2224 W Fayette St · Baltimore, MD 21223

$154,999

2 bd · 2.5 ba · 1,500 sqft · Townhouse · 227 Days on market

Built 1920 $103/sqft · 122% above area

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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 +26.2/30.0
• DSCR +8.9/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Rent growth +4.4/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

Key facts

• Built 1920
• Listed 227 days

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $155k.

Deal economics

• At list price, monthly cash flow is $397 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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 (+7.5%/yr); 422 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 44% of the median local income ($46k/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 $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 + 7.5% rent growth), your $43k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 227 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $64k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; list at $155k implies a 161% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: 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 $136,399 (12.0% below list)

Questions for the listing agent

1. It's been on market 227 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. 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: 1.08% ✓
• Cap rate: 9.37%
• Cash-on-cash: 10.98%
• DSCR: 1.49
• GRM: 7.7

CMA / ARV

• ARV (median comp): $69,873
• List price: $154,999
• Delta: 121.83%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2211 W Pratt St	0.33mi	3/1.0 (+1)	1,500 (0%)	2mo	$30,000	$20	72
2216 W Fayette St	0.01mi	3/1.5 (+1)	1,326 (-12%)	1mo	$77,000	$58	70
2416 W Franklin St	0.33mi	3/2.0 (+1)	1,435 (-4%)	2mo	$67,000	$47	68
2218 W Saratoga St	0.18mi	3/1.5 (+1)	1,650 (+10%)	5mo	$232,677	$141	62
1503 W Fairmount Ave	0.59mi	3/2.5 (+1)	1,542 (+3%)	4mo	$190,000	$123	60
2404 W Lafayette Ave	0.66mi	3/2.0 (+1)	1,476 (-2%)	2mo	$135,000	$91	58
550 S Bentalou St	0.61mi	2/1.5	1,440 (-4%)	4mo	$104,000	$72	58
2516 W Fairmount Ave	0.26mi	3/1.0 (+1)	1,304 (-13%)	2mo	$30,000	$23	53
2514 W Lafayette Ave	0.68mi	3/2.0 (+1)	1,560 (+4%)	2mo	$232,000	$149	53
811 N Mount St	0.75mi	3/2.0 (+1)	1,410 (-6%)	3mo	$85,000	$60	46
605 S Smallwood St	0.64mi	2/1.0	1,666 (+11%)	6mo	$20,000	$12	40
308 S Stricker St	0.71mi	3/1.5 (+1)	1,680 (+12%)	1mo	$62,740	$37	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 · 7.51% rent growth · sell at horizon

5-year hold

• IRR: 4.6%
• Equity multiple: 1.19×
• Total profit: $8,070
• Equity at exit: $23,111

10-year hold

• IRR: 17.6%
• Equity multiple: 2.73×
• Total profit: $75,166
• Equity at exit: $13,401

Cash invested: $43,400 (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 21223

• Rents YoY: 7.5%
• Active inventory: 422
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,676 high
• Mortgage (P&I): −$813
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $397

