3700 Gelston Dr · Baltimore, MD
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.73%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 24.0%
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
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.7/10.0
- Rent growth +3.8/5.0
- Livability +3.8/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$143,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Semi-Detached Home in Baltimore’s Edmondson Neighborhood Welcome to 3700 Gelston Drive, a bright semi-detached house offering brand new laminate floors and a generously sized kitchen, along with classic Baltimore charm and solid space throughout. Built in 1932, this home features approximately 1,350 square feet of living space with three bedrooms and one bath, making it an excellent option for first-time buyers, investors, or anyone looking to personalize a home with great bones. The interior offers a functional layout with comfortable room sizes and updated flooring that adds a fresh, clean feel. The spacious kitchen provides plenty of room for cooking, storage, and everyday living. The home sits on a manageable lot in an established neighborhood with convenient access to shopping, major commuter routes, and city amenities. Whether you’re looking for a move-in ready home with recent updates or a smart investment opportunity, this property offers strong potential and long-term value in a well-connected Baltimore location.
Key facts
- Manageable lot
- Spacious kitchen
- Updated flooring
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath townhouse listed at $144k.
Deal economics
- At list price, monthly cash flow is $592 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $144k).
- Recommended offer: $127k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.2% 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 rising fast (+5.4%/yr); 252 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); 48% 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 39% of the median local income ($60k/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 $995 of loan paydown is wiped out by about $4k 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 + 5.4% rent growth), your $40k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 162 days — a 12% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 12y ago; this cycle's ask has dropped $21k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $28k; list at $144k implies a 414% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major flood risk; moderate wind risk, 24% 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 162 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1932 — 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
- 1.37% ✓
- Cap rate
- 11.23%
- Cash-on-cash
- 17.64%
- DSCR
- 1.78
- GRM
- 6.1
CMA / ARV
- ARV (median comp)
- $221,664
- List price
- $143,900
- Delta
- -35.08%
- 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 |
|---|---|---|---|---|---|---|---|
| 733 Lyndhurst St | 0.12mi | 3/1.5 | 1,550 (-2%) | 2mo | $85,000 | $55 | 88 |
| 3716 Edmondson Ave | 0.12mi | 4/1.0 (+1) | 1,512 (-4%) | 2mo | $130,000 | $86 | 81 |
| 3707 Colborne Rd | 0.13mi | 3/2.0 | 1,400 (-11%) | 1mo | $220,000 | $157 | 71 |
| 1215 N Augusta Ave | 0.45mi | 3/1.5 | 1,536 (-2%) | 2mo | $138,000 | $90 | 71 |
| 1226 N Augusta Ave | 0.48mi | 3/2.0 | 1,536 (-2%) | 0mo | $212,000 | $138 | 69 |
| 743 Linnard St | 0.21mi | 4/2.0 (+1) | 1,693 (+8%) | 1mo | $199,000 | $118 | 68 |
| 509 Normandy Ave | 0.25mi | 4/2.5 (+1) | 1,458 (-7%) | 1mo | $212,000 | $145 | 64 |
| 517 N Edgewood St | 0.27mi | 4/2.5 (+1) | 1,430 (-9%) | 2mo | $90,000 | $63 | 60 |
| 120 Allendale St | 0.41mi | 3/2.0 | 1,728 (+10%) | 2mo | $225,000 | $130 | 59 |
| 1244 N Augusta Ave | 0.51mi | 3/1.5 | 1,408 (-11%) | 3mo | $195,000 | $138 | 55 |
| 3118 Normount Ave | 0.68mi | 3/2.0 | 1,725 (+10%) | 1mo | $174,990 | $101 | 48 |
