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3132 Ellerslie Ave
D Composite 43.33
Why this score? — see what drove the D 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 +17.7/30.0
  • DSCR +5.5/10.0
  • ARV discount +5.0/15.0
  • 1% rule +4.9/10.0
  • 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

$169,900

3132 Ellerslie Ave · Baltimore, MD 21218
3 bd · 2.0 ba · 870 sqft · Townhouse public records · 31 Days on market
Built 1931 1,140 sqft lot $195/sqft · 6% above area Est $161k · 6% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Imagine starting your Saturday morning with a coffee on your classic Baltimore front porch, greeting neighbors in the heart of the Better Waverly Historic District. Just a short stroll from the famous Waverly Farmers Market, Johns Hopkins Homewood Campus, and the serene shores of Lake Montebello, 3132 Ellerslie Ave offers the quintessential city lifestyle with updates that make move-in day a breeze. Inside, you're greeted by the warmth of original hardwood floors and a spacious layout that feels both historic and fresh. Whether you’re a first-time buyer looking for a solid investment or a professional wanting a creative retreat, this home delivers. The Standout Features: Designer Bathroom (2026): The crown jewel of the home. A top-to-bottom renovation featuring floor-to-ceiling marble-patterned porcelain tile, a sleek espresso vanity, and modern brushed-nickel fixtures. Updated Kitchen: A functional and stylish space with deep espresso flooring, modern gray cabinetry, and a suite of new appliances (including a stainless steel range and refrigerator). The "Bonus" Basement: Say goodbye to dark, dingy cellars. This expansive, ultra-clean basement features freshly painted concrete floors—the perfect blank canvas for your art studio, home gym, or workshop. The Rare X-Factor: Never circle for parking again. This home includes a private one-car garage, a premium amenity in this neighborhood that offers security and convenience. Move-In Ready: Recently updated flooring, fresh paint throughout, and efficient radiator heat. This home is vacant and ready for an immediate closing! Don’t miss the chance to own a piece of Baltimore history with the modern perks of a private garage and a designer bath.

Key facts

  • Lake montebello
  • Designer bathroom
  • Garage

Tags

BALTIMORE FRONT PORCHWAVERLY FARMERS MARKETJOHNS HOPKINS HOMEWOOD CAMPUSLAKE MONTEBELLOORIGINAL HARDWOOD FLOORSDESIGNER BATHROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath townhouse listed at $170k.

Deal economics

  • At list price, monthly cash flow is $135 ($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 $169k (0.8% below list).
  • Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.2% vs local median 6.0% in Baltimore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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); Vanguard Collegiate Middle (math 3% / reading 15%, grade F, #212 of 225 statewide, top 95%, 343 students, 84% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL).
  • Zoned-school proficiency averages 32% at this address vs 12% district-wide (+20 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 (+1.6%/yr); 330 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); 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 $1k of loan paydown is wiped out by about $5k 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 31 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
  • 15 sale attempts since 26y ago; this cycle's ask has dropped $100k (37%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $24k; list at $170k implies a 608% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1931 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 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 1931 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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 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
0.99%
Cap rate
7.25%
Cash-on-cash
3.42%
DSCR
1.15
GRM
8.4

CMA / ARV

ARV (median comp)
$161,035
List price
$169,900
Delta
5.51%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3132 Ellerslie Ave 0.00mi 3/1.0 870 (0%) 0mo $170,000 $195 96
3103 Independence St 0.13mi 2/1.0 (-1) 930 (+7%) 5mo $145,000 $156 70
3050 Mathews St 0.11mi 3/2.0 940 (+8%) 15mo $197,000 $210 69
1157 Gorsuch Ave 0.22mi 2/1.0 (-1) 832 (-4%) 14mo $80,000 $96 61
704 E 36th St 0.45mi 2/1.5 (-1) 976 (+12%) 3mo $60,000 $61 49
738 E 37th St 0.53mi 3/1.5 986 (+13%) 3mo $215,000 $218 49
1 E University Pkwy E #1303 0.75mi 2/1.0 (-1) 916 (+5%) 3mo $120,500 $132 45
1 E University Pkwy #603 0.75mi 2/1.0 (-1) 914 (+5%) 6mo $100,000 $109 42
1 E University Pkwy #1502 0.75mi 2/1.5 (-1) 933 (+7%) 7mo $155,500 $167 40
716 Mckewin Ave 0.49mi 2/2.0 (-1) 986 (+13%) 17mo $140,000 $142 36
742 E 37th St 0.53mi 2/1.0 (-1) 986 (+13%) 12mo $200,000 $203 34
1 E University Pkwy #703 0.75mi 2/1.0 (-1) 916 (+5%) 16mo $160,000 $175 34

