3619 Oakmont Ave · Baltimore, MD 21215

$189,900

5 bd · 2.5 ba · 1,200 sqft · Townhouse · 40 Days on market

Built 1940 2,600 sqft lot $158/sqft · 41% above area Est $135k · 41% over

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Why this score? — see what drove the C- 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 +26.3/30.0
• DSCR +8.9/10.0
• 1% rule +7.0/10.0
• Livability +3.8/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all investors or homeowners looking to complete the renovation of their new home! Welcome to 3619 Oakmont Avenue! This home is located in a great neighborhood and is perfect for anyone looking for an opportunity to add to their portfolio, fix and flip, or renovate to the new homeowner's style!

Key facts

• Updated flooring
• Granite countertops
• Built 1940

Tags

• UPDATED FLOORING
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• DESIRABLE NEIGHBORHOOD

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Interior townhouse / rowhouse; Estimated year built, with major remodel estimated 2026; Fee simple ownership
• Construction: Brick construction; Concrete perimeter foundation; Building not winterized
• Exterior features: Not in a federal flood zone; Two or more access exits

Interior

• Kitchen: Built-in microwave; Dishwasher; Disposal; Gas range / single oven; Refrigerator
• Bedrooms: Three bedrooms on the upper level; Two bedrooms on the lower level
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Open floor plan; Fully finished basement
• Laundry & utility: Washer; Dryer; Electric hot water

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath townhouse listed at $190k.

Deal economics

• At list price, monthly cash flow is $488 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $184k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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 (+2.4%/yr); 354 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $2,279/mo this rent would consume 53% of the median local household income ($52k/yr) (locally 3644% 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $69k; list at $190k implies a 175% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.20% ✓
• Cap rate: 9.38%
• Cash-on-cash: 11.01%
• DSCR: 1.49
• GRM: 6.9

CMA / ARV

• ARV (median comp): $134,842
• List price: $189,900
• Delta: 40.83%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3716 Columbus Dr	0.38mi	4/2.0 (-1)	1,200 (0%)	3mo	$242,000	$202	73
3331 Spaulding Ave	0.20mi	4/1.5 (-1)	1,200 (0%)	21mo	$82,000	$68	64
3327 W Belvedere Ave	0.28mi	4/2.0 (-1)	1,250 (+4%)	17mo	$85,000	$68	59
5002 Chalgrove Ave	0.51mi	4/2.5 (-1)	1,260 (+5%)	9mo	$232,000	$184	56
3345 Avondale Ave	0.57mi	4/3.0 (-1)	1,200 (0%)	20mo	$219,000	$183	49
4001 W Rogers Ave	0.71mi	4/2.5 (-1)	1,216 (+1%)	14mo	$262,000	$215	48
3958 Oakford Ave	0.67mi	4/2.5 (-1)	1,280 (+7%)	10mo	$249,000	$195	44
5424 Jonquil Ave	0.60mi	4/3.5 (-1)	1,332 (+11%)	2mo	$200,000	$150	43
5321 Gist Ave	0.51mi	4/2.0 (-1)	1,080 (-10%)	16mo	$222,500	$206	40
3001 Wylie Ave	0.65mi	6/1.5 (+1)	1,050 (-12%)	1mo	$95,000	$90	39
4108 Rockfield Ave	0.71mi	4/2.0 (-1)	1,302 (+8%)	13mo	$250,000	$192	35

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 · 2.41% rent growth · sell at horizon

5-year hold

• IRR: -0.5%
• Equity multiple: 0.98×
• Total profit: $-1,014
• Equity at exit: $28,315

10-year hold

• IRR: 8.6%
• Equity multiple: 1.64×
• Total profit: $33,809
• Equity at exit: $16,419

Cash invested: $53,172 (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 21215

• Rents YoY: 2.4%
• Active inventory: 354
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $2,279 medium
• Mortgage (P&I): −$996
• Tax est. 1.5%: −$237 /mo · $2,848/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $488

