224 N Port St · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 8/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the 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 +16.9/30.0
- DSCR +5.3/10.0
- ARV discount +5.2/15.0
- 1% rule +5.1/10.0
- Livability +3.8/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$169,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
Key facts
- Built 1880
- Listed 244 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath townhouse listed at $169k.
Deal economics
- At list price, monthly cash flow is $113 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $169k).
- Recommended offer: $149k (12.0% below list) — sets the bar for market timing.
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 (+1.3%/yr); 391 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $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 244 days — a 12% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 22y ago; this cycle's ask has dropped $16k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $107k; list at $169k implies a 58% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1880 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 244 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1880 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.01% ✓
- Cap rate
- 7.09%
- Cash-on-cash
- 2.85%
- DSCR
- 1.13
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $160,922
- List price
- $169,000
- Delta
- 5.02%
- 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 |
|---|---|---|---|---|---|---|---|
| 506 N Patterson Park Ave | 0.17mi | 3/1.5 (+1) | 640 (+3%) | 8mo | $78,000 | $122 | 76 |
| 2107 Moyer St | 0.29mi | 1/1.5 (-1) | 624 (0%) | 13mo | $195,000 | $313 | 71 |
| 26 N Madeira St | 0.21mi | 2/2.0 | 672 (+8%) | 6mo | $103,000 | $153 | 70 |
| 2305 Ashland Ave | 0.40mi | 3/1.0 (+1) | 616 (-1%) | 4mo | $78,000 | $127 | 69 |
| 203 S Madeira St | 0.43mi | 2/1.0 | 601 (-4%) | 7mo | $110,250 | $183 | 66 |
| 324 S Castle St | 0.61mi | 1/1.5 (-1) | 620 (-1%) | 4mo | $215,000 | $347 | 62 |
| 207 S Durham St | 0.60mi | 2/1.0 | 672 (+8%) | 1mo | $157,000 | $234 | 56 |
| 2337 Duker Ct | 0.65mi | 2/1.0 | 605 (-3%) | 8mo | $95,550 | $158 | 56 |
| 127 N Port St | 0.09mi | 1/1.5 (-1) | 696 (+12%) | 20mo | $165,000 | $237 | 55 |
| 124 S Duncan St | 0.41mi | 1/1.0 (-1) | 708 (+14%) | 16mo | $192,500 | $272 | 38 |
| 219 Chapel St | 0.56mi | 1/1.0 (-1) | 696 (+12%) | 12mo | $210,000 | $302 | 37 |
| 233 S Chapel St | 0.58mi | 1/0.5 (-1) | 702 (+12%) | 8mo | $82,000 | $117 | 37 |
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 · 1.31% rent growth · sell at horizon
- IRR
- -13.8%
- Equity multiple
- 0.51×
- Total profit
- $-22,997
- Equity at exit
- $25,198
- IRR
- -7.9%
- Equity multiple
- 0.54×
- Total profit
- $-21,810
- Equity at exit
- $14,612
Cash invested: $47,320 (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
ZIP-level market 21224
- Rents YoY
- 1.3%
- Active inventory
- 391
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $1,699 high interval (Pro) →
- Mortgage (P&I)
- −$886
- Tax from tax record
- −$273 /mo · $3,280/yr
- Insurance
- −$70
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$357
- Net cashflow
- $113
Break-even live
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
- $42,250
- Closing costs
- $5,070
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 400 N Rose St #1 Baltimore, MD | 1.0 | 1.0 | 588 | $1,080 | $1.84 | 44d | 1 | 0.09mi |
