1620 Marshall St · Baltimore, MD 21230

$250,000

2 bd · 1.5 ba · 1,128 sqft · Townhouse public records · 52 Days on market

Built 1875 871 sqft lot $222/sqft · 11% below area Est $281k · 11% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.9/30.0
• ARV discount +12.5/15.0
• 1% rule +4.3/10.0
• DSCR +4.2/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

Key facts

• Built 1875
• Listed 51 days

Property features AI

Finance

• HOA & community: Ground rent $26.81 paid semi-annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas hot water
• Home design: End of Row/Townhouse
• Construction: Brick construction; Other foundation
• Exterior features: End of row townhouse; Above grade and below grade structures

Interior

• Kitchen: Stainless steel appliances; Built-in microwave; Refrigerator; Stove; Dishwasher
• Bedrooms: 2 bedrooms on upper level
• Flooring: Carpet
• Bathrooms: 1 full bathroom (upper level); 1 half bathroom (main level)
• Heating & cooling: Forced air heating; Natural gas heating; Central air conditioning; Electric cooling
• Interior features: Recessed lighting; Ceiling fans; Dining area; Carpet

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $250k.

Deal economics

• At list price, monthly cash flow is $28 ($339/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 $232k (7.3% below list).
• Recommended offer: $232k (7.3% 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: 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.
• Zoned schools: Elmer A. Henderson: A Johns Hopkins Partnership (math 2% / reading 16%, grade F, #650 of 860 statewide, top 77%, 642 students, 80% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-1.0%/yr); 363 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); solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 30% of the median local income ($92k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 52 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 27y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1875 — 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 $231,848 (7.3% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Built in 1875 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
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: 0.93% ✗
• Cap rate: 6.43%
• Cash-on-cash: 0.48%
• DSCR: 1.02
• GRM: 9.0

CMA / ARV

• ARV (median comp): $281,096
• List price: $250,000
• Delta: -11.06%
• 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
3 East Ostend St	0.26mi	2/1.5	1,148 (+2%)	2mo	$275,000	$240	84
1405 Covington St	0.39mi	2/1.0	1,124 (-0%)	1mo	$315,000	$280	79
443 E Gittings St	0.37mi	2/1.0	1,100 (-2%)	2mo	$245,000	$223	75
139 E Randall St	0.13mi	2/1.0	1,005 (-11%)	2mo	$265,000	$264	72
1720 Byrd St	0.11mi	2/1.5	960 (-15%)	2mo	$275,000	$286	69
1513 Byrd St	0.14mi	3/2.5 (+1)	1,022 (-9%)	2mo	$330,000	$323	67
30 E Wheeling St	0.53mi	2/2.5	1,104 (-2%)	2mo	$200,000	$181	66
1526 S Hanover St	0.17mi	2/1.5	960 (-15%)	2mo	$185,000	$193	66
1416 Jackson St	0.42mi	2/2.0	1,208 (+7%)	2mo	$191,000	$158	65
29 E Henrietta St	0.55mi	2/1.0	1,067 (-5%)	1mo	$250,000	$234	63
122 Burnett St	0.32mi	2/2.5	984 (-13%)	1mo	$310,000	$315	59
213 Grindall St	0.47mi	3/2.0 (+1)	1,043 (-8%)	2mo	$270,000	$259	57

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: -19.1%
• Equity multiple: 0.35×
• Total profit: $-45,425
• Equity at exit: $37,276

10-year hold

• IRR: -19.9%
• Equity multiple: 0.10×
• Total profit: $-63,167
• Equity at exit: $21,615

Cash invested: $70,000 (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: 363
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,318 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$388 /mo · $4,658/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $28

Break-even live

Break-even rent $2,283

Max offer price $250,000

Occupancy floor 94%

Sensitivity live

Price	-10% $170	-5% $99	+0% $28	+5% $-43	+10% $-113
Rent	-10% $-155	-5% $-63	+0% $28	+5% $120	+10% $211
Rate	-1.0pp $154	-0.5pp $92	base $28	+0.5pp $-37	+1.0pp $-102

