627 Radnor Ave · Baltimore, MD 21212

$144,000

3 bd · 3.5 ba · 1,660 sqft · Townhouse public records · 110 Days on market

Built 1938 Est $237k · 39% 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 +27.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.8/10.0
• 1% rule +8.6/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home! This home has been beautifully renovated throughout. Home features 3 bedrooms , 3 full baths, stainless steal appliances, and an open floor plan. The beauty also features and master bath with a walk-in closet. Fully finished basement great for entertaining and so much more. Conveniently located near shopping areas and major highways. Schedule a showing today this one won't last long.

Key facts

• Solid layout
• Minutes from dining
• Built 1938

Tags

• WELL-LOCATED TOWNHOUSE
• SOLID LAYOUT
• MINUTES FROM SHOPPING
• MINUTES FROM DINING
• MAJOR INTERSTATE ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath townhouse listed at $144k.

Deal economics

• At list price, monthly cash flow is $440 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $144k).
• Recommended offer: $131k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.0% 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 (+4.7%/yr); 133 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $996 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 + 4.7% rent growth), your $40k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 110 days — a 9% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 26y ago; this cycle's ask has dropped $16k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1938 — 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 $131,040 (9.0% below list)

Questions for the listing agent

1. It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1938 — 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: 1.36% ✓
• Cap rate: 9.96%
• Cash-on-cash: 13.10%
• DSCR: 1.58
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $237,380
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
617 Willow Ave	0.23mi	3/2.0	1,641 (-1%)	2mo	$235,000	$143	80
715 Radnor Ave	0.07mi	4/2.0 (+1)	1,600 (-4%)	2mo	$249,900	$156	78
4662 Kernwood Ave	0.27mi	3/1.5	1,652 (-0%)	1mo	$240,000	$145	78
804 Mccabe Ave	0.35mi	3/2.5	1,620 (-2%)	1mo	$199,900	$123	75
608 Radnor Ave	0.03mi	3/2.0	1,837 (+11%)	2mo	$219,000	$119	73
4744 Alhambra Ave	0.11mi	3/1.5	1,816 (+9%)	2mo	$155,000	$85	70
5019 Midwood Ave	0.20mi	3/2.0	1,455 (-12%)	2mo	$198,000	$136	62
609 E 41st St	0.55mi	3/2.0	1,728 (+4%)	1mo	$79,100	$46	61
308 Woodbourne Ave	0.59mi	3/2.0	1,565 (-6%)	1mo	$431,000	$275	56
3953 Wilsby Ave	0.67mi	4/2.0 (+1)	1,716 (+3%)	1mo	$235,000	$137	51
5607 Ready Ave	0.75mi	3/2.0	1,486 (-10%)	2mo	$240,000	$162	40
5506 Midwood Ave	0.62mi	4/2.0 (+1)	1,452 (-12%)	2mo	$255,000	$176	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 · 4.65% rent growth · sell at horizon

5-year hold

• IRR: 5.1%
• Equity multiple: 1.20×
• Total profit: $8,110
• Equity at exit: $21,471

10-year hold

• IRR: 16.1%
• Equity multiple: 2.43×
• Total profit: $57,590
• Equity at exit: $12,450

Cash invested: $40,320 (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

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21212

• Rents YoY: 4.7%
• Active inventory: 133
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,958 high
• Mortgage (P&I): −$755
• Tax from tax record: −$291 /mo · $3,493/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $440

Break-even live

Break-even rent $1,400

Max offer price $144,000

Occupancy floor 73%

Sensitivity live

Price	-10% $522	-5% $481	+0% $440	+5% $400	+10% $359
Rent	-10% $286	-5% $363	+0% $440	+5% $518	+10% $595
Rate	-1.0pp $513	-0.5pp $477	base $440	+0.5pp $403	+1.0pp $365

