4715 Williston St · Baltimore, MD 21229

$160,000

2 bd · 1.0 ba · 896 sqft · Townhouse public records · 4 Days on market

Built 1958 871 sqft lot Est $165k · at est.

---

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 +15.6/30.0
• ARV discount +8.8/15.0
• DSCR +4.8/10.0
• 1% rule +4.5/10.0
• 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

Listing remarks MLS

Bring your imagination to this porch front solid brick, 2 bedroom row-home with original hardwood floors and fenced rear yard. Unfinished basement for additional rooms or extra storage. Located close to public transportation provides easy access to downtown. Perfect for 1st time buyer or addition to rental portfolio.

Key facts

• Finished basement
• Updated kitchen
• Large flat backyard

Tags

• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• FINISHED BASEMENT
• LARGE FLAT BACKYARD
• WELCOMING FRONT PORCH

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Brick construction; Other foundation details; Finished above-grade area 896 (per assessor); Unfinished below-grade area 448 (per assessor); Total below-grade area 448
• Exterior features: Basement present (other); Above-grade and below-grade other structures

Interior

• Bedrooms: 2 bedrooms on the first upper level
• Bathrooms: 2 full bathrooms (1 on first upper level, 1 on first lower level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Dining area; Finished above-grade living space (per assessor)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $66 ($791/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (4.8% below list).
• Recommended offer: $152k (4.8% below list) — sets the bar for 1% rule.

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); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 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 (+5.4%/yr); 256 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); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 30% 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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 29y 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.
• Current owner paid $40k; list at $160k implies a 300% gain — meaningful room to come down on a strong offer.

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→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $152,295 (4.8% below list)

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
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: 0.95% ✗
• Cap rate: 6.79%
• Cash-on-cash: 1.77%
• DSCR: 1.08
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $164,864
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
626 Brisbane Rd	0.07mi	2/1.0	896 (0%)	5mo	$165,000	$184	93
4786 Melbourne Rd	0.12mi	2/1.5	896 (0%)	1mo	$175,000	$195	92
606 Charraway Rd	0.09mi	2/2.0	896 (0%)	8mo	$205,000	$229	85
517 Lucia Ave	0.23mi	2/1.5	896 (0%)	5mo	$155,000	$173	83
4768 Melbourne Rd	0.11mi	2/1.0	896 (0%)	16mo	$185,000	$206	82
738 Yale Ave	0.32mi	2/1.0	896 (0%)	5mo	$144,000	$161	81
708 Bethnal Rd	0.26mi	2/1.5	896 (0%)	10mo	$145,000	$162	77
517 Brisbane Rd	0.14mi	3/2.0 (+1)	896 (0%)	16mo	$200,000	$223	71
643 Brisbane Rd	0.11mi	3/1.0 (+1)	1,008 (+12%)	14mo	$123,000	$122	58
779 Yale Ave	0.31mi	3/1.5 (+1)	952 (+6%)	20mo	$110,001	$116	52
614 Gibson Rd	0.09mi	3/2.0 (+1)	1,008 (+12%)	19mo	$220,000	$218	50
751 Yale Ave	0.34mi	3/1.5 (+1)	1,024 (+14%)	7mo	$145,000	$142	48

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

5-year hold

• IRR: -10.8%
• Equity multiple: 0.60×
• Total profit: $-17,952
• Equity at exit: $23,857

10-year hold

• IRR: 1.7%
• Equity multiple: 1.13×
• Total profit: $6,032
• Equity at exit: $13,834

Cash invested: $44,800 (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 21229

• Rents YoY: 5.4%
• Active inventory: 256
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,523 high
• Mortgage (P&I): −$839
• Tax from tax record: −$231 /mo · $2,778/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $66

Break-even live

Break-even rent $1,440

Max offer price $160,000

Occupancy floor 91%

Sensitivity live

Price	-10% $156	-5% $111	+0% $66	+5% $21	+10% $-25
Rent	-10% $-54	-5% $6	+0% $66	+5% $126	+10% $186
Rate	-1.0pp $146	-0.5pp $107	base $66	+0.5pp $24	+1.0pp $-18