Break-even live

Break-even rent $1,661

Max offer price $189,900

Occupancy floor 74%

Sensitivity live

Price	-10% $619	-5% $553	+0% $488	+5% $422	+10% $357
Rent	-10% $308	-5% $398	+0% $488	+5% $578	+10% $668
Rate	-1.0pp $583	-0.5pp $536	base $488	+0.5pp $439	+1.0pp $389

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3784 Columbus Dr Baltimore, MD	4.0	2.0	1250	$2,200	$1.76	25d	1	0.33mi
4037 Cedardale Rd Baltimore, MD	5.0	3.0	1500	$2,800	$1.87	16d	1	0.83mi

Listing history 24 events

1. 2026-06-21
   days on market $189,900 Active 40 DOM
2. 2026-06-18
   days on market $189,900 Active 37 DOM
3. 2026-06-17
   days on market $189,900 Active 36 DOM
4. 2026-06-16
   days on market $189,900 Active 35 DOM
5. 2026-06-15
   days on market $189,900 Active 34 DOM
6. 2026-06-13
   pricedays on market $189,900 Active 32 DOM
7. 2026-06-09
   days on market $199,900 Active 28 DOM
8. 2026-06-08
   days on market $199,900 Active 27 DOM
9. 2026-06-07
   pricedays on market $199,900 Active 26 DOM
10. 2026-06-04
    days on market $219,900 Active 23 DOM
11. 2026-06-03
    days on market $219,900 Active 22 DOM
12. 2026-06-02
    days on market $219,900 Active 21 DOM
13. 2026-06-01
    days on market $219,900 Active 20 DOM
14. 2026-05-31
    days on market $219,900 Active 19 DOM
15. 2026-05-13
    listed $219,900 Active 795-char remark
16. 2025-11-20
    soldstatus $69,000 Closed 302-char remark

    Show marketing remark (302 chars)

    Calling all investors or homeowners looking to complete the renovation of their new home! Welcome to 3619 Oakmont Avenue! This home is located in a great neighborhood and is perfect for anyone looking for an opportunity to add to their portfolio, fix and flip, or renovate to the new homeowner's style!

17. 2025-10-22
    status Pending 302-char remark

    Show marketing remark (302 chars)

    Calling all investors or homeowners looking to complete the renovation of their new home! Welcome to 3619 Oakmont Avenue! This home is located in a great neighborhood and is perfect for anyone looking for an opportunity to add to their portfolio, fix and flip, or renovate to the new homeowner's style!

18. 2025-09-02
    listed $75,000 Active 302-char remark

    Show marketing remark (302 chars)

    Calling all investors or homeowners looking to complete the renovation of their new home! Welcome to 3619 Oakmont Avenue! This home is located in a great neighborhood and is perfect for anyone looking for an opportunity to add to their portfolio, fix and flip, or renovate to the new homeowner's style!

19. 2022-10-14
    soldstatus $47,500
20. 2021-11-18
    soldstatus $47,500 Closed

    Show marketing remark (709 chars)

    ONLINE AUCTION: Begins 09/20 @10:00 am. Ends 09/22 @11:30 am. List Price is Opening Bid. Spacious 2 Story Porch Front Townhome located in the Pimlico area. MINUTES from Pimlico Race Track, the Many Attractions of Recently Revitalized Sinai Hospital, & the numerous destinations located along major traffic Artery Reisterstown Rd (MD Route 140). Occupancy Unknown. Buyer is purchasing property subject to the existing occupants of record, if any. Purchaser is responsible for obtaining possession of property, if needed. - $5,000 Deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

21. 2021-10-07
    status Pending

    Show marketing remark (709 chars)

    ONLINE AUCTION: Begins 09/20 @10:00 am. Ends 09/22 @11:30 am. List Price is Opening Bid. Spacious 2 Story Porch Front Townhome located in the Pimlico area. MINUTES from Pimlico Race Track, the Many Attractions of Recently Revitalized Sinai Hospital, & the numerous destinations located along major traffic Artery Reisterstown Rd (MD Route 140). Occupancy Unknown. Buyer is purchasing property subject to the existing occupants of record, if any. Purchaser is responsible for obtaining possession of property, if needed. - $5,000 Deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

