3336 Chesterfield Ave · Baltimore, MD 21213

$74,900

2 bd · 1.0 ba · 1,540 sqft · Townhouse public records · 38 Days on market

Built 1932 1,305 sqft lot $49/sqft · 40% below area Est $146k · 49% under ↓ 35% since listing

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0

Listing remarks

This colonial townhouse, built in 1932, blends a classic elegance with modern comfort. Spanning 1,540 square feet, the interior features hardwood floors that flow throughout, enhancing the warm ambiance of the traditional floor plan. Natural light pours in through well-placed windows, illuminating the cozy living areas. The well-appointed bedrooms in the upper level provide a comfortable space to relax while the bathroom with a tub shower, offers functionality and convenience. The spacious eat-in kitchen, equipped with custom-made white cabinetry, granite countertops and appliances, invites culinary creativity and has ample table space for casual dining. Step outside to discover a quaint fr

Key facts

• Charming porch
• Private rear yard
• Eat-in kitchen

Tags

• HARDWOOD FLOORS
• EAT-IN KITCHEN
• CUSTOM-MADE WHITE CABINETRY
• GRANITE COUNTERTOPS
• PRIVATE REAR YARD
• CHARMING PORCH

Property features AI

Finance

• Other: Finished above-grade area reported by assessor; Estimated finished below-grade area; Property condition listed as average; Total below-grade area noted

Exterior

• Parking: On-street parking (public)
• Utilities: Public water; Public sewer; Electric cooling fuel; Natural gas for heating and hot water
• Home design: Interior townhouse/rowhouse; Fee simple ownership; Estimated year built
• Construction: Brick construction; Concrete perimeter foundation
• Exterior features: Front and rear yard; Rear fencing; Balcony; Porches

Interior

• Kitchen: Eat-in kitchen with table space
• Bedrooms: Two bedrooms on the upper level
• Flooring: Hardwood floors; Tile/brick floors
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Radiator heating; Ceiling fan cooling; Natural gas heating and hot water
• Interior features: Traditional floor plan; Eat-in kitchen with table space; Ceiling fans; Tub/shower; Drywall, paneled and plaster walls
• Laundry & utility: Laundry located in basement/lower floor

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $75k.

Deal economics

• At list price, monthly cash flow is $774 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.7% 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 (+5.2%/yr); 319 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 42% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $93 of equity ($518 loan paydown + $-425 appreciation (-0.6% local appreciation)).
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 5.2% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 30y 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: property tax is 3.6% of price; built in 1932 — 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 $72,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 2.41% ✓
• Cap rate: 18.70%
• Cash-on-cash: 44.31%
• DSCR: 2.97
• GRM: 3.5

CMA / ARV

• ARV (median comp): $146,128
• List price: $74,900
• Delta: -48.74%
• 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
3406 Ramona Ave	0.15mi	3/2.0 (+1)	1,408 (-9%)	0mo	$85,000	$60	69
3620 Erdman Ave	0.39mi	3/2.0 (+1)	1,600 (+4%)	2mo	$120,000	$75	64
3571 Dudley Ave	0.23mi	3/2.0 (+1)	1,400 (-9%)	1mo	$175,000	$125	64
4215 Seidel Ave	0.53mi	3/2.0 (+1)	1,528 (-1%)	2mo	$186,500	$122	64
3564 Elmora Ave	0.48mi	3/1.5 (+1)	1,478 (-4%)	1mo	$133,500	$90	63
4718 Parkside Dr	0.48mi	2/2.0	1,440 (-6%)	0mo	$214,990	$149	62
2835 Brendan Ave	0.40mi	3/1.0 (+1)	1,725 (+12%)	2mo	$76,500	$44	55
3114 Mareco Ave	0.44mi	3/2.0 (+1)	1,410 (-8%)	2mo	$125,000	$89	55
3914 Eierman Ave	0.59mi	3/2.0 (+1)	1,628 (+6%)	0mo	$128,000	$79	54
3533 Elmley Ave	0.46mi	3/1.5 (+1)	1,344 (-13%)	1mo	$70,000	$52	49
3733 Ravenwood Ave	0.47mi	3/2.0 (+1)	1,350 (-12%)	1mo	$135,000	$100	48
2902 Clifton Park Ter	0.55mi	3/1.5 (+1)	1,344 (-13%)	1mo	$66,000	$49	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.57% appreciation · 5.25% rent growth · sell at horizon