| 1231 Kevin Rd | 0.72mi | 3/2.0 | 1,728 (+10%) | 2mo | $225,000 | $130 | 45 |
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 · 5.38% rent growth · sell at horizon
- IRR
- 11.7%
- Equity multiple
- 1.48×
- Total profit
- $19,251
- Equity at exit
- $21,456
- IRR
- 22.5%
- Equity multiple
- 3.14×
- Total profit
- $86,236
- Equity at exit
- $12,442
Cash invested: $40,292 (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 21229
- Rents YoY
- 5.4%
- Active inventory
- 252
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $1,974 high interval (Pro) →
- Mortgage (P&I)
- −$755
- Tax from tax record
- −$153 /mo · $1,837/yr
- Insurance
- −$60
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$415
- Net cashflow
- $592
Break-even live
Sensitivity live
| Price | -10% $674 | -5% $633 | +0% $592 | +5% $551 | +10% $511 |
|---|---|---|---|---|---|
| Rent | -10% $436 | -5% $514 | +0% $592 | +5% $670 | +10% $748 |
| Rate | -1.0pp $665 | -0.5pp $629 | base $592 | +0.5pp $555 | +1.0pp $517 |
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
- $35,975
- Closing costs
- $4,317
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3712 Gelston Dr Baltimore, MD | 3.0 | 2.0 | 1250 | $2,500 | $2.00 | 24d | 1 | 0.02mi |
| 3700 Woodridge Rd Baltimore, MD | 3.0 | 1.5 | 1955 | $1,950 | $1.00 | 44d | 1 | 0.10mi |
| 623 N Grantley St Baltimore, MD | 4.0 | 2.0 | 1250 | $2,000 | $1.60 | 24d | 1 | 0.12mi |
| 730 Linnard St Unit 1 Baltimore, MD | 4.0 | 1.0 | 1360 | $1,750 | $1.29 | 24d | 1 | 0.16mi |
| 3619 Edmondson Ave Baltimore, MD | 4.0 | 3.5 | 1962 | $2,800 | $1.43 | 44d | 1 | 0.17mi |
| 787 N Grantley St Baltimore, MD | 3.0 | 1.0 | 1116 | $1,575 | $1.41 | 24d | 1 | 0.22mi |
| 4020 Gelston Dr Baltimore, MD | 3.0 | 2.0 | 1270 | $1,875 | $1.48 | 44d | 1 | 0.22mi |
| 3507 Edmondson Ave Baltimore, MD | 4.0 | 2.0 | 1428 | $2,300 | $1.61 | 44d | 1 | 0.23mi |
| 798 N Grantley St Baltimore, MD | 3.0 | 2.0 | 1360 | $2,295 | $1.69 | 24d | 1 | 0.23mi |
| 780 Linnard St Baltimore, MD | 3.0 | 2.0 | 1224 | $1,590 | $1.30 | 44d | 1 | 0.24mi |
| 3423 Edmondson Ave Baltimore, MD | 2.0 | 1.5 | 1400 | $1,710 | $1.22 | 44d | 1 | 0.27mi |
| 409 Normandy Ave Baltimore, MD | 4.0 | 1.0 | 1640 | $1,500 | $0.91 | 24d | 1 | 0.30mi |
| 405 N Edgewood St Baltimore, MD | 4.0 | 2.0 | 1408 | $2,950 | $2.10 | 5d | 1 | 0.34mi |
| 3706 W Saratoga St Unit 1 Baltimore, MD | 2.0 | 1.0 | 1540 | $1,350 | $0.88 | 44d | 1 | 0.35mi |
| 3935 Stokes Dr #1 Baltimore, MD | 2.0 | 1.0 | 1150 | $1,400 | $1.22 | 44d | 1 | 0.41mi |
| 202 N Edgewood St Baltimore, MD | 3.0 | 2.0 | 1710 | $2,250 | $1.32 | 24d | 1 | 0.41mi |
| 3607 W Lexington St Baltimore, MD | 3.0 | 2.0 | 1050 | $1,895 | $1.80 | 5d | 1 | 0.41mi |
| 4113 Mountwood Rd Baltimore, MD | 3.0 | 1.0 | 1520 | $1,795 | $1.18 | 44d | 1 | 0.44mi |
| 917 Kevin Rd Baltimore, MD | 3.0 | 2.0 | 1151 | $1,795 | $1.56 | 2d | 1 | 0.51mi |
| 3238 Westmont Ave Baltimore, MD | 3.0 | 1.0 | 1280 | $1,600 | $1.25 | 44d | 1 | 0.55mi |
| 41 N Kossuth St Baltimore, MD | 3.0 | 2.0 | 1216 | $1,800 | $1.48 | 24d | 1 | 0.61mi |
| 3015 Rayner Ave Baltimore, MD | 3.0 | 1.0 | 1152 | $1,350 | $1.17 | 44d | 1 | 0.63mi |
| 3309 Brighton St Baltimore, MD | 3.0 | 1.0 | 1134 | $1,700 | $1.50 | 44d | 1 | 0.70mi |
| 2922 Edmondson Ave Baltimore, MD | 3.0 | 2.0 | 1620 | $1,900 | $1.17 | 44d | 1 | 0.72mi |
| 3336 W Caton Ave Baltimore, MD | 3.0 | 2.0 | 1236 | $1,625 | $1.31 | 24d | 1 | 0.74mi |
| 1513 N Ellamont St Baltimore, MD | 3.0 | 1.0 | 1700 | $1,700 | $1.00 | 24d | 1 | 0.76mi |
| 111 Upmanor Rd Baltimore, MD | 3.0 | 1.5 | 1224 | $2,163 | $1.77 | 44d | 1 | 0.81mi |
| 117 Collins Ave Baltimore, MD | 3.0 | 3.0 | 1617 | $2,350 | $1.45 | 44d | 1 | 0.82mi |
| 1530 N Rosedale St Baltimore, MD | 3.0 | 2.0 | 1641 | $1,895 | $1.15 | 15d | 1 | 0.83mi |
| 1633 N Hilton St Baltimore, MD | 4.0 | 2.5 | 1920 | $2,600 | $1.35 | 18d | 1 | 0.83mi |