Break-even live

Break-even rent $1,174

Max offer price $154,999

Occupancy floor 71%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39 N Bentalou St Baltimore, MD	3.0	2.5	1844	$1,700	$0.92	3d	1	0.04mi
2232 W Baltimore St Baltimore, MD	3.0	1.0	1250	$1,875	$1.50	24d	1	0.07mi
2225 W Baltimore St Baltimore, MD	3.0	2.5	1200	$1,600	$1.33	24d	1	0.08mi
62 N Gorman Ave Baltimore, MD	3.0	2.0	1100	$2,500	$2.27	18d	1	0.10mi
1912 W Baltimore St Unit 2 Baltimore, MD	2.0	1.5	1200	$2,100	$1.75	24d	1	0.25mi
2012 W Saratoga St Baltimore, MD	3.0	1.0	1300	$1,700	$1.31	24d	1	0.26mi
1839 W Fayette St Baltimore, MD	3.0	1.5	1426	$1,675	$1.17	24d	1	0.29mi
2516 Hollins St Baltimore, MD	3.0	2.0	1100	$1,700	$1.55	44d	1	0.30mi
2537 Hollins St Baltimore, MD	3.0	2.0	1200	$1,450	$1.21	24d	1	0.34mi
110 S Catherine St Unit 1 Baltimore, MD	2.0	1.0	1330	$1,500	$1.13	44d	1	0.35mi
1846 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1250	$1,300	$1.04	44d	1	0.35mi
1814 Penrose Ave Baltimore, MD	3.0	1.0	1624	$1,700	$1.05	18d	1	0.35mi
307 S Smallwood St Baltimore, MD	2.0	2.5	1400	$1,350	$0.96	44d	1	0.35mi
1635 Frederick Ave Baltimore, MD	3.0	2.0	1224	$1,850	$1.51	44d	1	0.46mi
2540 Frederick Ave Baltimore, MD	3.0	1.0	1075	$1,400	$1.30	24d	1	0.49mi
476 S Bentalou St Baltimore, MD	2.0	1.5	1630	$1,300	$0.80	44d	1	0.51mi
1601 Frederick Ave Unit 3 Baltimore, MD	2.0	1.0	1050	$1,050	$1.00	4d	1	0.51mi
2609 Lauretta Ave Baltimore, MD	3.0	1.0	1286	$1,675	$1.30	24d	1	0.53mi
1518 1/2 W Lexington St Baltimore, MD	2.0	2.0	1650	$1,200	$0.73	4d	1	0.56mi
2636 Lauretta Ave Baltimore, MD	3.0	2.5	1232	$1,900	$1.54	44d	1	0.57mi
1519 Penrose Ave Baltimore, MD	3.0	2.0	1200	$1,875	$1.56	44d	1	0.57mi
514 S Payson St Unit 2 Baltimore, MD	3.0	2.0	1264	$1,750	$1.38	44d	1	0.60mi
1509 Edmondson Ave #1 Baltimore, MD	3.0	2.0	1600	$2,275	$1.42	24d	1	0.70mi
918 N Bentalou St Baltimore, MD	3.0	1.5	1485	$1,750	$1.18	44d	1	0.70mi
2657 Lehman St Unit 1 Baltimore, MD	2.0	1.0	1056	$1,000	$0.95	44d	1	0.70mi
813 N Fulton Ave Unit 1 Baltimore, MD	2.0	1.0	1200	$1,350	$1.12	44d	1	0.71mi
1324 W Lombard St Unit 2 Baltimore, MD	2.0	1.5	1100	$1,450	$1.32	44d	1	0.72mi
1324 W Lombard St Unit 1 Baltimore, MD	2.0	2.0	1100	$1,500	$1.36	24d	1	0.72mi
1315 Hollins St Unit 2 Baltimore, MD	3.0	2.0	1096	$1,860	$1.70	4d	1	0.73mi
1315 Hollins St Unit 2 Baltimore, MD	3.0	2.0	1096	$1,950	$1.78	13d	1	0.73mi
10 S Carey St Baltimore, MD	2.0	1.0	1140	$1,550	$1.36	24d	1	0.74mi
2671 Saint Benedict St Baltimore, MD	2.0	1.0	1144	$1,325	$1.16	44d	1	0.77mi
2301 Riggs Ave Baltimore, MD	3.0	2.0	1072	$1,600	$1.49	24d	1	0.80mi
2922 Edmondson Ave Baltimore, MD	3.0	2.0	1620	$1,900	$1.17	44d	1	0.83mi
104 S Carrollton Ave Baltimore, MD	3.0	4.0	1232	$2,400	$1.95	4d	1	0.84mi
2738 Wilkens Ave Baltimore, MD	3.0	1.0	1183	$1,500	$1.27	44d	1	0.87mi
607 N Longwood St Baltimore, MD	1.0	1.0	1750	$650	$0.37	4d	1	0.88mi
1115 W Lombard St Baltimore, MD	3.0	1.0	1468	$2,100	$1.43	44d	1	0.89mi
1111 W Lombard St Baltimore, MD	3.0	1.0	1200	$1,295	$1.08	4d	1	0.89mi
2737 Wilkens Ave Baltimore, MD	3.0	1.5	1232	$1,650	$1.34	4d	1	0.89mi

Listing history 29 events

1. 2026-06-18
   days on market $154,999 Active 227 DOM
2. 2026-06-17
   days on market $154,999 Active 226 DOM
3. 2026-06-16
   days on market $154,999 Active 225 DOM
4. 2026-06-15
   days on market $154,999 Active 224 DOM
5. 2026-06-13
   days on market $154,999 Active 222 DOM
6. 2026-06-09
   days on market $154,999 Active 218 DOM
7. 2026-06-08
   days on market $154,999 Active 217 DOM
8. 2026-06-07
   days on market $154,999 Active 216 DOM
9. 2026-06-04
   days on market $154,999 Active 213 DOM
10. 2026-06-03
    days on market $154,999 Active 212 DOM
11. 2026-06-02
    days on market $154,999 Active 211 DOM
12. 2026-06-01
    days on market $154,999 Active 210 DOM
13. 2026-05-31
    days on market $154,999 Active 209 DOM
14. 2026-03-23
    price $154,999 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

15. 2026-03-13
    price $169,999 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

16. 2026-02-27
    price $175,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

17. 2026-02-16
    price $185,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

18. 2026-01-28
    price $195,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

19. 2026-01-15
    price $199,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

20. 2025-12-05
    price $205,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

21. 2025-11-04
    status Active 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

22. 2025-10-31
    historical 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

23. 2025-10-31
    listed $219,000 Active 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

