416 N Clinton St · Baltimore, MD 21224

$55,700

3 bd · 1.0 ba · 976 sqft · Townhouse public records · 208 Days on market

Built 1924 1,500 sqft lot $57/sqft · 17% below area Est $77k · 28% under

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Attention!! Handyman/woman, Investor Specials, Cash, and Close Quickly! Hot Opportunity By Direct Contact! Space To Design As You Like To Add BRs/BAs And Or Finish Basement For Entertainment Room/BR! Located At: 416 North Clinton Street, Baltimore, Maryland 21224! Brick Home, Fantastic Home; A Boarded Up/Vacant Property, Ready To Start NOW! See Anytime, Take Tools To Open, Please Board It Up The Way You Found It! After Repair Values (ARV): As Of Comparable Properties, In Same Neighborhood Recently Sold! As Of: 10/3/2025 From $185K Up To $285K+! As-Is, Non-Renovated Comparable That Sold: 1 446 N. Clinton St. Sold 9/30 For $90K 2 619 N. Clinton St. Sold 9/16 For $113K Rental Income Potential: Up To $1,600/Month! Boarded Up, Get Approximately 2-3 BRs/1-2BAs, Zoned Single Family Living! Make An Offer! ARV: $199k-$168,500, Sold: 3/2025-6/12/2025; Great Opportunity! The Best And Highest Reasonable Offer Gets It! Brick Home, Fantastic Homes; Approximately Total: 1,150-1,500SF Each Level Or Approximate Total: Lot: 1,108 SF; Living 2 Levels, Wood Floors, Kitchen Granite Countertops, Appliances, With Basement! Handling All Paperwork! No HOA Fees! NO Credit Needed!! Buyer Pays ALL Closing Costs! As-Is, Where-Is! Major Repairs Needed, Approximately: +/- $45K, Renovation Ready! Estimated Major-Medium, Gutted Repairs Depending On Property And Or Upgrades! A Family Neighborhood! As-Is! Rents: +/- $1,888/Month, Market Values Below Asking Price! Please Call or Text For Details, Anytime Day or Night, 24 Hours 7 Days A Week! Holidays Too! Appreciate It! Peace Always. P. S. No Soliciting Please

Key facts

• Built 1924
• Listed 208 days

🏷️ Possibly a rental listed for sale. The $55,700 price doesn't fit this home's estimated sale value (~$76,958) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $56k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $56k).
• Recommended offer: $49k (12.0% below list) — sets the bar for market timing.
• Cap rate 30.0% 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 (+1.3%/yr); 391 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $385 of loan paydown is wiped out by about $2k 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 + 1.3% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 208 days — a 12% lower offer ($49k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price; built in 1924 — 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 $49,016 (12.0% below list)

Questions for the listing agent

1. It's been on market 208 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 3.51% ✓
• Cap rate: 29.97%
• Cash-on-cash: 84.56%
• DSCR: 4.76
• GRM: 2.4

CMA / ARV

• ARV (median comp): $76,958
• List price: $55,700
• Delta: -27.62%
• 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
441 N East Ave	0.08mi	3/1.5	976 (0%)	2mo	$175,000	$179	93
530 N Curley St	0.29mi	3/1.0	960 (-2%)	2mo	$85,000	$89	82
3534 E Fairmount Ave	0.23mi	2/1.0 (-1)	1,018 (+4%)	2mo	$86,000	$84	76
20 N Decker Ave	0.30mi	3/1.0	1,040 (+7%)	2mo	$149,000	$143	74
735 N Lakewood Ave	0.51mi	3/1.5	970 (-1%)	2mo	$80,000	$82	72
3500 E Fairmount Ave	0.21mi	2/1.0 (-1)	1,092 (+12%)	2mo	$107,000	$98	64
155 N Streeper St	0.36mi	2/2.0 (-1)	912 (-7%)	0mo	$220,000	$241	63
14 S Curley St	0.41mi	2/1.0 (-1)	1,092 (+12%)	1mo	$269,000	$246	55
629 N Kenwood Ave	0.41mi	2/1.5 (-1)	1,100 (+13%)	1mo	$76,500	$70	52
309 S Fagley St	0.64mi	2/2.0 (-1)	1,030 (+6%)	1mo	$225,000	$218	52
12 Kresson St	0.60mi	3/1.0	1,092 (+12%)	2mo	$80,000	$73	50
415 N Glover St	0.49mi	2/2.5 (-1)	1,092 (+12%)	2mo	$179,000	$164	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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: 83.0%
• Equity multiple: 4.70×
• Total profit: $57,769
• Equity at exit: $8,305

10-year hold

• IRR: 85.9%
• Equity multiple: 9.19×
• Total profit: $127,737
• Equity at exit: $4,816

