608 Chestnut Hill Ave · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
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
- Livability +3.8/5.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$80,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
Key facts
- On-street parking
- Natural gas heating
- Brick townhouse
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath townhouse listed at $80k.
Deal economics
- At list price, monthly cash flow is $727 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $80k).
- Recommended offer: $71k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.1% 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 (+1.6%/yr); 325 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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).
- This rent runs 34% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $557 of loan paydown is wiped out by about $2k 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 + 1.6% rent growth), your $23k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 340 days — a 12% lower offer ($71k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 19y ago; this cycle's ask has dropped $61k (43%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 3.2% of price; built in 1938 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 340 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 2.19% ✓
- Cap rate
- 17.12%
- Cash-on-cash
- 38.68%
- DSCR
- 2.72
- GRM
- 3.8
CMA / ARV
- ARV (median comp)
- $165,372
- List price
- $80,500
- Delta
- -51.32%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 646 E 37th St | 0.05mi | 3/2.0 (+1) | 1,284 (-5%) | 0mo | $94,000 | $73 | 82 |
| 3633 Elkader Rd | 0.24mi | 2/1.5 | 1,304 (-4%) | 1mo | $265,000 | $203 | 82 |
| 608 Chestnut Hill Ave | 0.00mi | 2/1.0 | 1,156 (-15%) | 1mo | $73,000 | $63 | 73 |
| 515 E 35th St | 0.26mi | 3/1.5 (+1) | 1,260 (-7%) | 1mo | $135,999 | $108 | 71 |
| 604 E 35th St E | 0.23mi | 3/1.0 (+1) | 1,260 (-7%) | 1mo | $94,000 | $75 | 70 |
| 4100 N Charles St #1110 | 0.74mi | 2/2.0 | 1,363 (+1%) | 0mo | $339,000 | $249 | 62 |
| 827 Belgian Ave | 0.44mi | 3/2.0 (+1) | 1,260 (-7%) | 2mo | $130,000 | $103 | 59 |
| 3405 Greenway #302 | 0.61mi | 2/1.5 | 1,221 (-10%) | 1mo | $265,000 | $217 | 55 |
| 4100 N Charles St N #803 | 0.74mi | 2/2.0 | 1,421 (+5%) | 2mo | $305,000 | $215 | 54 |
| 3801 Canterbury Rd #904 | 0.69mi | 2/2.0 | 1,498 (+11%) | 1mo | $365,000 | $244 | 47 |
| 3045 Guilford Ave | 0.68mi | 3/1.5 (+1) | 1,532 (+13%) | 0mo | $310,000 | $202 | 41 |
| 3043 Guilford Ave | 0.68mi | 3/1.5 (+1) | 1,532 (+13%) | 0mo | $275,000 | $180 | 41 |
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 · 1.63% rent growth · sell at horizon
- IRR
- 33.2%
- Equity multiple
- 2.37×
- Total profit
- $30,923
- Equity at exit
- $12,003
- IRR
- 39.4%
- Equity multiple
- 4.43×
- Total profit
- $77,316
- Equity at exit
- $6,960
Cash invested: $22,540 (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
ZIP-level market 21218
- Rents YoY
- 1.6%
- Active inventory
- 325
- Price-to-rent
- 3.8×
Monthly cashflow live
- Estimated rent
- $1,765 high interval (Pro) →
- Mortgage (P&I)
- −$422
- Tax from tax record
- −$212 /mo · $2,544/yr
- Insurance
- −$34
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$371
- Net cashflow
- $727
Break-even live
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
- $20,125
- Closing costs
- $2,415
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 612 Chestnut Hill Ave Unit 1 Baltimore, MD | 2.0 | 1.0 | 900 | $1,999 | $2.22 | 43d | 1 | 0.04mi |
| 3721 Ellerslie Ave Baltimore, MD | 1.0–3.0 | 1.0–2.0 | 894 | $1,382 | $1.54 | 1d | 1 | 0.14mi |
| 721 E 36th St Unit Na Baltimore, MD | 2.0 | 1.0 | 1156 | $1,650 | $1.43 | 43d | 1 | 0.16mi |
| 3529 Greenmount Ave Baltimore, MD | 3.0 | 2.0 | 1316 | $1,575 | $1.20 | 43d | 1 | 0.20mi |
