3857 W Forest Park Ave · Baltimore, MD 21216

$190,000

4 bd · 3.0 ba · 1,881 sqft · Townhouse public records · 51 Days on market

Built 1925 Est $261k · 27% 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 +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.5/10.0
• 1% rule +6.9/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

Key facts

• Front porch
• Updated kitchen
• Tile backsplash

Tags

• FRONT PORCH
• OPEN-CONCEPT MAIN LEVEL
• UPDATED KITCHEN
• STAINLESS STEEL APPLIANCES
• TILE BACKSPLASH
• FINISHED LOWER LEVEL

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $190k.

Deal economics

• At list price, monthly cash flow is $445 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $184k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.1% 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: 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); Vanguard Collegiate Middle (math 3% / reading 15%, grade F, #212 of 225 statewide, top 95%, 343 students, 84% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL).
• Zoned-school proficiency averages 32% at this address vs 12% district-wide (+20 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 rising fast (+6.1%/yr); 253 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 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 $1k of loan paydown is wiped out by about $6k 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 + 6.1% rent growth), your $53k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 21y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 23% 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 $184,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — 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. 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.
7. 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.
8. 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: 1.19% ✓
• Cap rate: 9.10%
• Cash-on-cash: 10.03%
• DSCR: 1.45
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $261,459
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4004 Fairfax Rd	0.24mi	4/2.0	1,832 (-3%)	6mo	$235,640	$129	76
4030 Fairfax Rd	0.27mi	4/2.0	1,832 (-3%)	6mo	$234,000	$128	74
3625 Liberty Heights Ave	0.33mi	3/3.5 (-1)	1,980 (+5%)	2mo	$275,000	$139	67
4015 Duvall Ave	0.49mi	4/2.5	2,016 (+7%)	0mo	$225,000	$112	63
3032 Chelsea Ter	0.20mi	3/3.5 (-1)	2,030 (+8%)	9mo	$234,500	$116	63
4402 Haddon Ave	0.61mi	4/3.5	1,814 (-4%)	2mo	$290,000	$160	62
3609 Liberty Heights Ave	0.36mi	4/2.5	1,623 (-14%)	5mo	$269,000	$166	54
4033 Woodhaven Ave	0.36mi	4/2.5	1,624 (-14%)	9mo	$260,000	$160	51
4040 W Cold Spring Ln	0.70mi	4/2.0	1,782 (-5%)	7mo	$205,000	$115	49
3811 Belle Ave	0.58mi	4/3.0	1,616 (-14%)	5mo	$270,000	$167	46
3520 White Chapel Rd	0.68mi	3/2.5 (-1)	1,718 (-9%)	5mo	$130,000	$76	43
3826 1/2 Boarman Ave	0.67mi	3/2.5 (-1)	1,620 (-14%)	10mo	$235,000	$145	30

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 · 6.1% rent growth · sell at horizon

5-year hold

• IRR: 2.3%
• Equity multiple: 1.09×
• Total profit: $4,884
• Equity at exit: $28,330

10-year hold

• IRR: 14.8%
• Equity multiple: 2.37×
• Total profit: $72,847
• Equity at exit: $16,428

Cash invested: $53,200 (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 21216

• Rents YoY: 6.1%
• Active inventory: 253
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,268 high
• Mortgage (P&I): −$996
• Tax from tax record: −$271 /mo · $3,258/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $445

Break-even live

Break-even rent $1,705

Max offer price $190,000

Occupancy floor 75%

Sensitivity live

Price	-10% $552	-5% $498	+0% $445	+5% $391	+10% $337
Rent	-10% $266	-5% $355	+0% $445	+5% $534	+10% $624
Rate	-1.0pp $540	-0.5pp $493	base $445	+0.5pp $395	+1.0pp $345

