405 S Newkirk St · Baltimore, MD 21224

$249,990

3 bd · 3.0 ba · 1,855 sqft · Townhouse public records · 272 Days on market

Built 1915 $135/sqft · at area comps Est $253k · at est.

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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 +22.8/30.0
• ARV discount +8.0/15.0
• DSCR +7.3/10.0
• 1% rule +5.7/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

Key facts

• Open floor plan
• Greektown area
• High ceilings

Tags

• GREEKTOWN AREA
• BRICK ROWHOME
• OPEN FLOOR PLAN
• STAINED GLASS WINDOWS
• LUXURY VINYL PLANK FLOORING
• HIGH CEILINGS

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath townhouse listed at $250k.

Deal economics

• At list price, monthly cash flow is $434 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $220k (12.0% below list) — sets the bar for market timing.
• 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 (+1.3%/yr); 393 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• This rent runs 36% of the median local income ($89k/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 $2k of loan paydown is wiped out by about $8k 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 272 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $250k implies a 257% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — 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 $219,991 (12.0% below list)

Questions for the listing agent

1. It's been on market 272 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 1915 — 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: 1.07% ✓
• Cap rate: 8.38%
• Cash-on-cash: 7.45%
• DSCR: 1.33
• GRM: 7.8

CMA / ARV

• ARV (median comp): $252,878
• List price: $249,990
• Delta: -1.14%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
622 Mozart Way	0.35mi	2/3.0 (-1)	1,860 (+0%)	1mo	$405,000	$218	78
341 S Macon St	0.05mi	2/2.0 (-1)	1,625 (-12%)	1mo	$214,900	$132	68
234 S Highland Ave	0.71mi	3/3.5	1,848 (-0%)	0mo	$417,500	$226	64
731 S Conkling St	0.61mi	4/3.5 (+1)	1,836 (-1%)	0mo	$480,000	$261	62
3312 Fleet St	0.72mi	3/3.5	1,917 (+3%)	1mo	$408,000	$213	58
719 S Eaton St	0.53mi	3/3.5	2,029 (+9%)	1mo	$460,000	$227	57
603 S Eaton St	0.49mi	3/2.0	1,648 (-11%)	1mo	$382,500	$232	54
902 Grundy St	0.53mi	3/2.0	1,588 (-14%)	1mo	$352,500	$222	47
808 S Highland Ave	0.75mi	4/3.5 (+1)	1,975 (+6%)	2mo	$565,000	$286	46
3702 Foster Ave	0.55mi	2/2.0 (-1)	1,632 (-12%)	1mo	$339,000	$208	45
708 S Conkling St	0.63mi	4/3.5 (+1)	2,073 (+12%)	0mo	$475,000	$229	44
615 S Clinton St	0.73mi	3/3.5	2,127 (+15%)	1mo	$460,000	$216	39

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: -6.8%
• Equity multiple: 0.75×
• Total profit: $-17,319
• Equity at exit: $37,274

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $2,802
• Equity at exit: $21,615

Cash invested: $69,997 (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 21224

• Rents YoY: 1.3%
• Active inventory: 393
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $2,683 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$270 /mo · $3,239/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$563
• Net cashflow: $434

Break-even live

Break-even rent $2,133

Max offer price $249,990

Occupancy floor 79%

Sensitivity live

Price	-10% $576	-5% $505	+0% $434	+5% $364	+10% $293
Rent	-10% $222	-5% $328	+0% $434	+5% $540	+10% $646
Rate	-1.0pp $560	-0.5pp $498	base $434	+0.5pp $370	+1.0pp $304