| 724 E 35th St Baltimore, MD | 3.0 | 1.5 | 1368 | $2,000 | $1.46 | 14d | 1 | 0.23mi |
| 4033 Greenmount Ave Baltimore, MD | 2.0 | 2.5 | 1860 | $2,550 | $1.37 | 23d | 1 | 0.37mi |
| 404 Venable Ave Baltimore, MD | 1.0 | 1.0 | 1600 | $950 | $0.59 | 17d | 1 | 0.37mi |
| 1040 E 33rd St Baltimore, MD | 1.0–2.0 | 1.0–2.0 | 775 | $1,525 | $1.97 | 2d | 10 | 0.41mi |
| 3601 Greenway Unit P1039 Baltimore, MD | 1.0 | 1.0 | 1165 | $1,495 | $1.28 | 43d | 1 | 0.47mi |
| 3601 Greenway #101 Baltimore, MD | 2.0 | 2.0 | 1470 | $2,700 | $1.84 | 4d | 1 | 0.47mi |
| 4303 York Rd #3 Baltimore, MD | 2.0 | 1.0 | 1680 | $1,400 | $0.83 | 43d | 1 | 0.51mi |
| 616 Montpelier St Baltimore, MD | 3.0 | 1.0 | 1150 | $1,750 | $1.52 | 10d | 1 | 0.53mi |
| 720 Springfield Ave Baltimore, MD | 3.0 | 1.0 | 1160 | $2,000 | $1.72 | 43d | 1 | 0.53mi |
| 3501 Saint Paul St Baltimore, MD | 3.0 | 1.0–2.5 | 916 | $2,142 | $2.34 | 1d | 172 | 0.54mi |
| 3221 Guilford Ave Apt A Baltimore, MD | 3.0 | 1.5 | 1025 | $2,925 | $2.85 | 17d | 1 | 0.54mi |
| 815 Gilrubin Ct Baltimore, MD | 2.0 | 1.0 | 900 | $1,695 | $1.88 | 43d | 1 | 0.55mi |
| 1 E University Pkwy Baltimore, MD | 1.0–3.0 | 1.0–2.0 | 1045 | $2,100 | $2.01 | 4d | 2 | 0.56mi |
| 812 Nat Ct Apt 12 Baltimore, MD | 2.0 | 1.0 | 900 | $1,295 | $1.44 | 43d | 1 | 0.56mi |
| 3026 Mathews St Baltimore, MD | 2.0 | 1.0 | 996 | $1,350 | $1.36 | 14d | 1 | 0.61mi |
| 3012 Mathews St Baltimore, MD | 2.0 | 1.0 | 996 | $1,100 | $1.10 | 17d | 1 | 0.63mi |
| 3135 N Calvert St Baltimore, MD | 1.0 | 1.0 | 1000 | $1,450 | $1.45 | 17d | 1 | 0.64mi |
| 3201 Saint Paul St Baltimore, MD | 1.0–2.0 | 1.5–2.0 | 1532 | $3,200 | $2.09 | 2d | 1 | 0.64mi |
| 936 Montpelier St Baltimore, MD | 2.0 | 1.0 | 1260 | $1,450 | $1.15 | 23d | 1 | 0.66mi |
| 1504 Upshire Rd Unit 1E Baltimore, MD | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 43d | 1 | 0.67mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 20d | 1 | 0.67mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 43d | 1 | 0.67mi |
| 3811 Canterbury Rd Baltimore, MD | 2.0 | 1.0–2.0 | 975 | $2,495 | $2.56 | 12d | 5 | 0.69mi |
| 1508 Kennewick Rd Baltimore, MD | 1.0 | 1.0 | 1660 | $1,100 | $0.66 | 43d | 1 | 0.71mi |
| 1502 Fernley Rd Baltimore, MD | 3.0 | 2.0 | 1350 | $2,800 | $2.07 | 43d | 1 | 0.74mi |
| 205 E 30th St Baltimore, MD | 1.0 | 1.0 | 900 | $1,450 | $1.61 | 10d | 1 | 0.77mi |
| 436 Ilchester Ave Unit 2 Baltimore, MD | 1.0 | 1.0 | 985 | $1,195 | $1.21 | 43d | 1 | 0.78mi |
| 436 Ilchester Ave Unit 1 Baltimore, MD | 2.0 | 2.0 | 1002 | $1,350 | $1.35 | 43d | 1 | 0.78mi |
| 835 E Cold Spring Ln Baltimore, MD | 2.0 | 1.5 | 997 | $1,400 | $1.40 | 23d | 1 | 0.80mi |
| 3213 The Alameda Baltimore, MD | 2.0 | 1.0 | 1708 | $1,295 | $0.76 | 3d | 1 | 0.80mi |
| 105 W 39th St Baltimore, MD | 2.0 | 1.0 | 753 | $2,250 | $2.99 | 4d | 1 | 0.81mi |
| 4654 York Rd Unit 2 Baltimore, MD | 1.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.82mi |
| 108 W 39th St Baltimore, MD | 2.0 | 1.0–2.0 | 1350 | $2,189 | $1.62 | 3d | 11 | 0.82mi |
| 402 E 28th St Baltimore, MD | 3.0 | 1.0 | 1436 | $2,200 | $1.53 | 43d | 1 | 0.83mi |
| 519 E 28th St Baltimore, MD | 3.0 | 2.0 | 1500 | $2,000 | $1.33 | 4d | 1 | 0.84mi |
| 2933 N Charles St Unit B Baltimore, MD | 1.0 | 1.0 | 990 | $1,700 | $1.72 | 4d | 1 | 0.87mi |
Listing history 13 events
-
2026-05-06status Pending 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2026-03-12price $80,500 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2026-02-02price $87,500 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-12-18price $94,900 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-11-19price $102,000 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-10-21price $112,500 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-07-23price $122,500 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-06-26price $132,500 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2025-05-30$141,400 Active 594-char remark
