117 Bloomsberry St · Baltimore, MD 21230

$179,900

2 bd · 1.0 ba · 888 sqft · Townhouse public records · 25 Days on market

Built 1920 888 sqft lot $203/sqft · 35% below area Est $276k · 35% 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 +26.0/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +7.6/10.0
• 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

Listing remarks

This classic Federal-style brick rowhome has been thoughtfully refreshed and is ready for you to move right in. Key Highlights: Fresh & Modern: The entire home boasts fresh interior paint and brand-new Luxury Vinyl Plank (LVP) flooring throughout, offering a seamless, durable, and stylish aesthetic. Sun-Drenched Living: Large windows flood the home with natural light, particularly the spacious primary bedroom and the cozy main living area. Versatile Layout: Features 2 bedrooms plus a flexible second-floor den—perfect for a home office, nursery, or creative studio. Recent Upgrades: Peace of mind comes standard with a new roof (2024) and a brand-new front-loading dryer (2024). Bon

Key facts

• Built 1920
• Listed 24 days

Property features AI

Finance

• Other: Finished above-grade area reported; Annual taxes and assessed values available (financial details excluded per instructions)
• Financial info: Ground rent exists ($12, semi-annually); Total actual rent reported: $22,200; Ownership interest: Ground rent; Property condition: Good

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Interior townhouse / rowhouse; Three total levels; Flat roof
• Construction: Brick construction; Concrete perimeter foundation; Estimated year built
• Exterior features: In city limits (Baltimore City); Not in a federal flood zone; Above grade and below grade structures

Interior

• Kitchen: Oven/Range - Gas; Refrigerator
• Bedrooms: Two bedrooms on the first upper level; Bedroom 1; Bedroom 2
• Flooring: Laminate plank flooring
• Bathrooms: One full bathroom (all upper levels)
• Heating & cooling: Forced air heating (natural gas); Central A/C with ceiling fan(s)
• Interior features: Brick and drywall walls/ceilings; Unfinished basement with windows; Living room; Dining room; Den; Mud room
• Laundry & utility: Washer in unit; Dryer (gas) in unit; Laundry located in basement and lower floor / has laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $180k.

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 $180k).
• Recommended offer: $177k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.3% 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); 364 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $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

• It's been on market 25 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 9 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 $141k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $177,201 (1.5% below list)

Questions for the listing agent

1. Built in 1920 — 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. 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.
6. 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.
7. 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: 1.26% ✓
• Cap rate: 9.26%
• Cash-on-cash: 10.60%
• DSCR: 1.47
• GRM: 6.6

CMA / ARV

• ARV (median comp): $275,598
• List price: $179,900
• Delta: -34.72%
• 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
1622 Patapsco St	0.14mi	2/1.0	912 (+3%)	3mo	$164,300	$180	87
1720 Byrd St	0.02mi	2/1.5	960 (+8%)	2mo	$275,000	$286	82
1601 Marshall St	0.12mi	2/2.0	936 (+5%)	2mo	$256,000	$274	79
1617 Race St	0.31mi	2/1.5	860 (-3%)	2mo	$265,000	$308	76
139 E Randall St	0.12mi	2/1.0	1,005 (+13%)	2mo	$265,000	$264	71
1526 S Hanover St	0.29mi	2/1.5	960 (+8%)	2mo	$185,000	$193	70
30 E Hamburg St	0.59mi	2/1.0	924 (+4%)	1mo	$210,000	$227	65
911 S Charles St #403	0.64mi	2/2.0	905 (+2%)	1mo	$200,000	$221	62
100 Harborview Dr #1208	0.63mi	1/1.0 (-1)	856 (-4%)	0mo	$165,000	$193	59
608 E Fort Ave	0.39mi	2/2.0	786 (-12%)	2mo	$255,000	$324	57
122 Burnett St	0.43mi	2/2.5	984 (+11%)	1mo	$310,000	$315	55
731 S Hanover St Unit R2	0.75mi	2/1.0	800 (-10%)	0mo	$180,000	$225	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.85×
• Total profit: $-7,362
• Equity at exit: $26,824

10-year hold

• IRR: 1.6%
• Equity multiple: 1.09×
• Total profit: $4,780
• Equity at exit: $15,554

Cash invested: $50,372 (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 21230

• Rents YoY: -1.0%
• Active inventory: 364
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $2,270 high
• Mortgage (P&I): −$943
• Tax from tax record: −$330 /mo · $3,956/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$477
• Net cashflow: $445

Break-even live

Break-even rent $1,706

Max offer price $179,900

Occupancy floor 75%

Sensitivity live

Price	-10% $547	-5% $496	+0% $445	+5% $394	+10% $343
Rent	-10% $266	-5% $355	+0% $445	+5% $535	+10% $624
Rate	-1.0pp $536	-0.5pp $491	base $445	+0.5pp $398	+1.0pp $351

