1210 W Cross St W · Baltimore, MD 21230

$225,000

3 bd · 1.5 ba · 1,192 sqft · Townhouse public records · 17 Days on market

Built 1900 871 sqft lot Est $206k · 9% over

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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 +16.1/30.0
• DSCR +5.0/10.0
• 1% rule +4.1/10.0
• Livability +3.8/5.0
• ARV discount +3.4/15.0
• 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

This property is part of a larger portfolio. Please contact for more details regarding associated listings. Closings will need to be coordinated with the other properties in the portfolio but may sell to individual buyers. Seller will only accept offers from serious buyers who can align with that timeline.

Key facts

• Built 1900
• Listed 17 days

Property features AI

Finance

• Other: Ownership is fee simple; Basement present; partially finished with connecting stairway; Finished and unfinished below-grade space exists

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Interior townhouse / rowhouse; Located in the PIGTOWN neighborhood
• Construction: Brick construction; Block foundation; Rubber roof
• Exterior features: Property located within city limits (Baltimore City); No tidal water on the lot; Above-grade and below-grade structures

Interior

• Kitchen: Stove; Refrigerator; Eat-in kitchen layout
• Bedrooms: Three bedrooms on the first upper level
• Bathrooms: One full bathroom (total)
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s) for cooling; Hot water heated by natural gas
• Interior features: Dining area; Eat-in kitchen; Window treatments; One fireplace (operational status not specified)
• Laundry & utility: Washer; Dryer; Washer/Dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $225k.

Deal economics

• At list price, monthly cash flow is $117 ($1k/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 $206k (8.6% below list).
• Recommended offer: $206k (8.6% 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 22y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $105k; list at $225k implies a 113% 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 flood risk; 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 $205,755 (8.6% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.23%
• DSCR: 1.10
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $206,216
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1145 W Cross St	0.03mi	2/1.5 (-1)	1,172 (-2%)	2mo	$121,900	$104	89
915 Washington Blvd	0.04mi	2/1.5 (-1)	1,142 (-4%)	2mo	$197,500	$173	84
1244 Carroll St	0.18mi	3/1.5	1,140 (-4%)	0mo	$213,900	$188	84
121 Parkin St	0.28mi	3/2.0	1,208 (+1%)	0mo	$175,000	$145	82
509 Otterbein St	0.18mi	2/2.0 (-1)	1,215 (+2%)	2mo	$232,500	$191	80
1110 W Lombard St	0.39mi	3/2.5	1,206 (+1%)	1mo	$180,000	$149	75
835 1/2 W Lombard St	0.34mi	3/1.0	1,242 (+4%)	2mo	$255,000	$205	74
916 S Carey St	0.31mi	3/1.5	1,288 (+8%)	1mo	$100,000	$78	71
538 Eislen St	0.40mi	2/1.0 (-1)	1,170 (-2%)	1mo	$345,000	$295	70
817 W Cross St	0.19mi	3/3.5	1,320 (+11%)	0mo	$260,000	$197	65
1236 Sargeant St	0.21mi	2/2.0 (-1)	1,350 (+13%)	2mo	$205,000	$152	60
1404 Lemmon St	0.53mi	3/2.0	1,100 (-8%)	1mo	$189,000	$172	60

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: -16.1%
• Equity multiple: 0.44×
• Total profit: $-35,041
• Equity at exit: $33,548

10-year hold

• IRR: -14.0%
• Equity multiple: 0.30×
• Total profit: $-44,217
• Equity at exit: $19,454

Cash invested: $63,000 (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: 9.1×

Monthly cashflow live

• Estimated rent: $2,058 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$235 /mo · $2,819/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $117

Break-even live

Break-even rent $1,910

Max offer price $225,000

Occupancy floor 89%

Sensitivity live

Price	-10% $244	-5% $181	+0% $117	+5% $53	+10% $-10
Rent	-10% $-46	-5% $36	+0% $117	+5% $198	+10% $279
Rate	-1.0pp $230	-0.5pp $174	base $117	+0.5pp $59	+1.0pp $-1