22. 2021-10-06
    status Active

    Show marketing remark (709 chars)

    ONLINE AUCTION: Begins 09/20 @10:00 am. Ends 09/22 @11:30 am. List Price is Opening Bid. Spacious 2 Story Porch Front Townhome located in the Pimlico area. MINUTES from Pimlico Race Track, the Many Attractions of Recently Revitalized Sinai Hospital, & the numerous destinations located along major traffic Artery Reisterstown Rd (MD Route 140). Occupancy Unknown. Buyer is purchasing property subject to the existing occupants of record, if any. Purchaser is responsible for obtaining possession of property, if needed. - $5,000 Deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

23. 2021-09-29
    status Pending

    Show marketing remark (709 chars)

    ONLINE AUCTION: Begins 09/20 @10:00 am. Ends 09/22 @11:30 am. List Price is Opening Bid. Spacious 2 Story Porch Front Townhome located in the Pimlico area. MINUTES from Pimlico Race Track, the Many Attractions of Recently Revitalized Sinai Hospital, & the numerous destinations located along major traffic Artery Reisterstown Rd (MD Route 140). Occupancy Unknown. Buyer is purchasing property subject to the existing occupants of record, if any. Purchaser is responsible for obtaining possession of property, if needed. - $5,000 Deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

24. 2021-09-08
    listed $10,000 Active

    Show marketing remark (709 chars)

    ONLINE AUCTION: Begins 09/20 @10:00 am. Ends 09/22 @11:30 am. List Price is Opening Bid. Spacious 2 Story Porch Front Townhome located in the Pimlico area. MINUTES from Pimlico Race Track, the Many Attractions of Recently Revitalized Sinai Hospital, & the numerous destinations located along major traffic Artery Reisterstown Rd (MD Route 140). Occupancy Unknown. Buyer is purchasing property subject to the existing occupants of record, if any. Purchaser is responsible for obtaining possession of property, if needed. - $5,000 Deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

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

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 ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $27,344
• − Mortgage interest: −$10,637
• − Property taxes: −$2,848
• − Insurance: −$950
• − Repairs & maintenance: −$2,188
• − Management: −$2,188
• − Depreciation: −$5,524
• Taxable income: $3,009
• Est. tax owed @ 24.0%: −$722
• After-tax cash flow: $5,131/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): 52,229
• Household income: $51,587
• Rent vs Own: 45.2% rent · 54.8% own
• Severe rent burden: 3644.0

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 (73%)
• Race & ethnicity: Black 73% White 17% Hispanic / Latino 5% Two or more races 4% Asian 1%
• Common ancestry: Scotch-Irish 2% Romanian 2% Italian 1%
• Foreign-born: 9% · Canada, South Korea
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 1% 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: ▼ -318.58%
• Current HPI: 291.4926
• Rent YoY: ▲ 2.41%
• 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

+1799.0% since first listed

12 events — show timeline

• 2026-06-11 Price Changed $189,900 BRIGHT MLS
• 2026-06-05 Price Changed $199,900 BRIGHT MLS
• 2026-05-13 Listed $219,900 BRIGHT MLS
• 2025-11-20 Sold (MLS) $69,000 BRIGHT MLS
• 2025-10-22 Pending — BRIGHT MLS
• 2025-09-02 Listed $75,000 BRIGHT MLS
• 2022-10-14 Sold (Public Records) $47,500 Public Records
• 2021-11-18 Sold (MLS) $47,500 BRIGHT MLS
• 2021-10-07 Pending — BRIGHT MLS
• 2021-10-06 Relisted — BRIGHT MLS
• 2021-09-29 Pending — BRIGHT MLS
• 2021-09-08 Listed $10,000 BRIGHT MLS

Property tax history

-5.0%/yr

Latest (2025): $164 · -89.2% YoY. Source: county tax records.