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1702 Light St Unit 302 Baltimore, MD	2.0	2.0	735	$2,300	$3.13	19d	1	0.05mi
1710 Marshall St Baltimore, MD	2.0	1.0	1110	$2,500	$2.25	45d	1	0.07mi
49 E Heath St Baltimore, MD	2.0	1.5	858	$1,800	$2.10	12d	1	0.08mi
103 E Wells St Baltimore, MD	1.0–2.0	1.0	1008	$2,415	$2.39	3d	11	0.15mi
1700 S Charles St Baltimore, MD	1.0	1.0	600	$1,300	$2.17	45d	1	0.17mi
1705 Olive St Baltimore, MD	2.0	2.0	648	$2,500	$3.86	21d	1	0.18mi
1625 Olive St Baltimore, MD	2.0	2.0	672	$2,500	$3.72	45d	1	0.19mi
1503 S Charles St Unit 2 Baltimore, MD	2.0	2.0	1100	$2,375	$2.16	45d	1	0.23mi
1601 S Hanover St Apt 1R Baltimore, MD	2.0	1.0	900	$1,600	$1.78	3d	1	0.23mi
1900 S Hanover St Baltimore, MD	3.0	1.0–2.0	875	$3,119	$3.56	3d	66	0.26mi
1412 Light St Unit 2 Baltimore, MD	1.0	1.0	800	$1,700	$2.12	4d	1	0.27mi
111 W Heath St Baltimore, MD	2.0	1.0–2.5	1263	$2,850	$2.26	4d	7	0.29mi
1290 Battery Ave Baltimore, MD	2.0	2.5	968	$2,900	$3.00	25d	1	0.31mi
1516 Clarkson St Baltimore, MD	2.0	1.5	1050	$1,795	$1.71	25d	1	0.32mi
1265 Riverside Ave Unit 1st Floor Baltimore, MD	1.0	1.0	700	$1,350	$1.93	25d	1	0.34mi
1403 Race St Baltimore, MD	3.0	3.0	1008	$2,200	$2.18	45d	1	0.38mi
1211 Light St Baltimore, MD	2.0	2.0	921	$2,172	$2.36	25d	1	0.39mi
1312 S Hanover St Apt 3 Baltimore, MD	2.0	1.0	750	$2,200	$2.93	45d	1	0.39mi
250 Mission Blvd Baltimore, MD	2.0	1.0–2.0	790	$3,406	$4.31	3d	21	0.40mi
1201 S Charles St Baltimore, MD	2.0–3.0	2.0	1341	$2,200	$1.64	5d	4	0.42mi
126 Burnett St Baltimore, MD	2.0	2.5	984	$2,200	$2.24	25d	1	0.43mi
1125 Light St Baltimore, MD	1.0	1.0	800	$1,300	$1.62	25d	1	0.44mi
2450 Rye St Baltimore, MD	2.0	1.0–2.0	926	$3,789	$4.09	3d	31	0.45mi
803 E Fort Ave Unit 1 Baltimore, MD	2.0	1.0	1100	$2,300	$2.09	5d	1	0.47mi
1111 Light St Baltimore, MD	2.0	1.0–2.0	982	$2,449	$2.49	5d	13	0.49mi
1110 Key Hwy Baltimore, MD	1.0–2.0	1.0–2.5	1197	$3,696	$3.09	3d	33	0.51mi
400 E Cross St Baltimore, MD	1.0	1.0	900	$1,400	$1.56	25d	1	0.53mi
101 W Cross St Baltimore, MD	2.0	1.0–2.0	937	$3,332	$3.55	3d	23	0.53mi
1026 Patapsco St Baltimore, MD	2.0	2.0	1008	$2,100	$2.08	25d	1	0.54mi
23 Pierside Dr Baltimore, MD	1.0–2.0	1.0–2.0	985	$3,050	$3.10	17d	3	0.56mi
23 Pierside Dr Baltimore, MD	1.0–2.0	1.0–2.0	975	$3,050	$3.13	45d	1	0.56mi
2500 Insulator Dr Baltimore, MD	3.0	1.0–2.0	988	$3,816	$3.86	3d	152	0.57mi
1001 Light St Fl -2 Baltimore, MD	1.0	1.0	861	$1,350	$1.57	25d	1	0.57mi
1001 Light St Fl -3 Baltimore, MD	2.0	1.0	861	$1,350	$1.57	25d	1	0.57mi
900 E Fort Ave Baltimore, MD	2.0	1.0–2.0	836	$3,684	$4.40	3d	18	0.59mi
301 Warren Ave Baltimore, MD	1.0–3.0	1.0–2.5	1533	$2,896	$1.89	3d	9	0.61mi
910 S Charles St Unit B Baltimore, MD	2.0	1.0	700	$1,700	$2.43	19d	1	0.63mi
1 E Montgomery St Unit 7 Baltimore, MD	1.0	1.0	535	$1,950	$3.64	45d	1	0.70mi
611 S Charles St Baltimore, MD	2.0	1.0–2.0	823	$2,905	$3.53	3d	8	0.80mi
3 Andrew Pl Unit R98 Baltimore, MD	2.0	2.0	975	$2,100	$2.15	13d	1	0.93mi