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

5-year hold
IRR
-12.5%
Equity multiple
0.56×
Total profit
$-21,155
Equity at exit
$25,333
10-year hold
IRR
-5.6%
Equity multiple
0.66×
Total profit
$-16,301
Equity at exit
$14,690

Cash invested: $47,572 (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.

ZIP-level market 21218

Rents YoY
1.6%
Active inventory
330
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$1,685 high interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$234 /mo · $2,809/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$354
Net cashflow
$135

Break-even live

Break-even rent $1,514
Max offer price $169,900
Occupancy floor 87%

Sensitivity live

Price -10% $232 -5% $184 +0% $135 +5% $87 +10% $39
Rent -10% $2 -5% $69 +0% $135 +5% $202 +10% $269
Rate -1.0pp $221 -0.5pp $179 base $135 +0.5pp $91 +1.0pp $47

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
$42,475
Closing costs
$5,097
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3026 Mathews St Baltimore, MD 2.0 1.0 996 $1,350 $1.36 16d 1 0.12mi
3012 Mathews St Baltimore, MD 2.0 1.0 996 $1,100 $1.10 19d 1 0.14mi
2821 Mathews St Unit 27-668 Baltimore, MD 2.0 1.0 730 $1,050 $1.44 25d 1 0.27mi
436 Ilchester Ave Unit 1 Baltimore, MD 2.0 2.0 1002 $1,350 $1.35 45d 1 0.34mi
1040 E 33rd St Baltimore, MD 1.0–2.0 1.0–2.0 775 $1,525 $1.97 0d 9 0.39mi
3221 Guilford Ave Apt A Baltimore, MD 3.0 1.5 1025 $2,925 $2.85 19d 1 0.46mi
3126 Guilford Ave Apt A Baltimore, MD 2.0 1.0 700 $1,770 $2.53 5d 1 0.47mi
3130 Guilford Ave Apt B Baltimore, MD 2.0 1.0 700 $1,790 $2.56 19d 1 0.47mi
2535 Greenmount Ave Unit 2 Baltimore, MD 2.0 1.0 800 $1,195 $1.49 45d 1 0.54mi
3221 The Alameda Unit 2 Baltimore, MD 2.0 1.0 750 $1,200 $1.60 25d 1 0.57mi
612 Chestnut Hill Ave Unit 1 Baltimore, MD 2.0 1.0 900 $1,999 $2.22 45d 1 0.58mi
2516 Barclay St Baltimore, MD 3.0 1.0 992 $1,375 $1.39 18d 1 0.59mi
1519 E 28th St Baltimore, MD 3.0 2.0 1100 $1,350 $1.23 45d 1 0.60mi
3721 Ellerslie Ave Baltimore, MD 1.0–3.0 1.0–2.0 924 $1,603 $1.73 0d 1 0.62mi
3501 Saint Paul St Baltimore, MD 2.0 1.0 673 $2,030 $3.02 0d 186 0.63mi
2637 Saint Paul St Unit 1A Baltimore, MD 2.0 1.0 850 $1,395 $1.64 0d 1 0.66mi
1 E University Pkwy Baltimore, MD 1.0–3.0 1.0–2.0 1045 $2,500 $2.39 6d 2 0.73mi
2310 Aisquith St Baltimore, MD 4.0 3.0 900 $2,000 $2.22 6d 1 0.74mi
1504 Upshire Rd Unit 1E Baltimore, MD 2.0 1.0 1000 $1,400 $1.40 45d 1 0.80mi
2752 Maryland Ave Unit 2ND FLOOR Baltimore, MD 2.0 1.0 900 $1,500 $1.67 19d 1 0.80mi
2440 Saint Paul St Unit 4E Baltimore, MD 2.0 2.0 891 $1,625 $1.82 45d 1 0.81mi
1832 E 28th St Baltimore, MD 3.0 1.0 1066 $1,495 $1.40 25d 1 0.83mi
2315 St Paul St Baltimore, MD 1.0–2.0 1.0 579 $1,595 $2.75 3d 5 0.86mi
2300 N Calvert St Baltimore, MD 1.0–2.0 1.0–2.0 1100 $1,995 $1.81 4d 2 0.88mi
956 Argonne Dr Baltimore, MD 1.0–2.0 1.0 662 $1,295 $1.95 6d 6 0.99mi
3811 Canterbury Rd Baltimore, MD 2.0 1.0–2.0 975 $2,495 $2.56 14d 5 1.02mi
815 Gilrubin Ct Baltimore, MD 2.0 1.0 900 $1,695 $1.88 45d 1 1.07mi
812 Nat Ct Apt 12 Baltimore, MD 2.0 1.0 900 $1,295 $1.44 45d 1 1.08mi
105 W 39th St Baltimore, MD 2.0 1.0 753 $2,250 $2.99 6d 1 1.14mi
1711 Latrobe St Baltimore, MD 2.0 1.5 1000 $1,700 $1.70 25d 1 1.19mi
430 Fawcett St Baltimore, MD 2.0 1.0 1008 $1,996 $1.98 0d 1 1.19mi
1708 Latrobe St Baltimore, MD 2.0 1.0 750 $2,250 $3.00 25d 1 1.20mi
612 Harding Pl Baltimore, MD 2.0 1.0 800 $2,200 $2.75 6d 1 1.20mi
448 Pitman Pl Baltimore, MD 2.0 1.5 940 $2,145 $2.28 25d 1 1.22mi
412 E Federal St Baltimore, MD 2.0 2.5 1100 $1,700 $1.55 25d 1 1.27mi
500 W University Pkwy Baltimore, MD 3.0 1.0–2.0 955 $3,015 $3.16 0d 55 1.30mi
3429 Chestnut Ave Unit 5 Baltimore, MD 2.0 2.5 900 $1,800 $2.00 25d 1 1.31mi
3429 Chestnut Ave Unit 2 Baltimore, MD 2.0 1.5 750 $1,899 $2.53 25d 1 1.31mi
1627 Rutland Ave Baltimore, MD 3.0 2.0 1100 $1,950 $1.77 25d 1 1.32mi
210 Federal St Baltimore, MD 3.0 1.0 900 $1,350 $1.50 22d 1 1.33mi

