3101 Clifton Ave · Baltimore, MD 21216

$169,900

5 bd · 3.0 ba · 3,275 sqft · SingleFamily public records · 262 Days on market

Built 1920 7,800 sqft lot $52/sqft · 45% below area Est $312k · 45% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

Key facts

• Local amenities
• 7,800 sq ft lot
• Built 1920

Tags

• SPACIOUS 2-STORY PROPERTY
• MINUTES FROM DOWNTOWN
• MAJOR COMMUTER ROUTES
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.1% 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 rising fast (+6.1%/yr); 252 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $3,183/mo this rent would consume 91% of the median local household income ($42k/yr) (locally 2264% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $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.
• At projected returns (-3.0% appreciation + 6.1% rent growth), your $48k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 262 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 11y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $100k; list at $170k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1920 — 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 $149,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 262 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 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.87% ✓
• Cap rate: 14.15%
• Cash-on-cash: 28.06%
• DSCR: 2.25
• GRM: 4.4

CMA / ARV

• ARV (median comp): $311,683
• List price: $169,900
• Delta: -45.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3403 Walbrook Ave	0.28mi	6/3.5 (+1)	3,421 (+4%)	10mo	$263,720	$77	64
3717 Nortonia	0.67mi	5/3.5	3,364 (+3%)	0mo	$385,000	$114	62
3611 Windsor Mill Rd	0.52mi	5/2.5	3,435 (+5%)	11mo	$191,545	$56	56
1916 Cedric Rd	0.62mi	5/3.5	3,454 (+6%)	8mo	$345,000	$100	53
3401 Powhatan Ave	0.73mi	4/3.5 (-1)	3,083 (-6%)	3mo	$299,900	$97	47
2607 Elsinore Ave	0.69mi	5/3.5	3,100 (-5%)	15mo	$360,000	$116	45
2200 Chelsea Ter	0.64mi	5/4.5	3,051 (-7%)	11mo	$495,000	$162	43
3600 Clifton Ave	0.46mi	6/4.5 (+1)	3,600 (+10%)	11mo	$350,900	$97	42
2220 Garrison Blvd	0.38mi	6/2.0 (+1)	3,640 (+11%)	15mo	$136,000	$37	42
2707 Elsinore Ave	0.74mi	4/4.0 (-1)	3,050 (-7%)	5mo	$450,000	$148	41
3714 Nortonia Rd	0.69mi	6/3.5 (+1)	2,934 (-10%)	5mo	$377,000	$128	40
2603 Elsinore Ave	0.68mi	5/4.5	3,640 (+11%)	10mo	$485,000	$133	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.1% rent growth · sell at horizon

5-year hold

• IRR: 26.1%
• Equity multiple: 2.13×
• Total profit: $53,742
• Equity at exit: $25,333

10-year hold

• IRR: 35.8%
• Equity multiple: 4.86×
• Total profit: $183,553
• 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.

Methodology + full state rankings →

ZIP-level market 21216

• Rents YoY: 6.1%
• Active inventory: 252
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $3,183 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$440 /mo · $5,280/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$668
• Net cashflow: $1,112

Break-even live

Break-even rent $1,774

Max offer price $169,900

Occupancy floor 60%

Sensitivity live

Price	-10% $1,209	-5% $1,161	+0% $1,112	+5% $1,064	+10% $1,016
Rent	-10% $861	-5% $987	+0% $1,112	+5% $1,238	+10% $1,364
Rate	-1.0pp $1,198	-0.5pp $1,156	base $1,112	+0.5pp $1,068	+1.0pp $1,024

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: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2510 Roslyn Ave Baltimore, MD	6.0	5.0	2663	$4,200	$1.58	45d	1	0.62mi
4029 Fairview Ave Baltimore, MD	5.0	4.5	2653	$3,200	$1.21	45d	1	1.17mi

Listing history 28 events

1. 2026-05-19
   status Pending 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

2. 2026-04-15
   price $169,900 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

3. 2026-03-06
   price $175,000 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

4. 2026-01-23
   price $189,900 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

5. 2025-12-09
   price $199,900 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

6. 2025-10-13
   price $184,900 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

7. 2025-09-26
   status Active 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

8. 2025-09-08
   status Pending 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

9. 2025-08-12
   listed $199,900 Active 702-char remark

   Show marketing remark (702 chars)

   Partially renovated single family home in Ashburton area ready for your finishing touches as a fix/flip property or your next residence! This spacious 2-story property offers endless potential for the right buyer. Located minutes from downtown, major commuter routes, and local amenities, it’s perfectly positioned for a profitable flip or a strong rental addition to your portfolio. Being sold AS-IS, WHERE-IS — seller will make no repairs. Buyer to verify all information and is responsible for all inspections. Proof of funds required with all offers. Cash or conventional financing preferred. Bring your vision, roll up your sleeves, and turn this property into your next success story!

