511 E Cold Spring Ln · 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 +3.7/5.0
- Condition / age +2.2/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$79,200
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Built in 1941, this attached townhome offers approximately 1114 finished square feet, three bedrooms and two full baths, unfinished basement and covered front porch. This home sits on an approximate 1740 sqft lot.
Key facts
- Built 1941
- Listed 120 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath townhouse listed at $79k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $819 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $79k).
- Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
- Cap rate 18.7% 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: 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.
- Zoned schools: Elmer A. Henderson: A Johns Hopkins Partnership (math 2% / reading 16%, grade F, #650 of 860 statewide, top 77%, 642 students, 80% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+4.7%/yr); 185 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $548 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 + 4.7% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 121 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1941 — 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 121 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 2.28% ✓
- Cap rate
- 18.71%
- Cash-on-cash
- 44.33%
- DSCR
- 2.97
- GRM
- 3.7
CMA / ARV
- ARV (median comp)
- $164,671
- List price
- $79,200
- Delta
- -51.90%
- 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 |
|---|---|---|---|---|---|---|---|
| 351 Homeland Southway Unit 3D | 0.50mi | 2/2.0 (-1) | 1,113 (-0%) | 1mo | $185,000 | $166 | 70 |
| 5204 Ivanhoe Ave | 0.51mi | 3/2.0 | 1,080 (-3%) | 1mo | $150,000 | $139 | 70 |
| 739 Springfield Ave | 0.39mi | 3/1.0 | 1,160 (+4%) | 4mo | $125,000 | $108 | 68 |
| 800 Radnor Ave | 0.25mi | 3/1.5 | 1,224 (+10%) | 4mo | $99,900 | $82 | 67 |
| 812 Mccabe Ave | 0.50mi | 3/1.0 | 1,080 (-3%) | 3mo | $150,000 | $139 | 65 |
| 608 Springfield Ave | 0.37mi | 3/1.0 | 1,220 (+10%) | 2mo | $110,000 | $90 | 61 |
| 918 Argonne Dr | 0.62mi | 3/1.0 | 1,080 (-3%) | 1mo | $156,500 | $145 | 61 |
| 331 Homeland Southway Unit 3B | 0.56mi | 2/2.0 (-1) | 1,066 (-4%) | 1mo | $210,000 | $197 | 61 |
| 355 Homeland Southway Unit 2B | 0.48mi | 2/1.5 (-1) | 1,043 (-6%) | 2mo | $205,000 | $197 | 58 |
| 827 Belgian Ave | 0.47mi | 3/2.0 | 1,260 (+13%) | 3mo | $130,000 | $103 | 54 |
| 1312 E Cold Spring Ln | 0.75mi | 3/1.0 | 1,216 (+9%) | 3mo | $147,000 | $121 | 44 |
| 934 Argonne Dr | 0.60mi | 3/1.0 | 1,260 (+13%) | 4mo | $130,000 | $103 | 42 |
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 · 4.65% rent growth · sell at horizon
- IRR
- 43.3%
- Equity multiple
- 2.91×
- Total profit
- $42,462
- Equity at exit
- $11,809
- IRR
- 50.1%
- Equity multiple
- 6.29×
- Total profit
- $117,371
- Equity at exit
- $6,848
Cash invested: $22,176 (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
Active competition Active MLS
- For sale now
- 53 active · 33 under contract
- Months of supply
- 6.8 mo (15%/mo absorbed)
- Median asking
- $171,000 ($160/sqft)
- Median days on market
- 51 d
- This list price
- 9% of active listings are priced below it
- ARV vs active asking
- -7.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 21212
- Rents YoY
- 4.7%
- Active inventory
- 185
- Price-to-rent
- 3.7×
Monthly cashflow live
- Estimated rent
- $1,807 high interval (Pro) →
- Mortgage (P&I)
- −$415
- Tax from tax record
- −$160 /mo · $1,918/yr
- Insurance
- −$33
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$379
- Net cashflow
- $819
Break-even live
Sensitivity live
| Price | -10% $864 | -5% $842 | +0% $819 | +5% $797 | +10% $774 |
|---|---|---|---|---|---|
| Rent | -10% $677 | -5% $748 | +0% $819 | +5% $891 | +10% $962 |
