1828 Harlem Ave · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +15.0/30.0
- ARV discount +15.0/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Rent growth +4.2/5.0
- Livability +3.8/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$39,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This charming Colonial-style townhouse, originally built in 1900 and thoughtfully renovated in 2012, offers a perfect blend of historic character and modern convenience. With three spacious bedrooms and a full bathroom, this residence is designed to provide comfort and functionality, making it an excellent investment opportunity for those looking to enter the real estate market or expand their portfolio. Step inside to discover a warm and inviting interior featuring a delightful country kitchen, ideal for culinary enthusiasts. The kitchen is equipped with essential appliances, including a refrigerator and stove, ensuring that meal preparation is both easy and enjoyable. The wood floors throughout the home add a touch of elegance and warmth, while the double-pane windows not only enhance energy efficiency but also fill the space with natural light. The layout of this home is designed for both relaxation and entertaining. The unfinished basement presents a blank canvas for potential buyers to customize according to their vision-whether that means creating additional living space, a home office, or a recreational area. The outdoor space features a cozy patio, perfect for enjoying morning coffee or evening gatherings, while the surrounding sidewalks and street lights contribute to a welcoming neighborhood atmosphere. Investors will appreciate the strategic renovations made in 2012, which have significantly improved the property's condition and appeal. The combination of brick and other durable materials ensures longevity and low maintenance, while the absence of a homeowners association fee allows for greater flexibility in managing the property. On-street parking provides convenience for residents and guests alike. With its prime location and well-maintained features, this townhouse not only offers a comfortable living space but also presents a promising opportunity for rental income or future resale value. The combination of historic charm and modern updates makes this property a standout choice for savvy investors looking to capitalize on the growing demand for quality residential properties. Don't miss the chance to own a piece of history that has been lovingly updated for today's lifestyle. This townhouse is more than just a property; it's a place where memories can be made and cherished for years to come.
Key facts
- Country kitchen
- Wood floors
- Unfinished basement
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath townhouse listed at $40k.
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 ($2k rent vs $40k).
- Recommended offer: $39k (3.0% below list) — sets the bar for market timing.
- Cap rate 39.0% 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 (+6.6%/yr); 334 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); lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
- At $1,715/mo this rent would consume 54% of the median local household income ($38k/yr) (locally 2921% 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 $276 of loan paydown is wiped out by about $1k 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 + 6.6% rent growth), your $11k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 51 days — a 3% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 19y 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.
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.
Questions for the listing agent
- It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 4.30% ✓
- Cap rate
- 39.04%
- Cash-on-cash
- 116.95%
- DSCR
- 6.20
- GRM
- 1.9
CMA / ARV
- ARV (median comp)
- $49,552
- List price
- $39,900
- Delta
- -19.48%
- 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 |
|---|---|---|---|---|---|---|---|
| 1910 W Fayette St | 0.48mi | 3/1.0 | 1,020 (+2%) | 4mo | $39,000 | $38 | 71 |
| 2534 W Franklin St | 0.60mi | 3/1.0 | 928 (-7%) | 5mo | $24,000 | $26 | 56 |
