3209 Mondawmin Ave · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · 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 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +19.0/30.0
- ARV discount +15.0/15.0
- DSCR +6.0/10.0
- 1% rule +5.3/10.0
- Rent growth +4.0/5.0
- Livability +3.8/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$160,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This charming 1925 townhouse, set to undergo a major renovation in 2025, offers a perfect blend of classic character and modern convenience. With 3 spacious bedrooms and a full bathroom, this home is designed for comfort and functionality. The open floor plan invites natural light, creating a warm and welcoming atmosphere throughout. Step inside to discover beautiful wood floors and cozy carpet in the bedrooms, complemented by upgraded countertops in the kitchen. The formal dining room is perfect for gatherings, while the living area features a delightful fireplace, ideal for cozy evenings. Skylights enhance the space, bringing in additional light and a touch of elegance. The kitchen is equipped with essential appliances, including a dishwasher, microwave, and oven, making meal preparation a breeze. For added convenience, the laundry area is located in the basement, providing ample storage space. Outside, the brick exterior showcases charming bump-outs, adding character to the home. On-street parking ensures easy access, while the surrounding neighborhood offers a sense of community. This property is not just a house; it's a place to create lasting memories. With the upcoming renovations, it presents an incredible opportunity to personalize your living space while enjoying the timeless appeal of a traditional townhouse. Don't miss the chance to make this inviting residence your own! Photos have been virtually enhanced and staged.
Key facts
- Built 1925
- Listed 48 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath townhouse listed at $160k.
Deal economics
- At list price, monthly cash flow is $167 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.5% vs local median 6.0% in Baltimore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
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 (+6.1%/yr); 252 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); lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
- At $1,652/mo this rent would consume 47% 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 $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 48 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 25y 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 $82k; list at $160k implies a 95% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1925 — 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 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.03% ✓
- Cap rate
- 7.55%
- Cash-on-cash
- 4.48%
- DSCR
- 1.20
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $205,364
- List price
- $160,000
- Delta
- -22.09%
- 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 |
|---|---|---|---|---|---|---|---|
| 2305 Poplar Grove St | 0.36mi | 3/2.0 | 1,200 (-5%) | 1mo | $118,000 | $98 | 70 |
| 3004 Brighton St | 0.71mi | 3/1.0 | 1,288 (+2%) | 1mo | $44,000 | $34 | 62 |
| 2801 Presbury St | 0.70mi | 3/1.0 | 1,200 (-5%) | 4mo | $60,000 | $50 | 56 |
| 1625 N Rosedale St | 0.60mi | 3/1.0 | 1,396 (+11%) | 2mo | $36,000 | $26 | 53 |