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
643 S Wickham Rd Baltimore, MD	2.0	3.0	896	$1,800	$2.01	0d	1	0.18mi
613 S Beechfield Ave Baltimore, MD	3.0	1.5	1080	$1,950	$1.81	45d	1	0.18mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	25d	1	0.23mi
501 Hazlett Ave Baltimore, MD	2.0–3.0	1.5–2.0	1044	$1,395	$1.34	0d	8	0.27mi
4431 Eldone Rd Baltimore, MD	3.0	2.0	896	$2,000	$2.23	25d	1	0.32mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	45d	1	0.35mi
402 Colleen Rd Baltimore, MD	1.0–2.0	1.0	910	$1,450	$1.59	4d	11	0.37mi
532 Coventry Rd Baltimore, MD	2.0	1.0	661	$1,300	$1.97	23d	1	0.39mi
4301 Parkton St Baltimore, MD	1.0–3.0	1.0	730	$1,264	$1.73	45d	1	0.55mi
4041 Wilkens Ave Unit B Baltimore, MD	1.0	1.0	600	$1,000	$1.67	45d	1	0.58mi
4041 Wilkens Ave Unit C Baltimore, MD	1.0	1.0	600	$1,050	$1.75	16d	1	0.61mi
4617 Wilkens Ave Unit B Baltimore, MD	2.0	1.0	600	$1,200	$2.00	25d	1	0.66mi
131 N Bend Rd Unit 131-1B Baltimore, MD	2.0	1.5	910	$1,225	$1.35	23d	1	0.76mi
5440 Frederick Ave Baltimore, MD	1.0	1.0	800	$1,350	$1.69	25d	1	0.77mi
4700 Gateway Ter Arbutus, MD	1.0–3.0	1.0	728	$1,336	$1.84	45d	1	0.78mi
4601 Pen Lucy Rd Unit 4615-G Baltimore, MD	2.0	1.0	798	$1,200	$1.50	23d	1	0.78mi
4601 Pen Lucy Rd Unit 103-H Baltimore, MD	2.0	1.0	798	$1,315	$1.65	25d	1	0.79mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	3d	1	0.79mi
4601 Pen Lucy Rd Unit 4714-B Baltimore, MD	2.0	1.0	730	$1,205	$1.65	16d	1	0.79mi
220 Stonecroft Rd Unit 232-J Baltimore, MD	1.0	1.0	632	$1,075	$1.70	3d	1	0.81mi
220 Stonecroft Rd Unit 232-I Baltimore, MD	2.0	1.5	900	$1,295	$1.44	19d	1	0.81mi
220 Stonecroft Rd Unit 220-H Baltimore, MD	2.0	1.5	900	$1,245	$1.38	0d	1	0.81mi
220 Stonecroft Rd Unit 230-D Baltimore, MD	2.0	1.5	900	$1,395	$1.55	23d	1	0.81mi
304 Collins Ave Unit 1 Baltimore, MD	1.0	1.0	845	$1,600	$1.89	45d	1	0.82mi
304 Collins Ave Unit 2 Baltimore, MD	3.0	1.0	1016	$2,100	$2.07	45d	1	0.82mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,300	$1.60	4d	2	0.82mi
5364 Jamestowne Ct Baltimore, MD	3.0	1.0–1.5	787	$1,590	$2.02	0d	15	0.84mi
4215 Connecticut Ave Baltimore, MD	1.0	1.0	625	$950	$1.52	25d	1	0.86mi
1 Summit Hill Ct Unit T-2 Baltimore, MD	2.0	2.0	1009	$1,900	$1.88	45d	1	0.89mi
201 S Symington Ave Catonsville, MD	1.0–2.0	1.0	788	$1,509	$1.91	0d	12	0.93mi
4407 Leeds Ave Baltimore, MD	1.0	1.0	800	$1,300	$1.62	45d	1	0.95mi
2 N Woodington Rd Baltimore, MD	1.0–2.0	1.0	738	$1,335	$1.81	4d	5	0.96mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	25d	1	0.96mi
2 S Woodington Rd Baltimore, MD	1.0	1.0	620	$1,135	$1.83	6d	1	0.96mi
2 S Woodington Rd Baltimore, MD	1.0	1.0	620	$1,310	$2.11	45d	1	0.96mi
2 S Woodington Rd Baltimore, MD	1.0	1.0	620	$1,135	$1.83	0d	1	0.96mi
2 S Woodington Rd Baltimore, MD	2.0	1.0	856	$1,160	$1.36	16d	1	0.96mi
6300 Mount Ridge Rd Unit A Catonsville, MD	2.0	1.0	1100	$1,750	$1.59	45d	1	0.98mi
238 Oglethorpe Rd Catonsville, MD	2.0	1.0	968	$1,650	$1.70	6d	1	1.03mi
143 Nunnery Ln Catonsville, MD	1.0	1.0	600	$1,000	$1.67	45d	1	1.15mi

Listing history 2 events

1. 2026-06-13
   remarks 693-char remark
2. 2026-06-13
   listed $160,000 Pending 4 DOM

ⓘ 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: $2,778 · $231/mo
• Projected year-2 tax: $2,778 · $231/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 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: $18,275
• − Mortgage interest: −$8,962
• − Property taxes: −$2,778
• − Insurance: −$800
• − Repairs & maintenance: −$1,462
• − Management: −$1,462
• − Depreciation: −$4,655
• Taxable loss: −$1,844
• Est. tax savings @ 24.0%: +$442
• After-tax cash flow: $1,234/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): 46,679
• Household income: $60,047
• Rent vs Own: 43.1% rent · 56.9% 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%
• 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
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+306.8% since first listed

23 events — show timeline

• 2026-06-11 Pending — BRIGHT MLS
• 2026-05-04 Listing Removed — BRIGHT MLS
• 2026-04-01 Contingent — BRIGHT MLS
• 2026-03-28 Listed $160,000 BRIGHT MLS
• 2017-05-11 Pending — MRIS
• 2017-05-11 Sold (MLS) $40,000 MRIS
• 2017-05-11 Sold (MLS) $40,000 BRIGHT MLS
• 2017-03-30 Listed $47,400 MRIS
• 2017-03-29 Delisted — MRIS
• 2017-03-29 Listing Removed — BRIGHT MLS
• 2017-02-28 Price Changed — MRIS
• 2017-01-30 Price Changed — MRIS
• 2016-12-29 Relisted — MRIS
• 2016-12-27 Delisted — MRIS
• 2016-12-19 Price Changed — MRIS
• 2016-11-07 Listed — MRIS
• 2016-11-07 Listed $47,400 BRIGHT MLS
• 1998-01-08 Sold (Public Records) $59,900 Public Records
• 1998-01-08 Sold (Public Records) $59,900 Public Records
• 1997-10-24 Sold (MLS) $59,900 MRIS
• 1997-08-15 Delisted — MRIS
• 1997-07-19 Listed $59,900 MRIS
• 1984-06-19 Sold (Public Records) $39,332 Public Records

Property tax history

+1.4%/yr

Latest (2025): $2,778 · +6.6% YoY. Source: county tax records.