| 1201 N Calhoun St | 0.56mi | 3/2.5 | 1,080 (+8%) | 5mo | $102,000 | $94 | 51 |
| 1214 N Woodyear St | 0.59mi | 3/2.0 | 1,080 (+8%) | 5mo | $68,500 | $63 | 51 |
| 1541 N Pulaski St | 0.71mi | 3/1.0 | 1,100 (+10%) | 3mo | $115,000 | $105 | 48 |
| 2511 Riggs Ave | 0.62mi | 3/1.0 | 896 (-10%) | 7mo | $116,500 | $130 | 48 |
| 2608 Lauretta Ave | 0.70mi | 3/1.0 | 1,086 (+9%) | 8mo | $80,000 | $74 | 46 |
| 2424 W Lexington St W | 0.61mi | 3/2.0 | 1,080 (+8%) | 9mo | $55,000 | $51 | 46 |
| 1552 N Fulton Ave | 0.68mi | 3/1.0 | 1,113 (+11%) | 4mo | $125,000 | $112 | 46 |
| 2507 Riggs Ave | 0.61mi | 2/1.0 (-1) | 896 (-10%) | 4mo | $45,100 | $50 | 46 |
| 2510 W Mosher St | 0.58mi | 2/1.5 (-1) | 1,083 (+8%) | 9mo | $127,200 | $117 | 45 |
| 43 Wheeler Ave N | 0.65mi | 3/1.0 | 1,144 (+14%) | 3mo | $34,000 | $30 | 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 · 6.63% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 7.21×
- Total profit
- $69,394
- Equity at exit
- $5,949
- IRR
- —
- Equity multiple
- 16.98×
- Total profit
- $178,506
- Equity at exit
- $3,450
Cash invested: $11,172 (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
ZIP-level market 21217
- Rents YoY
- 6.6%
- Active inventory
- 334
- Price-to-rent
- 1.9×
Monthly cashflow live
- Estimated rent
- $1,715 high interval (Pro) →
- Mortgage (P&I)
- −$209
- Tax from tax record
- −$40 /mo · $478/yr
- Insurance
- −$17
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$360
- Net cashflow
- $1,089
Break-even live
Sensitivity live
| Price | -10% $1,111 | -5% $1,100 | +0% $1,089 | +5% $1,078 | +10% $1,066 |
|---|---|---|---|---|---|
| Rent | -10% $953 | -5% $1,021 | +0% $1,089 | +5% $1,157 | +10% $1,224 |
| Rate | -1.0pp $1,109 | -0.5pp $1,099 | base $1,089 | +0.5pp $1,079 | +1.0pp $1,068 |
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
- $9,975
- Closing costs
- $1,197
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 813 N Fulton Ave Unit 1 Baltimore, MD | 2.0 | 1.0 | 1200 | $1,350 | $1.12 | 45d | 1 | 0.11mi |
| 1914 Mosher St Unit 1914 Baltimore, MD | 4.0 | 2.5 | 1200 | $1,700 | $1.42 | 45d | 1 | 0.21mi |
| 1625 Edmondson Ave Unit 1 Baltimore, MD | 4.0 | 3.0 | 1500 | $2,175 | $1.45 | 5d | 1 | 0.22mi |
| 1625 Edmondson Ave Unit 2 Baltimore, MD | 4.0 | 3.0 | 1500 | $1,895 | $1.26 | 13d | 1 | 0.22mi |
| 834 N Stricker St Baltimore, MD | 4.0 | 1.0 | 1200 | $1,500 | $1.25 | 21d | 1 | 0.31mi |
| 1846 W Saratoga St Unit 1 Baltimore, MD | 2.0 | 1.0 | 1250 | $1,300 | $1.04 | 45d | 1 | 0.34mi |
| 2012 W Saratoga St Baltimore, MD | 3.0 | 1.0 | 1300 | $1,700 | $1.31 | 25d | 1 | 0.36mi |
| 2303 Calverton Heights Ave Baltimore, MD | 4.0 | 2.0 | 1314 | $2,250 | $1.71 | 25d | 1 | 0.38mi |
| 918 N Bentalou St Baltimore, MD | 3.0 | 1.5 | 1485 | $1,750 | $1.18 | 45d | 1 | 0.39mi |
| 1315 Harlem Ave Unit C Baltimore, MD | 2.0 | 1.0 | 900 | $1,425 | $1.58 | 45d | 1 | 0.40mi |
| 1315 Harlem Ave Unit B Baltimore, MD | 2.0 | 1.0 | 900 | $1,425 | $1.58 | 25d | 1 | 0.40mi |
| 1339 W Lafayette Ave #1 Baltimore, MD | 2.0 | 2.0 | 700 | $1,600 | $2.29 | 13d | 1 | 0.40mi |
| 2301 Riggs Ave Baltimore, MD | 3.0 | 2.0 | 1072 | $1,600 | $1.49 | 25d | 1 | 0.45mi |
| 1519 Penrose Ave Baltimore, MD | 3.0 | 2.0 | 1200 | $1,875 | $1.56 | 45d | 1 | 0.49mi |
| 1839 W Fayette St Baltimore, MD | 3.0 | 1.5 | 1426 | $1,675 | $1.17 | 25d | 1 | 0.53mi |
| 1433 N Fulton Ave Baltimore, MD | 2.0 | 1.0 | 1200 | $1,500 | $1.25 | 45d | 1 | 0.55mi |
| 1501 N Payson St Baltimore, MD | 3.0 | 1.0 | 1400 | $1,550 | $1.11 | 45d | 1 | 0.59mi |
| 1912 W Baltimore St Unit 2 Baltimore, MD | 2.0 | 1.5 | 1200 | $2,100 | $1.75 | 25d | 1 | 0.60mi |
| 1918 W Baltimore St Baltimore, MD | 2.0–3.0 | 1.0–2.0 | 857 | $1,434 | $1.67 | 45d | 1 | 0.60mi |
| 910 N Arlington Ave Unit 2 Baltimore, MD | 4.0 | 2.0 | 1220 | $1,850 | $1.52 | 25d | 1 | 0.62mi |
| 1049 Brantley Ave Unit 2 Baltimore, MD | 3.0 | 1.0 | 1200 | $1,350 | $1.12 | 25d | 1 | 0.62mi |
| 1601 Frederick Ave Unit 3 Baltimore, MD | 2.0 | 1.0 | 1050 | $1,050 | $1.00 | 5d | 1 | 0.66mi |
| 62 N Gorman Ave Baltimore, MD | 3.0 | 2.0 | 1100 | $2,500 | $2.27 | 19d | 1 | 0.66mi |
| 1635 Frederick Ave Baltimore, MD | 3.0 | 2.0 | 1224 | $1,850 | $1.51 | 45d | 1 | 0.66mi |
| 1346 N Carey St Baltimore, MD | 2.0 | 1.5 | 1100 | $1,500 | $1.36 | 45d | 1 | 0.67mi |
