1163 Linden Ave · Arbutus, MD 21227

$269,900

3 bd · 1.0 ba · 1,480 sqft · Townhouse public records · 6 Days on market

Built 1958 2,034 sqft lot $182/sqft · at area comps Est $283k · at est.

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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 +12.7/30.0
• ARV discount +9.6/15.0
• Livability +3.9/5.0
• DSCR +3.8/10.0
• 1% rule +3.1/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stately townhome in sought-after quiet neighborhood in Arbutus-Maiden Choice Village. Don't miss this opportunity to buy a great home at a great price. Located close to UMBC, main street Arbutus, commuter routes, grocery stores and shops. SELLER IS MOTIVATED. BRING YOUR BEST OFFER!

Key facts

• 2 parking spots
• Built 1958
• Listed 6 days

Property features AI

Exterior

• Parking: Two total garage/parking spaces; Two off-street spaces; On-street parking available
• Utilities: Public water; Public sewer; Electric cooling fuel; Natural gas for heating and hot water
• Home design: Interior townhouse / rowhouse; Fee simple ownership
• Construction: Brick construction; Block foundation; Above-grade and below-grade structures
• Exterior features: Rear fencing; Brick outdoor living surfaces (patio/porch)

Interior

• Kitchen: Stove; Microwave; Refrigerator; Upgraded countertops; Pantry; Eat-in / table space
• Bedrooms: Three bedrooms on the upper level
• Flooring: Hardwood; Ceramic tile; Wood floors
• Bathrooms: One full bathroom (upper level); One half bathroom (lower level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Dining area; Recessed lighting; Built-ins; Tub with shower; Ceiling fans; Combination kitchen/dining; Traditional floor plan; Eat-in kitchen with table space; Wood floors; Upgraded countertops; Pantry; Partially finished daylight basement with connecting stairway and outside entrance; Basement has heated space, walkout level and space for additional rooms
• Laundry & utility: Washer; Dryer; Utility room; Water heater; Extra refrigerator/freezer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $270k.

Deal economics

• At list price, monthly cash flow is $-32 ($-378/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (2.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (18.6% below list).
• Recommended offer: $220k (18.6% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.2% in Arbutus — 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 78/100 on livability (#70 in MD, #2,508 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: amenities D+, crime D-.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Relay Elementary (math 15% / reading 21%, grade F, #400 of 860 statewide, top 47%, 609 students, 57% FRL); Arbutus Middle (math 11% / reading 40%, grade F, #97 of 225 statewide, top 46%, 970 students, 56% FRL); Lansdowne High (math 3% / reading 25%, grade F, #190 of 222 statewide, top 86%, 1,410 students, 60% FRL) — zoned schools average 58% FRL vs 39% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.2%/yr); 99 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 31% of the median local income ($86k/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 at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $219,648 (18.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1958 — 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 D 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: 0.81% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.50%
• DSCR: 0.98
• GRM: 10.2

CMA / ARV

• ARV (median comp): $283,435
• List price: $269,900
• Delta: -4.78%
• 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
1011 Linden Ave	0.12mi	3/1.5	1,480 (0%)	4mo	$275,100	$186	89
1134 Circle Dr	0.14mi	3/2.0	1,452 (-2%)	2mo	$297,000	$205	85
5114 Shelbourne	0.13mi	3/1.5	1,584 (+7%)	2mo	$286,000	$181	79
933 Circle Dr	0.33mi	3/2.0	1,408 (-5%)	1mo	$295,000	$210	71
957 Circle Dr	0.29mi	3/2.0	1,408 (-5%)	5mo	$311,000	$221	70
4824 Carmella Dr	0.37mi	3/1.5	1,408 (-5%)	4mo	$324,495	$230	70
934 Regina Dr	0.33mi	3/1.5	1,552 (+5%)	6mo	$215,000	$139	70
1029 Regina Dr	0.18mi	4/2.5 (+1)	1,408 (-5%)	5mo	$310,000	$220	68
951 Elm Ridge Ave	0.62mi	4/2.0 (+1)	1,500 (+1%)	3mo	$295,000	$197	58
5523 Council St	0.67mi	3/2.0	1,536 (+4%)	5mo	$290,000	$189	54
4 Holland Hill Ct	0.58mi	3/3.0	1,640 (+11%)	5mo	$377,500	$230	43
35 Heather Hill Rd	0.72mi	4/3.5 (+1)	1,640 (+11%)	3mo	$406,000	$248	31