| 3003 Presstman St Unit 1 Baltimore, MD | 2.0 | 2.0 | 1450 | $1,400 | $0.97 | 45d | 1 | 0.84mi |
| 3003 Presstman St Unit 2 Baltimore, MD | 2.0 | 1.0 | 1450 | $1,300 | $0.90 | 24d | 1 | 0.84mi |
| 3709 Nortonia Rd #2 Baltimore, MD | 2.0 | 1.0 | 1289 | $1,450 | $1.12 | 18d | 1 | 0.84mi |
| 2806 Riggs Ave Baltimore, MD | 3.0 | 2.5 | 1412 | $1,900 | $1.35 | 4d | 1 | 0.87mi |
| 4018 Massachusetts Ave Baltimore, MD | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 24d | 1 | 0.88mi |
| 1402 Poplar Grove St Baltimore, MD | 4.0 | 1.5 | 1540 | $800 | $0.52 | 44d | 1 | 0.89mi |
| 2744 W Mosher St Baltimore, MD | 4.0 | 2.0 | 1412 | $2,100 | $1.49 | 24d | 1 | 0.89mi |
| 212 S Loudon Ave Baltimore, MD | 3.0 | 1.5 | 1310 | $1,550 | $1.18 | 44d | 1 | 0.90mi |
| 2728 Winchester St Baltimore, MD | 3.0 | 1.5 | 1260 | $1,800 | $1.43 | 4d | 1 | 0.96mi |
| 2636 Lauretta Ave Baltimore, MD | 3.0 | 2.5 | 1232 | $1,900 | $1.54 | 44d | 1 | 1.01mi |
Listing history 24 events
-
2026-06-18days on market $143,900 Active 162 DOM
-
2026-06-17days on market $143,900 Active 161 DOM
-
2026-06-16days on market $143,900 Active 160 DOM
-
2026-06-15days on market $143,900 Active 159 DOM
-
2026-06-13days on market $143,900 Active 157 DOM
-
2026-06-09days on market $143,900 Active 153 DOM
-
2026-06-08days on market $143,900 Active 152 DOM
-
2026-06-07days on market $143,900 Active 151 DOM
-
2026-06-04days on market $143,900 Active 148 DOM
-
2026-06-03days on market $143,900 Active 147 DOM
-
2026-06-02days on market $143,900 Active 146 DOM
-
2026-06-01days on market $143,900 Active 145 DOM
-
2026-05-31days on market $143,900 Active 144 DOM
-
2026-04-27price $143,900 1049-char remark
Show marketing remark (1049 chars)
Semi-Detached Home in Baltimore’s Edmondson Neighborhood Welcome to 3700 Gelston Drive, a bright semi-detached house offering brand new laminate floors and a generously sized kitchen, along with classic Baltimore charm and solid space throughout. Built in 1932, this home features approximately 1,350 square feet of living space with three bedrooms and one bath, making it an excellent option for first-time buyers, investors, or anyone looking to personalize a home with great bones. The interior offers a functional layout with comfortable room sizes and updated flooring that adds a fresh, clean feel. The spacious kitchen provides plenty of room for cooking, storage, and everyday living. The home sits on a manageable lot in an established neighborhood with convenient access to shopping, major commuter routes, and city amenities. Whether you’re looking for a move-in ready home with recent updates or a smart investment opportunity, this property offers strong potential and long-term value in a well-connected Baltimore location.
-
2026-03-23price $149,900 1049-char remark
Show marketing remark (1049 chars)
Semi-Detached Home in Baltimore’s Edmondson Neighborhood Welcome to 3700 Gelston Drive, a bright semi-detached house offering brand new laminate floors and a generously sized kitchen, along with classic Baltimore charm and solid space throughout. Built in 1932, this home features approximately 1,350 square feet of living space with three bedrooms and one bath, making it an excellent option for first-time buyers, investors, or anyone looking to personalize a home with great bones. The interior offers a functional layout with comfortable room sizes and updated flooring that adds a fresh, clean feel. The spacious kitchen provides plenty of room for cooking, storage, and everyday living. The home sits on a manageable lot in an established neighborhood with convenient access to shopping, major commuter routes, and city amenities. Whether you’re looking for a move-in ready home with recent updates or a smart investment opportunity, this property offers strong potential and long-term value in a well-connected Baltimore location.