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3904 Gwynns Falls Pkwy Baltimore, MD	3.0	2.0	1772	$2,600	$1.47	46d	1	0.75mi
3204 Sequoia Ave Baltimore, MD	4.0	2.5	1791	$2,600	$1.45	46d	1	0.93mi
2103 Chelsea Ter Unit 2 Baltimore, MD	3.0	1.5	1500	$2,100	$1.40	17d	1	0.96mi
4037 Cedardale Rd Baltimore, MD	5.0	3.0	1500	$2,800	$1.87	17d	1	1.01mi
3784 Columbus Dr Baltimore, MD	4.0	2.0	1250	$2,200	$1.76	26d	1	1.04mi
4230 Towanda Ave Baltimore, MD	3.0	2.0	1400	$1,800	$1.29	20d	1	1.18mi
3030 Windsor Ave Baltimore, MD	4.0	1.5	2124	$1,995	$0.94	6d	1	1.19mi
2917 Clifton Ave Baltimore, MD	4.0	4.0	1700	$2,150	$1.26	26d	1	1.35mi
2812 Clifton Ave Baltimore, MD	3.0	1.5	1650	$1,850	$1.12	46d	1	1.38mi
1633 N Hilton St Baltimore, MD	4.0	2.5	1920	$2,600	$1.35	20d	1	1.42mi
3104 Tioga Pkwy Baltimore, MD	3.0	2.0	1640	$2,050	$1.25	24d	1	1.43mi
3822 Pall Mall Rd Baltimore, MD	3.0	1.5	1320	$1,875	$1.42	46d	1	1.45mi
2305 Wichita Ave Unit 1 Baltimore, MD	3.0	1.0	1950	$1,250	$0.64	0d	1	1.50mi

Listing history 50 events

1. 2026-02-20
   status Pending
2. 2026-02-04
   price $190,000
3. 2025-12-31
   historical
4. 2025-12-31
   listed $200,000 Active
5. 2025-10-10
   listed $200,000 Active
6. 2025-10-01
   historical
7. 2024-08-09
   soldstatus $215,000
8. 2024-07-26
   soldstatus $215,000 Closed 824-char remark

   Show marketing remark (824 chars)

   Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

9. 2024-07-09
   status Pending 824-char remark

   Show marketing remark (824 chars)

   Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

10. 2024-07-05
    price $224,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

11. 2024-06-14
    price $229,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

12. 2024-06-05
    price $239,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

13. 2024-06-05
    status Active 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

14. 2024-03-28
    status Pending 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

15. 2024-03-11
    price $234,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

16. 2024-02-22
    price $239,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

17. 2024-02-21
    status Active 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

18. 2024-02-14
    status Pending 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

19. 2024-02-14
    price $249,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

20. 2024-02-04
    listed $239,900 Active 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

21. 2024-01-31
    historical $239,900 824-char remark

    Show marketing remark (824 chars)

    Wow! Priced to sell!! This show stopping and beautifully remodeled 4 bedroom/3.5 bath home is ready! Large open floor plan includes updated kitchen with new appliances, granite countertops and breakfast bar, easy living flow with generous dining room and family room space, cozy electric fireplace and built in TV. Included in the 3 upstairs bedrooms you will find a true primary bedroom with a full updated bath, walk in closet and two other bedrooms that share an updated full bathroom. Lower level is fully finished with a bedroom, den/office and full bath. Outside is a rear porch that leads to the courtyard and a two car detached garage with remote. New HVAC, flooring, windows, lighting and front door. Close to major commuter routes yet tucked in a friendly neighborhood. A must see! One year Home Warranty included!

22. 2023-12-21
    soldstatus $131,400 Closed
23. 2023-11-08
    status Pending
24. 2023-11-04
    historical
25. 2023-10-23
    price $131,400
26. 2023-09-23
    price $146,000
27. 2023-08-30
    listed $162,200 Active
28. 2022-11-30
    historical Active Under Contract
29. 2022-10-10
    price $165,000
30. 2022-10-10
    status Active
31. 2022-09-24
    historical Active Under Contract
32. 2022-09-04
    status Active
33. 2022-08-27
    historical Active Under Contract
34. 2022-08-25
    price $189,000
35. 2022-08-07
    price $205,000
36. 2022-08-03
    price $219,900
37. 2022-07-13
    price $234,900
38. 2022-06-02
    price $245,900
39. 2022-05-26
    price $249,900
40. 2022-05-17
    price $259,900
41. 2022-05-10
    price $265,900
42. 2022-04-22
    listed $271,500 Active
43. 2019-11-04
    historical
44. 2019-06-05
    listed $78,000 Active
45. 2019-01-01
    historical
46. 2018-07-09
    listed $130,000 Active
47. 2018-06-23
    historical
48. 2018-06-23
    historical Withdrawn
49. 2018-06-04
    price $129,000
50. 2018-06-04
    price

ⓘ 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: $3,258 · $271/mo
• Projected year-2 tax: $3,258 · $271/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 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% 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: $27,216
• − Mortgage interest: −$10,643
• − Property taxes: −$3,258
• − Insurance: −$950
• − Repairs & maintenance: −$2,177
• − Management: −$2,177
• − Depreciation: −$5,527
• Taxable income: $2,484
• Est. tax owed @ 24.0%: −$596
• After-tax cash flow: $4,740/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): 29,426
• Household income: $42,031
• Rent vs Own: 49.8% rent · 50.2% own
• Severe rent burden: 2264.0