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1631 S Charles St Baltimore, MD	2.0	3.0	1460	$2,607	$1.79	6d	1	0.05mi
49 E Heath St Baltimore, MD	2.0	1.5	858	$1,800	$2.10	13d	1	0.05mi
8 E Randall St Baltimore, MD	2.0	2.5	1148	$2,600	$2.26	6d	1	0.06mi
1710 Marshall St Baltimore, MD	2.0	1.0	1110	$2,500	$2.25	45d	1	0.07mi
1600 Light St Unit C Baltimore, MD	3.0	2.0	1500	$1,800	$1.20	12d	1	0.08mi
1702 Light St Unit 302 Baltimore, MD	2.0	2.0	735	$2,300	$3.13	19d	1	0.08mi
1601 S Hanover St Apt 1R Baltimore, MD	2.0	1.0	900	$1,600	$1.78	4d	1	0.11mi
1503 S Charles St Unit 2 Baltimore, MD	2.0	2.0	1100	$2,375	$2.16	45d	1	0.11mi
1608 S Hanover St Baltimore, MD	3.0	3.5	1346	$3,000	$2.23	19d	1	0.13mi
1815 S Charles St Baltimore, MD	2.0	2.0	1208	$2,100	$1.74	45d	1	0.13mi
1718 S Hanover St Baltimore, MD	2.0	2.5	1296	$2,700	$2.08	25d	1	0.14mi
1746 S Hanover St Baltimore, MD	3.0	2.0	1490	$2,600	$1.74	0d	1	0.16mi
1839 S Charles St Baltimore, MD	3.0	2.5	1238	$2,600	$2.10	45d	1	0.16mi
1807 Westphal Pl Baltimore, MD	2.0	2.5	1378	$2,500	$1.81	6d	1	0.17mi
1800 S Hanover St Baltimore, MD	1.0–3.0	1.0–2.0	1052	$2,795	$2.66	0d	22	0.19mi
110 Birckhead St Baltimore, MD	2.0	2.5	1220	$2,750	$2.25	45d	1	0.19mi
1516 Clarkson St Baltimore, MD	2.0	1.5	1050	$1,795	$1.71	25d	1	0.19mi
111 W Heath St Baltimore, MD	2.0	1.0–2.5	1263	$2,850	$2.26	5d	7	0.19mi
1412 Light St Unit 2 Baltimore, MD	1.0	1.0	800	$1,700	$2.12	4d	1	0.20mi
1900 S Hanover St Baltimore, MD	3.0	1.0–2.0	875	$3,120	$3.57	0d	76	0.22mi
1303 Patapsco St Baltimore, MD	2.0	2.5	1200	$3,000	$2.50	5d	1	0.24mi
1942 Light St Baltimore, MD	2.0	2.5	1150	$2,200	$1.91	23d	1	0.24mi
1403 Race St Baltimore, MD	3.0	3.0	1008	$2,200	$2.18	45d	1	0.25mi
118 E Gittings St Baltimore, MD	3.0	2.5	1148	$2,600	$2.26	25d	1	0.25mi
103 E Wells St Baltimore, MD	1.0–2.0	1.0	1008	$2,415	$2.39	4d	11	0.26mi
1312 S Hanover St Apt 3 Baltimore, MD	2.0	1.0	750	$2,200	$2.93	45d	1	0.27mi
1290 Battery Ave Baltimore, MD	2.0	2.5	968	$2,900	$3.00	25d	1	0.30mi
126 Burnett St Baltimore, MD	2.0	2.5	984	$2,200	$2.24	25d	1	0.30mi
1201 S Charles St Baltimore, MD	2.0–3.0	2.0	1341	$2,100	$1.57	0d	4	0.32mi
1211 Light St Baltimore, MD	2.0	2.0	921	$2,172	$2.36	25d	1	0.32mi
1444 Henry St Baltimore, MD	2.0	2.5	1248	$2,950	$2.36	16d	1	0.33mi
1265 Riverside Ave Unit 1st Floor Baltimore, MD	1.0	1.0	700	$1,350	$1.93	25d	1	0.35mi
1125 Light St Baltimore, MD	1.0	1.0	800	$1,300	$1.62	25d	1	0.37mi
1409 Covington St Baltimore, MD	2.0	2.0	1458	$2,300	$1.58	5d	1	0.41mi
1103 Light St Unit B Baltimore, MD	2.0	2.0	1295	$1,845	$1.42	45d	1	0.41mi
1103 Light St Unit B Baltimore, MD	2.0	2.0	1295	$1,845	$1.42	25d	1	0.41mi
101 W Cross St Baltimore, MD	2.0	1.0–2.0	937	$3,332	$3.55	0d	25	0.41mi
1111 Light St Baltimore, MD	2.0	1.0–2.0	982	$2,449	$2.49	0d	12	0.43mi
1021 S Hanover St Baltimore, MD	2.0	2.5	1300	$2,800	$2.15	25d	1	0.45mi
1026 Patapsco St Baltimore, MD	2.0	2.0	1008	$2,100	$2.08	25d	1	0.45mi