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: $62,498
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
410 S Newkirk St Baltimore, MD	2.0	1.5	1330	$1,580	$1.19	44d	1	0.05mi
230 S Newkirk St Baltimore, MD	3.0	3.5	1600	$3,000	$1.88	18d	1	0.11mi
228 S Newkirk St Baltimore, MD	3.0	3.5	1620	$3,000	$1.85	44d	1	0.11mi
224 S Newkirk St Baltimore, MD	3.0	3.5	1600	$3,300	$2.06	21d	1	0.12mi
214 S Newkirk St Unit 214 Baltimore, MD	3.0	5.0	2000	$3,000	$1.50	44d	1	0.13mi
608 Oldham St Baltimore, MD	3.0	3.5	1640	$2,500	$1.52	24d	1	0.15mi
527 S Lehigh St Baltimore, MD	3.0	2.0	1320	$2,325	$1.76	44d	1	0.16mi
133 S Macon St Baltimore, MD	2.0	2.5	1440	$2,400	$1.67	18d	1	0.21mi
523 Rappolla St Baltimore, MD	3.0	2.0	1650	$2,100	$1.27	24d	1	0.21mi
727 S Macon St Baltimore, MD	3.0	2.5	1600	$3,450	$2.16	44d	1	0.24mi
4519 Foster Ave Baltimore, MD	3.0	4.0	1888	$2,950	$1.56	24d	1	0.24mi
4505 Foster Ave Baltimore, MD	3.0	3.0	1376	$2,650	$1.93	24d	1	0.25mi
4500 Fait Ave Baltimore, MD	3.0	3.5	1792	$2,800	$1.56	44d	1	0.30mi
708 Umbra St Baltimore, MD	3.0	1.5	1274	$2,000	$1.57	18d	1	0.37mi
502 S Haven St Baltimore, MD	2.0	2.5	1440	$2,400	$1.67	24d	1	0.37mi
502 S Haven St Baltimore, MD	2.0	2.5	1440	$2,400	$1.67	17d	1	0.37mi
611 Grundy St Baltimore, MD	3.0	2.0	1434	$2,700	$1.88	24d	1	0.42mi
560 Bayview Blvd Baltimore, MD	1.0–3.0	1.0–3.0	1108	$3,372	$3.04	3d	25	0.42mi
3905 Bank St Baltimore, MD	4.0	1.0–3.0	909	$2,820	$3.10	3d	20	0.43mi
4002 Harmony Ct Baltimore, MD	4.0	3.5	2200	$4,000	$1.82	44d	1	0.53mi
115 S Eaton St Baltimore, MD	3.0	2.5	1393	$1,800	$1.29	17d	1	0.55mi
3710 E Pratt St Baltimore, MD	2.0	3.5	1230	$1,900	$1.54	24d	1	0.58mi
301 Cornwall St Baltimore, MD	4.0	2.0	1520	$2,900	$1.91	44d	1	0.63mi
301 Cornwall St Baltimore, MD	4.0	2.0	1520	$2,750	$1.81	11d	1	0.63mi
3703 Hudson St Baltimore, MD	4.0	3.0	1958	$3,350	$1.71	24d	1	0.65mi
335 Drew St Unit 1 Baltimore, MD	2.0	1.0	1460	$1,600	$1.10	24d	1	0.67mi
3502 E Lombard St Baltimore, MD	3.0	2.0	1522	$1,870	$1.23	44d	1	0.69mi
1211 S Eaton St Unit 3035 Baltimore, MD	3.0	2.0	1545	$3,900	$2.52	24d	1	0.70mi
3436 Leverton Ave Baltimore, MD	3.0	3.5	1500	$2,350	$1.57	24d	1	0.70mi
3430 E Baltimore St Baltimore, MD	3.0	2.5	1316	$2,250	$1.71	24d	1	0.74mi
434 Folcroft St Unit A Baltimore, MD	3.0	1.5	1260	$1,500	$1.19	44d	1	0.74mi
3306 Fleet St Baltimore, MD	4.0	3.0	1308	$3,500	$2.68	44d	1	0.75mi
328 Folcroft St Baltimore, MD	3.0	2.0	1460	$2,300	$1.58	24d	1	0.75mi
939 S Baylis St Baltimore, MD	3.0	3.0	1606	$3,500	$2.18	18d	1	0.76mi
822 S Highland Ave Baltimore, MD	4.0	3.0	1508	$3,500	$2.32	22d	1	0.78mi
3700 Toone St Baltimore, MD	1.0–2.0	1.0–2.0	1093	$3,218	$2.94	2d	28	0.79mi
340 Gusryan St Baltimore, MD	3.0	2.0	1300	$2,500	$1.92	44d	1	0.80mi
3245 Fait Ave Baltimore, MD	3.0	2.0	1470	$2,900	$1.97	44d	1	0.81mi
249 S East Ave Baltimore, MD	2.0	2.0	1680	$2,250	$1.34	24d	1	0.83mi
416 Hornel St Unit 2 Baltimore, MD	2.0	1.0	1470	$1,400	$0.95	24d	1	0.84mi