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
853 Reinhart St Baltimore, MD	2.0	2.5	780	$1,800	$2.31	44d	1	0.03mi
1132 Nanticoke St Baltimore, MD	2.0	2.5	1500	$1,875	$1.25	24d	1	0.07mi
508 Wyeth St Baltimore, MD	3.0	3.0	1234	$1,850	$1.50	44d	1	0.08mi
1125 Washington Blvd Baltimore, MD	4.0	2.5	1200	$2,750	$2.29	18d	1	0.11mi
805 Washington Blvd Unit A Baltimore, MD	2.0	2.0	1050	$1,650	$1.57	44d	1	0.12mi
805 Washington Blvd Unit B Baltimore, MD	2.0	2.0	1106	$1,650	$1.49	21d	1	0.12mi
709 Scott St Baltimore, MD	3.0	2.5	1448	$2,500	$1.73	24d	1	0.14mi
709 Scott St Baltimore, MD	3.0	3.0	1448	$2,500	$1.73	15d	1	0.14mi
1163 Washington Blvd Baltimore, MD	2.0	2.5	1012	$1,700	$1.68	13d	1	0.14mi
519 Scott St Unit 1 Baltimore, MD	2.0	2.0	800	$2,000	$2.50	44d	1	0.14mi
1160 Washington Blvd Baltimore, MD	2.0	1.0	960	$1,575	$1.64	24d	1	0.14mi
1127 Sargeant St Baltimore, MD	2.0	1.5	1080	$1,275	$1.18	24d	1	0.15mi
1205 Cleveland St Baltimore, MD	2.0	2.0	1232	$1,900	$1.54	44d	1	0.16mi
1142 Sargeant St Baltimore, MD	3.0	2.0	1080	$1,601	$1.48	2d	1	0.17mi
847 McHenry St Baltimore, MD	2.0	2.0	952	$1,795	$1.89	5d	1	0.18mi
923 McHenry St Baltimore, MD	3.0	1.0	1008	$1,625	$1.61	44d	1	0.20mi
1243 Washington Blvd Baltimore, MD	3.0	2.0	1148	$1,950	$1.70	44d	1	0.21mi
1125 Wicomico St Baltimore, MD	3.0	3.0	1068	$1,955	$1.83	24d	1	0.21mi
1215 James St Baltimore, MD	2.0	1.0	960	$1,500	$1.56	44d	1	0.22mi
1259 Washington Blvd Baltimore, MD	3.0	3.0	1232	$2,999	$2.43	5d	1	0.23mi
1253 Sargeant St Baltimore, MD	2.0	1.5	1200	$1,695	$1.41	24d	1	0.23mi
1108 Sterrett St Baltimore, MD	2.0	1.0	1400	$2,300	$1.64	24d	1	0.24mi
1127 S Carey St Baltimore, MD	3.0	2.5	1340	$1,900	$1.42	5d	1	0.26mi
812 S Paca St Baltimore, MD	3.0	2.0	990	$1,500	$1.52	13d	1	0.26mi
748 McHenry St Baltimore, MD	3.0	2.0	1288	$2,100	$1.63	5d	1	0.26mi
1101 S Carey St Baltimore, MD	2.0	2.0	1400	$1,200	$0.86	22d	1	0.28mi
1262 Glyndon Ave Baltimore, MD	2.0	3.0	1258	$1,850	$1.47	24d	1	0.30mi
1303 James St Baltimore, MD	2.0	1.5	1160	$1,350	$1.16	24d	1	0.30mi
638 S Paca St Unit 2404866494 Baltimore, MD	3.0	1.5	1100	$2,200	$2.00	44d	1	0.32mi
913 W Lombard St Baltimore, MD	3.0	1.0	1452	$1,600	$1.10	24d	1	0.34mi
662 Washington Blvd Baltimore, MD	4.0	2.5	1300	$2,700	$2.08	44d	1	0.35mi
656 Portland St Baltimore, MD	2.0	1.5	1300	$1,950	$1.50	44d	1	0.37mi
1432 Carroll St Baltimore, MD	2.0	1.5	912	$1,900	$2.08	44d	1	0.39mi
1111 W Lombard St Baltimore, MD	3.0	1.0	1200	$1,295	$1.08	5d	1	0.40mi
1115 W Lombard St Baltimore, MD	3.0	1.0	1468	$2,100	$1.43	44d	1	0.40mi
104 S Carrollton Ave Baltimore, MD	3.0	4.0	1232	$2,400	$1.95	5d	1	0.43mi
1000 Hollins St Unit 1000 Hollins Baltimore, MD	3.0	2.5	1472	$2,600	$1.77	45d	1	0.44mi
305 S Calhoun St Baltimore, MD	2.0	1.0	1000	$1,300	$1.30	22d	1	0.46mi
1324 W Lombard St Unit 1 Baltimore, MD	2.0	2.0	1100	$1,500	$1.36	24d	1	0.53mi
1324 W Lombard St Unit 2 Baltimore, MD	2.0	1.5	1100	$1,450	$1.32	44d	1	0.54mi