5-year hold

• IRR: 47.3%
• Equity multiple: 3.36×
• Total profit: $49,434
• Equity at exit: $19,646

10-year hold

• IRR: 51.8%
• Equity multiple: 7.32×
• Total profit: $132,575
• Equity at exit: $21,996

Cash invested: $20,972 (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 21213

• Home prices YoY: -0.1%
• Rents YoY: 5.2%
• Active inventory: 319
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,803 high
• Mortgage (P&I): −$393
• Tax from tax record: −$226 /mo · $2,709/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $774

Break-even live

Break-even rent $822

Max offer price $74,900

Occupancy floor 52%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3305 Dudley Ave Baltimore, MD	3.0	2.0	1413	$1,950	$1.38	43d	1	0.09mi
3544 Chesterfield Ave Baltimore, MD	3.0	1.5	1200	$1,635	$1.36	43d	1	0.19mi
3028 Kenyon Ave Baltimore, MD	2.0	2.0	1075	$1,395	$1.30	43d	1	0.21mi
3027 Shannon Dr Baltimore, MD	3.0	2.0	1950	$2,500	$1.28	43d	1	0.22mi
3519 Kentucky Ave Baltimore, MD	3.0	2.0	1536	$2,100	$1.37	11d	1	0.23mi
3572 Juneway Unit 1 Baltimore, MD	2.0	1.0	1800	$1,200	$0.67	43d	1	0.24mi
3525 Kentucky Ave Baltimore, MD	3.0	1.5	1536	$1,950	$1.27	43d	1	0.24mi
3551 Shannon Dr Baltimore, MD	3.0	2.0	1485	$2,358	$1.59	24d	1	0.26mi
2848 Pelham Ave Baltimore, MD	3.0	2.0	1164	$1,700	$1.46	43d	1	0.34mi
3610 Elmley Ave Baltimore, MD	2.0	1.5	1200	$1,550	$1.29	20d	1	0.35mi
4244 Shamrock Ave Baltimore, MD	3.0	1.5	1920	$1,850	$0.96	24d	1	0.38mi
2817 Pelham Ave Baltimore, MD	3.0	2.0	1464	$1,950	$1.33	24d	1	0.39mi
4320 Sheldon Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	24d	1	0.40mi
2828 Lake Ave Baltimore, MD	3.0	2.0	1164	$1,850	$1.59	4d	1	0.41mi
3551 Elmley Ave Baltimore, MD	3.0	1.5	1872	$2,095	$1.12	24d	1	0.43mi
3436 Cardenas Ave Baltimore, MD	2.0	1.0	1146	$1,395	$1.22	43d	1	0.46mi
2735 Chesterfield Ave Baltimore, MD	3.0	2.5	1536	$2,000	$1.30	11d	1	0.48mi
3515 Parklawn Ave Baltimore, MD	3.0	2.0	1240	$1,700	$1.37	2d	1	0.48mi
3611 Ravenwood Ave #2 Baltimore, MD	1.0	1.0	1566	$975	$0.62	43d	1	0.49mi
4400 Asbury Ave Baltimore, MD	3.0	2.0	1270	$1,995	$1.57	4d	1	0.50mi
3914 Erdman Ave #1 Baltimore, MD	3.0	1.0	1200	$1,319	$1.10	18d	1	0.52mi
3512 Elmora Ave Baltimore, MD	3.0	1.5	1472	$1,900	$1.29	20d	1	0.52mi
3005 Belair Rd Baltimore, MD	3.0	2.0	2000	$1,600	$0.80	18d	1	0.54mi
4024 Eierman Ave Baltimore, MD	3.0	2.0	1136	$1,825	$1.61	43d	1	0.56mi
4104 Erdman Ave Unit 2 Baltimore, MD	2.0	1.0	1566	$1,075	$0.69	4d	1	0.57mi
4116 Raymonn Ave Baltimore, MD	3.0	1.5	1244	$1,950	$1.57	43d	1	0.57mi
3335 Lyndale Ave Baltimore, MD	2.0	2.0	1344	$1,600	$1.19	24d	1	0.67mi
3326 Elmora Ave Baltimore, MD	3.0	1.0	1200	$1,450	$1.21	24d	1	0.69mi
3222 Lyndale Ave Unit 1 Baltimore, MD	3.0	1.5	1500	$2,200	$1.47	12d	1	0.73mi
3213 Elmley Ave Baltimore, MD	2.0	1.0	1188	$1,395	$1.17	43d	1	0.74mi
4300 Orchard Ridge Blvd Baltimore, MD	1.0–3.0	1.0–2.0	1021	$1,420	$1.39	43d	1	0.74mi
2113 Belair Rd Baltimore, MD	3.0	1.0	1344	$1,795	$1.34	43d	1	0.83mi
4517 Woodlea Ave Baltimore, MD	2.0	2.0	1326	$1,900	$1.43	2d	1	0.92mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1440	$1,700	$1.18	24d	1	1.01mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1152	$1,700	$1.48	22d	1	1.01mi
4104 Parkwood Ave Baltimore, MD	3.0	1.0	1224	$2,800	$2.29	24d	1	1.13mi
1403 N Linwood Ave Baltimore, MD	3.0	2.0	1660	$1,995	$1.20	43d	1	1.16mi
1829 N Port St Baltimore, MD	3.0	1.5	2000	$1,625	$0.81	43d	1	1.17mi
4023 Belwood Ave Baltimore, MD	3.0	1.0	1080	$1,995	$1.85	43d	1	1.21mi
1215 N Ellwood Ave Baltimore, MD	3.0	1.0	1128	$1,795	$1.59	24d	1	1.22mi

