610 Scott St · Baltimore, MD 21230

$329,900

5 bd · 2.0 ba · 1,572 sqft · Townhouse public records · 70 Days on market

Built 1900 1,080 sqft lot $210/sqft · 12% below area Est $356k · 7% 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).

• Cash flow +14.5/30.0
• ARV discount +10.8/15.0
• DSCR +4.4/10.0
• 1% rule +3.8/10.0
• 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

Welcome to Pigtown—where charm meets modern living! This beautifully reimagined home features a light-filled, open-concept floor plan designed for both comfort and style. The fully updated kitchen boasts sleek stainless steel appliances, perfect for everyday living and entertaining alike. The main level offers a convenient primary suite complete with a stunning full bath and direct access to a spacious backyard—ready for your personal touch, whether it’s outdoor entertaining, gardening, or relaxing. Upstairs, the second level features two bedrooms with plush carpeting and a full bath. The third level mirrors this layout while adding a versatile hallway sitting area—ideal for a reading nook, workspace, or lounge. From the top front bedroom, enjoy views of M & T Bank Stadium and Camden Yards, connecting you to the vibrant energy of Baltimore. Perfectly located in the heart of Pigtown, this home offers an incredible opportunity to experience the culture, convenience, and character of city living.

Key facts

• Built 1900
• Listed 70 days

Tags

• OPEN CONCEPT FLOOR PLAN
• FULLY UPDATED KITCHEN
• DIRECT ACCESS TO BACKYARD
• VERSATILE HALLWAY SITTING AREA
• VIEWS OF M T BANK STADIUM

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath townhouse listed at $330k.

Deal economics

• At list price, monthly cash flow is $72 ($868/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 $290k (12.1% below list).
• Recommended offer: $290k (12.1% 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 soft (-1.0%/yr); 362 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 38% of the median local income ($92k/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 $10k 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 70 days — a 6% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 19y ago; this cycle's ask has dropped $35k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; list at $330k implies a 469% 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 $290,111 (12.1% below list)

Questions for the listing agent

1. It's been on market 70 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 1900 — 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. 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?
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: 0.88% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.94%
• DSCR: 1.04
• GRM: 9.5

CMA / ARV

• ARV (median comp): $356,215
• List price: $329,900
• Delta: -7.39%
• 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
1057 W Barre St	0.21mi	4/2.5 (-1)	1,665 (+6%)	0mo	$270,000	$162	73
907 Mchenry St	0.26mi	4/2.0 (-1)	1,568 (-0%)	12mo	$262,500	$167	73
1022 W Lombard St	0.46mi	4/2.0 (-1)	1,550 (-1%)	3mo	$138,500	$89	69
660 Washington Blvd	0.26mi	4/2.0 (-1)	1,720 (+9%)	1mo	$365,000	$212	66
1182 Washington Blvd	0.27mi	4/3.5 (-1)	1,536 (-2%)	10mo	$225,000	$146	64
1223 W Ostend St	0.26mi	4/3.0 (-1)	1,529 (-3%)	12mo	$250,000	$164	64
821 W Lombard St	0.35mi	6/3.0 (+1)	1,614 (+3%)	13mo	$400,000	$248	59
534 S Paca St	0.30mi	4/2.0 (-1)	1,708 (+9%)	13mo	$334,000	$196	55
649 Portland St	0.30mi	4/3.0 (-1)	1,750 (+11%)	7mo	$279,000	$159	52
701-S Sharp St	0.63mi	4/3.5 (-1)	1,556 (-1%)	12mo	$485,000	$312	48
22 Parkin St	0.42mi	4/3.0 (-1)	1,747 (+11%)	7mo	$219,900	$126	47
121 S Poppleton St	0.35mi	4/3.5 (-1)	1,800 (+14%)	6mo	$265,000	$147	43

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: -18.1%
• Equity multiple: 0.38×
• Total profit: $-57,346
• Equity at exit: $49,189

10-year hold

• IRR: -17.5%
• Equity multiple: 0.17×
• Total profit: $-76,834
• Equity at exit: $28,524

Cash invested: $92,372 (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: 9.5×