10. 2021-04-14
    soldstatus $100,000
11. 2018-07-27
    soldstatus $50,000
12. 2018-06-28
    soldstatus $50,000 Sold 157-char remark

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

13. 2018-06-28
    soldstatus $50,000 Closed

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

14. 2018-06-16
    status Pending
15. 2018-06-05
    historical Active Under Contract

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

16. 2018-06-05
    status Contingent (No Kick Out) 157-char remark

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

17. 2018-05-15
    listed $59,990 Active 157-char remark

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

18. 2018-05-15
    listed $59,990 Active

    Show marketing remark (157 chars)

    INVESTORS WELCOME! Large 4 level Detached Home on Corner lot in Walbrook section of Baltimore. Potential for separate apartments or Large Single Family Home!

19. 2016-11-09
    historical
20. 2016-11-08
    soldstatus $37,000
21. 2016-11-08
    soldstatus $37,000 Sold
22. 2016-08-06
    status Contract
23. 2016-05-28
    listed $45,000 Active
24. 2016-05-27
    listed $45,000
25. 2016-04-12
    historical
26. 2016-04-12
    historical
27. 2015-10-23
    listed Active
28. 2015-10-23
    listed $79,999

ⓘ 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: $5,280 · $440/mo
• Projected year-2 tax: $5,280 · $440/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,190
• − Mortgage interest: −$9,517
• − Property taxes: −$5,280
• − Insurance: −$850
• − Repairs & maintenance: −$3,055
• − Management: −$3,055
• − Depreciation: −$4,943
• Taxable income: $11,491
• Est. tax owed @ 24.0%: −$2,758
• After-tax cash flow: $10,591/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): 29,426
• Household income: $42,031
• Rent vs Own: 49.8% rent · 50.2% own
• Severe rent burden: 2264.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (91%)
• Race & ethnicity: Black 91% Hispanic / Latino 4% Two or more races 3% White 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -107.42%
• Current HPI: 164.3933
• Rent YoY: ▲ 6.10%
• 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

+112.4% since first listed

28 events — show timeline

• 2026-05-19 Pending — BRIGHT MLS
• 2026-04-15 Price Changed $169,900 BRIGHT MLS
• 2026-03-06 Price Changed $175,000 BRIGHT MLS
• 2026-01-23 Price Changed $189,900 BRIGHT MLS
• 2025-12-09 Price Changed $199,900 BRIGHT MLS
• 2025-10-13 Price Changed $184,900 BRIGHT MLS
• 2025-09-26 Relisted — BRIGHT MLS
• 2025-09-08 Pending — BRIGHT MLS
• 2025-08-12 Listed $199,900 BRIGHT MLS
• 2021-04-14 Sold (Public Records) $100,000 Public Records
• 2018-07-27 Sold (Public Records) $50,000 Public Records
• 2018-06-28 Sold (MLS) $50,000 BRIGHT MLS
• 2018-06-28 Sold (MLS) $50,000 MRIS
• 2018-06-16 Pending — BRIGHT MLS
• 2018-06-05 Contingent — BRIGHT MLS
• 2018-06-05 Pending — MRIS
• 2018-05-15 Listed $59,990 BRIGHT MLS
• 2018-05-15 Listed $59,990 MRIS
• 2016-11-09 Listing Removed — BRIGHT MLS
• 2016-11-08 Sold (MLS) $37,000 MRIS
• 2016-11-08 Sold (MLS) $37,000 BRIGHT MLS
• 2016-08-06 Pending — MRIS
• 2016-05-28 Listed $45,000 MRIS
• 2016-05-27 Listed $45,000 BRIGHT MLS
• 2016-04-12 Delisted — MRIS
• 2016-04-12 Listing Removed — BRIGHT MLS
• 2015-10-23 Listed — MRIS
• 2015-10-23 Listed $79,999 BRIGHT MLS

Property tax history

+3.7%/yr

Latest (2025): $5,280 · +8.5% YoY. Source: county tax records.