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 · 1.17% rent growth · sell at horizon

5-year hold

• IRR: -19.1%
• Equity multiple: 0.34×
• Total profit: $-49,743
• Equity at exit: $40,243

10-year hold

• IRR: -15.7%
• Equity multiple: 0.18×
• Total profit: $-61,724
• Equity at exit: $23,336

Cash invested: $75,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21227

• Rents YoY: 1.2%
• Active inventory: 99
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,196 high
• Mortgage (P&I): −$1,415
• Tax from tax record: −$239 /mo · $2,867/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $-32

Break-even live

Break-even rent $2,236

Max offer price $264,329

Occupancy floor 96%

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1130 Linden Ave Halethorpe, MD	3.0	1.5	1424	$2,200	$1.54	17d	1	0.04mi
5143 Westland Blvd Halethorpe, MD	3.0	2.0	1480	$2,350	$1.59	17d	1	0.10mi
1117 Circle Dr Halethorpe, MD	3.0	1.5	1408	$2,350	$1.67	4d	1	0.13mi
5015 Wilkens Ave Catonsville, MD	4.0	2.0	1728	$2,600	$1.50	2d	1	0.47mi
1270 Linden Ave Unit 2 Halethorpe, MD	2.0	1.0	1200	$1,300	$1.08	43d	1	0.48mi
4700 Gateway Ter Arbutus, MD	1.0–3.0	1.0	728	$1,652	$2.27	43d	1	0.52mi
4630 Warren Tree Way Baltimore, MD	3.0	1.5	1736	$2,500	$1.44	4d	1	0.55mi
21 Holland Hill Ct Catonsville, MD	4.0	1.5	1320	$2,200	$1.67	43d	1	0.59mi
3 Brucester Bridge Ct Catonsville, MD	4.0	2.5	1440	$2,700	$1.88	23d	1	0.60mi
4610 College Ave Baltimore, MD	4.0	2.0	1440	$2,200	$1.53	17d	1	0.60mi
1 Summit Hill Ct Unit T-2 Baltimore, MD	2.0	2.0	1009	$1,900	$1.88	43d	1	0.66mi
5605 Shelbourne Rd Unit B Halethorpe, MD	2.0	1.0	1620	$1,800	$1.11	43d	1	0.66mi
24 Laurence Brooke Rd Catonsville, MD	4.0	3.0	1440	$2,800	$1.94	12d	1	0.79mi
238 Oglethorpe Rd Catonsville, MD	2.0	1.0	968	$1,650	$1.70	4d	1	0.91mi
24 Colony Hill Ct Baltimore, MD	1.0–3.0	1.0–1.5	867	$1,906	$2.20	4d	9	0.92mi
103 Waelchli Ave Halethorpe, MD	3.0	1.5	1612	$1,600	$0.99	4d	1	1.00mi
1014 Stormont Cir Halethorpe, MD	3.0	3.0	1776	$2,200	$1.24	4d	1	1.12mi
670 Queensgate Rd Baltimore, MD	3.0	2.0	1600	$2,100	$1.31	4d	1	1.25mi
613 S Beechfield Ave Baltimore, MD	3.0	1.5	1080	$1,950	$1.81	43d	1	1.28mi
3704 Coolidge Ave Baltimore, MD	2.0	1.0	1262	$2,000	$1.58	20d	1	1.29mi
1 Lanhill Ct #1 Halethorpe, MD	3.0	2.5	1236	$2,475	$2.00	4d	1	1.30mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	23d	1	1.31mi
586 Lucia Ave Baltimore, MD	3.0	1.5	1178	$2,100	$1.78	17d	1	1.35mi
201 S Symington Ave Catonsville, MD	1.0–2.0	1.0	788	$1,519	$1.93	1d	13	1.35mi
565 Brisbane Rd Baltimore, MD	2.0	2.0	1146	$1,675	$1.46	23d	1	1.38mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	43d	1	1.39mi
6300 Mount Ridge Rd Unit A Catonsville, MD	2.0	1.0	1100	$1,750	$1.59	43d	1	1.41mi
738 Yale Ave Baltimore, MD	2.0	1.0	1346	$1,900	$1.41	23d	1	1.41mi
5630 Ringwood Dr Unit F Halethorpe, MD	2.0	2.0	1059	$2,000	$1.89	21d	1	1.48mi
5630 Ringwood Dr #714 Halethorpe, MD	2.0	2.0	1059	$2,000	$1.89	23d	1	1.48mi
500 Lucia Ave Baltimore, MD	3.0	2.0	1472	$2,100	$1.43	16d	1	1.48mi

