3306 Auchentoroly Ter · Baltimore, MD 21217

$374,999

6 bd · 3.0 ba · 2,860 sqft · MultiFamily public records · 30 Days on market

Built 1900

---

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
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Rent growth +4.2/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

Key facts

• New flooring
• Recently renovated
• Granite countertops

Tags

• INVESTMENT OPPORTUNITY
• HOUSE-HACKING POTENTIAL
• RECENTLY RENOVATED
• NEW FLOORING
• GRANITE COUNTERTOPS
• COMMON LAUNDRY ACCESS

Property features AI

Exterior

• Parking: Attached garage (2 spaces); On-street parking
• Utilities: Public water; Public sewer; Natural gas hot water
• Home design: Interior townhouse/rowhouse
• Construction: Other foundation details
• Exterior features: Balcony; Above-grade and below-grade structures

Interior

• Kitchen: Gas oven/range; Range hood; Refrigerator
• Bedrooms: Three 2-bedroom units
• Flooring: Wood floors
• Heating & cooling: Radiator heat; Ceiling fans; Electric cooling; Natural gas heating and hot water
• Interior features: Dining area; Combination dining/living space; Wood floors; French doors; Bay/bow windows

What this means for you Summary

Snapshot

• This is a 3 × 2-bed/1-bath units multifamily listed at $375k.

Deal economics

• At list price, monthly cash flow is $967 ($12k/yr) — positive. Per door: $322/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $375k).
• Recommended offer: $369k (1.5% 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 fast (+6.6%/yr); 331 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $4,221/mo this rent would consume 132% of the median local household income ($38k/yr) (locally 2921% 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 $3k of loan paydown is wiped out by about $11k 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 + 6.6% rent growth), your $105k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($369k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 21y ago; this cycle's ask has dropped $20k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $375k implies a 317% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — 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.

Recommended offer $369,374 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.05%
• DSCR: 1.49
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $128,700
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1721 Gwynns Falls Pkwy	0.13mi	7/— (+1)	2,541 (-11%)	14mo	$115,500	$45	59

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 · 6.63% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.16×
• Total profit: $16,736
• Equity at exit: $55,914

10-year hold

• IRR: 16.5%
• Equity multiple: 2.56×
• Total profit: $164,246
• Equity at exit: $32,423

Cash invested: $105,000 (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 21217

• Rents YoY: 6.6%
• Active inventory: 331
• Price-to-rent: 22.2×

Monthly cashflow live

• Estimated rent: $4,221 high
• Mortgage (P&I): −$1,967
• Tax from tax record: −$245 /mo · $2,936/yr
• Insurance: −$156
• HOA: −$0
• Vacancy / Maint / Mgmt: −$886
• Net cashflow: $967

Break-even live

Break-even rent $2,997

Max offer price $374,999

Occupancy floor 72%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$4,221
Total (3 units)			$4,221

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2401 W North Ave Baltimore, MD	5.0	2.0	2037	$1,800	$0.88	4d	1	0.74mi
727 Reservoir St Baltimore, MD	6.0	3.0	3428	$3,000	$0.88	17d	1	1.08mi

Listing history 46 events

1. 2026-06-18
   days on market $374,999 Active 30 DOM
2. 2026-06-17
   days on market $374,999 Active 29 DOM
3. 2026-06-16
   days on market $374,999 Active 28 DOM
4. 2026-06-15
   days on market $374,999 Active 27 DOM
5. 2026-06-13
   days on market $374,999 Active 25 DOM
6. 2026-06-09
   days on market $374,999 Active 21 DOM
7. 2026-06-08
   days on market $374,999 Active 20 DOM
8. 2026-06-07
   pricedays on market $374,999 Active 19 DOM
9. 2026-06-04
   days on market $395,000 Active 16 DOM
10. 2026-06-03
    days on market $395,000 Active 15 DOM
11. 2026-06-02
    days on market $395,000 Active 14 DOM
12. 2026-06-01
    days on market $395,000 Active 13 DOM
13. 2026-05-31
    days on market $395,000 Active 12 DOM
14. 2026-05-19
    listed $395,000 Active
15. 2017-03-28
    historical 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

16. 2017-03-15
    soldstatus $90,000 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

17. 2017-03-15
    soldstatus $90,000 Sold 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

18. 2017-02-13
    status Contract 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

19. 2016-12-28
    price $109,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

20. 2016-11-15
    status Active 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

21. 2016-09-16
    status Contract 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

22. 2016-07-19
    price $124,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

23. 2016-07-19
    status Active 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

24. 2016-06-09
    status Contract 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

25. 2016-05-16
    price $129,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

