able to move but would also stay with the property if desired. This property can also be sold as a portfolio along with two other properties!!! Discover a prime investment opportunity in the heart of West Baltimore! This charming 3-bedroom, 1-bathroom townhouse, built in 1970, offers a solid foundation for both seasoned investors and those looking to enter the real estate market. With its traditional brick exterior and interior row design, this property exudes character and potential. The full, unfinished basement provides ample space for expansion or additional rental income, allowing you to customize the layout to maximize returns. Imagine transforming this versatile area into a cozy living space or a lucrative rental unit-endless possibilities await! Situated in a vibrant neighborhood, this property benefits from its proximity to local amenities and transportation options, making it an attractive choice for future tenants. The on-street parking adds convenience, while the traditional architecture appeals to a broad range of renters seeking a home with charm. With a little vision and renovation, this townhouse can become a lucrative asset in your portfolio. The current market trends indicate a growing demand for rental properties in this area, ensuring a steady stream of income. Don't miss out on the chance to capitalize on this investment-seize the opportunity to create value and watch your investment flourish!

18. 2025-02-04
    historical $1,300
19. 2025-01-31
    listed $1,300
20. 2022-10-05
    soldstatus $50,500
21. 2017-12-22
    soldstatus $30,500 Sold 251-char remark

    Show marketing remark (251 chars)

    FABULOUS AS-IS INVESTOR'S HOUSE WITH INCOME. OCCUPIED TENANTS WITH LEASE. $825.00 CURRENT RENT. LEAD-FREE CERTIFICATE. APPRAISED AND LISTED BELOW MARKET VALUE. 48-HRS NOTICE FOR TENANTS. NO SIGNS ON PROP. VINYL WINDOWS. BUYER TO PAY ALL CLOSING COSTS.

22. 2017-12-22
    soldstatus $30,500

    Show marketing remark (251 chars)

    FABULOUS AS-IS INVESTOR'S HOUSE WITH INCOME. OCCUPIED TENANTS WITH LEASE. $825.00 CURRENT RENT. LEAD-FREE CERTIFICATE. APPRAISED AND LISTED BELOW MARKET VALUE. 48-HRS NOTICE FOR TENANTS. NO SIGNS ON PROP. VINYL WINDOWS. BUYER TO PAY ALL CLOSING COSTS.

23. 2017-11-21
    status Contract 251-char remark

    Show marketing remark (251 chars)

    FABULOUS AS-IS INVESTOR'S HOUSE WITH INCOME. OCCUPIED TENANTS WITH LEASE. $825.00 CURRENT RENT. LEAD-FREE CERTIFICATE. APPRAISED AND LISTED BELOW MARKET VALUE. 48-HRS NOTICE FOR TENANTS. NO SIGNS ON PROP. VINYL WINDOWS. BUYER TO PAY ALL CLOSING COSTS.

24. 2017-11-14
    listed $35,200 Active 251-char remark

    Show marketing remark (251 chars)

    FABULOUS AS-IS INVESTOR'S HOUSE WITH INCOME. OCCUPIED TENANTS WITH LEASE. $825.00 CURRENT RENT. LEAD-FREE CERTIFICATE. APPRAISED AND LISTED BELOW MARKET VALUE. 48-HRS NOTICE FOR TENANTS. NO SIGNS ON PROP. VINYL WINDOWS. BUYER TO PAY ALL CLOSING COSTS.

25. 2017-11-14
    listed $35,200

    Show marketing remark (251 chars)

    FABULOUS AS-IS INVESTOR'S HOUSE WITH INCOME. OCCUPIED TENANTS WITH LEASE. $825.00 CURRENT RENT. LEAD-FREE CERTIFICATE. APPRAISED AND LISTED BELOW MARKET VALUE. 48-HRS NOTICE FOR TENANTS. NO SIGNS ON PROP. VINYL WINDOWS. BUYER TO PAY ALL CLOSING COSTS.

26. 2007-08-30
    soldstatus $30,000 Sold
27. 2007-08-10
    historical
28. 2007-08-07
    listed $34,500
29. 1999-06-30
    soldstatus $50,000
30. 1990-10-05
    soldstatus $67,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $908 · $76/mo
• Projected year-2 tax: $1,045 · $87/mo
• Expected delta: +$137/yr (+$11/mo · 15.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,708
• − Mortgage interest: −$6,078
• − Property taxes: −$908
• − Insurance: −$543
• − Repairs & maintenance: −$1,657
• − Management: −$1,657
• − Depreciation: −$3,156
• Taxable income: $6,710
• Est. tax owed @ 24.0%: −$1,610
• After-tax cash flow: $6,470/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 19,572
• Household income: $45,840
• Rent vs Own: 68.0% rent · 32.0% own
• Severe rent burden: 1755.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (72%)
• Race & ethnicity: Black 72% White 16% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Romanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 90% English-only · Spanish 6% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -97.99%
• Current HPI: 140.5836
• Rent YoY: ▲ 7.51%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+61.9% since first listed

17 events — show timeline

• 2026-04-08 Price Changed $108,501 BRIGHT MLS
• 2026-01-28 Price Changed $113,901 BRIGHT MLS
• 2025-12-23 Price Changed $119,000 BRIGHT MLS
• 2025-11-13 Listed $120,000 BRIGHT MLS
• 2025-02-04 Rental Removed $1,300 BRIGHTMLS
• 2025-01-31 Listed for Rent $1,300 BRIGHTMLS
• 2022-10-05 Sold (Public Records) $50,500 Public Records
• 2017-12-22 Sold (MLS) $30,500 BRIGHT MLS
• 2017-12-22 Sold (MLS) $30,500 MRIS
• 2017-11-21 Pending — MRIS
• 2017-11-14 Listed $35,200 BRIGHT MLS
• 2017-11-14 Listed $35,200 MRIS
• 2007-08-30 Sold (MLS) $30,000 MRIS
• 2007-08-10 Delisted — MRIS
• 2007-08-07 Listed $34,500 MRIS
• 1999-06-30 Sold (Public Records) $50,000 Public Records
• 1990-10-05 Sold (Public Records) $67,000 Public Records

Property tax history

+8.1%/yr

Latest (2025): $908 · +23.4% YoY. Source: county tax records.