Show marketing remark (594 chars)
Charming brick townhouse located in the desirable Waverly neighborhood of Baltimore. This property offers great potential with 2 bedrooms, 1 bath, and approximately 1,312 sq. ft. of living space across two levels plus a partially finished basement. Built in 1938, the home features classic Baltimore rowhouse architecture, a cozy fireplace, and natural gas heating. Conveniently situated on a 1,470 sq. ft. lot with on-street parking available. Ideal for investors or buyers looking to renovate and personalize in a vibrant community with easy access to local amenities and transit. Sold AS-IS.
-
2007-08-06soldstatus $130,000
-
2007-07-31soldstatus $130,000 197-char remark
Show marketing remark (197 chars)
Beautifully maintained home priced right for the first time home buyer. Rehabed only 2 years ago. Small park in front wth picnic tables. Seller help for full price offer is $2000. A REAL MUST SEE!
-
2007-06-27historical 197-char remark
Show marketing remark (197 chars)
Beautifully maintained home priced right for the first time home buyer. Rehabed only 2 years ago. Small park in front wth picnic tables. Seller help for full price offer is $2000. A REAL MUST SEE!
-
2007-04-26$130,000 197-char remark
Show marketing remark (197 chars)
Beautifully maintained home priced right for the first time home buyer. Rehabed only 2 years ago. Small park in front wth picnic tables. Seller help for full price offer is $2000. A REAL MUST SEE!
ⓘ 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
- $2,544 · $212/mo
- Projected year-2 tax
- $2,544 · $212/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 7/10 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 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,178
- − Mortgage interest
- −$4,509
- − Property taxes
- −$2,544
- − Insurance
- −$402
- − Repairs & maintenance
- −$1,694
- − Management
- −$1,694
- − Depreciation
- −$2,342
- Taxable income
- $7,992
- Est. tax owed @ 24.0%
- −$1,918
- After-tax cash flow
- $6,800/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
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)
- 44,014
- Household income
- $62,488
- Rent vs Own
- Severe rent burden
- 2564.0
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
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- Black 60% White 26% Two or more races 6% Hispanic / Latino 5% Asian 5%
- Hispanic origin (detail)
- Common ancestry
- Romanian 2% Italian 1% Scotch-Irish 1%
- Foreign-born
- 10% · Canada, China, South Korea
- Languages at home
- 87% English-only · Spanish 4% French/Haitian/Cajun 2% Chinese 2%
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
- ▼ -463.14%
- Current HPI
- 292.3986
- Rent YoY
- ▲ 1.63%
- 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 |
|
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| Utilities | 1 | $25B |
|
||
| Hotels | 1 | $24B |
|
||
| Consumer Goods | 1 | $7B |
|
||
| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
-38.1% since first listed13 events — show timeline
- 2026-05-06 Pending — BRIGHT MLS
- 2026-03-12 Price Changed $80,500 BRIGHT MLS
- 2026-02-02 Price Changed $87,500 BRIGHT MLS
- 2025-12-18 Price Changed $94,900 BRIGHT MLS
- 2025-11-19 Price Changed $102,000 BRIGHT MLS
- 2025-10-21 Price Changed $112,500 BRIGHT MLS
- 2025-07-23 Price Changed $122,500 BRIGHT MLS
- 2025-06-26 Price Changed $132,500 BRIGHT MLS
- 2025-05-30 Listed $141,400 BRIGHT MLS
- 2007-08-06 Sold (Public Records) $130,000 Public Records
- 2007-07-31 Sold (MLS) $130,000 MRIS
- 2007-06-27 Delisted — MRIS
- 2007-04-26 Listed $130,000 MRIS
Property tax history
+0.3%/yrLatest (2025): $2,544 · +5.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…