2922 Harview · Baltimore, MD 21234

$189,900

3 bd · 1.0 ba · 1,728 sqft · Townhouse public records · 6 Days on market

Built 1941 3,049 sqft lot Est $276k · 31% under

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Why this score? — see what drove the C+ 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 +22.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.2/10.0
• Rent growth +4.2/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 3 BR home in convenient location! Enjoy a backyard w/ garage and driveway. Hardwood floors and high ceilings, Built in corner hutch and gracious staircase w/ hardwood! Light and airy, replacement windows and much more! Tiled BR, Solid wood paneling in Rec Room. Fabulous workroom. Drafting table will stay. Lots of possibilities! Won't last long!

Key facts

• Solid brick
• Private driveway
• Mini-split systems

Tags

• SOLID BRICK
• HARDWOOD FLOORS
• PRIVATE DRIVEWAY
• DETACHED GARAGE
• FULLY FENCED REAR YARD
• MINI-SPLIT SYSTEMS

Property features AI

Finance

• Other: Ownership is fee simple; Property condition noted as below average; Below-grade finished area of 336 (assessor); Above-grade finished area of 1,392 (assessor)

Exterior

• Parking: Detached garage (front entry) with 1 garage space; Driveway parking for about 3 vehicles; Total of 4 garage/parking spaces
• Utilities: Public water; Public sewer; Electric service for cooling, heating fuel listed as electric/other
• Home design: Semi-detached home; Above-grade and below-grade finished space
• Construction: Brick construction; Concrete perimeter foundation; Estimated year built
• Exterior features: Lot dimensions approximately 34 x 92

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom (upper level); One half bathroom (lower level)
• Heating & cooling: Radiator heating (electric/other); Ductless/mini-split cooling (electric); Electric hot water
• Interior features: Basement with daylight/partial exposure and connecting stairway; Living area information sourced from assessor

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $190k.

Deal economics

• At list price, monthly cash flow is $335 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Cap rate 8.4% 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 rising fast (+6.7%/yr); 225 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 63% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 30% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $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.
• At projected returns (-3.0% appreciation + 6.7% rent growth), your $53k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 23y 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 $102k; list at $190k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1941 — 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 $189,900

Questions for the listing agent

1. Built in 1941 — 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: 1.12% ✓
• Cap rate: 8.41%
• Cash-on-cash: 7.57%
• DSCR: 1.34
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $276,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2922 Harview	0.00mi	3/1.5	1,728 (0%)	1mo	$190,000	$110	97
2811 Harview Ave	0.14mi	2/1.5 (-1)	1,728 (0%)	10mo	$260,000	$150	78
2901 Harview Ave	0.07mi	3/1.5	1,892 (+10%)	2mo	$280,000	$148	77
2818 Glendale Ave	0.15mi	3/1.0	1,550 (-10%)	6mo	$160,000	$103	71
2717 Kildaire Dr	0.51mi	3/1.5	1,560 (-10%)	2mo	$264,900	$170	56
7603 Daniels Ave	0.41mi	4/2.0 (+1)	1,800 (+4%)	13mo	$290,000	$161	54
6910 Old Harford Rd	0.50mi	3/2.0	1,557 (-10%)	3mo	$208,000	$134	54
3126 Woodring Ave	0.45mi	3/1.0	1,500 (-13%)	5mo	$172,780	$115	53
3155 Woodring Ave	0.52mi	3/2.0	1,650 (-4%)	14mo	$273,000	$165	53
3158 Woodring Ave	0.50mi	3/1.5	1,500 (-13%)	2mo	$239,900	$160	51
3500 Northway Dr	0.75mi	3/2.0	1,800 (+4%)	5mo	$288,500	$160	50
3401 Woodring Ave	0.67mi	4/2.0 (+1)	1,500 (-13%)	11mo	$250,000	$167	29

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 · 6.68% rent growth · sell at horizon

5-year hold

• IRR: -0.6%
• Equity multiple: 0.98×
• Total profit: $-1,236
• Equity at exit: $28,315

10-year hold

• IRR: 12.7%
• Equity multiple: 2.18×
• Total profit: $62,628
• Equity at exit: $16,419

Cash invested: $53,172 (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 21234

• Rents YoY: 6.7%
• Active inventory: 225
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,119 high
• Mortgage (P&I): −$996
• Tax from tax record: −$264 /mo · $3,165/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $335

