2502 Huron St · Baltimore, MD 21230

$129,900

3 bd · 1.0 ba · 1,008 sqft · Townhouse public records · 76 Days on market

Built 1992 $129/sqft · at area comps Est $130k · at est.

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Why this score? — see what drove the B- 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• ARV discount +7.7/15.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Westport Homes is no laughing matter over here, especially that you’re basically just across the water from The Baltimore Peninsula and all of that wonderful Under Armor stuff going on. You know that massive luxury site just off 95. You can buy this place and park a Rolls-Royce in your driveway and still pay less than what you would for a place over there! And this isn’t one of those old Baltimore row homes, this is basically modern construction, using modern materials, floor plan, utilities and mechanical equipment. It’s basically a brand new house situated right in Mount Winans. It’s nearly move-in ready, but of course, you’ll want to throw a little paint around, lay down some flooring and jazz up the kitchen and bathroom. The basement is wide open and ready for more space if you need it. And when you’re done? You can jump right onto 295 or 95 and get on out of town. If you wanna hang around town? Go watch an Orioles game or do a tailgate party at Ravens Stadium. We got all that! Buyer to determine lot size and square footage of home. Buyer to determine if ground rent exists, seller will not redeem.

Key facts

• Modern construction
• Wide open basement
• Move in ready

Tags

• MODERN CONSTRUCTION
• WIDE OPEN BASEMENT
• MOVE IN READY
• MOUNT WINANS LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $130k.

Deal economics

• At list price, monthly cash flow is $580 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.7% 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; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $66k; list at $130k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $122,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.43% ✓
• Cap rate: 11.65%
• Cash-on-cash: 19.14%
• DSCR: 1.85
• GRM: 5.8

CMA / ARV

• ARV (median comp): $130,452
• List price: $129,900
• Delta: -0.42%
• 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
2619 Northshire Dr	0.35mi	3/1.0	1,024 (+2%)	2mo	$145,000	$142	79
2628 Northshire Dr	0.39mi	3/1.0	1,024 (+2%)	4mo	$175,000	$171	76
2149 Harman Ave	0.30mi	2/1.0 (-1)	1,050 (+4%)	2mo	$115,000	$110	72
2521 S Paca St	0.09mi	3/1.5	1,152 (+14%)	1mo	$30,000	$26	69
2707 Marbourne Ave	0.66mi	3/1.0	1,024 (+2%)	1mo	$176,500	$172	66
3034 Lorena Ave	0.72mi	3/1.0	1,024 (+2%)	1mo	$153,000	$149	63
1935 Grinnalds Ave	0.47mi	3/2.0	1,080 (+7%)	1mo	$119,000	$110	62
1710 Wickes Ave	0.74mi	3/2.0	1,024 (+2%)	3mo	$150,000	$146	56
1931 Griffis Ave	0.50mi	2/1.0 (-1)	912 (-10%)	0mo	$120,000	$132	56
2036 Deering Ave	0.49mi	3/1.5	1,112 (+10%)	3mo	$129,900	$117	56
2318 Sidney Ave	0.54mi	3/1.0	1,120 (+11%)	2mo	$72,500	$65	55
2809 Washington Blvd	0.66mi	3/1.0	1,110 (+10%)	3mo	$80,000	$72	50

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 7.6%
• Equity multiple: 1.29×
• Total profit: $10,470
• Equity at exit: $19,369

10-year hold

• IRR: 14.2%
• Equity multiple: 1.98×
• Total profit: $35,730
• Equity at exit: $11,231

Cash invested: $36,372 (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.

Methodology + full state rankings →

ZIP-level market 21230

• Rents YoY: -1.0%
• Active inventory: 362
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,858 high
• Mortgage (P&I): −$681
• Tax from tax record: −$153 /mo · $1,832/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $580