Listing history 12 events

1. 2026-06-18
   days on market $225,000 Active 17 DOM
2. 2026-06-17
   days on market $225,000 Active 16 DOM
3. 2026-06-16
   days on market $225,000 Active 15 DOM
4. 2026-06-15
   days on market $225,000 Active 14 DOM
5. 2026-06-13
   pricedays on market $225,000 Active 12 DOM
6. 2026-06-09
   days on market $235,000 Active 8 DOM
7. 2026-06-08
   pricedays on market $235,000 Active 7 DOM
8. 2026-06-07
   days on market $240,000 Active 6 DOM
9. 2026-06-04
   days on market $240,000 Active 3 DOM
10. 2026-06-03
    days on market $240,000 Active 2 DOM
11. 2026-06-02
    remarks 307-char remark
12. 2026-06-02
    listed $240,000 Active 1 DOM

ⓘ 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: $2,819 · $235/mo
• Projected year-2 tax: $2,819 · $235/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 6/10 Major FEMA zone X (unshaded) · 71% 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: $24,691
• − Mortgage interest: −$12,603
• − Property taxes: −$2,819
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,975
• − Management: −$1,975
• − Depreciation: −$6,545
• Taxable loss: −$2,352
• Est. tax savings @ 24.0%: +$565
• After-tax cash flow: $1,968/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

+990.9% since first listed

29 events — show timeline

• 2026-06-01 Listed $240,000 BRIGHT MLS
• 2026-06-01 Listed $240,000 BRIGHT MLS
• 2018-01-05 Sold (Public Records) $105,478 Public Records
• 2010-02-16 Delisted — MRIS
• 2010-02-16 Listing Removed — BRIGHT MLS
• 2009-12-09 Price Changed — MRIS
• 2009-12-07 Relisted — MRIS
• 2009-12-07 Listed $109,000 BRIGHT MLS
• 2009-12-07 Listed — MRIS
• 2009-12-07 Delisted — MRIS
• 2008-10-21 Sold (MLS) $55,000 MRIS
• 2008-09-24 Delisted — MRIS
• 2008-07-17 Price Changed $99,999 MRIS
• 2008-06-20 Price Changed $109,999 MRIS
• 2008-06-17 Price Changed $119,999 MRIS
• 2008-05-14 Listed $129,999 MRIS
• 2008-03-14 Delisted — MRIS
• 2008-02-29 Price Changed — MRIS
• 2008-02-08 Price Changed — MRIS
• 2008-01-24 Price Changed — MRIS
• 2007-12-18 Price Changed — MRIS
• 2007-11-28 Listed — MRIS
• 2005-07-11 Sold (Public Records) $148,000 Public Records
• 2004-07-02 Sold (Public Records) $55,000 Public Records
• 2004-06-10 Sold (MLS) $55,000 MRIS
• 2004-04-26 Delisted — MRIS
• 2004-04-22 Listed $59,900 MRIS
• 1995-04-25 Sold (Public Records) $45,000 Public Records
• 1988-04-12 Sold (Public Records) $22,000 Public Records

Property tax history

-1.1%/yr

Latest (2025): $2,819 · +8.3% YoY. Source: county tax records.