-
2026-02-16price $159,900 1049-char remark
Show marketing remark (1049 chars)
Semi-Detached Home in Baltimore’s Edmondson Neighborhood Welcome to 3700 Gelston Drive, a bright semi-detached house offering brand new laminate floors and a generously sized kitchen, along with classic Baltimore charm and solid space throughout. Built in 1932, this home features approximately 1,350 square feet of living space with three bedrooms and one bath, making it an excellent option for first-time buyers, investors, or anyone looking to personalize a home with great bones. The interior offers a functional layout with comfortable room sizes and updated flooring that adds a fresh, clean feel. The spacious kitchen provides plenty of room for cooking, storage, and everyday living. The home sits on a manageable lot in an established neighborhood with convenient access to shopping, major commuter routes, and city amenities. Whether you’re looking for a move-in ready home with recent updates or a smart investment opportunity, this property offers strong potential and long-term value in a well-connected Baltimore location.
-
2026-01-07$165,000 Active 1049-char remark
Show marketing remark (1049 chars)
Semi-Detached Home in Baltimore’s Edmondson Neighborhood Welcome to 3700 Gelston Drive, a bright semi-detached house offering brand new laminate floors and a generously sized kitchen, along with classic Baltimore charm and solid space throughout. Built in 1932, this home features approximately 1,350 square feet of living space with three bedrooms and one bath, making it an excellent option for first-time buyers, investors, or anyone looking to personalize a home with great bones. The interior offers a functional layout with comfortable room sizes and updated flooring that adds a fresh, clean feel. The spacious kitchen provides plenty of room for cooking, storage, and everyday living. The home sits on a manageable lot in an established neighborhood with convenient access to shopping, major commuter routes, and city amenities. Whether you’re looking for a move-in ready home with recent updates or a smart investment opportunity, this property offers strong potential and long-term value in a well-connected Baltimore location.
-
2014-06-29historical 143-char remark
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
-
2014-06-17soldstatus $28,000 Sold 143-char remark
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
-
2014-06-17soldstatus $28,000
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
-
2014-05-08status Contract 143-char remark
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
-
2014-05-07historical
-
2014-03-06$28,000 Active 143-char remark
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
-
2014-03-06$28,000
Show marketing remark (143 chars)
Large end unit 3 bedroom townhome. Schedule your showing today. Property is being sold ~as is~ and is subject to HUD Guidelines 24 CFR 206.125.
ⓘ 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
- $1,837 · $153/mo
- Projected year-2 tax
- $1,837 · $153/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) · 73% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
- Wind 5/10 Major 24% 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
- $23,693
- − Mortgage interest
- −$8,061
- − Property taxes
- −$1,837
- − Insurance
- −$720
- − Repairs & maintenance
- −$1,895
- − Management
- −$1,895
- − Depreciation
- −$4,186
- Taxable income
- $5,099
- Est. tax owed @ 24.0%
- −$1,224
- After-tax cash flow
- $5,882/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)
- 46,679
- Household income
- $60,047
- Rent vs Own
- Severe rent burden
- 2776.0
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 (73%)
- Race & ethnicity
- Black 73% White 15% Hispanic / Latino 6% Two or more races 4% Asian 3%
- Hispanic origin (detail)
- Common ancestry
- Lithuanian 1% Romanian 1% Serbian 1%
- Foreign-born
- 5% · Canada, Philippines
- Languages at home
- 91% English-only · Spanish 4% Other Indo-European 2% 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
- ▼ -259.07%
- Current HPI
- 226.896
- Rent YoY
- ▲ 5.38%
- 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
+413.9% since first listed11 events — show timeline
- 2026-04-27 Price Changed $143,900 BRIGHT MLS
- 2026-03-23 Price Changed $149,900 BRIGHT MLS
- 2026-02-16 Price Changed $159,900 BRIGHT MLS
- 2026-01-07 Listed $165,000 BRIGHT MLS
- 2014-06-29 Delisted — MRIS
- 2014-06-17 Sold (MLS) $28,000 BRIGHT MLS
- 2014-06-17 Sold (MLS) $28,000 MRIS
- 2014-05-08 Pending — MRIS
- 2014-05-07 Listing Removed — BRIGHT MLS
- 2014-03-06 Listed $28,000 MRIS
- 2014-03-06 Listed $28,000 BRIGHT MLS
Property tax history
-0.6%/yrLatest (2025): $1,837 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…