Break-even live

Break-even rent $1,695

Max offer price $189,900

Occupancy floor 79%

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3108 Glendale Ave Parkville, MD	3.0	3.0	1224	$2,550	$2.08	23d	1	0.19mi
2518 Linwood Rd Parkville, MD	3.0	1.5	1946	$2,200	$1.13	16d	1	0.44mi
3026 Lavender Ave Parkville, MD	2.0	2.0	2000	$1,850	$0.93	23d	1	0.45mi
3158 Woodring Ave Parkville, MD	3.0	1.5	1500	$1,950	$1.30	23d	1	0.50mi
2518 Moore Ave Parkville, MD	4.0	1.5	1896	$2,700	$1.42	43d	1	0.52mi
2528 Wendover Rd Unit a Parkville, MD	2.0	2.0	1704	$1,950	$1.14	43d	1	0.59mi
7839 Birmingham Ave Parkville, MD	3.0	1.0	1136	$1,775	$1.56	43d	1	0.78mi
8204 Old Harford Rd Unit 2 Parkville, MD	2.0	1.0	1146	$1,850	$1.61	43d	1	0.78mi
3412 Fleetwood Ave Baltimore, MD	3.0	2.5	1620	$2,195	$1.35	43d	1	0.79mi
8206 Old Harford Rd Unit 2 Parkville, MD	2.0	1.0	1146	$1,850	$1.61	43d	1	0.79mi
8206 Old Harford Rd Unit 1 Parkville, MD	2.0	1.0	1146	$1,750	$1.53	43d	1	0.79mi
6612 Birchwood Ave Baltimore, MD	3.0	2.0	1122	$2,300	$2.05	19d	1	0.84mi
6410 Walther Ave Baltimore, MD	2.0	1.0–2.0	1195	$1,995	$1.67	43d	7	0.96mi
2804 Christopher Ave Baltimore, MD	3.0	2.5	1280	$2,200	$1.72	23d	1	1.01mi
35-C Mopec Cir Nottingham, MD	2.0	1.0	1100	$1,445	$1.31	2d	10	1.04mi
1629 Wentworth Ave Parkville, MD	3.0	1.5	1152	$1,895	$1.64	43d	1	1.14mi
7202 Sindall Rd Unit 7202 Parkville, MD	3.0	1.0	1350	$1,850	$1.37	43d	1	1.15mi
8503 Kings Ridge Rd Parkville, MD	4.0	2.0	1200	$2,100	$1.75	4d	1	1.16mi
8500 Arry Pl Parkville, MD	3.0	2.5	2100	$2,500	$1.19	43d	1	1.18mi
1376 Halstead Rd Parkville, MD	3.0	1.0	1440	$2,400	$1.67	23d	1	1.24mi
7605 Hillendale Rd Parkville, MD	2.0	1.0	1050	$1,255	$1.20	43d	1	1.25mi
5 Belhaven Dr Nottingham, MD	4.0	1.5	1554	$2,000	$1.29	43d	1	1.40mi
2805 Hamilton Ave Baltimore, MD	4.0	2.0	1416	$2,300	$1.62	43d	1	1.43mi
2106 Cloville Ave Baltimore, MD	3.0	1.5	1080	$1,700	$1.57	43d	1	1.43mi
3617 Double Rock Ln Parkville, MD	3.0	2.5	2000	$2,395	$1.20	4d	1	1.44mi
1329 Taylor Ave Parkville, MD	2.0	1.0	1636	$1,599	$0.98	43d	1	1.49mi
1127 Deanwood Rd Parkville, MD	3.0	2.0	1730	$2,350	$1.36	43d	1	1.50mi

Listing history 7 events

1. 2026-04-29
   status Pending
2. 2026-04-23
   listed $189,900 Active
3. 2004-01-16
   soldstatus $102,000
4. 2003-12-01
   soldstatus $102,000 355-char remark

   Show marketing remark (355 chars)

   Spacious 3 BR home in convenient location! Enjoy a backyard w/ garage and driveway. Hardwood floors and high ceilings, Built in corner hutch and gracious staircase w/ hardwood! Light and airy, replacement windows and much more! Tiled BR, Solid wood paneling in Rec Room. Fabulous workroom. Drafting table will stay. Lots of possibilities! Won't last long!

5. 2003-10-19
   historical 355-char remark

   Show marketing remark (355 chars)

   Spacious 3 BR home in convenient location! Enjoy a backyard w/ garage and driveway. Hardwood floors and high ceilings, Built in corner hutch and gracious staircase w/ hardwood! Light and airy, replacement windows and much more! Tiled BR, Solid wood paneling in Rec Room. Fabulous workroom. Drafting table will stay. Lots of possibilities! Won't last long!

6. 2003-10-15
   listed $103,900 355-char remark

   Show marketing remark (355 chars)

   Spacious 3 BR home in convenient location! Enjoy a backyard w/ garage and driveway. Hardwood floors and high ceilings, Built in corner hutch and gracious staircase w/ hardwood! Light and airy, replacement windows and much more! Tiled BR, Solid wood paneling in Rec Room. Fabulous workroom. Drafting table will stay. Lots of possibilities! Won't last long!

7. 1993-09-23
   soldstatus $75,000

ⓘ 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: $3,165 · $264/mo
• Projected year-2 tax: $3,165 · $264/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°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 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,428
• − Mortgage interest: −$10,637
• − Property taxes: −$3,165
• − Insurance: −$950
• − Repairs & maintenance: −$2,034
• − Management: −$2,034
• − Depreciation: −$5,524
• Taxable income: $1,083
• Est. tax owed @ 24.0%: −$260
• After-tax cash flow: $3,763/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 County · 769,527 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 66,334
• Household income: $83,517
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 2719.0

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 0.58)
• Race & ethnicity: White 58% Black 28% Asian 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Romanian 5% Lithuanian 1% Italian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 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: ▼ -247.04%
• Current HPI: 254.3824
• Rent YoY: ▲ 6.68%
• 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

+153.2% since first listed

7 events — show timeline

• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-23 Listed $189,900 BRIGHT MLS
• 2004-01-16 Sold (Public Records) $102,000 Public Records
• 2003-12-01 Sold (MLS) $102,000 MRIS
• 2003-10-19 Delisted — MRIS
• 2003-10-15 Listed $103,900 MRIS
• 1993-09-23 Sold (Public Records) $75,000 Public Records

Property tax history

-1.1%/yr

Latest (2025): $3,165 · +2.8% YoY. Source: county tax records.