2119 Ashburton St · Baltimore, MD 21216

$209,000

4 bd · 2.5 ba · 512 sqft · Townhouse public records · 107 Days on market

Built 1960 $408/sqft · 64% above area

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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 +16.1/30.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• 1% rule +3.5/10.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming Baltimore rowhome located on Ashburton Street, offering classic city character combined with comfortable living. This inviting property presents a wonderful opportunity for homeowners or investors looking for value in a convenient and established Baltimore neighborhood. Step inside to find a bright and spacious main living area with an open flow between the living and dining spaces, creating a welcoming environment for everyday living and entertaining. The home features generously sized bedrooms and a functional kitchen with ample cabinet space, providing both comfort and practicality. The upper level offers well-proportioned bedrooms filled with natural light and a full bath. Additional space in the lower level provides flexibility for storage, recreation, or future finishing possibilities. Conveniently located near parks, schools, shopping, public transportation, and major commuter routes, this home offers easy access to downtown Baltimore and surrounding areas, making commuting and city living simple. Schedule your showing today to see all this home has to offer.

Key facts

• Functional kitchen
• Baltimore rowhome
• Ample cabinet space

Tags

• BALTIMORE ROWHOME
• ASHBURTON STREET
• FUNCTIONAL KITCHEN
• AMPLE CABINET SPACE
• WELL-PROPORTIONED BEDROOMS
• FILLED WITH NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath townhouse listed at $209k.

Deal economics

• At list price, monthly cash flow is $106 ($1k/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 $177k (15.4% below list).
• Recommended offer: $177k (15.4% 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); Vanguard Collegiate Middle (math 3% / reading 15%, grade F, #212 of 225 statewide, top 95%, 343 students, 84% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL).
• Zoned-school proficiency averages 32% at this address vs 12% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+6.1%/yr); 252 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $1,769/mo this rent would consume 51% of the median local household income ($42k/yr) (locally 2264% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($190k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 19y ago; this cycle's ask has dropped $21k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $106k; list at $209k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $176,917 (15.4% below list)

Questions for the listing agent

1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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. 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?
8. 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.
9. 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.
10. 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: 0.85% ✗
• Cap rate: 6.90%
• Cash-on-cash: 2.18%
• DSCR: 1.10
• GRM: 9.8

CMA / ARV

• ARV (median comp): $127,679
• List price: $209,000
• Delta: 63.69%
• Verdict: OVERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 Ashburton St	0.04mi	3/2.0 (-1)	512 (0%)	12mo	$235,000	$459	81
2112 Koko Ln	0.07mi	3/1.0 (-1)	512 (0%)	6mo	$95,000	$186	80
2137 Koko Ln	0.06mi	3/3.0 (-1)	512 (0%)	13mo	$260,000	$508	79
2121 Braddish Ave	0.06mi	3/1.0 (-1)	512 (0%)	22mo	$81,000	$158	68

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.1% rent growth · sell at horizon

5-year hold

• IRR: -9.8%
• Equity multiple: 0.63×
• Total profit: $-21,462
• Equity at exit: $31,163

10-year hold

• IRR: 3.1%
• Equity multiple: 1.25×
• Total profit: $14,654
• Equity at exit: $18,071

Cash invested: $58,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21216

• Rents YoY: 6.1%
• Active inventory: 252
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,769 medium
• Mortgage (P&I): −$1,096
• Tax from tax record: −$108 /mo · $1,297/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $106

Break-even live

Break-even rent $1,634

Max offer price $209,000

Occupancy floor 89%

Sensitivity live

Price	-10% $225	-5% $166	+0% $106	+5% $47	+10% $-12
Rent	-10% $-33	-5% $37	+0% $106	+5% $176	+10% $246
Rate	-1.0pp $212	-0.5pp $160	base $106	+0.5pp $52	+1.0pp $-3

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2910 Reisterstown Rd Baltimore, MD	1.0–3.0	1.0	950	$1,414	$1.49	16d	4	0.75mi
2614 Pennsylvania Ave Baltimore, MD	1.0–3.0	1.0–2.0	982	$1,141	$1.16	6d	4	0.94mi