Listing history 43 events

  1. 2026-05-11
    status Pending 1744-char remark
    Show marketing remark (1744 chars)

    Imagine starting your Saturday morning with a coffee on your classic Baltimore front porch, greeting neighbors in the heart of the Better Waverly Historic District. Just a short stroll from the famous Waverly Farmers Market, Johns Hopkins Homewood Campus, and the serene shores of Lake Montebello, 3132 Ellerslie Ave offers the quintessential city lifestyle with updates that make move-in day a breeze. Inside, you're greeted by the warmth of original hardwood floors and a spacious layout that feels both historic and fresh. Whether you’re a first-time buyer looking for a solid investment or a professional wanting a creative retreat, this home delivers. The Standout Features: Designer Bathroom (2026): The crown jewel of the home. A top-to-bottom renovation featuring floor-to-ceiling marble-patterned porcelain tile, a sleek espresso vanity, and modern brushed-nickel fixtures. Updated Kitchen: A functional and stylish space with deep espresso flooring, modern gray cabinetry, and a suite of new appliances (including a stainless steel range and refrigerator). The "Bonus" Basement: Say goodbye to dark, dingy cellars. This expansive, ultra-clean basement features freshly painted concrete floors—the perfect blank canvas for your art studio, home gym, or workshop. The Rare X-Factor: Never circle for parking again. This home includes a private one-car garage, a premium amenity in this neighborhood that offers security and convenience. Move-In Ready: Recently updated flooring, fresh paint throughout, and efficient radiator heat. This home is vacant and ready for an immediate closing! Don’t miss the chance to own a piece of Baltimore history with the modern perks of a private garage and a designer bath.