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 (91%)
• Race & ethnicity: Black 91% Hispanic / Latino 4% Two or more races 3% White 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -107.42%
• Current HPI: 164.3933
• Rent YoY: ▲ 6.10%
• 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

+171.8% since first listed

61 events — show timeline

• 2026-02-20 Pending — BRIGHT MLS
• 2026-02-04 Price Changed $190,000 BRIGHT MLS
• 2025-12-31 Listed $200,000 BRIGHT MLS
• 2025-12-31 Listing Removed — BRIGHT MLS
• 2025-10-10 Listed $200,000 BRIGHT MLS
• 2025-10-01 Coming Soon — BRIGHT MLS
• 2024-08-09 Sold (Public Records) $215,000 Public Records
• 2024-07-26 Sold (MLS) $215,000 BRIGHT MLS
• 2024-07-09 Pending — BRIGHT MLS
• 2024-07-05 Price Changed $224,900 BRIGHT MLS
• 2024-06-14 Price Changed $229,900 BRIGHT MLS
• 2024-06-05 Price Changed $239,900 BRIGHT MLS
• 2024-06-05 Relisted — BRIGHT MLS
• 2024-03-28 Pending — BRIGHT MLS
• 2024-03-11 Price Changed $234,900 BRIGHT MLS
• 2024-02-22 Price Changed $239,900 BRIGHT MLS
• 2024-02-21 Relisted — BRIGHT MLS
• 2024-02-14 Pending — BRIGHT MLS
• 2024-02-14 Price Changed $249,900 BRIGHT MLS
• 2024-02-04 Listed $239,900 BRIGHT MLS
• 2024-01-31 Coming Soon $239,900 BRIGHT MLS
• 2023-12-21 Sold (MLS) $131,400 BRIGHT MLS
• 2023-11-08 Pending — BRIGHT MLS
• 2023-11-04 Listing Removed — BRIGHT MLS
• 2023-10-23 Price Changed $131,400 BRIGHT MLS
• 2023-09-23 Price Changed $146,000 BRIGHT MLS
• 2023-08-30 Listed $162,200 BRIGHT MLS
• 2022-11-30 Contingent — BRIGHT MLS
• 2022-10-10 Price Changed $165,000 BRIGHT MLS
• 2022-10-10 Relisted — BRIGHT MLS
• 2022-09-24 Contingent — BRIGHT MLS
• 2022-09-04 Relisted — BRIGHT MLS
• 2022-08-27 Contingent — BRIGHT MLS
• 2022-08-25 Price Changed $189,000 BRIGHT MLS
• 2022-08-07 Price Changed $205,000 BRIGHT MLS
• 2022-08-03 Price Changed $219,900 BRIGHT MLS
• 2022-07-13 Price Changed $234,900 BRIGHT MLS
• 2022-06-02 Price Changed $245,900 BRIGHT MLS
• 2022-05-26 Price Changed $249,900 BRIGHT MLS
• 2022-05-17 Price Changed $259,900 BRIGHT MLS
• 2022-05-10 Price Changed $265,900 BRIGHT MLS
• 2022-04-22 Listed $271,500 BRIGHT MLS
• 2019-11-04 Listing Removed — BRIGHT MLS
• 2019-06-05 Listed $78,000 BRIGHT MLS
• 2019-01-01 Listing Removed — BRIGHT MLS
• 2018-07-09 Listed $130,000 BRIGHT MLS
• 2018-06-23 Listing Removed — BRIGHT MLS
• 2018-06-23 Delisted — MRIS
• 2018-06-04 Price Changed $129,000 BRIGHT MLS
• 2018-06-04 Price Changed — MRIS
• 2018-04-06 Listed — MRIS
• 2018-04-06 Listed $149,999 BRIGHT MLS
• 2009-10-27 Price Changed — MRIS
• 2009-03-20 Delisted — MRIS
• 2008-12-17 Listed — MRIS
• 2008-04-06 Delisted — MRIS
• 2008-02-29 Listed — MRIS
• 2006-03-29 Sold (Public Records) $65,000 Public Records
• 2006-02-10 Sold (MLS) $65,000 MRIS
• 2005-12-05 Delisted — MRIS
• 2005-11-23 Listed $69,900 MRIS

Property tax history

+1.9%/yr

Latest (2025): $3,258 · +6.2% YoY. Source: county tax records.