| Rate | -1.0pp $859 | -0.5pp $839 | base $819 | +0.5pp $799 | +1.0pp $778 |
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
- $19,800
- Closing costs
- $2,376
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 519 E Cold Spring Ln Baltimore, MD | 3.0 | 1.5 | 1298 | $1,910 | $1.47 | 21d | 1 | 0.02mi |
| 531 Willow Ave Unit Na Baltimore, MD | 4.0 | 1.0 | 1300 | $1,800 | $1.38 | 69d | 1 | 0.10mi |
| 514 Oakland Ave Baltimore, MD | 3.0 | 1.5 | 1380 | $2,300 | $1.67 | 12d | 1 | 0.16mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 69d | 1 | 0.17mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 93d | 1 | 0.17mi |
| 835 E Cold Spring Ln Baltimore, MD | 2.0 | 1.5 | 997 | $1,400 | $1.40 | 73d | 1 | 0.27mi |
| 543 Chateau Ave Baltimore, MD | 3.0 | 2.0 | 1152 | $1,900 | $1.65 | 53d | 1 | 0.32mi |
| 416 Winston Ave Unit 426-01 Baltimore, MD | 2.0 | 1.0 | 890 | $1,250 | $1.40 | 93d | 1 | 0.32mi |
| 416 Winston Ave Unit 426-08 Baltimore, MD | 2.0 | 1.0 | 790 | $950 | $1.20 | 17d | 1 | 0.32mi |
| 5001 Midwood Ave Apt 2A Baltimore, MD | 2.0 | 1.0 | 750 | $1,265 | $1.69 | 93d | 1 | 0.37mi |
| 720 Springfield Ave Baltimore, MD | 3.0 | 1.0 | 1160 | $2,000 | $1.72 | 93d | 1 | 0.37mi |
| 815 Gilrubin Ct Baltimore, MD | 2.0 | 1.0 | 900 | $1,695 | $1.88 | 93d | 1 | 0.42mi |
| 812 Nat Ct Apt 12 Baltimore, MD | 2.0 | 1.0 | 900 | $1,295 | $1.44 | 93d | 1 | 0.45mi |
| 711 1/2 McCabe Ave Baltimore, MD | 4.0 | 3.0 | 1204 | $2,350 | $1.95 | 53d | 1 | 0.45mi |
| 5200 Ready Ave Baltimore, MD | 3.0 | 1.5 | 1116 | $1,950 | $1.75 | 53d | 1 | 0.49mi |
| 929 E 41st St Baltimore, MD | 3.0 | 1.0 | 1260 | $1,900 | $1.51 | 23d | 1 | 0.55mi |
| 5307 York Rd Baltimore, MD | 2.0 | 1.0 | 1120 | $1,200 | $1.07 | 93d | 1 | 0.57mi |
| 956 Argonne Dr Baltimore, MD | 2.0 | 1.0 | 630 | $1,195 | $1.90 | 9d | 8 | 0.59mi |
| 1260 Rossiter Ave Baltimore, MD | 2.0 | 1.0 | 710 | $1,280 | $1.80 | 9d | 32 | 0.63mi |
| 1224 Winston Ave Baltimore, MD | 3.0 | 2.0 | 1248 | $2,100 | $1.68 | 67d | 1 | 0.65mi |
| 1275 Kitmore Rd Unit 1231B-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,485 | $1.83 | 28d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1221B-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,560 | $1.92 | 73d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1267K-T Baltimore, MD | 2.0 | 1.0 | 827 | $1,585 | $1.92 | 93d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1245K-T Baltimore, MD | 3.0 | 1.0 | 935 | $1,895 | $2.03 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1276B-A Baltimore, MD | 2.0 | 1.0 | 812 | $1,360 | $1.67 | 93d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1215B-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,435 | $1.77 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1260K-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,410 | $1.74 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Baltimore, MD | 2.0 | 1.0 | 827 | $1,525 | $1.84 | 93d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1263K-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,485 | $1.83 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Baltimore, MD | 3.0 | 1.0 | 935 | $1,895 | $2.03 | 41d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1245B-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,535 | $1.89 | 35d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1248B-A Baltimore, MD | 2.0 | 1.0 | 812 | $1,360 | $1.67 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1259K-T Baltimore, MD | 2.0 | 1.0 | 811 | $1,535 | $1.89 | 53d | 1 | 0.71mi |
| 1275 Kitmore Rd Unit 1262B-A Baltimore, MD | 2.0 | 1.0 | 923 | $1,320 | $1.43 | 51d | 1 | 0.71mi |
| 3800 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1360 | $2,007 | $1.48 | 41d | 1 | 0.71mi |
| 1221 Glenwood Ave Baltimore, MD | 3.0 | 2.0 | 1390 | $2,595 | $1.87 | 93d | 1 | 0.75mi |
