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1402 Carroll St
C Composite 56.77
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 +29.3/30.0
  • DSCR +10.0/10.0
  • 1% rule +7.9/10.0
  • Livability +3.8/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Schools +1.0/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$229,900

1402 Carroll St · Baltimore, MD 21230
6 bd · 2.0 ba · 1,104 sqft · Townhouse public records · 296 Days on market
Built 1875 $208/sqft · 27% above area Est $182k · 27% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

Key facts

  • Fully turnkey
  • Duplex
  • Exposed spiral ducts

Tags

DUPLEXFULLY TURNKEYSPACIOUS LOFTED UPPER LEVELCALACATTA QUARTZ KITCHENSTAINLESS STEEL APPLIANCESEXPOSED SPIRAL DUCTS

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 6-bed/2.0-bath townhouse listed at $230k.

Deal economics

  • At list price, monthly cash flow is $806 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $230k).
  • Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.5% 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 soft (-1.0%/yr); 362 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($92k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 296 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 8y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $100k; list at $230k implies a 130% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1875 — 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 $202,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 296 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1875 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.29%
Cap rate
10.50%
Cash-on-cash
15.02%
DSCR
1.67
GRM
6.4

CMA / ARV

ARV (median comp)
$181,557
List price
$229,900
Delta
26.63%
Verdict
OVERPRICED
Comps
8 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
2.2%
Equity multiple
1.08×
Total profit
$5,347
Equity at exit
$34,279
10-year hold
IRR
8.7%
Equity multiple
1.58×
Total profit
$37,085
Equity at exit
$19,878

Cash invested: $64,372 (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 21230

Rents YoY
-1.0%
Active inventory
362
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$2,976 medium interval (Pro) →
Mortgage (P&I)
$1,206
Tax from tax record
$244 /mo · $2,932/yr
Insurance
$96
HOA
$0
Vacancy / Maint / Mgmt
$625
Net cashflow
$806

Break-even live

Break-even rent $1,957
Max offer price $229,900
Occupancy floor 68%

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
$57,475
Closing costs
$6,897
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
311 S Pulaski St Baltimore, MD 5.0 3.0 1450 $2,400 $1.66 43d 1 0.80mi
311 S Pulaski St Baltimore, MD 5.0 3.0 1450 $2,400 $1.66 3d 1 0.80mi

Listing history 44 events

  1. 2026-06-18
    days on market $229,900 Active 296 DOM
  2. 2026-06-17
    days on market $229,900 Active 295 DOM
  3. 2026-06-16
    days on market $229,900 Active 294 DOM
  4. 2026-06-15
    days on market $229,900 Active 293 DOM
  5. 2026-06-13
    days on market $229,900 Active 291 DOM
  6. 2026-06-09
    days on market $229,900 Active 287 DOM
  7. 2026-06-08
    days on market $229,900 Active 286 DOM
  8. 2026-06-07
    days on market $229,900 Active 285 DOM
  9. 2026-06-04
    days on market $229,900 Active 282 DOM
  10. 2026-06-03
    days on market $229,900 Active 281 DOM
  11. 2026-06-02
    days on market $229,900 Active 280 DOM
  12. 2026-06-01
    days on market $229,900 Active 279 DOM
  13. 2026-05-31
    days on market $229,900 Active 278 DOM
  14. 2026-03-02
    price $229,900 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  15. 2026-02-12
    status Active 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  16. 2026-01-29
    price $239,900 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  17. 2026-01-29
    historical Active Under Contract 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  18. 2026-01-21
    status Active 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  19. 2026-01-16
    historical Active Under Contract 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  20. 2025-09-20
    price $229,900 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  21. 2025-09-02
    price $239,900 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  22. 2025-08-07
    listed $249,900 Active 1507-char remark
    Show marketing remark (1507 chars)

    Urban living at its finest in this hip duplex at 1402 Carroll St, Baltimore, MD. This versatile 2-unit property offers a blend of city vibes and investment potential. The property is already licensed, LEAD-FREE and inspected, fully turnkey and cash flowing with a great tenant. Unit 1: Come into the spacious lofted upper level,   2-bedroom, 1-bathroom unit. Calacatta quartz kitchen with stainless steel appliances and modern designs including exposed spiral ducts and glass shower bathroom. A chic retreat perfect for the city dweller. Enjoy the modern comforts and style in this trendy living space. Unit 2: This cozy 1-bedroom, 1-bathroom unit is a minimalist's dream and is already rented to a long-term, great, paying tenant – talk about a hassle-free investment opportunity! Cash flowing on day one! Shared Laundry Room: The shared laundry room has been fully updated, saving you the time and effort of trekking to the laundromat. Convenience at your fingertips. This home a fantastic place to live in the heart of the city, but it's also a golden investment opportunity. The one-bedroom unit's long-term tenant means you can start generating rental income immediately . Invest in Baltimore's thriving real estate market and watch your wealth grow while enjoying the cosmopolitan lifestyle. Whether you're looking for your new home or a smart investment, this duplex has it all. Don't let this opportunity slip away – act now and own your piece of Baltimore's vibrant landscape!