24. 2025-10-22
    historical $219,000 1350-char remark

    Show marketing remark (1350 chars)

    Welcome Home to 2224 W. Fayette Street, a 2-bedroom, 2.5 bathroom townhouse in the heart of the Lexington community. Recently renovated, the interior features an open floor plan that seamlessly connects the dining area and kitchen, ideal for entertaining. The kitchen boasts upgraded countertops, stainless steel appliances, and a convenient island, making meal prep a delight. Relax in the spacious bathrooms, which include a walk-in shower and a tub shower for ultimate relaxation. The fully finished basement provides additional living space, perfect for a home office or cozy retreat, or additional sleeping space. Enjoy the warmth of LVP floors and the comfort of carpet in the bedrooms, creating a welcoming atmosphere throughout. Take advantage of your outside space, including a deck in the rear and a porch in the front, perfect for morning coffee or friendly gatherings with the neighbors. This home is just a short distance from local parks, schools, and essential public services, making it an ideal spot for those seeking convenience and community. Experience the charm of Lexington, where friendly neighbors and a welcoming atmosphere await. This property is not just a house; it's a place to call home. Home is perfect for first time home owners or investors looking to add to their rental portfolio. Schedule your private tour today!

25. 2022-09-14
    soldstatus $59,500
26. 2022-04-28
    soldstatus $59,500 Closed 354-char remark

    Show marketing remark (354 chars)

    ONLINE AUCTION: Bidding begins 3/23 @ 10:00 AM. Bidding ends 3/25 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $7,500. 2 Story Townhouse located in the Penrose/Fayette Street Outreach area. JUST MINUTES to Bon Secours Hospital and Westside Shopping Center. Easy access to major traffic artery MD Route 40 (W Franklin St). Property is vacant.

27. 2022-03-31
    status Pending 354-char remark

    Show marketing remark (354 chars)

    ONLINE AUCTION: Bidding begins 3/23 @ 10:00 AM. Bidding ends 3/25 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $7,500. 2 Story Townhouse located in the Penrose/Fayette Street Outreach area. JUST MINUTES to Bon Secours Hospital and Westside Shopping Center. Easy access to major traffic artery MD Route 40 (W Franklin St). Property is vacant.

28. 2022-02-15
    listed $35,000 Active 354-char remark

    Show marketing remark (354 chars)

    ONLINE AUCTION: Bidding begins 3/23 @ 10:00 AM. Bidding ends 3/25 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $7,500. 2 Story Townhouse located in the Penrose/Fayette Street Outreach area. JUST MINUTES to Bon Secours Hospital and Westside Shopping Center. Easy access to major traffic artery MD Route 40 (W Franklin St). Property is vacant.

29. 1980-06-26
    soldstatus $10,500

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $1,143 · $95/mo
• Expected delta: +$547/yr (+$46/mo · 91.8%)

ⓘ 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,115
• − Mortgage interest: −$8,682
• − Property taxes: −$596
• − Insurance: −$775
• − Repairs & maintenance: −$1,609
• − Management: −$1,609
• − Depreciation: −$4,509
• Taxable income: $2,335
• Est. tax owed @ 24.0%: −$560
• After-tax cash flow: $4,206/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): 19,572
• Household income: $45,840
• Rent vs Own: 68.0% rent · 32.0% own
• Severe rent burden: 1755.0

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 (72%)
• Race & ethnicity: Black 72% White 16% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Romanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 90% English-only · Spanish 6% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -97.99%
• Current HPI: 140.5836
• Rent YoY: ▲ 7.51%
• 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

+1376.2% since first listed

16 events — show timeline

• 2026-03-23 Price Changed $154,999 BRIGHT MLS
• 2026-03-13 Price Changed $169,999 BRIGHT MLS
• 2026-02-27 Price Changed $175,000 BRIGHT MLS
• 2026-02-16 Price Changed $185,000 BRIGHT MLS
• 2026-01-28 Price Changed $195,000 BRIGHT MLS
• 2026-01-15 Price Changed $199,000 BRIGHT MLS
• 2025-12-05 Price Changed $205,000 BRIGHT MLS
• 2025-11-04 Relisted — BRIGHT MLS
• 2025-10-31 Listing Removed — BRIGHT MLS
• 2025-10-31 Listed $219,000 BRIGHT MLS
• 2025-10-22 Coming Soon $219,000 BRIGHT MLS
• 2022-09-14 Sold (Public Records) $59,500 Public Records
• 2022-04-28 Sold (MLS) $59,500 BRIGHT MLS
• 2022-03-31 Pending — BRIGHT MLS
• 2022-02-15 Listed $35,000 BRIGHT MLS
• 1980-06-26 Sold (Public Records) $10,500 Public Records

Property tax history

+2.1%/yr

Latest (2025): $596 · +28.6% YoY. Source: county tax records.