Listing history 41 events

1. 2026-06-21
   days on market $209,000 Active 107 DOM
2. 2026-06-18
   days on market $209,000 Active 104 DOM
3. 2026-06-17
   days on market $209,000 Active 103 DOM
4. 2026-06-16
   days on market $209,000 Active 102 DOM
5. 2026-06-15
   days on market $209,000 Active 101 DOM
6. 2026-06-13
   days on market $209,000 Active 99 DOM
7. 2026-06-09
   days on market $209,000 Active 95 DOM
8. 2026-06-08
   days on market $209,000 Active 94 DOM
9. 2026-06-07
   days on market $209,000 Active 93 DOM
10. 2026-06-04
    days on market $209,000 Active 90 DOM
11. 2026-06-03
    days on market $209,000 Active 89 DOM
12. 2026-06-02
    days on market $209,000 Active 88 DOM
13. 2026-06-01
    days on market $209,000 Active 87 DOM
14. 2026-05-31
    days on market $209,000 Active 86 DOM
15. 2026-05-19
    price $209,000 1107-char remark

    Show marketing remark (1107 chars)

    Welcome to this charming Baltimore rowhome located on Ashburton Street, offering classic city character combined with comfortable living. This inviting property presents a wonderful opportunity for homeowners or investors looking for value in a convenient and established Baltimore neighborhood. Step inside to find a bright and spacious main living area with an open flow between the living and dining spaces, creating a welcoming environment for everyday living and entertaining. The home features generously sized bedrooms and a functional kitchen with ample cabinet space, providing both comfort and practicality. The upper level offers well-proportioned bedrooms filled with natural light and a full bath. Additional space in the lower level provides flexibility for storage, recreation, or future finishing possibilities. Conveniently located near parks, schools, shopping, public transportation, and major commuter routes, this home offers easy access to downtown Baltimore and surrounding areas, making commuting and city living simple. Schedule your showing today to see all this home has to offer.

16. 2026-04-15
    price $219,000 1107-char remark

    Show marketing remark (1107 chars)

    Welcome to this charming Baltimore rowhome located on Ashburton Street, offering classic city character combined with comfortable living. This inviting property presents a wonderful opportunity for homeowners or investors looking for value in a convenient and established Baltimore neighborhood. Step inside to find a bright and spacious main living area with an open flow between the living and dining spaces, creating a welcoming environment for everyday living and entertaining. The home features generously sized bedrooms and a functional kitchen with ample cabinet space, providing both comfort and practicality. The upper level offers well-proportioned bedrooms filled with natural light and a full bath. Additional space in the lower level provides flexibility for storage, recreation, or future finishing possibilities. Conveniently located near parks, schools, shopping, public transportation, and major commuter routes, this home offers easy access to downtown Baltimore and surrounding areas, making commuting and city living simple. Schedule your showing today to see all this home has to offer.

17. 2026-03-06
    listed $229,900 Active 1107-char remark

    Show marketing remark (1107 chars)

    Welcome to this charming Baltimore rowhome located on Ashburton Street, offering classic city character combined with comfortable living. This inviting property presents a wonderful opportunity for homeowners or investors looking for value in a convenient and established Baltimore neighborhood. Step inside to find a bright and spacious main living area with an open flow between the living and dining spaces, creating a welcoming environment for everyday living and entertaining. The home features generously sized bedrooms and a functional kitchen with ample cabinet space, providing both comfort and practicality. The upper level offers well-proportioned bedrooms filled with natural light and a full bath. Additional space in the lower level provides flexibility for storage, recreation, or future finishing possibilities. Conveniently located near parks, schools, shopping, public transportation, and major commuter routes, this home offers easy access to downtown Baltimore and surrounding areas, making commuting and city living simple. Schedule your showing today to see all this home has to offer.

18. 2025-10-23
    soldstatus $106,000
19. 2025-10-03
    soldstatus $106,000 Closed 239-char remark

    Show marketing remark (239 chars)

    SHORT SALE * * Home needs full renovation * * Being sold as-is and subject to third-party approval. The property may not be in broom-swept condition upon closing. Many items may convey with sale. Hold Harmless required to see property.