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: $36,000
• Closing costs: $4,320
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4754 Alhambra Ave Baltimore, MD	3.0	2.0	1876	$1,500	$0.80	24d	1	0.07mi
804 Radnor Ave Baltimore, MD	3.0	1.0	1654	$2,000	$1.21	44d	1	0.08mi
514 Radnor Ave Baltimore, MD	3.0	1.5	1575	$1,500	$0.95	45d	1	0.17mi
531 Willow Ave Unit Na Baltimore, MD	4.0	1.0	1300	$1,800	$1.38	20d	1	0.20mi
4407 Old York Rd Baltimore, MD	3.0	1.5	1356	$1,574	$1.16	20d	1	0.24mi
4407 Old York Rd Baltimore, MD	3.0	1.5	1356	$1,574	$1.16	44d	1	0.24mi
543 Chateau Ave Baltimore, MD	3.0	2.0	1152	$1,900	$1.65	5d	1	0.26mi
510 Winston Ave Baltimore, MD	4.0	2.0	1600	$2,800	$1.75	20d	1	0.28mi
706 E 43rd St Baltimore, MD	4.0	1.5	1596	$1,899	$1.19	2d	1	0.34mi
711 1/2 McCabe Ave Baltimore, MD	4.0	3.0	1204	$2,350	$1.95	5d	1	0.36mi
720 Springfield Ave Baltimore, MD	3.0	1.0	1160	$2,000	$1.72	44d	1	0.38mi
5200 Ready Ave Baltimore, MD	3.0	1.5	1116	$1,950	$1.75	4d	1	0.44mi
4303 York Rd #3 Baltimore, MD	2.0	1.0	1680	$1,400	$0.83	44d	1	0.44mi
1224 Winston Ave Baltimore, MD	3.0	2.0	1248	$2,100	$1.68	18d	1	0.47mi
5307 York Rd Baltimore, MD	2.0	1.0	1120	$1,200	$1.07	44d	1	0.54mi
513 E 41st St Baltimore, MD	4.0	1.5	1620	$1,900	$1.17	44d	1	0.55mi
1221 Glenwood Ave Baltimore, MD	3.0	2.0	1390	$2,595	$1.87	44d	1	0.58mi
4033 Greenmount Ave Baltimore, MD	2.0	2.5	1860	$2,550	$1.37	24d	1	0.58mi
5204 Kelway Rd Baltimore, MD	3.0	2.0	1666	$2,350	$1.41	24d	1	0.70mi
1008 Tunbridge Rd Baltimore, MD	3.0	2.0	1732	$2,050	$1.18	24d	1	0.71mi
620 Harwood Ave Baltimore, MD	2.0	1.0	2056	$1,350	$0.66	44d	1	0.75mi
5622 Midwood Ave Baltimore, MD	3.0	2.0	1452	$2,300	$1.58	44d	1	0.82mi
5626 Midwood Ave Unit 2 Baltimore, MD	2.0	1.0	1452	$1,100	$0.76	24d	1	0.82mi
3721 Ellerslie Ave Baltimore, MD	1.0–3.0	1.0–2.0	894	$1,603	$1.79	2d	1	0.83mi
818 Bradhurst Rd Baltimore, MD	2.0	1.0	1216	$1,350	$1.11	4d	1	0.85mi
818 Bradhurst Rd Baltimore, MD	2.0	1.0	1216	$1,250	$1.03	44d	1	0.85mi
4006 Loch Raven Blvd Baltimore, MD	3.0	2.5	2016	$2,695	$1.34	18d	1	0.85mi
1545 E Cold Spring Ln Baltimore, MD	4.0	2.0	1240	$2,000	$1.61	44d	1	0.87mi
828 Saint Dunstans Rd Baltimore, MD	3.0	2.0	1544	$2,000	$1.30	24d	1	0.93mi
1539 Ralworth Rd Baltimore, MD	3.0	2.0	1580	$1,950	$1.23	15d	1	0.94mi
1617 Argonne Dr Baltimore, MD	4.0	2.0	1200	$2,550	$2.12	44d	1	0.95mi
5520 Sagra Rd Baltimore, MD	3.0	1.5	1650	$1,900	$1.15	44d	1	0.96mi
721 E 36th St Unit Na Baltimore, MD	2.0	1.0	1156	$1,650	$1.43	44d	1	1.04mi
3529 Greenmount Ave Baltimore, MD	3.0	2.0	1316	$1,575	$1.20	44d	1	1.08mi
108 W 39th St Baltimore, MD	2.0	1.0–2.0	1350	$2,189	$1.62	3d	11	1.09mi
3811 Canterbury Rd Baltimore, MD	2.0	1.0–2.0	975	$2,495	$2.56	13d	5	1.09mi
917 Reverdy Rd Unit A Baltimore, MD	3.0	1.0	1200	$2,100	$1.75	44d	1	1.11mi
724 E 35th St Baltimore, MD	3.0	1.5	1368	$2,000	$1.46	15d	1	1.12mi
105 W 39th St Baltimore, MD	2.0	1.0	753	$2,250	$2.99	5d	1	1.14mi
3601 Greenway #101 Baltimore, MD	2.0	2.0	1470	$2,700	$1.84	4d	1	1.18mi