| 500 N Rose St Baltimore, MD | 3.0 | 2.0 | 520 | $1,200 | $2.31 | 4d | 1 | 0.16mi |
| 723 N Patterson Park Ave Baltimore, MD | 1.0 | 1.0 | 350 | $1,000 | $2.86 | 44d | 1 | 0.31mi |
| 107 S Collington Ave Unit 2 REAR Baltimore, MD | 1.0 | 1.0 | 600 | $1,800 | $3.00 | 4d | 1 | 0.36mi |
| 1901 E Lombard St Baltimore, MD | 1.0 | 1.0 | 660 | $1,800 | $2.73 | 22d | 1 | 0.50mi |
| 1901 E Lombard St Apt 3 Baltimore, MD | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 15d | 1 | 0.50mi |
| 1901 E Lombard St Apt 2 Baltimore, MD | 1.0 | 1.0 | 650 | $1,650 | $2.54 | 2d | 1 | 0.50mi |
| 1901 E Lombard St Baltimore, MD | 1.0 | 1.0 | 702 | $1,750 | $2.49 | 44d | 1 | 0.50mi |
| 1901 E Lombard St Baltimore, MD | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 24d | 1 | 0.50mi |
| 1901 E Lombard St Apt 3 Baltimore, MD | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 4d | 1 | 0.50mi |
| 1901 E Lombard St Apt 4 Baltimore, MD | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 22d | 1 | 0.50mi |
| 305 S Collington Ave Baltimore, MD | 3.0 | 2.5 | 722 | $2,895 | $4.01 | 17d | 1 | 0.54mi |
| 2309 Eastern Ave Unit B Baltimore, MD | 1.0 | 1.0 | 550 | $1,295 | $2.35 | 44d | 1 | 0.64mi |
| 3344 E Baltimore St Unit 2 Baltimore, MD | 1.0 | 1.0 | 545 | $1,250 | $2.29 | 44d | 1 | 0.74mi |
| 2221 E Preston St Baltimore, MD | 2.0 | 1.0 | 658 | $1,200 | $1.82 | 24d | 1 | 0.75mi |
| 521 S Wolfe St Unit 1R Baltimore, MD | 1.0 | 1.0 | 500 | $1,350 | $2.70 | 11d | 1 | 0.78mi |
| 1742 Fleet St Unit 302 Baltimore, MD | 1.0 | 1.0 | 524 | $1,600 | $3.05 | 4d | 1 | 0.84mi |
| 1323 N Kenwood Ave Unit 2 Baltimore, MD | 1.0 | 1.0 | 600 | $950 | $1.58 | 44d | 1 | 0.85mi |
| 3235 Eastern Ave Unit 2FL Baltimore, MD | 1.0 | 1.0 | 552 | $1,795 | $3.25 | 4d | 1 | 0.91mi |
| 601 S Broadway Unit 305 Baltimore, MD | 1.0 | 1.0 | 592 | $1,600 | $2.70 | 4d | 1 | 0.91mi |
| 601 S Broadway Unit 305 Baltimore, MD | 1.0 | 1.0 | 592 | $1,600 | $2.70 | 44d | 1 | 0.91mi |
| 210 S Caroline St Baltimore, MD | 1.0–2.0 | 1.0 | 808 | $1,965 | $2.43 | 44d | 23 | 0.91mi |
| 201 S Conkling St Baltimore, MD | 1.0 | 1.0 | 740 | $1,500 | $2.03 | 2d | 2 | 0.92mi |
| 1401 N Potomac St Unit 1 Baltimore, MD | 1.0 | 1.0 | 700 | $1,099 | $1.57 | 18d | 1 | 0.94mi |
| 622 S Broadway Baltimore, MD | 2.0 | 1.0–2.0 | 953 | $2,998 | $3.14 | 2d | 8 | 0.95mi |
| 1607 Hakesley Pl Baltimore, MD | 3.0 | 1.0 | 720 | $1,400 | $1.94 | 44d | 1 | 0.96mi |
| 400 S Conkling St Unit 3 Baltimore, MD | 1.0 | 1.0 | 700 | $1,700 | $2.43 | 44d | 1 | 0.98mi |
| 520 Somerset St Baltimore, MD | 1.0–2.0 | 1.0–2.0 | 634 | $1,578 | $2.49 | 44d | 1 | 0.98mi |
| 1600 N Chester St Baltimore, MD | 1.0 | 1.0 | 715 | $636 | $0.89 | 24d | 1 | 1.01mi |
| 1209 N Caroline St Unit 2 Baltimore, MD | 1.0 | 1.0 | 600 | $1,300 | $2.17 | 4d | 1 | 1.02mi |
| 520 S Caroline St Unit 301 Baltimore, MD | 1.0 | 1.0 | 625 | $2,100 | $3.36 | 4d | 1 | 1.03mi |
| 420 Aisquith St Baltimore, MD | 1.0 | 1.0 | 721 | $1,226 | $1.70 | 44d | 1 | 1.04mi |
| 3018 O Donnell St Unit 2R Baltimore, MD | 1.0 | 1.0 | 750 | $1,700 | $2.27 | 44d | 1 | 1.12mi |
| 3905 Bank St Baltimore, MD | 4.0 | 1.0–3.0 | 909 | $2,350 | $2.58 | 2d | 20 | 1.15mi |
| 1301 Aliceanna St Baltimore, MD | 1.0 | 1.0 | 758 | $2,894 | $3.82 | 2d | 3 | 1.16mi |
| 1001 Aliceanna St Baltimore, MD | 1.0–2.0 | 1.0–2.0 | 844 | $3,081 | $3.65 | 3d | 3 | 1.22mi |
| 555 President St Baltimore, MD | 3.0 | 1.0–4.0 | 1352 | $4,282 | $3.17 | 2d | 1 | 1.25mi |