Monthly cashflow live

• Estimated rent: $2,901 high
• Mortgage (P&I): −$1,730
• Tax from tax record: −$352 /mo · $4,225/yr
• Insurance: −$137
• HOA: −$0
• Vacancy / Maint / Mgmt: −$609
• Net cashflow: $72

Break-even live

Break-even rent $2,810

Max offer price $329,900

Occupancy floor 93%

Sensitivity live

Price	-10% $259	-5% $166	+0% $72	+5% $-21	+10% $-114
Rent	-10% $-157	-5% $-42	+0% $72	+5% $187	+10% $302
Rate	-1.0pp $238	-0.5pp $156	base $72	+0.5pp $-13	+1.0pp $-100

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: $82,475
• Closing costs: $9,897
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
610 Scott St Baltimore, MD	5.0	3.0	1700	$2,750	$1.62	13d	1	0.01mi
819 Ramsay St Baltimore, MD	4.0	3.5	1856	$3,000	$1.62	13d	1	0.12mi
324 Scott St Baltimore, MD	4.0	2.5	1656	$3,000	$1.81	44d	1	0.13mi
803 McHenry St Baltimore, MD	4.0	2.5	1856	$2,599	$1.40	3d	1	0.19mi
1125 Washington Blvd Baltimore, MD	4.0	2.5	1200	$2,750	$2.29	18d	1	0.22mi
662 Washington Blvd Baltimore, MD	4.0	2.5	1300	$2,700	$2.08	44d	1	0.26mi
636 Portland St Baltimore, MD	4.0	2.0	1545	$2,650	$1.72	24d	1	0.32mi
1127 S Hanover St Baltimore, MD	4.0	3.5	2000	$3,600	$1.80	18d	1	0.84mi
1127 S Hanover St Baltimore, MD	4.0	4.0	2000	$3,600	$1.80	17d	1	0.84mi
1032 W Franklin St Baltimore, MD	4.0	4.5	1913	$2,650	$1.39	24d	1	0.92mi
206 E Cross St Baltimore, MD	4.0	2.0	2168	$3,000	$1.38	5d	1	1.05mi
311 S Pulaski St Baltimore, MD	5.0	3.0	1450	$2,400	$1.66	4d	1	1.11mi
311 S Pulaski St Baltimore, MD	5.0	3.0	1450	$2,400	$1.66	44d	1	1.11mi
1153 Riverside Ave Baltimore, MD	4.0	2.0	1838	$2,800	$1.52	44d	1	1.16mi
1625 Edmondson Ave Unit 2 Baltimore, MD	4.0	3.0	1500	$1,895	$1.26	13d	1	1.20mi
1625 Edmondson Ave Unit 1 Baltimore, MD	4.0	3.0	1500	$2,175	$1.45	5d	1	1.20mi
910 N Arlington Ave Unit 2 Baltimore, MD	4.0	2.0	1220	$1,850	$1.52	24d	1	1.29mi
834 N Stricker St Baltimore, MD	4.0	1.0	1200	$1,500	$1.25	21d	1	1.34mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	11d	1	1.39mi
2514 Wilkens Ave Baltimore, MD	4.0	1.0	1344	$1,800	$1.34	44d	1	1.39mi
2509 Christian St Baltimore, MD	4.0	2.0	1248	$1,699	$1.36	4d	1	1.41mi

Listing history 11 events

1. 2026-06-02
   days on market $329,900 Active 70 DOM
2. 2026-06-01
   days on market $329,900 Active 69 DOM
3. 2026-05-31
   days on market $329,900 Active 68 DOM
4. 2026-05-05
   price $329,900 1036-char remark

   Show marketing remark (1036 chars)

   Welcome to Pigtown—where charm meets modern living! This beautifully reimagined home features a light-filled, open-concept floor plan designed for both comfort and style. The fully updated kitchen boasts sleek stainless steel appliances, perfect for everyday living and entertaining alike. The main level offers a convenient primary suite complete with a stunning full bath and direct access to a spacious backyard—ready for your personal touch, whether it’s outdoor entertaining, gardening, or relaxing. Upstairs, the second level features two bedrooms with plush carpeting and a full bath. The third level mirrors this layout while adding a versatile hallway sitting area—ideal for a reading nook, workspace, or lounge. From the top front bedroom, enjoy views of M & T Bank Stadium and Camden Yards, connecting you to the vibrant energy of Baltimore. Perfectly located in the heart of Pigtown, this home offers an incredible opportunity to experience the culture, convenience, and character of city living.

