2120 Bolton St · Baltimore, MD 21217

$265,000

4 bd · 1.0 ba · 2,916 sqft · Townhouse public records · 17 Days on market

Built 1900 2,592 sqft lot $91/sqft · 38% below area Est $426k · 38% under

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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 +16.6/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• 1% rule +4.7/10.0
• 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

Listing remarks MLS

Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

Key facts

• Central staircase
• Pocket doors
• Unfinished basement

Tags

• THREE SEPARATE APARTMENTS
• SPACIOUS SINGLE-FAMILY HOME
• UNFINISHED BASEMENT
• EXISTING KITCHEN HOOKUPS
• CENTRAL STAIRCASE
• POCKET DOORS

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: On-street parking
• Utilities: Electric hot water; Public sewer; Public water
• Home design: Interior townhouse/rowhouse
• Construction: Brick construction; Slab foundation; Above-grade and below-grade structures
• Exterior features: No tidal water

Interior

• Kitchen: Kitchen with table space; Second kitchen (additional/kitchenette)
• Bedrooms: Two bedrooms on the first upper level; Two bedrooms on the second upper level
• Flooring: Wood floors
• Bathrooms: Three full bathrooms on upper levels (2 on first upper level, 1 on second upper level); One half bathroom on the main level
• Interior features: Second kitchen; Ceiling fans; Dining area; Kitchen with table space; Master bathroom; Wood floors; Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath townhouse listed at $265k.

Deal economics

• At list price, monthly cash flow is $160 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $258k (2.5% below list).
• Recommended offer: $258k (2.5% below list) — sets the bar for 1% rule.

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); 334 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $2,582/mo this rent would consume 81% 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 $2k of loan paydown is wiped out by about $8k 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 17 days — a 2% lower offer ($261k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $258,246 (2.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 7.02%
• Cash-on-cash: 2.59%
• DSCR: 1.12
• GRM: 8.6

CMA / ARV

• ARV (median comp): $425,817
• List price: $265,000
• Delta: -37.77%
• 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
2120 Bolton St	0.00mi	4/3.5	2,916 (0%)	0mo	$262,500	$90	90
1911 Park Ave	0.13mi	5/3.0 (+1)	2,805 (-4%)	4mo	$440,000	$157	71
724 Reservoir St	0.06mi	5/3.5 (+1)	2,692 (-8%)	3mo	$332,500	$124	67
604 Reservoir St	0.18mi	5/2.5 (+1)	3,192 (+10%)	8mo	$475,000	$149	58
1803 Madison Ave	0.35mi	3/3.0 (-1)	3,148 (+8%)	3mo	$460,000	$146	54
2103 Bolton St	0.04mi	4/4.5	3,322 (+14%)	10mo	$520,000	$157	52
1750 Park Ave	0.18mi	3/3.5 (-1)	3,239 (+11%)	9mo	$490,000	$151	51
130 W Lanvale St	0.57mi	4/2.5	2,692 (-8%)	8mo	$475,000	$176	48
1310 Bolton St	0.56mi	4/3.0	3,288 (+13%)	7mo	$937,500	$285	39
1431 Madison Ave	0.53mi	3/3.5 (-1)	3,250 (+12%)	4mo	$390,000	$120	38
254 Waxter Way	0.63mi	3/3.5 (-1)	3,192 (+10%)	2mo	$465,000	$146	38
1917 Mcculloh St	0.36mi	5/5.5 (+1)	3,350 (+15%)	6mo	$324,000	$97	33

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: -8.1%
• Equity multiple: 0.69×
• Total profit: $-22,911
• Equity at exit: $39,512

10-year hold

• IRR: 5.7%
• Equity multiple: 1.49×
• Total profit: $36,675
• Equity at exit: $22,912

Cash invested: $74,200 (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: 334
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,582 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$380 /mo · $4,561/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$542
• Net cashflow: $160

Break-even live

Break-even rent $2,380

Max offer price $265,000

Occupancy floor 89%

Sensitivity live

Price	-10% $310	-5% $235	+0% $160	+5% $85	+10% $10
Rent	-10% $-44	-5% $58	+0% $160	+5% $262	+10% $364
Rate	-1.0pp $293	-0.5pp $227	base $160	+0.5pp $91	+1.0pp $21