26. 2016-05-02
    status Active 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

27. 2016-04-29
    status Contingent (No Kick Out) 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

28. 2016-03-09
    price $144,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

29. 2016-02-11
    price $149,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

30. 2016-01-20
    price $164,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

31. 2015-12-04
    listed $174,990 Active 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

32. 2015-12-04
    listed $109,900 218-char remark

    Show marketing remark (218 chars)

    JUST REDUCED ANOTHER $15K!!! 3 Unit Building. Unit #1: 2BR 1BA sep LR/DR, 1 FP, Kit, access to rear. Unit #2: 2BR 1BA Sep LR/DR, kit, 1FP, balcony. Unit #3: 2BR, LR, Kit, Balcony. 2 Car det garage. Tons of potential.

33. 2006-09-05
    soldstatus $299,000
34. 2006-06-09
    soldstatus $299,000
35. 2006-06-09
    soldstatus $299,000
36. 2006-05-02
    soldstatus $150,000
37. 2006-03-06
    historical
38. 2006-03-06
    historical
39. 2005-12-27
    listed $299,000
40. 2005-12-13
    listed $299,000
41. 2005-12-12
    historical
42. 2005-12-12
    listed
43. 2005-06-20
    soldstatus $150,000
44. 2005-06-06
    historical
45. 2005-06-02
    listed $153,000
46. 2005-03-14
    soldstatus $110,000

ⓘ 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: $2,936 · $245/mo
• Projected year-2 tax: $3,512 · $293/mo
• Expected delta: +$576/yr (+$48/mo · 19.6%)

ⓘ 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 ≥104°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

Taxation est. · year 1

• Rental income: $50,652
• − Mortgage interest: −$21,006
• − Property taxes: −$2,936
• − Insurance: −$1,875
• − Repairs & maintenance: −$4,052
• − Management: −$4,052
• − Depreciation: −$10,909
• Taxable income: $5,822
• Est. tax owed @ 24.0%: −$1,397
• After-tax cash flow: $10,208/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): 30,792
• Household income: $38,409
• Rent vs Own: 70.0% rent · 30.0% own
• Severe rent burden: 2921.0

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 (81%)
• Race & ethnicity: Black 81% White 12% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 1% Hispanic 1% Italian 1%
• Foreign-born: 5% · Canada, China, South Korea
• Languages at home: 94% English-only · Spanish 2% French/Haitian/Cajun 1% Chinese 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: ▼ -187.20%
• Current HPI: 104.2102
• Rent YoY: ▲ 6.63%
• 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
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+259.1% since first listed

33 events — show timeline

• 2026-05-19 Listed $395,000 BRIGHT MLS
• 2017-03-28 Listing Removed — BRIGHT MLS
• 2017-03-15 Sold (MLS) $90,000 MRIS
• 2017-03-15 Sold (MLS) $90,000 BRIGHT MLS
• 2017-02-13 Pending — MRIS
• 2016-12-28 Price Changed $109,900 MRIS
• 2016-11-15 Relisted — MRIS
• 2016-09-16 Pending — MRIS
• 2016-07-19 Price Changed $124,900 MRIS
• 2016-07-19 Relisted — MRIS
• 2016-06-09 Pending — MRIS
• 2016-05-16 Price Changed $129,900 MRIS
• 2016-05-02 Relisted — MRIS
• 2016-04-29 Pending — MRIS
• 2016-03-09 Price Changed $144,900 MRIS
• 2016-02-11 Price Changed $149,900 MRIS
• 2016-01-20 Price Changed $164,900 MRIS
• 2015-12-04 Listed $174,990 MRIS
• 2015-12-04 Listed $109,900 BRIGHT MLS
• 2006-09-05 Sold (Public Records) $299,000 Public Records
• 2006-06-09 Sold (MLS) $299,000 MRIS
• 2006-06-09 Sold (MLS) $299,000 MRIS
• 2006-05-02 Sold (Public Records) $150,000 Public Records
• 2006-03-06 Delisted — MRIS
• 2006-03-06 Delisted — MRIS
• 2005-12-27 Listed $299,000 MRIS
• 2005-12-13 Listed $299,000 MRIS
• 2005-12-12 Listed — MRIS
• 2005-12-12 Delisted — MRIS
• 2005-06-20 Sold (MLS) $150,000 MRIS
• 2005-06-06 Delisted — MRIS
• 2005-06-02 Listed $153,000 MRIS
• 2005-03-14 Sold (Public Records) $110,000 Public Records

Property tax history

-3.7%/yr

Latest (2025): $2,936 · +0.0% YoY. Source: county tax records.