848 Powers St · Baltimore, MD 21211

$249,900

3 bd · 1.0 ba · 1,204 sqft · Townhouse public records · 3 Days on market

Built 1900 1,040 sqft lot Est $329k · 24% under

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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).

• ARV discount +15.0/15.0
• Cash flow +14.7/30.0
• 1% rule +4.5/10.0
• DSCR +4.5/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming 3-bedroom townhome featuring a beautifully updated kitchen with glass-front cabinetry, granite countertops, and stainless steel appliances, including a gas range and microwave range hood. A convenient door off the kitchen provides easy access to the backyard—perfect for everyday living and entertaining. The main level offers a desirable layout with a convenient half bath, hardwood floors, and character-filled exposed brick walls in the family and dining rooms. Upstairs, you'll find parquet flooring throughout, three bedrooms, and a full hallway bath. Enjoy a prime location just moments from shopping, dining, and local conveniences. Mortgage savings may be avai

Key facts

• Microwave range hood
• Updated kitchen
• Granite countertops

Tags

• UPDATED KITCHEN
• GLASS-FRONT CABINETRY
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• GAS RANGE
• MICROWAVE RANGE HOOD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $250k.

Deal economics

• At list price, monthly cash flow is $65 ($780/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (5.5% below list).
• Recommended offer: $236k (5.5% below list) — sets the bar for 1% rule.

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 (+4.3%/yr); 91 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 34% of the median local income ($83k/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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 13 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $161k; list at $250k implies a 55% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $236,276 (5.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
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: 0.95% ✗
• Cap rate: 6.61%
• Cash-on-cash: 1.11%
• DSCR: 1.05
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $328,692
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
848 Powers St	0.00mi	3/1.5	1,204 (0%)	0mo	$270,900	$225	98
832 W 35th St	0.05mi	3/2.0	1,204 (0%)	2mo	$340,000	$282	92
3459 Chestnut Ave	0.10mi	3/1.5	1,104 (-8%)	0mo	$312,700	$283	79
3659 Chestnut Ave	0.24mi	3/3.0	1,176 (-2%)	2mo	$355,000	$302	76
806 Wellington St	0.10mi	2/2.0 (-1)	1,274 (+6%)	2mo	$348,000	$273	75
3821 Roland Ave	0.38mi	3/2.0	1,176 (-2%)	2mo	$320,000	$272	73
3610 Paine St	0.16mi	2/1.0 (-1)	1,080 (-10%)	1mo	$180,000	$167	70
3632 Hickory Ave	0.26mi	2/1.5 (-1)	1,370 (+14%)	1mo	$415,000	$303	58
3731 Roland Ave	0.31mi	3/2.0	1,372 (+14%)	1mo	$515,000	$375	58
1212 Cox St	0.49mi	3/1.0	1,050 (-13%)	2mo	$260,000	$248	55
2821 Remington Ave	0.72mi	2/2.0 (-1)	1,170 (-3%)	1mo	$265,000	$226	52
1523 Baldwin St	0.45mi	4/2.0 (+1)	1,064 (-12%)	1mo	$289,900	$272	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 · 4.32% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.53×
• Total profit: $-33,094
• Equity at exit: $37,261

10-year hold

• IRR: -1.9%
• Equity multiple: 0.86×
• Total profit: $-9,755
• Equity at exit: $21,607

Cash invested: $69,972 (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 21211

• Rents YoY: 4.3%
• Active inventory: 91
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,363 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$387 /mo · $4,644/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $65

