1909 Harman Ave · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 8/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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
- DSCR +10.0/10.0
- 1% rule +9.9/10.0
- ARV discount +9.8/15.0
- 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
$109,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Great opportunity for a first-time home buyer or an investor looking for a rental property. This cozy row home offers solid space and nice city views from the back bedroom. Main level features a spacious living room with wood floors, separate dining room, and an updated kitchen. Upstairs you’ll find two bedrooms with wood floors and one full bath. The basement has been improved and offers space that could be finished into a family room or additional living area. Fenced rear yard in the back. Convenient location close to Downtown and major routes. Come see it and make it yours.
Key facts
- Updated kitchen
- Convenient location
- Fenced rear yard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath townhouse listed at $110k.
Deal economics
- At list price, monthly cash flow is $537 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $110k).
- Recommended offer: $103k (6.0% below list) — sets the bar for market timing.
- Cap rate 12.2% 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 soft (-1.0%/yr); 364 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 $760 of loan paydown is wiped out by about $3k 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 + 0.0% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 82 days — a 6% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
- 16 sale attempts since 23y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $68k; list at $110k implies a 62% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 82 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.49% ✓
- Cap rate
- 12.15%
- Cash-on-cash
- 20.94%
- DSCR
- 1.93
- GRM
- 5.6
CMA / ARV
- ARV (median comp)
- $115,845
- List price
- $109,990
- Delta
- -5.05%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2014 Grinnalds Ave | 0.08mi | 2/2.0 | 1,015 (0%) | 6mo | $80,000 | $79 | 87 |
| 2149 Harman Ave | 0.22mi | 2/1.0 | 1,050 (+3%) | 2mo | $115,000 | $110 | 82 |
| 2527 Tolley St | 0.18mi | 2/1.0 | 1,050 (+3%) | 6mo | $120,000 | $114 | 81 |
| 1931 Griffis Ave | 0.09mi | 2/1.0 | 912 (-10%) | 0mo | $120,000 | $132 | 78 |
| 1935 Grinnalds Ave | 0.06mi | 3/2.0 (+1) | 1,080 (+6%) | 1mo | $119,000 | $110 | 77 |
| 1919 Grinnalds Ave | 0.05mi | 3/1.0 (+1) | 1,080 (+6%) | 7mo | $130,000 | $120 | 77 |
| 1710 Wickes Ave | 0.33mi | 3/2.0 (+1) | 1,024 (+1%) | 3mo | $150,000 | $146 | 72 |
| 2809 Washington Blvd | 0.34mi | 3/1.0 (+1) | 1,110 (+9%) | 3mo | $80,000 | $72 | 61 |
| 2036 Deering Ave | 0.33mi | 3/1.5 (+1) | 1,112 (+10%) | 3mo | $129,900 | $117 | 59 |
| 2630 Alaska St | 0.74mi | 3/1.5 (+1) | 1,008 (-1%) | 7mo | $85,000 | $84 | 52 |
| 2809 Hollins Ferry Rd | 0.75mi | 3/1.0 (+1) | 1,024 (+1%) | 9mo | $150,000 | $146 | 51 |
| 2521 S Paca St | 0.43mi | 3/1.5 (+1) | 1,152 (+14%) | 1mo | $30,000 | $26 | 50 |
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
- IRR
- 9.9%
- Equity multiple
- 1.38×
- Total profit
- $11,620
- Equity at exit
- $16,400
- IRR
- 16.4%
- Equity multiple
- 2.16×
- Total profit
- $35,725
- Equity at exit
- $9,510
Cash invested: $30,797 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 12 Strongly Tenant-Friendly
- State Maryland
- 27 Tenant-Leaning · D+14
- County
- — inherits STATE
- City Baltimore
- 12 Strongly Tenant-Friendly · D+58
