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1121 Washington Blvd
B Composite 74.56
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
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Schools +1.0/10.0
  • Appreciation +0.0/10.0

$121,900

1121 Washington Blvd · Baltimore, MD 21230
3 bd · 1.0 ba · 1,182 sqft · Townhouse public records · 273 Days on market
Built 1898 1,035 sqft lot $103/sqft · 34% below area Est $185k · 34% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

Key facts

  • Functional kitchen
  • Finished lower level
  • Built 1898

Tags

FINISHED LOWER LEVELFUNCTIONAL KITCHENDEDICATED DINING SPACE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath townhouse listed at $122k.

Deal economics

  • At list price, monthly cash flow is $700 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $122k).
  • Recommended offer: $107k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.2% 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 soft (-1.0%/yr); 362 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 $843 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 + 0.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 273 days — a 12% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 7y ago; this cycle's ask has dropped $17k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $100k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1898 — 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 $107,272 (12.0% below list)

Questions for the listing agent

  1. It's been on market 273 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 1898 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  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
1.66%
Cap rate
13.18%
Cash-on-cash
24.61%
DSCR
2.10
GRM
5.0

CMA / ARV

ARV (median comp)
$185,038
List price
$121,900
Delta
-34.12%
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
1145 W Cross St 0.10mi 2/1.5 (-1) 1,172 (-1%) 2mo $121,900 $104 86
1244 Carroll St 0.14mi 3/1.5 1,140 (-4%) 0mo $213,900 $188 85
121 Parkin St 0.31mi 3/2.0 1,208 (+2%) 0mo $175,000 $145 78
1110 W Lombard St 0.34mi 3/2.5 1,206 (+2%) 1mo $180,000 $149 74
835 1/2 W Lombard St 0.37mi 3/1.0 1,242 (+5%) 1mo $255,000 $205 73
509 Otterbein St 0.27mi 2/2.0 (-1) 1,215 (+3%) 2mo $232,500 $191 72
916 S Carey St 0.22mi 3/1.5 1,288 (+9%) 1mo $100,000 $78 72
538 Eislen St 0.49mi 2/1.0 (-1) 1,170 (-1%) 1mo $345,000 $295 70
1404 Lemmon St 0.45mi 3/2.0 1,100 (-7%) 1mo $189,000 $172 63
1236 Sargeant St 0.12mi 2/2.0 (-1) 1,350 (+14%) 2mo $205,000 $152 60
817 W Cross St 0.26mi 3/3.5 1,320 (+12%) 0mo $260,000 $197 58
703 Dover St 0.43mi 2/2.0 (-1) 1,008 (-15%) 1mo $225,000 $223 46

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
14.4%
Equity multiple
1.56×
Total profit
$18,958
Equity at exit
$18,176
10-year hold
IRR
20.7%
Equity multiple
2.50×
Total profit
$51,233
Equity at exit
$10,540

Cash invested: $34,132 (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.

ZIP-level market 21230

Rents YoY
-1.0%
Active inventory
362
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$2,027 high interval (Pro) →
Mortgage (P&I)
$639
Tax from tax record
$211 /mo · $2,535/yr
Insurance
$51
HOA
$0
Vacancy / Maint / Mgmt
$426
Net cashflow
$700