| 3721 Ellerslie Ave Baltimore, MD | 1.0–3.0 | 1.0–2.0 | 924 | $1,603 | $1.73 | 47d | 1 | 0.79mi |
| 612 Chestnut Hill Ave Unit 1 Baltimore, MD | 2.0 | 1.0 | 900 | $1,799 | $2.00 | 41d | 1 | 0.82mi |
| 3820 Elkader Rd Baltimore, MD | 3.0 | 1.5 | 1082 | $1,899 | $1.76 | 21d | 1 | 0.84mi |
| 1006 Cameron Rd Baltimore, MD | 2.0 | 1.0 | 1032 | $950 | $0.92 | 93d | 1 | 0.87mi |
Property features AI
Exterior
- Utilities
- Public waterPublic sewer
- Home design
- Interior townhouse/rowhouseFee simple ownership
- Construction
- Brick constructionShingle roofOther foundationBuilt year per assessor
- Exterior features
- Not on tidal waterAbove-grade and below-grade other structures
Interior
- Bedrooms
- 3 bedrooms on main level
- Bathrooms
- 2 full bathrooms (both on main level)
- Heating & cooling
- Radiator heatingOther cooling
- Interior features
- Unfinished basement6 total rooms
Listing history 50 events
-
2026-08-08days on market $79,200 Active 121 DOM
-
2026-08-06days on market $79,200 Active 119 DOM
-
2026-08-05days on market $79,200 Active 118 DOM
-
2026-08-04days on market $79,200 Active 117 DOM
-
2026-08-03days on market $79,200 Active 116 DOM
-
2026-07-31days on market $79,200 Active 113 DOM
-
2026-07-30days on market $79,200 Active 111 DOM
-
2026-07-28days on market $79,200 Active 110 DOM
-
2026-07-26days on market $79,200 Active 108 DOM
-
2026-07-24days on market $79,200 Active 106 DOM
-
2026-07-23days on market $79,200 Active 105 DOM
-
2026-07-22days on market $79,200 Active 104 DOM
-
2026-07-21days on market $79,200 Active 103 DOM
-
2026-07-20days on market $79,200 Active 102 DOM
-
2026-07-18days on market $79,200 Active 100 DOM
-
2026-07-18days on market $79,200 Active 99 DOM
-
2026-07-16days on market $79,200 Active 98 DOM
-
2026-07-15days on market $79,200 Active 97 DOM
-
2026-07-14days on market $79,200 Active 96 DOM
-
2026-07-13pricedays on market $79,200 Active 95 DOM
-
2026-07-13days on market $84,200 Active 94 DOM
-
2026-07-11days on market $84,200 Active 93 DOM
-
2026-07-10days on market $84,200 Active 92 DOM
-
2026-07-09days on market $84,200 Active 91 DOM
-
2026-07-07days on market $84,200 Active 89 DOM
-
2026-07-06days on market $84,200 Active 88 DOM
-
2026-07-05days on market $84,200 Active 87 DOM
-
2026-07-03days on market $84,200 Active 85 DOM
-
2026-07-02days on market $84,200 Active 84 DOM
-
2026-07-01days on market $84,200 Active 83 DOM
-
2026-06-30days on market $84,200 Active 82 DOM
-
2026-06-29days on market $84,200 Active 81 DOM
-
2026-06-28days on market $84,200 Active 80 DOM
-
2026-06-27pricedays on market $84,200 Active 79 DOM
-
2026-06-26days on market $89,200 Active 78 DOM
-
2026-06-24days on market $89,200 Active 76 DOM
-
2026-06-22days on market $89,200 Active 74 DOM
-
2026-06-21days on market $89,200 Active 73 DOM
-
2026-06-18days on market $89,200 Active 70 DOM
-
2026-06-17days on market $89,200 Active 69 DOM
-
2026-06-16days on market $89,200 Active 68 DOM
-
2026-06-15days on market $89,200 Active 67 DOM
-
2026-06-13pricedays on market $89,200 Active 65 DOM
-
2026-06-09days on market $93,400 Active 61 DOM
-
2026-06-08days on market $93,400 Active 60 DOM
-
2026-06-07days on market $93,400 Active 59 DOM
-
2026-06-04days on market $93,400 Active 56 DOM
-
2026-06-03days on market $93,400 Active 55 DOM
-
2026-06-02days on market $93,400 Active 54 DOM
-
2026-06-01days on market $93,400 Active 53 DOM
ⓘ 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
- $1,918 · $160/mo
- Projected year-2 tax
- $1,918 · $160/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
- $21,683
- − Mortgage interest
- −$4,436
- − Property taxes
- −$1,918
- − Insurance
- −$396
- − Repairs & maintenance
- −$1,735
- − Management
- −$1,735
- − Depreciation
- −$2,304
- Taxable income
- $9,159
- Est. tax owed @ 24.0%
- −$2,198
- After-tax cash flow
- $7,633/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.