Listing history 29 events

1. 2026-04-24
   status Pending
2. 2026-04-20
   historical
3. 2026-03-17
   status Active
4. 2026-03-05
   historical
5. 2026-02-04
   price $144,000
6. 2025-12-19
   listed $160,000 Active
7. 2025-12-19
   historical $160,000
8. 2021-12-10
   soldstatus $175,000 Closed 401-char remark

   Show marketing remark (401 chars)

   Welcome Home! This home has been beautifully renovated throughout. Home features 3 bedrooms , 3 full baths, stainless steal appliances, and an open floor plan. The beauty also features and master bath with a walk-in closet. Fully finished basement great for entertaining and so much more. Conveniently located near shopping areas and major highways. Schedule a showing today this one won't last long.

9. 2021-09-22
   status Pending 401-char remark

   Show marketing remark (401 chars)

   Welcome Home! This home has been beautifully renovated throughout. Home features 3 bedrooms , 3 full baths, stainless steal appliances, and an open floor plan. The beauty also features and master bath with a walk-in closet. Fully finished basement great for entertaining and so much more. Conveniently located near shopping areas and major highways. Schedule a showing today this one won't last long.

10. 2021-08-06
    listed $175,000 Active 401-char remark

    Show marketing remark (401 chars)

    Welcome Home! This home has been beautifully renovated throughout. Home features 3 bedrooms , 3 full baths, stainless steal appliances, and an open floor plan. The beauty also features and master bath with a walk-in closet. Fully finished basement great for entertaining and so much more. Conveniently located near shopping areas and major highways. Schedule a showing today this one won't last long.

11. 2020-11-09
    soldstatus $75,000
12. 2020-06-08
    soldstatus $75,000 Closed 477-char remark

    Show marketing remark (477 chars)

    3 bedroom 1.5 bath brick townhouse with front porch. Rear enclosed porch. .Gas heated, circuit breakers and fenced rear yard. .. SOLD AS IS. Priced for quick sale. Non cash offers to be prequalified with Vylla Loan. Listing Broker & Seller assume no responsibility & make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. Call Jason Lichtstrahl for more information. 4104192104.

13. 2020-05-07
    status Pending 477-char remark

    Show marketing remark (477 chars)

    3 bedroom 1.5 bath brick townhouse with front porch. Rear enclosed porch. .Gas heated, circuit breakers and fenced rear yard. .. SOLD AS IS. Priced for quick sale. Non cash offers to be prequalified with Vylla Loan. Listing Broker & Seller assume no responsibility & make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. Call Jason Lichtstrahl for more information. 4104192104.

14. 2020-03-20
    price $79,900 477-char remark

    Show marketing remark (477 chars)

    3 bedroom 1.5 bath brick townhouse with front porch. Rear enclosed porch. .Gas heated, circuit breakers and fenced rear yard. .. SOLD AS IS. Priced for quick sale. Non cash offers to be prequalified with Vylla Loan. Listing Broker & Seller assume no responsibility & make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. Call Jason Lichtstrahl for more information. 4104192104.