ZIP-level market 21230
- Rents YoY
- -1.0%
- Active inventory
- 364
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $1,638 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$134 /mo · $1,607/yr
- Insurance
- −$46
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$344
- Net cashflow
- $537
Break-even live
Sensitivity live
| Price | -10% $600 | -5% $568 | +0% $537 | +5% $506 | +10% $475 |
|---|---|---|---|---|---|
| Rent | -10% $408 | -5% $473 | +0% $537 | +5% $602 | +10% $667 |
| Rate | -1.0pp $593 | -0.5pp $565 | base $537 | +0.5pp $509 | +1.0pp $480 |
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
- $27,498
- Closing costs
- $3,300
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2429 Washington Blvd Baltimore, MD | 1.0 | 1.0 | 940 | $600 | $0.64 | 25d | 1 | 0.04mi |
| 1931 Griffis Ave Baltimore, MD | 2.0 | 1.0 | 912 | $1,349 | $1.48 | 5d | 1 | 0.06mi |
| 2056 Griffis Ave Baltimore, MD | 3.0 | 1.5 | 1230 | $1,495 | $1.22 | 23d | 1 | 0.14mi |
| 3004 Elizabeth Ave Unit 1 Baltimore, MD | 3.0 | 1.0 | 1024 | $1,395 | $1.36 | 5d | 1 | 0.80mi |
| 3017 Janice Ave Baltimore, MD | 3.0 | 1.0 | 1024 | $1,995 | $1.95 | 25d | 1 | 0.81mi |
| 2737 Wilkens Ave Baltimore, MD | 3.0 | 1.5 | 1232 | $1,650 | $1.34 | 5d | 1 | 0.86mi |
| 2738 Wilkens Ave Baltimore, MD | 3.0 | 1.0 | 1183 | $1,500 | $1.27 | 45d | 1 | 0.89mi |
| 2671 Saint Benedict St Baltimore, MD | 2.0 | 1.0 | 1144 | $1,325 | $1.16 | 45d | 1 | 0.89mi |
| 2600 W Patapsco Ave Baltimore, MD | 1.0–2.0 | 1.0 | 856 | $1,309 | $1.53 | 3d | 24 | 0.94mi |
| 514 S Payson St Unit 2 Baltimore, MD | 3.0 | 2.0 | 1264 | $1,750 | $1.38 | 45d | 1 | 0.98mi |
| 2657 Lehman St Unit 1 Baltimore, MD | 2.0 | 1.0 | 1056 | $1,000 | $0.95 | 45d | 1 | 0.99mi |
| 2200 W Patapsco Ave Baltimore, MD | 3.0 | 1.0 | 890 | $1,569 | $1.76 | 45d | 1 | 1.08mi |
| 1432 Carroll St Baltimore, MD | 2.0 | 1.5 | 912 | $1,900 | $2.08 | 45d | 1 | 1.10mi |
| 1708 Hall Ave Unit 2 Halethorpe, MD | 2.0 | 1.0 | 845 | $1,625 | $1.92 | 12d | 1 | 1.12mi |
| 2540 Frederick Ave Baltimore, MD | 3.0 | 1.0 | 1075 | $1,400 | $1.30 | 25d | 1 | 1.15mi |
| 332 S Franklintown Rd Unit 2 Baltimore, MD | 2.0 | 1.0 | 776 | $795 | $1.02 | 25d | 1 | 1.16mi |
| 307 S Smallwood St Baltimore, MD | 2.0 | 2.5 | 1400 | $1,350 | $0.96 | 45d | 1 | 1.17mi |
| 1303 James St Baltimore, MD | 2.0 | 1.5 | 1160 | $1,350 | $1.16 | 25d | 1 | 1.24mi |
| 1127 S Carey St Baltimore, MD | 3.0 | 2.5 | 1340 | $1,900 | $1.42 | 5d | 1 | 1.27mi |
| 1101 S Carey St Baltimore, MD | 2.0 | 2.0 | 1400 | $1,200 | $0.86 | 23d | 1 | 1.28mi |
| 1259 Washington Blvd Baltimore, MD | 3.0 | 3.0 | 1232 | $2,999 | $2.43 | 5d | 1 | 1.28mi |
| 110 S Catherine St Unit 1 Baltimore, MD | 2.0 | 1.0 | 1330 | $1,500 | $1.13 | 45d | 1 | 1.29mi |
| 1262 Glyndon Ave Baltimore, MD | 2.0 | 3.0 | 1258 | $1,850 | $1.47 | 25d | 1 | 1.30mi |
| 3130 Stafford St Baltimore, MD | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 21d | 1 | 1.30mi |
| 1243 Washington Blvd Baltimore, MD | 3.0 | 2.0 | 1148 | $1,950 | $1.70 | 45d | 1 | 1.30mi |
| 1253 Sargeant St Baltimore, MD | 2.0 | 1.5 | 1200 | $1,695 | $1.41 | 25d | 1 | 1.31mi |
| 1205 Cleveland St Baltimore, MD | 2.0 | 2.0 | 1232 | $1,900 | $1.54 | 45d | 1 | 1.34mi |
| 3392 Saint Benedict St Baltimore, MD | 2.0 | 1.0 | 864 | $1,450 | $1.68 | 25d | 1 | 1.34mi |
| 1215 James St Baltimore, MD | 2.0 | 1.0 | 960 | $1,500 | $1.56 | 45d | 1 | 1.35mi |
| 305 S Calhoun St Baltimore, MD | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 23d | 1 | 1.35mi |
| 1163 Washington Blvd Baltimore, MD | 2.0 | 2.5 | 1012 | $1,700 | $1.68 | 14d | 1 | 1.38mi |