Break-even live

Break-even rent $2,280

Max offer price $249,900

Occupancy floor 92%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
828 W 35th St Baltimore, MD	3.0	2.0	1204	$1,800	$1.50	24d	1	0.08mi
3429 Chestnut Ave Unit 2 Baltimore, MD	2.0	1.5	750	$1,899	$2.53	24d	1	0.11mi
3429 Chestnut Ave Unit 5 Baltimore, MD	2.0	2.5	900	$1,800	$2.00	24d	1	0.11mi
3507 Elm Ave Baltimore, MD	3.0	2.5	1204	$2,295	$1.91	24d	1	0.12mi
3539 Roland Ave Baltimore, MD	3.0	2.5	1320	$3,500	$2.65	43d	1	0.12mi
3501 Chestnut Ave Baltimore, MD	2.0	1.5	1192	$1,825	$1.53	24d	1	0.13mi
612 Harding Pl Baltimore, MD	2.0	1.0	800	$2,200	$2.75	4d	1	0.21mi
3100 Fallscliff Rd Baltimore, MD	2.0	1.0–2.0	729	$2,660	$3.65	2d	10	0.23mi
620 W 33rd St Baltimore, MD	2.0	2.0	1200	$2,495	$2.08	20d	1	0.24mi
3638 Keswick Rd Baltimore, MD	2.0	2.0	1170	$2,500	$2.14	43d	1	0.27mi
816 W 37th St Baltimore, MD	3.0	2.5	1468	$2,700	$1.84	4d	1	0.29mi
3534 Poole St Unit 1 Baltimore, MD	3.0	2.0	1450	$2,600	$1.79	24d	1	0.34mi
1201 Union Ave Baltimore, MD	3.0	2.0	1410	$2,575	$1.83	43d	1	0.38mi
3744 Hickory Ave Baltimore, MD	2.0	1.0	900	$1,900	$2.11	43d	1	0.39mi
727 W 40th St Baltimore, MD	1.0–2.0	1.0–2.0	1101	$3,822	$3.47	2d	4	0.43mi
1527 W 36th St Unit 2ND FLOOR Baltimore, MD	2.0	1.0	1200	$1,600	$1.33	43d	1	0.47mi
305 W 31st St Baltimore, MD	4.0	2.0	1500	$2,499	$1.67	43d	1	0.52mi
3925 Beech Ave Unit 314 Baltimore, MD	2.0	2.0	1050	$1,950	$1.86	4d	1	0.55mi
1109 W 40th St Baltimore, MD	3.0	1.5	944	$2,150	$2.28	4d	1	0.58mi
1109 W 40th St Unit 1 Baltimore, MD	2.0	1.5	1392	$2,150	$1.54	4d	1	0.58mi
315 W 30th St Baltimore, MD	3.0	3.0	1200	$2,450	$2.04	18d	1	0.60mi
315 W 30th St Baltimore, MD	3.0	3.0	1250	$2,450	$1.96	16d	1	0.60mi
500 W University Pkwy Baltimore, MD	3.0	1.0–2.0	955	$3,020	$3.16	2d	60	0.67mi
4032 Falls Rd Unit 2 Baltimore, MD	2.0	1.0	1040	$1,650	$1.59	43d	1	0.68mi
4032 Falls Rd Baltimore, MD	2.0	1.0	1040	$1,645	$1.58	43d	1	0.68mi
105 W 39th St Baltimore, MD	2.0	1.0	753	$2,250	$2.99	4d	1	0.69mi
4119 Falls Rd Baltimore, MD	3.0	1.5	1316	$2,500	$1.90	43d	1	0.72mi
108 W 39th St Baltimore, MD	2.0	1.0–2.0	1350	$2,189	$1.62	3d	11	0.74mi
3811 Canterbury Rd Baltimore, MD	2.0	1.0–2.0	975	$2,495	$2.56	12d	5	0.74mi
1011 W 42nd St Baltimore, MD	3.0	1.0	1160	$2,100	$1.81	4d	1	0.76mi
4014 Linkwood Rd Unit D Baltimore, MD	2.0	1.5	1001	$1,800	$1.80	43d	1	0.76mi
1 E University Pkwy Baltimore, MD	1.0–3.0	1.0–2.0	1045	$2,500	$2.39	4d	2	0.78mi
2752 Maryland Ave Unit 2ND FLOOR Baltimore, MD	2.0	1.0	900	$1,500	$1.67	18d	1	0.82mi
3201 Saint Paul St Baltimore, MD	1.0–2.0	1.5–2.0	1532	$3,200	$2.09	2d	1	0.82mi
3501 Saint Paul St Baltimore, MD	3.0	1.0–2.5	916	$2,700	$2.95	1d	172	0.83mi
325 W Lorraine Ave Baltimore, MD	3.0	1.0	1470	$3,150	$2.14	4d	1	0.85mi
2641 N Howard St Baltimore, MD	4.0	3.5	1344	$2,800	$2.08	24d	1	0.86mi
3601 Greenway #101 Baltimore, MD	2.0	2.0	1470	$2,700	$1.84	4d	1	0.86mi
810 Brooks Ln Unit 2 Baltimore, MD	3.0	1.0	900	$1,350	$1.50	20d	1	0.90mi
901 Druid Park Lake Dr Baltimore, MD	1.0–2.0	1.0	681	$1,250	$1.84	43d	1	0.91mi