5. 2026-04-21
   price $339,000 1036-char remark

   Show marketing remark (1036 chars)

   Welcome to Pigtown—where charm meets modern living! This beautifully reimagined home features a light-filled, open-concept floor plan designed for both comfort and style. The fully updated kitchen boasts sleek stainless steel appliances, perfect for everyday living and entertaining alike. The main level offers a convenient primary suite complete with a stunning full bath and direct access to a spacious backyard—ready for your personal touch, whether it’s outdoor entertaining, gardening, or relaxing. Upstairs, the second level features two bedrooms with plush carpeting and a full bath. The third level mirrors this layout while adding a versatile hallway sitting area—ideal for a reading nook, workspace, or lounge. From the top front bedroom, enjoy views of M & T Bank Stadium and Camden Yards, connecting you to the vibrant energy of Baltimore. Perfectly located in the heart of Pigtown, this home offers an incredible opportunity to experience the culture, convenience, and character of city living.

6. 2026-03-30
   price $350,000 1036-char remark

   Show marketing remark (1036 chars)

   Welcome to Pigtown—where charm meets modern living! This beautifully reimagined home features a light-filled, open-concept floor plan designed for both comfort and style. The fully updated kitchen boasts sleek stainless steel appliances, perfect for everyday living and entertaining alike. The main level offers a convenient primary suite complete with a stunning full bath and direct access to a spacious backyard—ready for your personal touch, whether it’s outdoor entertaining, gardening, or relaxing. Upstairs, the second level features two bedrooms with plush carpeting and a full bath. The third level mirrors this layout while adding a versatile hallway sitting area—ideal for a reading nook, workspace, or lounge. From the top front bedroom, enjoy views of M & T Bank Stadium and Camden Yards, connecting you to the vibrant energy of Baltimore. Perfectly located in the heart of Pigtown, this home offers an incredible opportunity to experience the culture, convenience, and character of city living.

7. 2026-03-24
   listed $365,000 Active 1036-char remark

   Show marketing remark (1036 chars)

   Welcome to Pigtown—where charm meets modern living! This beautifully reimagined home features a light-filled, open-concept floor plan designed for both comfort and style. The fully updated kitchen boasts sleek stainless steel appliances, perfect for everyday living and entertaining alike. The main level offers a convenient primary suite complete with a stunning full bath and direct access to a spacious backyard—ready for your personal touch, whether it’s outdoor entertaining, gardening, or relaxing. Upstairs, the second level features two bedrooms with plush carpeting and a full bath. The third level mirrors this layout while adding a versatile hallway sitting area—ideal for a reading nook, workspace, or lounge. From the top front bedroom, enjoy views of M & T Bank Stadium and Camden Yards, connecting you to the vibrant energy of Baltimore. Perfectly located in the heart of Pigtown, this home offers an incredible opportunity to experience the culture, convenience, and character of city living.

8. 2008-01-24
   historical
9. 2007-07-20
   price
10. 2007-05-14
    listed
11. 1992-06-05
    soldstatus $58,000

ⓘ 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: $4,225 · $352/mo
• Projected year-2 tax: $4,225 · $352/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: $34,813
• − Mortgage interest: −$18,480
• − Property taxes: −$4,225
• − Insurance: −$1,650
• − Repairs & maintenance: −$2,785
• − Management: −$2,785
• − Depreciation: −$9,597
• Taxable loss: −$4,708
• Est. tax savings @ 24.0%: +$1,130
• After-tax cash flow: $1,998/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

+468.8% since first listed

8 events — show timeline

• 2026-05-05 Price Changed $329,900 BRIGHT MLS
• 2026-04-21 Price Changed $339,000 BRIGHT MLS
• 2026-03-30 Price Changed $350,000 BRIGHT MLS
• 2026-03-24 Listed $365,000 BRIGHT MLS
• 2008-01-24 Delisted — MRIS
• 2007-07-20 Price Changed — MRIS
• 2007-05-14 Listed — MRIS
• 1992-06-05 Sold (Public Records) $58,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $4,225 · +79.1% YoY. Source: county tax records.