15. 2020-02-20
    soldstatus $67,852
16. 2020-02-10
    listed $85,000 Active 477-char remark

    Show marketing remark (477 chars)

    3 bedroom 1.5 bath brick townhouse with front porch. Rear enclosed porch. .Gas heated, circuit breakers and fenced rear yard. .. SOLD AS IS. Priced for quick sale. Non cash offers to be prequalified with Vylla Loan. Listing Broker & Seller assume no responsibility & make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. Call Jason Lichtstrahl for more information. 4104192104.

17. 2010-10-22
    historical Withdrawn
18. 2010-10-22
    historical
19. 2010-08-12
    listed Active
20. 2010-08-12
    listed $105,000
21. 2007-09-01
    historical
22. 2007-04-22
    listed
23. 2006-11-06
    soldstatus $98,000
24. 2006-03-10
    soldstatus $70,875
25. 2001-06-15
    soldstatus $13,500
26. 2001-04-19
    soldstatus $7,000
27. 2001-03-23
    historical
28. 2000-10-05
    listed $19,900
29. 1999-07-21
    soldstatus $59,000

ⓘ 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: $3,493 · $291/mo
• Projected year-2 tax: $3,493 · $291/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: $23,492
• − Mortgage interest: −$8,066
• − Property taxes: −$3,493
• − Insurance: −$720
• − Repairs & maintenance: −$1,879
• − Management: −$1,879
• − Depreciation: −$4,189
• Taxable income: $3,265
• Est. tax owed @ 24.0%: −$784
• After-tax cash flow: $4,500/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): 33,974
• Household income: $96,685
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 769.0

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 0.64)
• Race & ethnicity: White 49% Black 35% Two or more races 9% Hispanic / Latino 7% Asian 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 1%
• Common ancestry: Romanian 3% Italian 2% Slovak 2%
• Foreign-born: 9% · Canada, China
• Languages at home: 87% English-only · Spanish 5% Other Indo-European 2% 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: ▼ -392.44%
• Current HPI: 267.4569
• Rent YoY: ▲ 4.65%
• 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

+144.1% since first listed

29 events — show timeline

• 2026-04-24 Pending — BRIGHT MLS
• 2026-04-20 Listing Removed — BRIGHT MLS
• 2026-03-17 Relisted — BRIGHT MLS
• 2026-03-05 Listing Removed — BRIGHT MLS
• 2026-02-04 Price Changed $144,000 BRIGHT MLS
• 2025-12-19 Listed $160,000 BRIGHT MLS
• 2025-12-19 Coming Soon $160,000 BRIGHT MLS
• 2021-12-10 Sold (MLS) $175,000 BRIGHT MLS
• 2021-09-22 Pending — BRIGHT MLS
• 2021-08-06 Listed $175,000 BRIGHT MLS
• 2020-11-09 Sold (Public Records) $75,000 Public Records
• 2020-06-08 Sold (MLS) $75,000 BRIGHT MLS
• 2020-05-07 Pending — BRIGHT MLS
• 2020-03-20 Price Changed $79,900 BRIGHT MLS
• 2020-02-20 Sold (Public Records) $67,852 Public Records
• 2020-02-10 Listed $85,000 BRIGHT MLS
• 2010-10-22 Delisted — MRIS
• 2010-10-22 Listing Removed — BRIGHT MLS
• 2010-08-12 Listed — MRIS
• 2010-08-12 Listed $105,000 BRIGHT MLS
• 2007-09-01 Delisted — MRIS
• 2007-04-22 Listed — MRIS
• 2006-11-06 Sold (Public Records) $98,000 Public Records
• 2006-03-10 Sold (Public Records) $70,875 Public Records
• 2001-06-15 Sold (Public Records) $13,500 Public Records
• 2001-04-19 Sold (MLS) $7,000 MRIS
• 2001-03-23 Delisted — MRIS
• 2000-10-05 Listed $19,900 MRIS
• 1999-07-21 Sold (Public Records) $59,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $3,493 · +10.1% YoY. Source: county tax records.