Listing history 33 events

1. 2026-03-31
   status Pending
2. 2026-03-27
   listed $249,900 Active
3. 2021-10-05
   historical
4. 2021-07-27
   listed $280,000 Active
5. 2018-09-08
   historical
6. 2018-09-08
   historical Withdrawn
7. 2018-08-29
   historical
8. 2018-08-29
   listed $200,000 Active
9. 2018-08-29
   listed Active
10. 2018-08-29
    historical Withdrawn
11. 2018-08-11
    status Active
12. 2018-08-11
    status Active
13. 2018-07-31
    historical Active Under Contract
14. 2018-07-31
    status Contingent (No Kick Out)
15. 2018-07-09
    price $205,000
16. 2018-07-09
    price
17. 2018-06-08
    price $225,000
18. 2018-06-08
    price
19. 2018-05-22
    status Active
20. 2018-05-22
    status Active
21. 2018-05-10
    historical Active Under Contract
22. 2018-05-10
    status Contingent (No Kick Out)
23. 2018-05-07
    listed $239,000 Active
24. 2018-05-07
    listed Active
25. 2005-12-22
    historical
26. 2005-11-08
    listed
27. 2005-11-08
    historical
28. 2005-09-17
    listed
29. 2005-05-03
    soldstatus $160,900
30. 2005-03-31
    soldstatus $160,900
31. 2005-03-14
    historical
32. 2005-03-10
    listed $159,900
33. 1991-03-18
    soldstatus $40,000

ⓘ 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: $4,644 · $387/mo
• Projected year-2 tax: $4,644 · $387/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 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,353
• − Mortgage interest: −$13,998
• − Property taxes: −$4,644
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,268
• − Management: −$2,268
• − Depreciation: −$7,270
• Taxable loss: −$3,344
• Est. tax savings @ 24.0%: +$803
• After-tax cash flow: $1,583/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): 14,969
• Household income: $82,828
• Rent vs Own: 39.5% rent · 60.5% own
• Severe rent burden: 635.0

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 White (73%)
• Race & ethnicity: White 73% Black 10% Two or more races 7% Hispanic / Latino 7% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 5% Italian 2% Slovak 2%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 87% English-only · Spanish 5% Other Indo-European 2% Chinese 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: ▼ -409.24%
• Current HPI: 458.2576
• Rent YoY: ▲ 4.32%
• 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

+524.8% since first listed

33 events — show timeline

• 2026-03-31 Pending — BRIGHT MLS
• 2026-03-27 Listed $249,900 BRIGHT MLS
• 2021-10-05 Listing Removed — BRIGHT MLS
• 2021-07-27 Listed $280,000 BRIGHT MLS
• 2018-09-08 Listing Removed — BRIGHT MLS
• 2018-09-08 Delisted — MRIS
• 2018-08-29 Listing Removed — BRIGHT MLS
• 2018-08-29 Delisted — MRIS
• 2018-08-29 Listed — MRIS
• 2018-08-29 Listed $200,000 BRIGHT MLS
• 2018-08-11 Relisted — BRIGHT MLS
• 2018-08-11 Relisted — MRIS
• 2018-07-31 Contingent — BRIGHT MLS
• 2018-07-31 Pending — MRIS
• 2018-07-09 Price Changed $205,000 BRIGHT MLS
• 2018-07-09 Price Changed — MRIS
• 2018-06-08 Price Changed $225,000 BRIGHT MLS
• 2018-06-08 Price Changed — MRIS
• 2018-05-22 Relisted — BRIGHT MLS
• 2018-05-22 Relisted — MRIS
• 2018-05-10 Contingent — BRIGHT MLS
• 2018-05-10 Pending — MRIS
• 2018-05-07 Listed — MRIS
• 2018-05-07 Listed $239,000 BRIGHT MLS
• 2005-12-22 Delisted — MRIS
• 2005-11-08 Delisted — MRIS
• 2005-11-08 Listed — MRIS
• 2005-09-17 Listed — MRIS
• 2005-05-03 Sold (Public Records) $160,900 Public Records
• 2005-03-31 Sold (MLS) $160,900 MRIS
• 2005-03-14 Delisted — MRIS
• 2005-03-10 Listed $159,900 MRIS
• 1991-03-18 Sold (Public Records) $40,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $4,644 · +2.7% YoY. Source: county tax records.