Break-even live

Break-even rent $1,124

Max offer price $129,900

Occupancy floor 64%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2056 Griffis Ave Baltimore, MD	3.0	1.5	1230	$1,495	$1.22	21d	1	0.38mi
1931 Griffis Ave Baltimore, MD	2.0	1.0	912	$1,349	$1.48	4d	1	0.51mi
3004 Elizabeth Ave Unit 1 Baltimore, MD	3.0	1.0	1024	$1,395	$1.36	4d	1	0.60mi
3017 Janice Ave Baltimore, MD	3.0	1.0	1024	$1,995	$1.95	23d	1	0.63mi
2200 W Patapsco Ave Baltimore, MD	3.0	1.0	890	$1,569	$1.76	43d	1	0.72mi
2600 W Patapsco Ave Baltimore, MD	1.0–2.0	1.0	856	$1,309	$1.53	2d	24	0.73mi
1432 Carroll St Baltimore, MD	2.0	1.5	912	$1,900	$2.08	43d	1	1.19mi
2454 Terra Firma Rd Brooklyn, MD	3.0	1.0	1024	$1,650	$1.61	14d	1	1.24mi
1708 Hall Ave Unit 2 Halethorpe, MD	2.0	1.0	845	$1,625	$1.92	11d	1	1.30mi
2745 Round Rd Brooklyn, MD	2.0	2.0	756	$1,800	$2.38	43d	1	1.32mi
607 Cheraton Rd Brooklyn, MD	3.0	3.0	1200	$1,750	$1.46	14d	1	1.32mi
514 S Payson St Unit 2 Baltimore, MD	3.0	2.0	1264	$1,750	$1.38	43d	1	1.33mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	43d	1	1.34mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	10d	1	1.34mi
2737 Wilkens Ave Baltimore, MD	3.0	1.5	1232	$1,650	$1.34	4d	1	1.36mi
2509 Christian St Baltimore, MD	4.0	2.0	1248	$1,699	$1.36	3d	1	1.36mi
1303 James St Baltimore, MD	2.0	1.5	1160	$1,350	$1.16	23d	1	1.37mi
2671 Saint Benedict St Baltimore, MD	2.0	1.0	1144	$1,325	$1.16	43d	1	1.38mi
1127 S Carey St Baltimore, MD	3.0	2.5	1340	$1,900	$1.42	4d	1	1.39mi
2738 Wilkens Ave Baltimore, MD	3.0	1.0	1183	$1,500	$1.27	43d	1	1.39mi
1259 Washington Blvd Baltimore, MD	3.0	3.0	1232	$2,999	$2.43	4d	1	1.39mi
1205 Cleveland St Baltimore, MD	2.0	2.0	1232	$1,900	$1.54	43d	1	1.39mi
1243 Washington Blvd Baltimore, MD	3.0	2.0	1148	$1,950	$1.70	43d	1	1.40mi
1101 S Carey St Baltimore, MD	2.0	2.0	1400	$1,200	$0.86	21d	1	1.41mi
1253 Sargeant St Baltimore, MD	2.0	1.5	1200	$1,695	$1.41	23d	1	1.42mi
1125 Wicomico St Baltimore, MD	3.0	3.0	1068	$1,955	$1.83	23d	1	1.44mi
1262 Glyndon Ave Baltimore, MD	2.0	3.0	1258	$1,850	$1.47	23d	1	1.44mi
1108 Sterrett St Baltimore, MD	2.0	1.0	1400	$2,300	$1.64	23d	1	1.47mi
1215 James St Baltimore, MD	2.0	1.0	960	$1,500	$1.56	43d	1	1.47mi
2657 Lehman St Unit 1 Baltimore, MD	2.0	1.0	1056	$1,000	$0.95	43d	1	1.47mi
1163 Washington Blvd Baltimore, MD	2.0	2.5	1012	$1,700	$1.68	12d	1	1.48mi
1132 Nanticoke St Baltimore, MD	2.0	2.5	1500	$1,875	$1.25	23d	1	1.48mi
1160 Washington Blvd Baltimore, MD	2.0	1.0	960	$1,575	$1.64	23d	1	1.50mi

Listing history 8 events

1. 2026-06-04
   days on market $129,900 Active 76 DOM
2. 2026-06-03
   days on market $129,900 Active 75 DOM
3. 2026-06-02
   days on market $129,900 Active 74 DOM
4. 2026-06-01
   days on market $129,900 Active 73 DOM
5. 2026-05-31
   days on market $129,900 Active 72 DOM
6. 2026-04-14
   price $129,900 1156-char remark

   Show marketing remark (1156 chars)

   Westport Homes is no laughing matter over here, especially that you’re basically just across the water from The Baltimore Peninsula and all of that wonderful Under Armor stuff going on. You know that massive luxury site just off 95. You can buy this place and park a Rolls-Royce in your driveway and still pay less than what you would for a place over there! And this isn’t one of those old Baltimore row homes, this is basically modern construction, using modern materials, floor plan, utilities and mechanical equipment. It’s basically a brand new house situated right in Mount Winans. It’s nearly move-in ready, but of course, you’ll want to throw a little paint around, lay down some flooring and jazz up the kitchen and bathroom. The basement is wide open and ready for more space if you need it. And when you’re done? You can jump right onto 295 or 95 and get on out of town. If you wanna hang around town? Go watch an Orioles game or do a tailgate party at Ravens Stadium. We got all that! Buyer to determine lot size and square footage of home. Buyer to determine if ground rent exists, seller will not redeem.

7. 2026-03-20
   listed $139,000 Active 1156-char remark

   Show marketing remark (1156 chars)

   Westport Homes is no laughing matter over here, especially that you’re basically just across the water from The Baltimore Peninsula and all of that wonderful Under Armor stuff going on. You know that massive luxury site just off 95. You can buy this place and park a Rolls-Royce in your driveway and still pay less than what you would for a place over there! And this isn’t one of those old Baltimore row homes, this is basically modern construction, using modern materials, floor plan, utilities and mechanical equipment. It’s basically a brand new house situated right in Mount Winans. It’s nearly move-in ready, but of course, you’ll want to throw a little paint around, lay down some flooring and jazz up the kitchen and bathroom. The basement is wide open and ready for more space if you need it. And when you’re done? You can jump right onto 295 or 95 and get on out of town. If you wanna hang around town? Go watch an Orioles game or do a tailgate party at Ravens Stadium. We got all that! Buyer to determine lot size and square footage of home. Buyer to determine if ground rent exists, seller will not redeem.

8. 1992-10-26
   soldstatus $66,000

ⓘ 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: $1,832 · $153/mo
• Projected year-2 tax: $1,832 · $153/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

Taxation est. · year 1

• Rental income: $22,300
• − Mortgage interest: −$7,276
• − Property taxes: −$1,832
• − Insurance: −$650
• − Repairs & maintenance: −$1,784
• − Management: −$1,784
• − Depreciation: −$3,779
• Taxable income: $5,195
• Est. tax owed @ 24.0%: −$1,247
• After-tax cash flow: $5,714/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
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+96.8% since first listed

3 events — show timeline

• 2026-04-14 Price Changed $129,900 BRIGHT MLS
• 2026-03-20 Listed $139,000 BRIGHT MLS
• 1992-10-26 Sold (Public Records) $66,000 Public Records

Property tax history

-1.9%/yr

Latest (2025): $1,832 · +5.6% YoY. Source: county tax records.