  2. 2026-04-10
    price $169,900 1744-char remark
    Show marketing remark (1744 chars)

    Imagine starting your Saturday morning with a coffee on your classic Baltimore front porch, greeting neighbors in the heart of the Better Waverly Historic District. Just a short stroll from the famous Waverly Farmers Market, Johns Hopkins Homewood Campus, and the serene shores of Lake Montebello, 3132 Ellerslie Ave offers the quintessential city lifestyle with updates that make move-in day a breeze. Inside, you're greeted by the warmth of original hardwood floors and a spacious layout that feels both historic and fresh. Whether you’re a first-time buyer looking for a solid investment or a professional wanting a creative retreat, this home delivers. The Standout Features: Designer Bathroom (2026): The crown jewel of the home. A top-to-bottom renovation featuring floor-to-ceiling marble-patterned porcelain tile, a sleek espresso vanity, and modern brushed-nickel fixtures. Updated Kitchen: A functional and stylish space with deep espresso flooring, modern gray cabinetry, and a suite of new appliances (including a stainless steel range and refrigerator). The "Bonus" Basement: Say goodbye to dark, dingy cellars. This expansive, ultra-clean basement features freshly painted concrete floors—the perfect blank canvas for your art studio, home gym, or workshop. The Rare X-Factor: Never circle for parking again. This home includes a private one-car garage, a premium amenity in this neighborhood that offers security and convenience. Move-In Ready: Recently updated flooring, fresh paint throughout, and efficient radiator heat. This home is vacant and ready for an immediate closing! Don’t miss the chance to own a piece of Baltimore history with the modern perks of a private garage and a designer bath.

  3. 2026-04-10
    listed $269,900 Active 1744-char remark
    Show marketing remark (1744 chars)

    Imagine starting your Saturday morning with a coffee on your classic Baltimore front porch, greeting neighbors in the heart of the Better Waverly Historic District. Just a short stroll from the famous Waverly Farmers Market, Johns Hopkins Homewood Campus, and the serene shores of Lake Montebello, 3132 Ellerslie Ave offers the quintessential city lifestyle with updates that make move-in day a breeze. Inside, you're greeted by the warmth of original hardwood floors and a spacious layout that feels both historic and fresh. Whether you’re a first-time buyer looking for a solid investment or a professional wanting a creative retreat, this home delivers. The Standout Features: Designer Bathroom (2026): The crown jewel of the home. A top-to-bottom renovation featuring floor-to-ceiling marble-patterned porcelain tile, a sleek espresso vanity, and modern brushed-nickel fixtures. Updated Kitchen: A functional and stylish space with deep espresso flooring, modern gray cabinetry, and a suite of new appliances (including a stainless steel range and refrigerator). The "Bonus" Basement: Say goodbye to dark, dingy cellars. This expansive, ultra-clean basement features freshly painted concrete floors—the perfect blank canvas for your art studio, home gym, or workshop. The Rare X-Factor: Never circle for parking again. This home includes a private one-car garage, a premium amenity in this neighborhood that offers security and convenience. Move-In Ready: Recently updated flooring, fresh paint throughout, and efficient radiator heat. This home is vacant and ready for an immediate closing! Don’t miss the chance to own a piece of Baltimore history with the modern perks of a private garage and a designer bath.