| 1405 Point St Baltimore, MD | 2.0 | 1.0–2.0 | 652 | $3,336 | $5.11 | 3d | 2 | 1.27mi |
| 3610 Dillon St Baltimore, MD | 1.0–2.0 | 1.0–2.0 | 828 | $2,820 | $3.41 | 44d | 1 | 1.27mi |
| 2000 E North Ave Baltimore, MD | 1.0 | 1.0 | 639 | $836 | $1.31 | 4d | 4 | 1.28mi |
Listing history 45 events
-
2026-06-18days on market $169,000 Active 244 DOM
-
2026-06-17days on market $169,000 Active 243 DOM
-
2026-06-16days on market $169,000 Active 242 DOM
-
2026-06-15days on market $169,000 Active 241 DOM
-
2026-06-13days on market $169,000 Active 239 DOM
-
2026-06-09days on market $169,000 Active 235 DOM
-
2026-06-08days on market $169,000 Active 234 DOM
-
2026-06-07days on market $169,000 Active 233 DOM
-
2026-06-04days on market $169,000 Active 230 DOM
-
2026-06-03days on market $169,000 Active 229 DOM
-
2026-06-02days on market $169,000 Active 228 DOM
-
2026-06-01days on market $169,000 Active 227 DOM
-
2026-05-31days on market $169,000 Active 226 DOM
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2026-05-14status Active 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2026-04-30status Pending 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2026-04-24price $169,000 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2026-03-21status Active 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2026-03-20historical 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2025-10-27price $175,000 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2025-10-03$185,000 Active 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
-
2025-10-01historical $185,000 599-char remark
Show marketing remark (599 chars)
Welcome to this rare Patterson Park cozy 2 Bedroom, 1 Bath brick home featuring a versatile den perfect for a home office, guest space, or reading nook. Enjoy a recently updated kitchen, lots of natural light, original charm, and an unfinished waterproofed basement spanning the entire footprint of the home offering endless storage or future finishing potential. Nestled on a quiet, one way homeowner street, this home also boasts a private, serene backyard ideal for relaxing, entertaining, or enjoying peaceful evenings outdoors. Conveniently located near parks, dining and major commuter routes.
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2019-02-27soldstatus $107,000 Closed 274-char remark
Show marketing remark (274 chars)
Eligible for LNWYW program. Close to Hopkins and downtown. GREAT deal!Sold in as-is condition although home is move-in ready with refinished wood floors, new carpet, fresh paint, appliances, central a/c, off-street parking. Buyer pays all transfer & recordation taxes.
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2019-01-10status Pending 274-char remark
Show marketing remark (274 chars)
Eligible for LNWYW program. Close to Hopkins and downtown. GREAT deal!Sold in as-is condition although home is move-in ready with refinished wood floors, new carpet, fresh paint, appliances, central a/c, off-street parking. Buyer pays all transfer & recordation taxes.
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2018-12-07$107,000 Active 274-char remark
Show marketing remark (274 chars)
Eligible for LNWYW program. Close to Hopkins and downtown. GREAT deal!Sold in as-is condition although home is move-in ready with refinished wood floors, new carpet, fresh paint, appliances, central a/c, off-street parking. Buyer pays all transfer & recordation taxes.