| 2232 W Baltimore St Baltimore, MD | 3.0 | 1.0 | 1250 | $1,875 | $1.50 | 25d | 1 | 0.68mi |
| 2225 W Baltimore St Baltimore, MD | 3.0 | 2.5 | 1200 | $1,600 | $1.33 | 25d | 1 | 0.69mi |
| 1534 N Stricker St Baltimore, MD | 2.0 | 1.5 | 900 | $1,475 | $1.64 | 16d | 1 | 0.70mi |
| 2609 Lauretta Ave Baltimore, MD | 3.0 | 1.0 | 1286 | $1,675 | $1.30 | 25d | 1 | 0.72mi |
| 1614 N Calhoun St Baltimore, MD | 2.0 | 1.0 | 950 | $1,300 | $1.37 | 45d | 1 | 0.74mi |
| 2636 Lauretta Ave Baltimore, MD | 3.0 | 2.5 | 1232 | $1,900 | $1.54 | 45d | 1 | 0.75mi |
| 1562 N Woodyear St Baltimore, MD | 2.0 | 1.5 | 788 | $1,325 | $1.68 | 25d | 1 | 0.75mi |
| 10 S Carey St Baltimore, MD | 2.0 | 1.0 | 1140 | $1,550 | $1.36 | 25d | 1 | 0.76mi |
| 1722 N Monroe St Baltimore, MD | 3.0 | 1.5 | 1000 | $1,350 | $1.35 | 25d | 1 | 0.79mi |
| 1729 N Fulton Ave Baltimore, MD | 3.0 | 2.0 | 1081 | $1,795 | $1.66 | 45d | 1 | 0.80mi |
| 1315 Hollins St Unit 2 Baltimore, MD | 3.0 | 2.0 | 1096 | $1,950 | $1.78 | 13d | 1 | 0.80mi |
| 1315 Hollins St Unit 2 Baltimore, MD | 3.0 | 2.0 | 1096 | $1,860 | $1.70 | 5d | 1 | 0.80mi |
| 1617 Moreland Ave Baltimore, MD | 2.0 | 1.0 | 900 | $1,450 | $1.61 | 25d | 1 | 0.82mi |
| 1324 W Lombard St Unit 2 Baltimore, MD | 2.0 | 1.5 | 1100 | $1,450 | $1.32 | 45d | 1 | 0.83mi |
| 1324 W Lombard St Unit 1 Baltimore, MD | 2.0 | 2.0 | 1100 | $1,500 | $1.36 | 25d | 1 | 0.83mi |
Listing history 33 events
-
2026-06-08status $39,900 Pending 51 DOM
-
2026-06-07days on market $39,900 Active 51 DOM
-
2026-06-04days on market $39,900 Active 48 DOM
-
2026-06-03days on market $39,900 Active 47 DOM
-
2026-06-02days on market $39,900 Active 46 DOM
-
2026-06-01days on market $39,900 Active 45 DOM
-
2026-05-31days on market $39,900 Active 44 DOM
-
2026-04-18$39,900 Active 2348-char remark
Show marketing remark (2348 chars)
This charming Colonial-style townhouse, originally built in 1900 and thoughtfully renovated in 2012, offers a perfect blend of historic character and modern convenience. With three spacious bedrooms and a full bathroom, this residence is designed to provide comfort and functionality, making it an excellent investment opportunity for those looking to enter the real estate market or expand their portfolio. Step inside to discover a warm and inviting interior featuring a delightful country kitchen, ideal for culinary enthusiasts. The kitchen is equipped with essential appliances, including a refrigerator and stove, ensuring that meal preparation is both easy and enjoyable. The wood floors throughout the home add a touch of elegance and warmth, while the double-pane windows not only enhance energy efficiency but also fill the space with natural light. The layout of this home is designed for both relaxation and entertaining. The unfinished basement presents a blank canvas for potential buyers to customize according to their vision-whether that means creating additional living space, a home office, or a recreational area. The outdoor space features a cozy patio, perfect for enjoying morning coffee or evening gatherings, while the surrounding sidewalks and street lights contribute to a welcoming neighborhood atmosphere. Investors will appreciate the strategic renovations made in 2012, which have significantly improved the property's condition and appeal. The combination of brick and other durable materials ensures longevity and low maintenance, while the absence of a homeowners association fee allows for greater flexibility in managing the property. On-street parking provides convenience for residents and guests alike. With its prime location and well-maintained features, this townhouse not only offers a comfortable living space but also presents a promising opportunity for rental income or future resale value. The combination of historic charm and modern updates makes this property a standout choice for savvy investors looking to capitalize on the growing demand for quality residential properties. Don't miss the chance to own a piece of history that has been lovingly updated for today's lifestyle. This townhouse is more than just a property; it's a place where memories can be made and cherished for years to come.