Break-even live

Break-even rent $1,141
Max offer price $121,900
Occupancy floor 60%

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
$30,475
Closing costs
$3,657
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1125 Washington Blvd Baltimore, MD 4.0 2.5 1200 $2,750 $2.29 17d 1 0.02mi
1163 Washington Blvd Baltimore, MD 2.0 2.5 1012 $1,700 $1.68 12d 1 0.03mi
1160 Washington Blvd Baltimore, MD 2.0 1.0 960 $1,575 $1.64 23d 1 0.04mi
1127 Sargeant St Baltimore, MD 2.0 1.5 1080 $1,275 $1.18 23d 1 0.06mi
1142 Sargeant St Baltimore, MD 3.0 2.0 1080 $1,601 $1.48 1d 1 0.07mi
1243 Washington Blvd Baltimore, MD 3.0 2.0 1148 $1,950 $1.70 43d 1 0.11mi
1215 James St Baltimore, MD 2.0 1.0 960 $1,500 $1.56 43d 1 0.12mi
1253 Sargeant St Baltimore, MD 2.0 1.5 1200 $1,695 $1.41 23d 1 0.12mi
1132 Nanticoke St Baltimore, MD 2.0 2.5 1500 $1,875 $1.25 23d 1 0.13mi
853 Reinhart St Baltimore, MD 2.0 2.5 780 $1,800 $2.31 43d 1 0.13mi
1259 Washington Blvd Baltimore, MD 3.0 3.0 1232 $2,999 $2.43 4d 1 0.13mi
1205 Cleveland St Baltimore, MD 2.0 2.0 1232 $1,900 $1.54 43d 1 0.13mi
1127 S Carey St Baltimore, MD 3.0 2.5 1340 $1,900 $1.42 4d 1 0.16mi
1101 S Carey St Baltimore, MD 2.0 2.0 1400 $1,200 $0.86 21d 1 0.17mi
508 Wyeth St Baltimore, MD 3.0 3.0 1234 $1,850 $1.50 43d 1 0.18mi
923 McHenry St Baltimore, MD 3.0 1.0 1008 $1,625 $1.61 43d 1 0.18mi
1262 Glyndon Ave Baltimore, MD 2.0 3.0 1258 $1,850 $1.47 23d 1 0.19mi
847 McHenry St Baltimore, MD 2.0 2.0 952 $1,795 $1.89 4d 1 0.20mi
1303 James St Baltimore, MD 2.0 1.5 1160 $1,350 $1.16 23d 1 0.20mi
805 Washington Blvd Unit B Baltimore, MD 2.0 2.0 1106 $1,650 $1.49 20d 1 0.22mi
805 Washington Blvd Unit A Baltimore, MD 2.0 2.0 1050 $1,650 $1.57 43d 1 0.22mi
709 Scott St Baltimore, MD 3.0 2.5 1448 $2,500 $1.73 23d 1 0.24mi
709 Scott St Baltimore, MD 3.0 3.0 1448 $2,500 $1.73 14d 1 0.24mi
519 Scott St Unit 1 Baltimore, MD 2.0 2.0 800 $2,000 $2.50 43d 1 0.24mi
1125 Wicomico St Baltimore, MD 3.0 3.0 1068 $1,955 $1.83 23d 1 0.28mi
1432 Carroll St Baltimore, MD 2.0 1.5 912 $1,900 $2.08 43d 1 0.32mi
913 W Lombard St Baltimore, MD 3.0 1.0 1452 $1,600 $1.10 23d 1 0.32mi
1108 Sterrett St Baltimore, MD 2.0 1.0 1400 $2,300 $1.64 23d 1 0.32mi
748 McHenry St Baltimore, MD 3.0 2.0 1288 $2,100 $1.63 4d 1 0.34mi
1111 W Lombard St Baltimore, MD 3.0 1.0 1200 $1,295 $1.08 4d 1 0.34mi
1115 W Lombard St Baltimore, MD 3.0 1.0 1468 $2,100 $1.43 43d 1 0.35mi
104 S Carrollton Ave Baltimore, MD 3.0 4.0 1232 $2,400 $1.95 4d 1 0.36mi
812 S Paca St Baltimore, MD 3.0 2.0 990 $1,500 $1.52 12d 1 0.37mi
305 S Calhoun St Baltimore, MD 2.0 1.0 1000 $1,300 $1.30 21d 1 0.37mi
1000 Hollins St Unit 1000 Hollins Baltimore, MD 3.0 2.5 1472 $2,600 $1.77 44d 1 0.41mi
638 S Paca St Unit 2404866494 Baltimore, MD 3.0 1.5 1100 $2,200 $2.00 43d 1 0.43mi
662 Washington Blvd Baltimore, MD 4.0 2.5 1300 $2,700 $2.08 43d 1 0.44mi
1324 W Lombard St Unit 1 Baltimore, MD 2.0 2.0 1100 $1,500 $1.36 23d 1 0.45mi
1324 W Lombard St Unit 2 Baltimore, MD 2.0 1.5 1100 $1,450 $1.32 43d 1 0.46mi
656 Portland St Baltimore, MD 2.0 1.5 1300 $1,950 $1.50 43d 1 0.46mi

Listing history 42 events

  1. 2026-06-18
    days on market $121,900 Active 273 DOM
  2. 2026-06-17
    days on market $121,900 Active 272 DOM
  3. 2026-06-16
    days on market $121,900 Active 271 DOM
  4. 2026-06-15
    days on market $121,900 Active 270 DOM
  5. 2026-06-13
    days on market $121,900 Active 268 DOM
  6. 2026-06-09
    days on market $121,900 Active 264 DOM
  7. 2026-06-08
    days on market $121,900 Active 263 DOM
  8. 2026-06-07
    days on market $121,900 Active 262 DOM
  9. 2026-06-04
    days on market $121,900 Active 259 DOM
  10. 2026-06-03
    days on market $121,900 Active 258 DOM
  11. 2026-06-02
    days on market $121,900 Active 257 DOM
  12. 2026-06-01
    days on market $121,900 Active 256 DOM
  13. 2026-05-31
    days on market $121,900 Active 255 DOM
  14. 2026-05-07
    status Active 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  15. 2026-04-28
    historical Active Under Contract 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  16. 2026-01-27
    price $121,900 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  17. 2026-01-26
    price $120,900 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  18. 2026-01-02
    status Active 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  19. 2025-12-31
    historical 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  20. 2025-12-23
    price $124,900 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  21. 2025-11-21
    price $129,900 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  22. 2025-09-07
    listed $139,000 Active 1180-char remark
    Show marketing remark (1180 chars)