Condition & rehab AI · 2 photos
This attached townhouse requires significant repairs and updates to its roof, exterior, interior, and HVAC systems. Improvements in these areas will significantly increase its resale and rental value.
Deferred maintenance Est. $40,000–$120,000 screening
- Major Roof (roof) — Signs of significant damage or wear on the roof
- Major Windows (windows) — Visible damage or wear on the windows
- Major Electrical (electrical) — Signs of wear or damage on the electrical components
- Major Exterior (exterior) — Signs of significant wear or damage on the exterior
Repairs flagged
- Major roof — Signs of wear and discoloration indicate significant damage.
- Moderate exterior siding — Some discoloration and minor damage are visible.
- Moderate front porch — Peeling paint and structural issues are present.
- Minor landscaping — Overgrown grass and lack of decorative elements.
- Minor fencing — Some wear and tear is visible.
- Major interior walls and paint — Peeling paint and outdated colors indicate significant wear.
- Major kitchen and bathrooms — Outdated fixtures and signs of wear and tear.
- Major flooring — Old and possibly in need of replacement.
- Major HVAC and mechanical systems — Outdated and may need replacement.
- Major unfinished basement — Potential structural issues or water damage need addressing.
Value-add opportunities
- Both roof replacement — A new roof will significantly improve the home's appearance and value. ↑
- Both exterior siding and paint — Updating the siding and repainting will enhance curb appeal and value. ↑
- Both HVAC and mechanical systems upgrade — Upgrading these systems will improve comfort and energy efficiency, increasing both resale and rental value. ↑
- Both kitchen and bathroom updates — Modernizing the kitchen and bathrooms will make the home more attractive and functional, increasing both resale and rental value. ↑
- Both flooring replacement — Replacing old flooring with new, durable options will improve the home's appearance and value. ↑
- Both landscaping and curb appeal improvements — Enhancing the landscaping and curb appeal will make the home more attractive and increase its value. ↑
- Both painting interior walls and updating fixtures — Updating the interior paint and fixtures will make the home more attractive and functional, increasing both resale and rental value. ↑
- Both structural repairs to unfinished basement — Addressing any structural issues in the unfinished basement will improve the home's safety and value, increasing both resale and rental value. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 624,249 people
- City population
- 588,727
- Metro
- Baltimore-Columbia-Towson, MD
- Population (ZIP)
- 33,974
- Household income
- $96,685
- Rent vs Own
- Severe rent burden
- 7% of renters
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 0.64)
- Race & ethnicity
- White 49% Black 35% Two or more races 9% Hispanic / Latino 7% Asian 4%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 1%
- Common ancestry
- Romanian 3% Italian 2% Slovak 2%
- Foreign-born
- 9% · Canada, China
- Languages at home
- 87% English-only · Spanish 5% Other Indo-European 2% French/Haitian/Cajun 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
- ▼ -392.44%
- Current HPI
- 267.4569
- Rent YoY
- ▲ 4.65%
- 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 |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
-24.3% since first listed6 events — show timeline
- 2026-06-26 Price Changed $84,200 BRIGHT MLS
- 2026-06-10 Price Changed $89,200 BRIGHT MLS
- 2026-05-26 Price Changed $93,400 BRIGHT MLS
- 2026-05-11 Price Changed $97,600 BRIGHT MLS
- 2026-04-24 Price Changed $105,000 BRIGHT MLS
- 2026-04-09 Listed $111,300 BRIGHT MLS
Property tax history
-1.9%/yrLatest (2025): $1,918 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…