| 2537 Hollins St Baltimore, MD | 3.0 | 2.0 | 1200 | $1,450 | $1.21 | 25d | 1 | 1.39mi |
| 1160 Washington Blvd Baltimore, MD | 2.0 | 1.0 | 960 | $1,575 | $1.64 | 25d | 1 | 1.40mi |
| 2516 Hollins St Baltimore, MD | 3.0 | 2.0 | 1100 | $1,700 | $1.55 | 45d | 1 | 1.41mi |
| 1142 Sargeant St Baltimore, MD | 3.0 | 2.0 | 1080 | $1,601 | $1.48 | 3d | 1 | 1.42mi |
| 1127 Sargeant St Baltimore, MD | 2.0 | 1.5 | 1080 | $1,275 | $1.18 | 25d | 1 | 1.43mi |
| 2225 W Baltimore St Baltimore, MD | 3.0 | 2.5 | 1200 | $1,600 | $1.33 | 25d | 1 | 1.44mi |
| 1132 Nanticoke St Baltimore, MD | 2.0 | 2.5 | 1500 | $1,875 | $1.25 | 25d | 1 | 1.44mi |
| 1125 Wicomico St Baltimore, MD | 3.0 | 3.0 | 1068 | $1,955 | $1.83 | 25d | 1 | 1.45mi |
| 2232 W Baltimore St Baltimore, MD | 3.0 | 1.0 | 1250 | $1,875 | $1.50 | 25d | 1 | 1.46mi |
Listing history 50 events
-
2026-06-21days on market $109,990 Active 82 DOM
-
2026-06-18days on market $109,990 Active 79 DOM
-
2026-06-17days on market $109,990 Active 78 DOM
-
2026-06-16days on market $109,990 Active 77 DOM
-
2026-06-15days on market $109,990 Active 76 DOM
-
2026-06-13days on market $109,990 Active 74 DOM
-
2026-06-09days on market $109,990 Active 70 DOM
-
2026-06-08days on market $109,990 Active 69 DOM
-
2026-06-08price $109,990 Active 68 DOM
-
2026-06-07days on market $119,990 Active 68 DOM
-
2026-06-04days on market $119,990 Active 65 DOM
-
2026-06-03days on market $119,990 Active 64 DOM
-
2026-06-02days on market $119,990 Active 63 DOM
-
2026-06-01days on market $119,990 Active 62 DOM
-
2026-05-31days on market $119,990 Active 61 DOM
-
2026-04-13status Active 589-char remark
Show marketing remark (589 chars)
Great opportunity for a first-time home buyer or an investor looking for a rental property. This cozy row home offers solid space and nice city views from the back bedroom. Main level features a spacious living room with wood floors, separate dining room, and an updated kitchen. Upstairs you’ll find two bedrooms with wood floors and one full bath. The basement has been improved and offers space that could be finished into a family room or additional living area. Fenced rear yard in the back. Convenient location close to Downtown and major routes. Come see it and make it yours.
-
2026-03-16status Pending 589-char remark
Show marketing remark (589 chars)
Great opportunity for a first-time home buyer or an investor looking for a rental property. This cozy row home offers solid space and nice city views from the back bedroom. Main level features a spacious living room with wood floors, separate dining room, and an updated kitchen. Upstairs you’ll find two bedrooms with wood floors and one full bath. The basement has been improved and offers space that could be finished into a family room or additional living area. Fenced rear yard in the back. Convenient location close to Downtown and major routes. Come see it and make it yours.
-
2026-03-03$119,990 Active 589-char remark
Show marketing remark (589 chars)
Great opportunity for a first-time home buyer or an investor looking for a rental property. This cozy row home offers solid space and nice city views from the back bedroom. Main level features a spacious living room with wood floors, separate dining room, and an updated kitchen. Upstairs you’ll find two bedrooms with wood floors and one full bath. The basement has been improved and offers space that could be finished into a family room or additional living area. Fenced rear yard in the back. Convenient location close to Downtown and major routes. Come see it and make it yours.