Listing history 50 events

1. 2026-06-21
   days on market $250,000 Active 52 DOM
2. 2026-06-18
   days on market $250,000 Active 49 DOM
3. 2026-06-17
   days on market $250,000 Active 48 DOM
4. 2026-06-16
   days on market $250,000 Active 47 DOM
5. 2026-06-15
   days on market $250,000 Active 46 DOM
6. 2026-06-13
   days on market $250,000 Active 44 DOM
7. 2026-06-09
   days on market $250,000 Active 40 DOM
8. 2026-06-08
   days on market $250,000 Active 39 DOM
9. 2026-06-07
   days on market $250,000 Active 38 DOM
10. 2026-06-04
    days on market $250,000 Active 35 DOM
11. 2026-06-03
    days on market $250,000 Active 34 DOM
12. 2026-06-02
    days on market $250,000 Active 33 DOM
13. 2026-06-01
    days on market $250,000 Active 32 DOM
14. 2026-05-31
    days on market $250,000 Active 31 DOM
15. 2026-05-01
    listed $275,000 Active 872-char remark
16. 2026-04-27
    historical $275,000 872-char remark
17. 2022-04-05
    soldstatus $225,000
18. 2021-12-30
    soldstatus $225,000 Closed 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

19. 2021-11-17
    status Pending 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

20. 2021-11-09
    price $225,000 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

21. 2021-11-01
    status Active 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

22. 2021-10-29
    historical 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

23. 2021-09-26
    listed $235,000 Active 675-char remark

    Show marketing remark (675 chars)

    An absolute gem! This perfect End of Group Federal Hill rowhouse has exactly the right amount of space for efficient "Marie Kondo" living! With numerous windows, natural light enhances every single room of this house. Use the front Office/Parlor for you Work/Study-at-Home center, living/dining areas in the central rooms, a Main Level Powder Room and delightfully bright white Kitchen w/ ceramic plank tile floor, stainless appliances and chic glass tile backsplash. 2 BRs upstairs and spacious Full Bath. New roof in 2020! Storage is not a problem in the full and dry Lower Level that also houses the Laundry area. EASY PARKING in this end of group parking pad!

24. 2013-07-16
    soldstatus $210,000
25. 2013-06-28
    soldstatus $210,000 Sold

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

26. 2013-06-28
    soldstatus $210,000

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

27. 2013-05-02
    status Contract

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

28. 2013-05-02
    historical

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

29. 2013-04-09
    listed $215,000 Active

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

30. 2013-04-09
    listed $215,000

    Show marketing remark (319 chars)

    Beautiful EOG home w/ PARKING in Federal Hill! Lovely light-filled living room w/ gallery wall which opens to bonus living space/den w/ hardwod floors! Separate dining room, bistro style kitchen w/ updated appliances and back entrance to parking pad. Master BA w/ stone vanity, large closet, exposed brick & more!