Listing history 23 events

1. 2026-06-18
   days on market $74,900 Active 38 DOM
2. 2026-06-17
   days on market $74,900 Active 37 DOM
3. 2026-06-16
   days on market $74,900 Active 36 DOM
4. 2026-06-15
   days on market $74,900 Active 35 DOM
5. 2026-06-13
   days on market $74,900 Active 33 DOM
6. 2026-06-09
   days on market $74,900 Active 29 DOM
7. 2026-06-08
   days on market $74,900 Active 28 DOM
8. 2026-06-07
   days on market $74,900 Active 27 DOM
9. 2026-06-04
   days on market $74,900 Active 24 DOM
10. 2026-06-03
    days on market $74,900 Active 23 DOM
11. 2026-06-02
    days on market $74,900 Active 22 DOM
12. 2026-06-01
    days on market $74,900 Active 21 DOM
13. 2026-05-31
    days on market $74,900 Active 20 DOM
14. 2026-05-01
    listed $74,900 Active 1136-char remark
15. 2026-02-04
    historical
16. 2026-01-22
    price $104,900
17. 2025-12-15
    listed $119,900 Active
18. 2023-05-11
    soldstatus $200,000
19. 2023-03-30
    soldstatus $115,000
20. 1998-10-30
    historical
21. 1998-03-30
    listed
22. 1997-01-20
    historical
23. 1996-11-17
    listed

ⓘ 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: $2,709 · $226/mo
• Projected year-2 tax: $2,709 · $226/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: $21,632
• − Mortgage interest: −$4,196
• − Property taxes: −$2,709
• − Insurance: −$374
• − Repairs & maintenance: −$1,731
• − Management: −$1,731
• − Depreciation: −$2,179
• Taxable income: $8,713
• Est. tax owed @ 24.0%: −$2,091
• After-tax cash flow: $7,202/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): 28,058
• Household income: $51,344
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 1868.0

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 (86%)
• Race & ethnicity: Black 86% White 6% Hispanic / Latino 4% Two or more races 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -0.57%
• Current HPI: 427.4453
• Rent YoY: ▲ 5.25%
• 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

-34.9% since first listed

12 events — show timeline

• 2026-05-30 Relisted — BRIGHT MLS
• 2026-05-19 Pending — BRIGHT MLS
• 2026-05-01 Listed $74,900 BRIGHT MLS
• 2026-02-04 Listing Removed — BRIGHT MLS
• 2026-01-22 Price Changed $104,900 BRIGHT MLS
• 2025-12-15 Listed $119,900 BRIGHT MLS
• 2023-05-11 Sold (Public Records) $200,000 Public Records
• 2023-03-30 Sold (Public Records) $115,000 Public Records
• 1998-10-30 Delisted — MRIS
• 1998-03-30 Listed — MRIS
• 1997-01-20 Delisted — MRIS
• 1996-11-17 Listed — MRIS

Property tax history

+3.3%/yr

Latest (2025): $2,709 · +53.8% YoY. Source: county tax records.