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
736 Watts St Baltimore, MD	3.0	3.5	2000	$3,250	$1.62	44d	1	0.06mi
914 Whitelock St Baltimore, MD	4.0	3.5	2880	$2,250	$0.78	5d	1	0.25mi
2302 Mount Royal Ter Baltimore, MD	4.0	3.5	2351	$3,000	$1.28	25d	1	0.25mi
2535 Brookfield Ave Baltimore, MD	3.0	1.0	2736	$1,500	$0.55	44d	1	0.36mi
1929 McCulloh St Baltimore, MD	3.0	2.5	3293	$2,595	$0.79	44d	1	0.36mi
1927 Druid Hill Ave #2 Baltimore, MD	3.0	2.0	3312	$2,350	$0.71	44d	1	0.41mi
1628 McCulloh St Unit 2 Baltimore, MD	4.0	2.5	2000	$2,000	$1.00	5d	1	0.46mi
1725 Druid Hill Ave Baltimore, MD	4.0	3.0	2195	$2,100	$0.96	25d	1	0.46mi
1614 McCulloh St #1 Baltimore, MD	3.0	3.0	2885	$2,400	$0.83	44d	1	0.48mi
147 W Lafayette Ave Baltimore, MD	4.0	2.5	2400	$3,250	$1.35	44d	1	0.49mi
2511 Madison Ave Unit 1 Baltimore, MD	4.0	2.0	2700	$2,700	$1.00	44d	1	0.49mi
2534 McCulloh St Unit 1 Baltimore, MD	4.0	2.0	2861	$3,300	$1.15	25d	1	0.56mi
549 Mosher St Baltimore, MD	3.0	1.0	2200	$1,350	$0.61	44d	1	0.67mi
32 E Preston St Unit B Baltimore, MD	3.0	3.0	2500	$2,890	$1.16	44d	1	0.95mi
1643 Guilford Ave Baltimore, MD	3.0	3.5	2273	$3,200	$1.41	44d	1	0.99mi
324 E 23rd St Baltimore, MD	3.0	1.5	2018	$2,200	$1.09	25d	1	1.00mi
313 E 25th St Baltimore, MD	5.0	2.5	2350	$2,550	$1.09	25d	1	1.02mi
10 E Chase St Baltimore, MD	4.0	2.5	2626	$3,499	$1.33	44d	1	1.03mi
312 E 25th St Baltimore, MD	4.0	3.5	1960	$2,800	$1.43	44d	1	1.03mi
411 E Lafayette Ave Baltimore, MD	3.0	2.5	2450	$2,900	$1.18	25d	1	1.06mi
2128 N Pulaski St Baltimore, MD	4.0	3.0	2166	$2,200	$1.02	44d	1	1.17mi
719 E 20th St Baltimore, MD	5.0	3.0	2060	$2,400	$1.17	3d	1	1.19mi
719 E 20th St Baltimore, MD	5.0	3.5	2060	$3,000	$1.46	25d	1	1.19mi
3010 Guilford Ave Baltimore, MD	5.0	2.5	2174	$3,980	$1.83	12d	1	1.25mi
424 Ilchester Ave Baltimore, MD	3.0	3.0	1976	$1,800	$0.91	16d	1	1.30mi
2401 W North Ave Baltimore, MD	5.0	2.0	2037	$1,800	$0.88	5d	1	1.41mi
3214 Abell Ave Baltimore, MD	3.0	1.5	2300	$2,800	$1.22	25d	1	1.42mi
7 W Mulberry St Unit 05 Baltimore, MD	3.0	2.0	1940	$1,750	$0.90	25d	1	1.45mi

Listing history 10 events

1. 2026-05-06
   listed $265,000 Active 1327-char remark
2. 2026-01-28
   soldstatus $220,000
3. 2026-01-20
   soldstatus $220,000 Closed 1820-char remark

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

4. 2025-12-30
   status Pending 1820-char remark

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

5. 2025-12-30
   status Pending

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

6. 2025-12-30
   historical

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

7. 2025-12-23
   listed $225,000 Active 1820-char remark

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

8. 2025-12-23
   listed $225,000 Active

   Show marketing remark (1820 chars)

   Steps from the new Reservoir Square development, this three-story brick building presents a flexible renovation opportunity in one of Baltimore’s most actively improving neighborhoods. Currently configured as three apartments, the property may be renovated under a similar layout or converted back to a spacious single-family residence. The building offers approximately 2,916 square feet above grade plus an unfinished basement. Each floor is laid out as a two-bedroom, one-bath apartment with existing kitchen hookups (gas and plumbing in place), living areas, and generous room sizes. Original architectural details remain throughout, including an elegant central staircase and pocket doors. Windows are single-pane wood. Utilities & Systems: Gas and electric are already separated for three apartments plus public service. The property has four electric meters (100-amp service) and two active gas meters, with two additional gas hookups available. Heat is provided by a gas-fired boiler; hot water by a gas-fired water heater. A TPO roof is already in place, taking one big ticket item off a rehabbers list. The large rear yard offers potential to create off-street parking, consistent with improvements seen on neighboring properties. Zoning: Zoned R-8, allowing three dwelling units by right with no parking requirement under Baltimore City zoning. The property is currently permitted as a single-family residence. Location: Situated in Reservoir Hill, just minutes from Druid Hill Park, the Baltimore Zoo, neighborhood parks, and trails. The area benefits from continued public and private investment, with easy access to Pennsylvania Avenue, North Avenue, and major commuter routes. An opportunity to renovate, reconfigure, or reposition in a neighborhood with visible momentum and long-term upside.

9. 2024-10-15
   soldstatus $150,000
10. 1981-12-22
    soldstatus $37,000

ⓘ 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: $4,561 · $380/mo
• Projected year-2 tax: $4,561 · $380/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

Taxation est. · year 1

• Rental income: $30,990
• − Mortgage interest: −$14,844
• − Property taxes: −$4,561
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,479
• − Management: −$2,479
• − Depreciation: −$7,709
• Taxable loss: −$2,408
• Est. tax savings @ 24.0%: +$578
• After-tax cash flow: $2,497/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

+609.5% since first listed

12 events — show timeline

• 2026-06-05 Sold (MLS) $262,500 BRIGHT MLS
• 2026-05-23 Pending — BRIGHT MLS
• 2026-05-06 Listed $265,000 BRIGHT MLS
• 2026-01-28 Sold (Public Records) $220,000 Public Records
• 2026-01-20 Sold (MLS) $220,000 BRIGHT MLS
• 2025-12-30 Pending — BRIGHT MLS
• 2025-12-30 Pending — BRIGHT MLS
• 2025-12-30 Listing Removed — BRIGHT MLS
• 2025-12-23 Listed $225,000 BRIGHT MLS
• 2025-12-23 Listed $225,000 BRIGHT MLS
• 2024-10-15 Sold (Public Records) $150,000 Public Records
• 1981-12-22 Sold (Public Records) $37,000 Public Records

Property tax history

-1.5%/yr

Latest (2025): $4,561 · +176.9% YoY. Source: county tax records.