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2018-11-21historical
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2018-10-22$45,000 Active
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2018-10-11historical
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2018-08-23price $149,000
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2018-07-20price $159,000
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2018-06-14price $169,000
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2018-05-17price $179,000
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2018-02-13$187,000 Active
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2010-04-26historical Withdrawn
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2010-04-26historical
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2010-04-15price
-
2010-02-21Active
-
2010-02-20$179,000
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2006-11-03soldstatus $195,000
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2006-11-03soldstatus $195,000
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2006-09-20historical
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2006-08-13
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2004-07-30soldstatus $20,000
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2004-07-03historical
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2004-05-18$23,500
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1998-03-11soldstatus $23,000
ⓘ 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
- $3,280 · $273/mo
- Projected year-2 tax
- $3,280 · $273/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
- $20,392
- − Mortgage interest
- −$9,467
- − Property taxes
- −$3,280
- − Insurance
- −$845
- − Repairs & maintenance
- −$1,631
- − Management
- −$1,631
- − Depreciation
- −$4,916
- Taxable loss
- −$1,378
- Est. tax savings @ 24.0%
- +$331
- After-tax cash flow
- $1,681/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
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)
- 47,465
- Household income
- $89,017
- Rent vs Own
- Severe rent burden
- 1786.0
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 0.62)
- Race & ethnicity
- White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
- Hispanic origin (detail)
- Mexican 4% Puerto Rican 2% Dominican 1%
- Common ancestry
- Romanian 5% Lithuanian 2% Italian 1%
- Foreign-born
- 17% · Canada, China, Vietnam
- Languages at home
- 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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
- ▼ -332.23%
- Current HPI
- 241.284
- Rent YoY
- ▲ 1.31%
- Metro
- Baltimore-Columbia-Towson, MD
- State GDP YoY
- ▲ 2.97%
- F500 in state
- 12
Industry mix (Fortune 500 HQ in MD)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 1 | $71B |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
+634.8% since first listed32 events — show timeline
- 2026-05-14 Relisted — BRIGHT MLS
- 2026-04-30 Pending — BRIGHT MLS
- 2026-04-24 Price Changed $169,000 BRIGHT MLS
- 2026-03-21 Relisted — BRIGHT MLS
- 2026-03-20 Listing Removed — BRIGHT MLS
- 2025-10-27 Price Changed $175,000 BRIGHT MLS
- 2025-10-03 Listed $185,000 BRIGHT MLS
- 2025-10-01 Coming Soon $185,000 BRIGHT MLS
- 2019-02-27 Sold (MLS) $107,000 BRIGHT MLS
- 2019-01-10 Pending — BRIGHT MLS
- 2018-12-07 Listed $107,000 BRIGHT MLS
- 2018-11-21 Listing Removed — BRIGHT MLS
- 2018-10-22 Listed $45,000 BRIGHT MLS
- 2018-10-11 Listing Removed — BRIGHT MLS
- 2018-08-23 Price Changed $149,000 BRIGHT MLS
- 2018-07-20 Price Changed $159,000 BRIGHT MLS
- 2018-06-14 Price Changed $169,000 BRIGHT MLS
- 2018-05-17 Price Changed $179,000 BRIGHT MLS
- 2018-02-13 Listed $187,000 BRIGHT MLS
- 2010-04-26 Delisted — MRIS
- 2010-04-26 Listing Removed — BRIGHT MLS
- 2010-04-15 Price Changed — MRIS
- 2010-02-21 Listed — MRIS
- 2010-02-20 Listed $179,000 BRIGHT MLS
- 2006-11-03 Sold (Public Records) $195,000 Public Records
- 2006-11-03 Sold (Public Records) $195,000 Public Records
- 2006-09-20 Delisted — MRIS
- 2006-08-13 Listed — MRIS
- 2004-07-30 Sold (MLS) $20,000 MRIS
- 2004-07-03 Delisted — MRIS
- 2004-05-18 Listed $23,500 MRIS
- 1998-03-11 Sold (Public Records) $23,000 Public Records
Property tax history
-1.2%/yrLatest (2025): $3,280 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…