Cash invested: $15,596 (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 21224

• Rents YoY: 1.3%
• Active inventory: 391
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $1,956 high
• Mortgage (P&I): −$292
• Tax from tax record: −$131 /mo · $1,570/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $1,099

Break-even live

Break-even rent $565

Max offer price $55,700

Occupancy floor 39%

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: $13,925
• Closing costs: $1,671
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
203 N Ellwood Ave Unit Main Baltimore, MD	2.0	2.0	880	$2,200	$2.50	24d	1	0.15mi
3205 Esther Pl Baltimore, MD	2.0	2.0	960	$1,850	$1.93	24d	1	0.15mi
520 N Decker Ave Baltimore, MD	2.0	1.0	1000	$1,650	$1.65	43d	1	0.22mi
29 N Ellwood Ave Baltimore, MD	3.0	1.5	1100	$2,395	$2.18	24d	1	0.23mi
3413 Leverton Ave Baltimore, MD	2.0	1.0	832	$1,000	$1.20	24d	1	0.32mi
415 N Belnord Ave Baltimore, MD	2.0	1.0	1008	$1,300	$1.29	24d	1	0.40mi
531 N Belnord Ave Baltimore, MD	2.0	1.5	1100	$1,700	$1.55	24d	1	0.42mi
415 N Glover St Baltimore, MD	2.0	2.5	1092	$1,600	$1.47	24d	1	0.48mi
127 N Glover St Baltimore, MD	2.0	1.5	1110	$2,100	$1.89	2d	1	0.49mi
2608 E Fayette St Unit 1 Baltimore, MD	2.0	1.0	900	$1,700	$1.89	14d	1	0.49mi
502 N Glover St Baltimore, MD	2.0	1.5	827	$1,250	$1.51	20d	1	0.50mi
2729 Ashland Ave Baltimore, MD	3.0	1.0	1000	$1,350	$1.35	2d	1	0.53mi
233 N Rose St Baltimore, MD	2.0	2.5	934	$1,750	$1.87	18d	1	0.55mi
517 N Rose St Baltimore, MD	3.0	1.0	845	$1,400	$1.66	4d	1	0.56mi
224 N Rose St Baltimore, MD	2.0	2.5	1120	$1,875	$1.67	18d	1	0.57mi
104 N Rose St Baltimore, MD	3.0	2.0	936	$2,500	$2.67	43d	1	0.58mi
223 Grundy St Baltimore, MD	2.0	1.0	864	$1,450	$1.68	24d	1	0.58mi
400 S Highland Ave Unit 402 Baltimore, MD	2.0	1.0	900	$1,700	$1.89	43d	1	0.60mi
402 N Milton Ave Unit 402B Baltimore, MD	2.0	1.0	950	$1,290	$1.36	43d	1	0.61mi
321 Fagley St Baltimore, MD	2.0	1.0	800	$1,650	$2.06	20d	1	0.64mi
107 N Port St Baltimore, MD	2.0	2.0	870	$1,995	$2.29	24d	1	0.64mi
437 N Montford Ave Baltimore, MD	3.0	1.5	1100	$1,450	$1.32	43d	1	0.66mi
720 N Port St Baltimore, MD	2.0	1.0	950	$1,300	$1.37	43d	1	0.70mi
3905 Bank St Baltimore, MD	4.0	1.0–3.0	909	$2,820	$3.10	2d	20	0.71mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	43d	1	0.71mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	14d	1	0.71mi
2308 Jefferson St Baltimore, MD	3.0	1.0	907	$1,450	$1.60	43d	1	0.72mi
1310 N Ellwood Ave #1 Baltimore, MD	2.0	1.0	1000	$1,550	$1.55	22d	1	0.74mi
1310 N Ellwood Ave Baltimore, MD	2.0	1.0	1000	$1,450	$1.45	12d	1	0.74mi
16 N Bradford St Baltimore, MD	2.0	3.5	930	$2,400	$2.58	4d	1	0.74mi
4015 Eastern Ave Unit 2L Baltimore, MD	3.0	2.0	1100	$1,800	$1.64	43d	1	0.78mi
108 N Madeira St Baltimore, MD	2.0	2.0	1098	$1,900	$1.73	43d	1	0.81mi
643 S Potomac St Baltimore, MD	2.0	1.0	785	$1,650	$2.10	43d	1	0.82mi
1323 N Kenwood Ave Unit 1 Baltimore, MD	2.0	1.5	1060	$1,350	$1.27	24d	1	0.84mi
211 S Madeira St Baltimore, MD	2.0	1.0	819	$1,650	$2.01	4d	1	0.90mi
712 N Duncan St Baltimore, MD	2.0	1.5	1000	$2,000	$2.00	43d	1	0.91mi
227 S Madeira St Baltimore, MD	2.0	2.5	1100	$2,200	$2.00	43d	1	0.91mi
305 S Collington Ave Baltimore, MD	3.0	2.5	722	$2,895	$4.01	17d	1	0.98mi
3610 Dillon St Baltimore, MD	1.0–2.0	1.0–2.0	828	$2,820	$3.41	43d	1	1.01mi
328 S Collington Ave Baltimore, MD	2.0	2.0	1100	$2,300	$2.09	43d	1	1.01mi

