1121 Washington Blvd · Baltimore, MD
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 8/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1898 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 14.4%
- Equity multiple
- 1.56×
- Total profit
- $18,958
- Equity at exit
- $18,176
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $121,900 Active 273 DOM
-
2026-06-17days on market $121,900 Active 272 DOM
-
2026-06-16days on market $121,900 Active 271 DOM
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2026-06-15days on market $121,900 Active 270 DOM
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2026-06-13days on market $121,900 Active 268 DOM
-
2026-06-09days on market $121,900 Active 264 DOM
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2026-06-08days on market $121,900 Active 263 DOM
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2026-06-07days on market $121,900 Active 262 DOM
-
2026-06-04days on market $121,900 Active 259 DOM
-
2026-06-03days on market $121,900 Active 258 DOM
-
2026-06-02days on market $121,900 Active 257 DOM
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2026-06-01days on market $121,900 Active 256 DOM
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2026-05-31days on market $121,900 Active 255 DOM
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2026-05-07status 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!
-
2026-04-28historical 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!
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2026-01-27price $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!
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2026-01-26price $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!
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2026-01-02status 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!
-
2025-12-31historical 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!
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2025-12-23price $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!
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2025-11-21price $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!
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2025-09-07$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!
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2025-08-13historical
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2025-07-24status Active
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2025-05-19historical
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2025-03-04price $142,000
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2025-01-24price $157,500
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2025-01-13status Active
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2025-01-08historical Active Under Contract
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2024-12-11$162,500 Active
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2024-10-20historical $1,400
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2024-09-12$1,400
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2022-01-12historical
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2021-11-03price $140,000
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2021-09-07$166,999 Active
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2020-04-02soldstatus $99,900
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2019-05-31soldstatus $40,589 Closed
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2019-05-08status Pending
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2019-04-17price $44,900
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2019-04-12$49,900 Active
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1990-06-29soldstatus $14,000
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1981-05-26soldstatus $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
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Walkable amenities ~0.75 mi
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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
- 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
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
- 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 |
|---|---|---|
| Aerospace / Defense | 1 | $71B |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
|
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| Chemicals | 1 | $2B |
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Price history
+368.8% since first listed29 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%/yrLatest (2025): $2,535 · +14.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…