    Price Recently reduced!! Welcome to 1121 Washington Blvd — freshly painted and full of charm! This delightful 3-bedroom, 2-bathroom rowhome is nestled in the heart of historic Pigtown and offers an ideal opportunity for first-time buyers or savvy investors alike. Step inside to find a warm and inviting main level with a comfortable living area and dedicated dining space that flows into a functional kitchen, ready for your personal touch. Upstairs, you’ll find two spacious bedrooms and a full bathroom, offering privacy and comfort. The finished lower level adds incredible versatility with a third bedroom, a second full bathroom, and ample space for guests, a home office, or potential rental income. Located just minutes from Camden Yards, M & T Bank Stadium, the Inner Harbor, and all that downtown Baltimore has to offer, this home also benefits from Pigtown’s beloved local restaurants, shops, and parks—all with easy access to major commuter routes. Whether you're looking for a place to call home or a solid investment opportunity, 1121 Washington Blvd checks all the boxes. Schedule your tour today and come see the potential for yourself!

  23. 2025-08-13
    historical
  24. 2025-07-24
    status Active
  25. 2025-05-19
    historical
  26. 2025-03-04
    price $142,000
  27. 2025-01-24
    price $157,500
  28. 2025-01-13
    status Active
  29. 2025-01-08
    historical Active Under Contract
  30. 2024-12-11
    listed $162,500 Active
  31. 2024-10-20
    historical $1,400
  32. 2024-09-12
    listed $1,400
  33. 2022-01-12
    historical
  34. 2021-11-03
    price $140,000
  35. 2021-09-07
    listed $166,999 Active
  36. 2020-04-02
    soldstatus $99,900
  37. 2019-05-31
    soldstatus $40,589 Closed
  38. 2019-05-08
    status Pending
  39. 2019-04-17
    price $44,900
  40. 2019-04-12
    listed $49,900 Active
  41. 1990-06-29
    soldstatus $14,000
  42. 1981-05-26
    soldstatus $26,000

ⓘ 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
$2,535 · $211/mo
Projected year-2 tax
$2,535 · $211/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 3/10 Moderate FEMA zone X (unshaded) · 20% 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,324
− Mortgage interest
−$6,828
− Property taxes
−$2,535
− Insurance
−$610
− Repairs & maintenance
−$1,946
− Management
−$1,946
− Depreciation
−$3,546
Taxable income
$6,913
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,659
After-tax cash flow
$6,741/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)
32,977
Household income
$91,842
Rent vs Own
49.3% rent · 50.7% own
Severe rent burden
1463.0

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 0.63)
Race & ethnicity
White 55% Black 23% Hispanic / Latino 13% Two or more races 6% Asian 4%
Hispanic origin (detail)
Mexican 1% Puerto Rican 1%
Common ancestry
Romanian 5% Lithuanian 2% Italian 2%
Foreign-born
10% · Canada, China
Languages at home
85% English-only · Spanish 9% Other Indo-European 1% 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
▼ -311.43%
Current HPI
284.338
Rent YoY
▼ -1.00%
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

Price history

+368.8% since first listed
29 events — show timeline
  • 2026-05-07 Relisted BRIGHT MLS
  • 2026-04-28 Contingent BRIGHT MLS
  • 2026-01-27 Price Changed $121,900 BRIGHT MLS
  • 2026-01-26 Price Changed $120,900 BRIGHT MLS
  • 2026-01-02 Relisted BRIGHT MLS
  • 2025-12-31 Listing Removed BRIGHT MLS
  • 2025-12-23 Price Changed $124,900 BRIGHT MLS
  • 2025-11-21 Price Changed $129,900 BRIGHT MLS
  • 2025-09-07 Listed $139,000 BRIGHT MLS
  • 2025-08-13 Listing Removed BRIGHT MLS
  • 2025-07-24 Relisted BRIGHT MLS
  • 2025-05-19 Listing Removed BRIGHT MLS
  • 2025-03-04 Price Changed $142,000 BRIGHT MLS
  • 2025-01-24 Price Changed $157,500 BRIGHT MLS
  • 2025-01-13 Relisted BRIGHT MLS
  • 2025-01-08 Contingent BRIGHT MLS
  • 2024-12-11 Listed $162,500 BRIGHT MLS
  • 2024-10-20 Rental Removed $1,400 APPFOLIO
  • 2024-09-12 Listed for Rent $1,400 APPFOLIO
  • 2022-01-12 Listing Removed BRIGHT MLS
  • 2021-11-03 Price Changed $140,000 BRIGHT MLS
  • 2021-09-07 Listed $166,999 BRIGHT MLS
  • 2020-04-02 Sold (Public Records) $99,900 Public Records
  • 2019-05-31 Sold (MLS) $40,589 BRIGHT MLS
  • 2019-05-08 Pending BRIGHT MLS
  • 2019-04-17 Price Changed $44,900 BRIGHT MLS
  • 2019-04-12 Listed $49,900 BRIGHT MLS
  • 1990-06-29 Sold (Public Records) $14,000 Public Records
  • 1981-05-26 Sold (Public Records) $26,000 Public Records

Property tax history

+3.4%/yr

Latest (2025): $2,535 · +14.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…