Listing history 11 events

1. 2026-05-14
   listed $269,900 Active 1777-char remark
2. 2026-05-07
   historical $269,900 1777-char remark
3. 2008-08-13
   soldstatus $217,000
4. 2008-07-30
   soldstatus $217,000 Sold 282-char remark

   Show marketing remark (282 chars)

   Stately townhome in sought-after quiet neighborhood in Arbutus-Maiden Choice Village. Don't miss this opportunity to buy a great home at a great price. Located close to UMBC, main street Arbutus, commuter routes, grocery stores and shops. SELLER IS MOTIVATED. BRING YOUR BEST OFFER!

5. 2008-06-09
   historical 282-char remark

   Show marketing remark (282 chars)

   Stately townhome in sought-after quiet neighborhood in Arbutus-Maiden Choice Village. Don't miss this opportunity to buy a great home at a great price. Located close to UMBC, main street Arbutus, commuter routes, grocery stores and shops. SELLER IS MOTIVATED. BRING YOUR BEST OFFER!

6. 2008-05-31
   listed $224,900 282-char remark

   Show marketing remark (282 chars)

   Stately townhome in sought-after quiet neighborhood in Arbutus-Maiden Choice Village. Don't miss this opportunity to buy a great home at a great price. Located close to UMBC, main street Arbutus, commuter routes, grocery stores and shops. SELLER IS MOTIVATED. BRING YOUR BEST OFFER!

7. 2002-10-25
   soldstatus $112,000
8. 1996-06-25
   soldstatus $88,000
9. 1996-06-07
   soldstatus $88,000
10. 1996-05-04
    historical
11. 1996-01-10
    listed $96,000

ⓘ 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: $2,867 · $239/mo
• Projected year-2 tax: $2,904 · $242/mo
• Expected delta: +$37/yr (+$3/mo · 1.3%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,358
• − Mortgage interest: −$15,119
• − Property taxes: −$2,867
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,109
• − Management: −$2,109
• − Depreciation: −$7,852
• Taxable loss: −$5,046
• Est. tax savings @ 24.0%: +$1,211
• After-tax cash flow: $833/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 County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Arbutus

• Score: 78/100
• State rank: #70
• US rank: #2508

Category grades

Amenities D+ Commute A+ Cost of living B- Crime D- Employment A+ Housing A+ Health & safety A User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Arbutus, MD
• County: Baltimore County · 769,527 people
• City population: 35,695
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 34,907
• Household income: $85,986
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 930.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 61% Black 16% Hispanic / Latino 12% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Romanian 2% Italian 2% Slovak 2%
• Foreign-born: 13% · Canada, Philippines, China
• Languages at home: 83% English-only · Spanish 10% Other Asian/Pacific 2% Other Indo-European 2%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -294.07%
• Current HPI: 281.9628
• Rent YoY: ▲ 1.17%
• 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

+207.3% since first listed

13 events — show timeline

• 2026-06-17 Sold (MLS) $295,000 BRIGHT MLS
• 2026-05-19 Pending — BRIGHT MLS
• 2026-05-14 Listed $269,900 BRIGHT MLS
• 2026-05-07 Coming Soon $269,900 BRIGHT MLS
• 2008-08-13 Sold (Public Records) $217,000 Public Records
• 2008-07-30 Sold (MLS) $217,000 MRIS
• 2008-06-09 Delisted — MRIS
• 2008-05-31 Listed $224,900 MRIS
• 2002-10-25 Sold (Public Records) $112,000 Public Records
• 1996-06-25 Sold (Public Records) $88,000 Public Records
• 1996-06-07 Sold (MLS) $88,000 MRIS
• 1996-05-04 Delisted — MRIS
• 1996-01-10 Listed $96,000 MRIS

Property tax history

-0.6%/yr

Latest (2025): $2,867 · +4.3% YoY. Source: county tax records.