  23. 2024-10-14
    historical
  24. 2024-08-20
    price $259,999
  25. 2024-04-16
    price $269,999
  26. 2024-02-22
    price $274,900
  27. 2024-01-17
    price $279,000
  28. 2023-12-05
    price $289,000
  29. 2023-10-20
    listed $299,000 Active
  30. 2023-10-18
    price $299,000
  31. 2023-10-17
    historical
  32. 2020-03-27
    soldstatus $100,000
  33. 2020-01-24
    soldstatus $100,000 Closed
  34. 2020-01-03
    status Pending
  35. 2020-01-03
    historical
  36. 2019-12-20
    listed $110,000 Active
  37. 2019-12-15
    listed $110,000 Active
  38. 2019-01-21
    historical
  39. 2018-10-26
    status Active
  40. 2018-10-16
    historical
  41. 2018-08-06
    listed $88,000 Active
  42. 2007-04-30
    soldstatus $76,650
  43. 1993-06-30
    soldstatus $9,000
  44. 1983-10-14
    soldstatus $38,000

ⓘ 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
$2,932 · $244/mo
Projected year-2 tax
$2,932 · $244/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 8/10 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
$35,716
− Mortgage interest
−$12,878
− Property taxes
−$2,932
− Insurance
−$1,150
− Repairs & maintenance
−$2,857
− Management
−$2,857
− Depreciation
−$6,688
Taxable income
$6,354
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,525
After-tax cash flow
$8,141/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)
32,977
Household income
$91,842
Rent vs Own
49.3% rent · 50.7% own
Severe rent burden
1463.0

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 0.63)
Race & ethnicity
White 55% Black 23% Hispanic / Latino 13% Two or more races 6% Asian 4%
Hispanic origin (detail)
Mexican 1% Puerto Rican 1%
Common ancestry
Romanian 5% Lithuanian 2% Italian 2%
Foreign-born
10% · Canada, China
Languages at home
85% English-only · Spanish 9% Other Indo-European 1% Other Asian/Pacific 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
▼ -311.43%
Current HPI
284.338
Rent YoY
▼ -1.00%
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

+505.0% since first listed
31 events — show timeline
  • 2026-03-02 Price Changed $229,900 BRIGHT MLS
  • 2026-02-12 Relisted BRIGHT MLS
  • 2026-01-29 Price Changed $239,900 BRIGHT MLS
  • 2026-01-29 Contingent BRIGHT MLS
  • 2026-01-21 Relisted BRIGHT MLS
  • 2026-01-16 Contingent BRIGHT MLS
  • 2025-09-20 Price Changed $229,900 BRIGHT MLS
  • 2025-09-02 Price Changed $239,900 BRIGHT MLS
  • 2025-08-07 Listed $249,900 BRIGHT MLS
  • 2024-10-14 Listing Removed BRIGHT MLS
  • 2024-08-20 Price Changed $259,999 BRIGHT MLS
  • 2024-04-16 Price Changed $269,999 BRIGHT MLS
  • 2024-02-22 Price Changed $274,900 BRIGHT MLS
  • 2024-01-17 Price Changed $279,000 BRIGHT MLS
  • 2023-12-05 Price Changed $289,000 BRIGHT MLS
  • 2023-10-20 Listed $299,000 BRIGHT MLS
  • 2023-10-18 Price Changed $299,000 BRIGHT MLS
  • 2023-10-17 Coming Soon BRIGHT MLS
  • 2020-03-27 Sold (Public Records) $100,000 Public Records
  • 2020-01-24 Sold (MLS) $100,000 BRIGHT MLS
  • 2020-01-03 Pending BRIGHT MLS
  • 2020-01-03 Listing Removed BRIGHT MLS
  • 2019-12-20 Listed $110,000 BRIGHT MLS
  • 2019-12-15 Listed $110,000 BRIGHT MLS
  • 2019-01-21 Listing Removed BRIGHT MLS
  • 2018-10-26 Relisted BRIGHT MLS
  • 2018-10-16 Listing Removed BRIGHT MLS
  • 2018-08-06 Listed $88,000 BRIGHT MLS
  • 2007-04-30 Sold (Public Records) $76,650 Public Records
  • 1993-06-30 Sold (Public Records) $9,000 Public Records
  • 1983-10-14 Sold (Public Records) $38,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $2,932 · +6.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…