Listing history 37 events

1. 2026-06-21
   days on market $179,900 Active 25 DOM
2. 2026-06-18
   days on market $179,900 Active 22 DOM
3. 2026-06-17
   days on market $179,900 Active 21 DOM
4. 2026-06-16
   days on market $179,900 Active 20 DOM
5. 2026-06-15
   days on market $179,900 Active 19 DOM
6. 2026-06-13
   days on market $179,900 Active 17 DOM
7. 2026-06-09
   days on market $179,900 Active 13 DOM
8. 2026-06-08
   days on market $179,900 Active 12 DOM
9. 2026-06-07
   days on market $179,900 Active 11 DOM
10. 2026-06-04
    pricestatusdays on market $179,900 Active 8 DOM
11. 2026-05-15
    listed $174,900 Active 1235-char remark
12. 2026-05-09
    historical $174,900 1235-char remark
13. 2026-04-04
    historical
14. 2026-03-25
    price $159,900
15. 2026-03-11
    price $164,900
16. 2026-02-06
    price $169,900
17. 2026-01-23
    listed $175,000 Active
18. 2025-11-08
    historical
19. 2025-11-04
    price $185,000
20. 2025-07-15
    listed $90,000 Active
21. 2024-11-11
    historical
22. 2024-09-26
    price $185,000
23. 2024-08-21
    listed $190,000 Active
24. 2022-09-26
    soldstatus $141,000
25. 2022-08-18
    soldstatus $141,000 Closed
26. 2022-07-21
    status Pending
27. 2022-07-11
    price $157,000
28. 2022-07-02
    status Active
29. 2022-06-21
    status Pending
30. 2022-06-07
    price $165,000
31. 2022-04-27
    listed $175,000 Active
32. 1998-01-21
    soldstatus $37,900
33. 1997-12-30
    soldstatus $37,900
34. 1997-11-01
    historical
35. 1997-08-14
    listed $37,900
36. 1997-07-30
    historical
37. 1997-01-24
    listed

ⓘ 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: $3,956 · $330/mo
• Projected year-2 tax: $3,956 · $330/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,236
• − Mortgage interest: −$10,077
• − Property taxes: −$3,956
• − Insurance: −$900
• − Repairs & maintenance: −$2,179
• − Management: −$2,179
• − Depreciation: −$5,233
• Taxable income: $2,712
• Est. tax owed @ 24.0%: −$651
• After-tax cash flow: $4,689/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
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+374.7% since first listed

30 events — show timeline

• 2026-06-03 Price Changed $179,900 BRIGHT MLS
• 2026-06-03 Relisted — BRIGHT MLS
• 2026-05-21 Contingent — BRIGHT MLS
• 2026-05-15 Listed $174,900 BRIGHT MLS
• 2026-05-09 Coming Soon $174,900 BRIGHT MLS
• 2026-04-04 Listing Removed — BRIGHT MLS
• 2026-03-25 Price Changed $159,900 BRIGHT MLS
• 2026-03-11 Price Changed $164,900 BRIGHT MLS
• 2026-02-06 Price Changed $169,900 BRIGHT MLS
• 2026-01-23 Listed $175,000 BRIGHT MLS
• 2025-11-08 Listing Removed — BRIGHT MLS
• 2025-11-04 Price Changed $185,000 BRIGHT MLS
• 2025-07-15 Listed $90,000 BRIGHT MLS
• 2024-11-11 Listing Removed — BRIGHT MLS
• 2024-09-26 Price Changed $185,000 BRIGHT MLS
• 2024-08-21 Listed $190,000 BRIGHT MLS
• 2022-09-26 Sold (Public Records) $141,000 Public Records
• 2022-08-18 Sold (MLS) $141,000 BRIGHT MLS
• 2022-07-21 Pending — BRIGHT MLS
• 2022-07-11 Price Changed $157,000 BRIGHT MLS
• 2022-07-02 Relisted — BRIGHT MLS
• 2022-06-21 Pending — BRIGHT MLS
• 2022-06-07 Price Changed $165,000 BRIGHT MLS
• 2022-04-27 Listed $175,000 BRIGHT MLS
• 1998-01-21 Sold (Public Records) $37,900 Public Records
• 1997-12-30 Sold (MLS) $37,900 MRIS
• 1997-11-01 Delisted — MRIS
• 1997-08-14 Listed $37,900 MRIS
• 1997-07-30 Delisted — MRIS
• 1997-01-24 Listed — MRIS

Property tax history

+0.6%/yr

Latest (2025): $3,956 · +0.3% YoY. Source: county tax records.