-
2019-11-21soldstatus $68,000
-
2018-05-29soldstatus $69,500
-
2018-05-17soldstatus $69,500 Sold 403-char remark
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-05-16soldstatus $69,500 Closed
-
2018-05-02status Pending
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-05-02status Contract 403-char remark
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-04-24price $72,400
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-04-24price $72,400 403-char remark
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-04-04$74,900 Active 403-char remark
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2018-04-04$74,900 Active
Show marketing remark (403 chars)
Cozy Little Row Home in Morrell Park, minutes from Downtown. Perfect opportunity for the first time home buyer or Investor looking to Rent out. Amazing views of the city from the back bedroom. Spacious living room w/ wood floors, separate dining room, updated kitchen, upper level with 2 bedrooms with wood floors & 1 FB, improved basement can be finished into family room, & fenced rear yard
-
2016-10-04soldstatus $67,500
-
2016-07-18historical Withdrawn
-
2016-07-18historical
-
2016-05-11Active
-
2016-05-11$69,900
-
2015-03-19historical
-
2015-03-19historical
-
2015-02-10historical Withdrawn
-
2015-02-07Active
-
2015-02-07Active
-
2015-02-07$89,900
-
2012-07-01historical Expired
-
2012-07-01historical
-
2012-04-19price
-
2012-04-05status Active
-
2012-04-01historical Expired
-
2011-11-12status Active
-
2011-11-03historical
-
2011-09-13Active
-
2011-09-12$104,900
-
2008-12-15historical
-
2008-06-09
ⓘ 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
- $1,607 · $134/mo
- Projected year-2 tax
- $1,607 · $134/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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,653
- − Mortgage interest
- −$6,161
- − Property taxes
- −$1,607
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,572
- − Management
- −$1,572
- − Depreciation
- −$3,200
- Taxable income
- $4,991
- Est. tax owed @ 24.0%
- −$1,198
- After-tax cash flow
- $5,250/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Baltimore City Public Schools
- NCES district ID
- 2400090
- Math proficiency
- 7% ▼ -9.00%
- Reading proficiency
- 16% ▼ -5.00%
- Median HH income
- $42,108
- Composite
- 10.08/100
- National rank
- #9805
- State rank
- #24 of 24 in MD
Livability — Baltimore
- Score
- 76/100
- State rank
- #90
- US rank
- #3396
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Baltimore, MD
- County
- Baltimore City · 558,601 people
- City population
- 588,727
- Metro
- Baltimore-Columbia-Towson, MD
- Population (ZIP)
- 32,977
- Household income
- $91,842
- Rent vs 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 |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
+130.8% since first listed43 events — show timeline
- 2026-04-13 Relisted — BRIGHT MLS
- 2026-03-16 Pending — BRIGHT MLS
- 2026-03-03 Listed $119,990 BRIGHT MLS
- 2019-11-21 Sold (Public Records) $68,000 Public Records
- 2018-05-29 Sold (Public Records) $69,500 Public Records
- 2018-05-17 Sold (MLS) $69,500 MRIS
- 2018-05-16 Sold (MLS) $69,500 BRIGHT MLS
- 2018-05-02 Pending — BRIGHT MLS
- 2018-05-02 Pending — MRIS
- 2018-04-24 Price Changed $72,400 BRIGHT MLS
- 2018-04-24 Price Changed $72,400 MRIS
- 2018-04-04 Listed $74,900 BRIGHT MLS
- 2018-04-04 Listed $74,900 MRIS
- 2016-10-04 Sold (Public Records) $67,500 Public Records
- 2016-07-18 Listing Removed — BRIGHT MLS
- 2016-07-18 Delisted — MRIS
- 2016-05-11 Listed — MRIS
- 2016-05-11 Listed $69,900 BRIGHT MLS
- 2015-03-19 Delisted — MRIS
- 2015-03-19 Listing Removed — BRIGHT MLS
- 2015-02-10 Delisted — MRIS
- 2015-02-07 Listed — MRIS
- 2015-02-07 Listed — MRIS
- 2015-02-07 Listed $89,900 BRIGHT MLS
- 2012-07-01 Delisted — MRIS
- 2012-07-01 Listing Removed — BRIGHT MLS
- 2012-04-19 Price Changed — MRIS
- 2012-04-05 Relisted — MRIS
- 2012-04-01 Delisted — MRIS
- 2011-11-12 Relisted — MRIS
- 2011-11-03 Delisted — MRIS
- 2011-09-13 Listed — MRIS
- 2011-09-12 Listed $104,900 BRIGHT MLS
- 2008-12-15 Delisted — MRIS
- 2008-06-09 Listed — MRIS
- 2005-10-11 Sold (Public Records) $79,900 Public Records
- 2005-10-11 Sold (Public Records) $55,000 Public Records
- 2005-07-28 Sold (MLS) $79,900 MRIS
- 2005-06-24 Listed $84,900 MRIS
- 2005-06-24 Delisted — MRIS
- 2003-09-15 Delisted — MRIS
- 2003-06-02 Listed — MRIS
- 1988-12-13 Sold (Public Records) $52,000 Public Records
Property tax history
-1.8%/yrLatest (2025): $1,607 · +10.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…