  4. 2016-03-18
    historical Withdrawn
  5. 2016-03-18
    historical
  6. 2016-02-14
    listed Active
  7. 2016-02-14
    listed $149,999
  8. 2015-05-05
    soldstatus $24,000
  9. 2015-05-05
    soldstatus $24,000 Sold
  10. 2015-03-09
    status Contract
  11. 2015-03-05
    historical
  12. 2015-02-26
    price $28,500
  13. 2015-02-26
    status Active
  14. 2015-01-28
    status Contract
  15. 2015-01-15
    price $30,900
  16. 2014-12-10
    price $35,820
  17. 2014-11-25
    price $40,820
  18. 2014-10-16
    price $45,820
  19. 2014-09-03
    listed $49,820 Active
  20. 2014-09-03
    listed $28,500
  21. 2011-06-20
    historical Withdrawn
  22. 2011-06-20
    historical
  23. 2011-04-06
    status Active
  24. 2011-04-01
    historical Expired
  25. 2011-01-18
    historical Withdrawn
  26. 2011-01-17
    listed Active
  27. 2011-01-17
    listed $95,000
  28. 2011-01-17
    historical
  29. 2010-08-05
    listed Active
  30. 2010-08-05
    listed $99,900
  31. 2007-05-18
    historical
  32. 2007-01-31
    listed
  33. 2005-11-02
    soldstatus $113,000
  34. 2005-11-02
    soldstatus $113,000
  35. 2005-10-28
    soldstatus $113,000
  36. 2005-09-14
    historical
  37. 2004-01-08
    listed $109,900
  38. 2003-10-15
    soldstatus $35,000
  39. 2003-09-05
    soldstatus $35,000
  40. 2003-07-14
    historical
  41. 2003-05-12
    listed $45,000
  42. 2001-05-14
    historical
  43. 2000-11-15
    listed

ⓘ 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
$2,809 · $234/mo
Projected year-2 tax
$2,809 · $234/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 · 14 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
$20,223
− Mortgage interest
−$9,517
− Property taxes
−$2,809
− Insurance
−$850
− Repairs & maintenance
−$1,618
− Management
−$1,618
− Depreciation
−$4,943
Taxable loss
−$1,131
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$271
After-tax cash flow
$1,897/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)
44,014
Household income
$62,488
Rent vs Own
51.9% rent · 48.1% 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

Price history

+277.6% since first listed
43 events — show timeline
  • 2026-05-11 Pending BRIGHT MLS
  • 2026-04-10 Price Changed $169,900 BRIGHT MLS
  • 2026-04-10 Listed $269,900 BRIGHT MLS
  • 2016-03-18 Listing Removed BRIGHT MLS
  • 2016-03-18 Delisted MRIS
  • 2016-02-14 Listed MRIS
  • 2016-02-14 Listed $149,999 BRIGHT MLS
  • 2015-05-05 Sold (MLS) $24,000 MRIS
  • 2015-05-05 Sold (MLS) $24,000 BRIGHT MLS
  • 2015-03-09 Pending MRIS
  • 2015-03-05 Listing Removed BRIGHT MLS
  • 2015-02-26 Price Changed $28,500 MRIS
  • 2015-02-26 Relisted MRIS
  • 2015-01-28 Pending MRIS
  • 2015-01-15 Price Changed $30,900 MRIS
  • 2014-12-10 Price Changed $35,820 MRIS
  • 2014-11-25 Price Changed $40,820 MRIS
  • 2014-10-16 Price Changed $45,820 MRIS
  • 2014-09-03 Listed $49,820 MRIS
  • 2014-09-03 Listed $28,500 BRIGHT MLS
  • 2011-06-20 Delisted MRIS
  • 2011-06-20 Listing Removed BRIGHT MLS
  • 2011-04-06 Relisted MRIS
  • 2011-04-01 Delisted MRIS
  • 2011-01-18 Delisted MRIS
  • 2011-01-17 Listed MRIS
  • 2011-01-17 Listing Removed BRIGHT MLS
  • 2011-01-17 Listed $95,000 BRIGHT MLS
  • 2010-08-05 Listed MRIS
  • 2010-08-05 Listed $99,900 BRIGHT MLS
  • 2007-05-18 Delisted MRIS
  • 2007-01-31 Listed MRIS
  • 2005-11-02 Sold (Public Records) $113,000 Public Records
  • 2005-11-02 Sold (Public Records) $113,000 Public Records
  • 2005-10-28 Sold (MLS) $113,000 MRIS
  • 2005-09-14 Delisted MRIS
  • 2004-01-08 Listed $109,900 MRIS
  • 2003-10-15 Sold (Public Records) $35,000 Public Records
  • 2003-09-05 Sold (MLS) $35,000 MRIS
  • 2003-07-14 Delisted MRIS
  • 2003-05-12 Listed $45,000 MRIS
  • 2001-05-14 Delisted MRIS
  • 2000-11-15 Listed MRIS

Property tax history

+2.1%/yr

Latest (2025): $2,809 · +5.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…