-
2024-01-22soldstatus $160,000
-
2018-06-10soldstatus $464,000
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2018-06-01soldstatus $464,000
-
2011-03-03price $8,800 289-char remark
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2011-02-22soldstatus $52,800
-
2011-02-14soldstatus $8,800 Sold 289-char remark
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2011-02-14soldstatus $8,800
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2011-01-26status Contract 289-char remark
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2011-01-26historical
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2011-01-11historical Expired 289-char remark
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2010-10-06$15,000 Active 289-char remark
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2010-10-06$8,800
Show marketing remark (289 chars)
PUBLIC ONSITE AUCTION- Wednesday, November 3, 2010 @ 11:30am. Absolute Auction to the Highest Bidder Over $15,000. Pre-Bid Offers Accepted. Agents Register Your Clients. $2,500 Deposit, 10% Buyer's Premium, 2.5% Broker Co-Op. 2 Story Townhome in Harlem Park. Property is Rented $850/Month.
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2009-10-03historical
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2009-10-03historical
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2009-08-01price
-
2009-05-13
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2009-05-12$44,950
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2007-10-08historical
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2007-09-27
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2007-08-31historical
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2007-05-26
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2005-01-25soldstatus $655,520
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2004-08-16soldstatus $60,000
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2004-05-25soldstatus $40,000
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1999-01-11soldstatus $43,500
ⓘ 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
- $478 · $40/mo
- Projected year-2 tax
- $478 · $40/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,575
- − Mortgage interest
- −$2,235
- − Property taxes
- −$478
- − Insurance
- −$200
- − Repairs & maintenance
- −$1,646
- − Management
- −$1,646
- − Depreciation
- −$1,161
- Taxable income
- $13,210
- Est. tax owed @ 24.0%
- −$3,170
- After-tax cash flow
- $9,896/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
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)
- 30,792
- Household income
- $38,409
- Rent vs Own
- Severe rent burden
- 2921.0
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 (81%)
- Race & ethnicity
- Black 81% White 12% Two or more races 4% Hispanic / Latino 2% Asian 2%
- Common ancestry
- Romanian 1% Hispanic 1% Italian 1%
- Foreign-born
- 5% · Canada, China, South Korea
- Languages at home
- 94% English-only · Spanish 2% French/Haitian/Cajun 1% 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
- ▼ -187.20%
- Current HPI
- 104.2102
- Rent YoY
- ▲ 6.63%
- 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 |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
-8.3% since first listed26 events — show timeline
- 2026-04-18 Listed $39,900 BRIGHT MLS
- 2024-01-22 Sold (Public Records) $160,000 Public Records
- 2018-06-10 Sold (Public Records) $464,000 Public Records
- 2018-06-01 Sold (Public Records) $464,000 Public Records
- 2011-03-03 Price Changed $8,800 MRIS
- 2011-02-22 Sold (Public Records) $52,800 Public Records
- 2011-02-14 Sold (MLS) $8,800 BRIGHT MLS
- 2011-02-14 Sold (MLS) $8,800 MRIS
- 2011-01-26 Pending — MRIS
- 2011-01-26 Listing Removed — BRIGHT MLS
- 2011-01-11 Delisted — MRIS
- 2010-10-06 Listed $15,000 MRIS
- 2010-10-06 Listed $8,800 BRIGHT MLS
- 2009-10-03 Delisted — MRIS
- 2009-10-03 Listing Removed — BRIGHT MLS
- 2009-08-01 Price Changed — MRIS
- 2009-05-13 Listed — MRIS
- 2009-05-12 Listed $44,950 BRIGHT MLS
- 2007-10-08 Delisted — MRIS
- 2007-09-27 Listed — MRIS
- 2007-08-31 Delisted — MRIS
- 2007-05-26 Listed — MRIS
- 2005-01-25 Sold (Public Records) $655,520 Public Records
- 2004-08-16 Sold (Public Records) $60,000 Public Records
- 2004-05-25 Sold (Public Records) $40,000 Public Records
- 1999-01-11 Sold (Public Records) $43,500 Public Records
Property tax history
+3.1%/yrLatest (2025): $478 · +3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…