Listing history 30 events

1. 2026-06-21
   days on market $249,990 Active 272 DOM
2. 2026-06-18
   days on market $249,990 Active 269 DOM
3. 2026-06-17
   days on market $249,990 Active 268 DOM
4. 2026-06-16
   days on market $249,990 Active 267 DOM
5. 2026-06-15
   days on market $249,990 Active 266 DOM
6. 2026-06-13
   days on market $249,990 Active 264 DOM
7. 2026-06-09
   days on market $249,990 Active 260 DOM
8. 2026-06-08
   days on market $249,990 Active 259 DOM
9. 2026-06-07
   days on market $249,990 Active 258 DOM
10. 2026-06-04
    days on market $249,990 Active 255 DOM
11. 2026-06-03
    days on market $249,990 Active 254 DOM
12. 2026-06-02
    days on market $249,990 Active 253 DOM
13. 2026-06-01
    days on market $249,990 Active 252 DOM
14. 2026-05-31
    days on market $249,990 Active 251 DOM
15. 2026-05-06
    price $249,990 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

16. 2026-01-19
    price $259,990 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

17. 2026-01-19
    status Active 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

18. 2025-12-11
    historical 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

19. 2025-09-30
    price $269,900 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

20. 2025-08-14
    listed $274,900 Active 1385-char remark

    Show marketing remark (1385 chars)

    Located in the vibrant Greektown area of Baltimore, this beautifully renovated brick rowhome offers the perfect blend of style, comfort, and convenience. Enjoy proximity to Boston Street, shopping, dining, and entertainment of Fells Point and downtown Baltimore, plus easy access to Washington, D. C. via I-95 or Amtrak at Penn Station. Step inside to an open floor plan accented by charming stained glass windows and a soothing neutral color palette. The living room features modern luxury vinyl plank flooring and sets the tone for a sophisticated, tranquil space. High ceilings flow seamlessly into the dining area and continue into the kitchen, where granite counters, a subway tile backsplash, shaker-style cabinetry, stainless steel appliances, and space for an island or table make this a chef’s delight. From here, convenient access to the rear patio creates the ideal setting for indoor-outdoor living. Upstairs, the primary suite is bathed in natural light and boasts a double-door closet, a bay window, and a spa-like en-suite with a double vanity and a marble-inspired walk-in shower. An additional spacious bedroom and full hall bath complete the upper level. The fully finished lower level offers endless possibilities, featuring a generous family room, an additional bedroom with a walk-up to the backyard, and a full bath, perfect for guests or a private retreat.

21. 2025-07-16
    historical
22. 2025-02-03
    listed $274,900 Active
23. 2024-12-29
    historical
24. 2024-07-29
    status Active
25. 2024-04-18
    status Pending
26. 2023-12-29
    listed $289,900 Active
27. 2023-03-23
    historical
28. 2022-09-23
    listed $289,900 Active
29. 2021-02-09
    soldstatus $70,000
30. 1999-03-02
    soldstatus $50,000

ⓘ 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: $3,239 · $270/mo
• Projected year-2 tax: $3,239 · $270/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 ≥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

Taxation est. · year 1

• Rental income: $32,193
• − Mortgage interest: −$14,003
• − Property taxes: −$3,239
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,575
• − Management: −$2,575
• − Depreciation: −$7,272
• Taxable income: $1,277
• Est. tax owed @ 24.0%: −$307
• After-tax cash flow: $4,905/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): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• 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

+400.0% since first listed

16 events — show timeline

• 2026-05-06 Price Changed $249,990 BRIGHT MLS
• 2026-01-19 Price Changed $259,990 BRIGHT MLS
• 2026-01-19 Relisted — BRIGHT MLS
• 2025-12-11 Listing Removed — BRIGHT MLS
• 2025-09-30 Price Changed $269,900 BRIGHT MLS
• 2025-08-14 Listed $274,900 BRIGHT MLS
• 2025-07-16 Listing Removed — BRIGHT MLS
• 2025-02-03 Listed $274,900 BRIGHT MLS
• 2024-12-29 Listing Removed — BRIGHT MLS
• 2024-07-29 Relisted — BRIGHT MLS
• 2024-04-18 Pending — BRIGHT MLS
• 2023-12-29 Listed $289,900 BRIGHT MLS
• 2023-03-23 Listing Removed — BRIGHT MLS
• 2022-09-23 Listed $289,900 BRIGHT MLS
• 2021-02-09 Sold (Public Records) $70,000 Public Records
• 1999-03-02 Sold (Public Records) $50,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $3,239 · +5.0% YoY. Source: county tax records.