Listing history 14 events

1. 2026-06-18
   days on market $55,700 Active 208 DOM
2. 2026-06-17
   days on market $55,700 Active 207 DOM
3. 2026-06-03
   days on market $55,700 Active 206 DOM
4. 2026-06-02
   days on market $55,700 Active 205 DOM
5. 2026-06-01
   days on market $55,700 Active 204 DOM
6. 2026-05-31
   days on market $55,700 Active 203 DOM
7. 2025-11-09
   listed $55,700 Active 1624-char remark

   Show marketing remark (1624 chars)

   * * Attention!! Handyman/woman, Investor Specials, Cash, and Close Quickly! Hot Opportunity By Direct Contact! Space To Design As You Like To Add BRs/BAs And Or Finish Basement For Entertainment Room/BR! Located At: 416 North Clinton Street, Baltimore, Maryland 21224! Brick Home, Fantastic Home; A Boarded Up/Vacant Property, Ready To Start NOW! See Anytime, Take Tools To Open, Please Board It Up The Way You Found It! After Repair Values (ARV): As Of Comparable Properties, In Same Neighborhood Recently Sold! As Of: 10/3/2025 From $185K Up To $285K+! As-Is, Non-Renovated Comparable That Sold: 1 446 N. Clinton St. Sold 9/30 For $90K 2 619 N. Clinton St. Sold 9/16 For $113K Rental Income Potential: Up To $1,600/Month! Boarded Up, Get Approximately 2-3 BRs/1-2BAs, Zoned Single Family Living! Make An Offer! ARV: $199k-$168,500, Sold: 3/2025-6/12/2025; Great Opportunity! The Best And Highest Reasonable Offer Gets It! Brick Home, Fantastic Homes; Approximately Total: 1,150-1,500SF Each Level Or Approximate Total: Lot: 1,108 SF; Living 2 Levels, Wood Floors, Kitchen Granite Countertops, Appliances, With Basement! Handling All Paperwork! No HOA Fees! NO Credit Needed!! Buyer Pays ALL Closing Costs! As-Is, Where-Is! Major Repairs Needed, Approximately: +/- $45K, Renovation Ready! Estimated Major-Medium, Gutted Repairs Depending On Property And Or Upgrades! A Family Neighborhood! As-Is! Rents: +/- $1,888/Month, Market Values Below Asking Price! Please Call or Text For Details, Anytime Day or Night, 24 Hours 7 Days A Week! Holidays Too! Appreciate It! Peace Always. P. S. No Soliciting Please

8. 2006-06-02
   soldstatus $50,000
9. 2006-05-31
   soldstatus $50,000 19-char remark

   Show marketing remark (19 chars)

   GREAT STARTER HOME!

10. 2006-02-10
    historical 19-char remark

    Show marketing remark (19 chars)

    GREAT STARTER HOME!

11. 2004-11-02
    listed $51,500 19-char remark

    Show marketing remark (19 chars)

    GREAT STARTER HOME!

12. 2003-03-03
    soldstatus $10,000
13. 2003-01-24
    historical
14. 2002-12-03
    listed $10,000

ⓘ 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: $1,570 · $131/mo
• Projected year-2 tax: $1,570 · $131/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,471
• − Mortgage interest: −$3,120
• − Property taxes: −$1,570
• − Insurance: −$278
• − Repairs & maintenance: −$1,878
• − Management: −$1,878
• − Depreciation: −$1,620
• Taxable income: $13,127
• Est. tax owed @ 24.0%: −$3,150
• After-tax cash flow: $10,038/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): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• 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

+457.0% since first listed

8 events — show timeline

• 2025-11-09 Listed $55,700 ForSaleByOwner.com
• 2006-06-02 Sold (Public Records) $50,000 Public Records
• 2006-05-31 Sold (MLS) $50,000 MRIS
• 2006-02-10 Delisted — MRIS
• 2004-11-02 Listed $51,500 MRIS
• 2003-03-03 Sold (MLS) $10,000 MRIS
• 2003-01-24 Delisted — MRIS
• 2002-12-03 Listed $10,000 MRIS

Property tax history

+0.0%/yr

Latest (2025): $1,570 · +19.3% YoY. Source: county tax records.