31. 2012-08-03
    historical Withdrawn
32. 2012-08-03
    historical
33. 2012-06-15
    listed Active
34. 2012-06-15
    historical
35. 2012-06-15
    listed $215,000
36. 2012-06-15
    historical
37. 2012-04-19
    listed Active
38. 2012-04-19
    listed $225,000
39. 2011-12-01
    historical Withdrawn
40. 2011-12-01
    historical
41. 2011-09-12
    price
42. 2011-06-20
    listed Active
43. 2011-06-20
    listed $229,900
44. 2006-03-29
    soldstatus $213,500
45. 2006-02-15
    soldstatus $213,500
46. 2006-01-18
    historical
47. 2005-09-15
    listed $209,500
48. 2005-09-13
    historical
49. 2005-09-03
    listed
50. 1999-12-17
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $4,658 · $388/mo
• Projected year-2 tax: $4,658 · $388/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 ≥102°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: $27,822
• − Mortgage interest: −$14,004
• − Property taxes: −$4,658
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,226
• − Management: −$2,226
• − Depreciation: −$7,273
• Taxable loss: −$3,814
• Est. tax savings @ 24.0%: +$915
• After-tax cash flow: $1,254/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

+526.6% since first listed

41 events — show timeline

• 2026-05-30 Price Changed $250,000 BRIGHT MLS
• 2026-05-01 Listed $275,000 BRIGHT MLS
• 2026-04-27 Coming Soon $275,000 BRIGHT MLS
• 2022-04-05 Sold (Public Records) $225,000 Public Records
• 2021-12-30 Sold (MLS) $225,000 BRIGHT MLS
• 2021-11-17 Pending — BRIGHT MLS
• 2021-11-09 Price Changed $225,000 BRIGHT MLS
• 2021-11-01 Relisted — BRIGHT MLS
• 2021-10-29 Listing Removed — BRIGHT MLS
• 2021-09-26 Listed $235,000 BRIGHT MLS
• 2013-07-16 Sold (Public Records) $210,000 Public Records
• 2013-06-28 Sold (MLS) $210,000 BRIGHT MLS
• 2013-06-28 Sold (MLS) $210,000 MRIS
• 2013-05-02 Pending — MRIS
• 2013-05-02 Listing Removed — BRIGHT MLS
• 2013-04-09 Listed $215,000 MRIS
• 2013-04-09 Listed $215,000 BRIGHT MLS
• 2012-08-03 Delisted — MRIS
• 2012-08-03 Listing Removed — BRIGHT MLS
• 2012-06-15 Listed — MRIS
• 2012-06-15 Delisted — MRIS
• 2012-06-15 Listing Removed — BRIGHT MLS
• 2012-06-15 Listed $215,000 BRIGHT MLS
• 2012-04-19 Listed — MRIS
• 2012-04-19 Listed $225,000 BRIGHT MLS
• 2011-12-01 Delisted — MRIS
• 2011-12-01 Listing Removed — BRIGHT MLS
• 2011-09-12 Price Changed — MRIS
• 2011-06-20 Listed — MRIS
• 2011-06-20 Listed $229,900 BRIGHT MLS
• 2006-03-29 Sold (Public Records) $213,500 Public Records
• 2006-02-15 Sold (MLS) $213,500 MRIS
• 2006-01-18 Delisted — MRIS
• 2005-09-15 Listed $209,500 MRIS
• 2005-09-13 Delisted — MRIS
• 2005-09-03 Listed — MRIS
• 1999-12-17 Sold (MLS) $30,000 MRIS
• 1999-11-23 Delisted — MRIS
• 1999-10-26 Listed $39,900 MRIS
• 1999-10-04 Delisted — MRIS
• 1999-07-10 Listed — MRIS

Property tax history

-0.0%/yr

Latest (2025): $4,658 · +1.0% YoY. Source: county tax records.