20. 2025-03-06
    status Pending 239-char remark

    Show marketing remark (239 chars)

    SHORT SALE * * Home needs full renovation * * Being sold as-is and subject to third-party approval. The property may not be in broom-swept condition upon closing. Many items may convey with sale. Hold Harmless required to see property.

21. 2025-02-14
    listed $165,000 Active 239-char remark

    Show marketing remark (239 chars)

    SHORT SALE * * Home needs full renovation * * Being sold as-is and subject to third-party approval. The property may not be in broom-swept condition upon closing. Many items may convey with sale. Hold Harmless required to see property.

22. 2010-01-20
    soldstatus $130,000
23. 2009-12-01
    soldstatus $130,000 Sold
24. 2009-12-01
    soldstatus $130,000
25. 2009-10-29
    status Contract
26. 2009-10-07
    historical
27. 2009-10-06
    historical
28. 2009-09-24
    listed $135,000
29. 2009-09-24
    listed $135,000 Active
30. 2009-04-15
    soldstatus $45,100 Sold
31. 2009-03-16
    historical
32. 2009-02-01
    price $39,900
33. 2009-02-01
    status
34. 2008-12-01
    historical
35. 2008-09-12
    price $47,900
36. 2008-09-12
    status
37. 2008-06-22
    historical
38. 2008-03-27
    price $69,900
39. 2008-02-27
    price $74,900
40. 2007-10-12
    price $79,900
41. 2007-09-04
    listed $95,000

ⓘ 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: $1,297 · $108/mo
• Projected year-2 tax: $1,787 · $149/mo
• Expected delta: +$491/yr (+$41/mo · 37.9%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 69% 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 6/10 Major 27% 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: $21,230
• − Mortgage interest: −$11,707
• − Property taxes: −$1,297
• − Insurance: −$1,045
• − Repairs & maintenance: −$1,698
• − Management: −$1,698
• − Depreciation: −$6,080
• Taxable loss: −$2,296
• Est. tax savings @ 24.0%: +$551
• After-tax cash flow: $1,829/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 29,426
• Household income: $42,031
• Rent vs Own: 49.8% rent · 50.2% own
• Severe rent burden: 2264.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (91%)
• Race & ethnicity: Black 91% Hispanic / Latino 4% Two or more races 3% White 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -107.42%
• Current HPI: 164.3933
• Rent YoY: ▲ 6.10%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+120.0% since first listed

27 events — show timeline

• 2026-05-19 Price Changed $209,000 BRIGHT MLS
• 2026-04-15 Price Changed $219,000 BRIGHT MLS
• 2026-03-06 Listed $229,900 BRIGHT MLS
• 2025-10-23 Sold (Public Records) $106,000 Public Records
• 2025-10-03 Sold (MLS) $106,000 BRIGHT MLS
• 2025-03-06 Pending — BRIGHT MLS
• 2025-02-14 Listed $165,000 BRIGHT MLS
• 2010-01-20 Sold (Public Records) $130,000 Public Records
• 2009-12-01 Sold (MLS) $130,000 BRIGHT MLS
• 2009-12-01 Sold (MLS) $130,000 MRIS
• 2009-10-29 Pending — MRIS
• 2009-10-07 Delisted — MRIS
• 2009-10-06 Listing Removed — BRIGHT MLS
• 2009-09-24 Listed $135,000 BRIGHT MLS
• 2009-09-24 Listed $135,000 MRIS
• 2009-04-15 Sold (MLS) $45,100 MRIS
• 2009-03-16 Delisted — MRIS
• 2009-02-01 Relisted — MRIS
• 2009-02-01 Price Changed $39,900 MRIS
• 2008-12-01 Delisted — MRIS
• 2008-09-12 Price Changed $47,900 MRIS
• 2008-09-12 Relisted — MRIS
• 2008-06-22 Delisted — MRIS
• 2008-03-27 Price Changed $69,900 MRIS
• 2008-02-27 Price Changed $74,900 MRIS
• 2007-10-12 Price Changed $79,900 MRIS
• 2007-09-04 Listed $95,000 MRIS

Property tax history

-0.3%/yr

Latest (2025): $1,297 · +13.1% YoY. Source: county tax records.