| 1528 N Ellamont St | 0.68mi | 3/2.5 | 1,328 (+5%) | 1mo | $209,000 | $157 | 52 |
| 3014 Tioga Pkwy | 0.68mi | 3/1.0 | 1,360 (+8%) | 4mo | $180,000 | $132 | 52 |
| 3114 Brighton St | 0.69mi | 3/2.0 | 1,192 (-5%) | 5mo | $95,000 | $80 | 50 |
| 3300 Brighton St | 0.69mi | 2/2.0 (-1) | 1,344 (+7%) | 4mo | $130,000 | $97 | 45 |
| 3411 Liberty Heights Ave | 0.66mi | 3/3.5 | 1,360 (+8%) | 5mo | $258,000 | $190 | 42 |
| 3018 Presstman St | 0.75mi | 4/2.0 (+1) | 1,400 (+11%) | 1mo | $108,000 | $77 | 36 |
| 3020 Brighton St | 0.71mi | 4/2.5 (+1) | 1,406 (+12%) | 2mo | $209,000 | $149 | 35 |
| 2920 Brighton St | 0.73mi | 3/2.5 | 1,440 (+14%) | 2mo | $247,500 | $172 | 35 |
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
- IRR
- -5.8%
- Equity multiple
- 0.78×
- Total profit
- $-9,917
- Equity at exit
- $23,857
- IRR
- 7.4%
- Equity multiple
- 1.64×
- Total profit
- $28,500
- Equity at exit
- $13,834
Cash invested: $44,800 (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 21216
- Rents YoY
- 6.1%
- Active inventory
- 252
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,652 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$232 /mo · $2,788/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$347
- Net cashflow
- $167
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
- $40,000
- Closing costs
- $4,800
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3028 Hanlon Ave Baltimore, MD | 3.0 | 2.0 | 1200 | $1,711 | $1.43 | 24d | 1 | 0.15mi |
| 3017 Poplar Ter Baltimore, MD | 2.0 | 1.0 | 880 | $1,349 | $1.53 | 24d | 1 | 0.22mi |
| 2742 N Rosedale St Baltimore, MD | 3.0 | 1.0 | 1024 | $1,350 | $1.32 | 44d | 2 | 0.22mi |
| 2738 N Longwood St Baltimore, MD | 3.0 | 1.0 | 1024 | $1,399 | $1.37 | 44d | 1 | 0.26mi |
| 3001 Carlisle Ave Baltimore, MD | 3.0 | 1.0 | 1024 | $1,300 | $1.27 | 44d | 1 | 0.27mi |
| 3403 Carlisle Ave Apt 1 Baltimore, MD | 2.0 | 1.0 | 1100 | $1,600 | $1.45 | 11d | 1 | 0.33mi |
| 3514 Clifton Ave Baltimore, MD | 2.0 | 1.0 | 925 | $1,199 | $1.30 | 44d | 1 | 0.40mi |
| 3514 Clifton Ave Unit 21 Baltimore, MD | 2.0 | 1.0 | 925 | $1,150 | $1.24 | 44d | 1 | 0.40mi |
| 2917 Clifton Ave Baltimore, MD | 4.0 | 4.0 | 1700 | $2,150 | $1.26 | 24d | 1 | 0.40mi |
| 2812 Clifton Ave Baltimore, MD | 3.0 | 1.5 | 1650 | $1,850 | $1.12 | 44d | 1 | 0.45mi |
| 3003 W North Ave Baltimore, MD | 1.0–2.0 | 1.0 | 841 | $935 | $1.11 | 2d | 3 | 0.49mi |
| 2103 Chelsea Ter Unit 2 Baltimore, MD | 3.0 | 1.5 | 1500 | $2,100 | $1.40 | 15d | 1 | 0.52mi |
| 2103 Chelsea Ter Unit 1 Baltimore, MD | 2.0 | 2.0 | 1500 | $2,200 | $1.47 | 15d | 1 | 0.52mi |
| 3904 Gwynns Falls Pkwy Baltimore, MD | 3.0 | 2.0 | 1772 | $2,600 | $1.47 | 44d | 1 | 0.54mi |
| 2220 Lyndhurst Ave Unit 1 Baltimore, MD | 2.0 | 1.0 | 900 | $1,175 | $1.31 | 24d | 1 | 0.63mi |
| 3127 Baker St Baltimore, MD | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 44d | 1 | 0.65mi |
| 3709 Nortonia Rd #2 Baltimore, MD | 2.0 | 1.0 | 1289 | $1,450 | $1.12 | 18d | 1 | 0.66mi |
| 1530 N Rosedale St Baltimore, MD | 3.0 | 2.0 | 1641 | $1,895 | $1.15 | 15d | 1 | 0.68mi |
| 3309 Brighton St Baltimore, MD | 3.0 | 1.0 | 1134 | $1,700 | $1.50 | 44d | 1 | 0.70mi |
| 1513 N Ellamont St Baltimore, MD | 3.0 | 1.0 | 1700 | $1,700 | $1.00 | 24d | 1 | 0.71mi |
| 2636 W North Ave Baltimore, MD | 2.0–3.0 | 1.0–2.0 | 975 | $1,475 | $1.51 | 4d | 1 | 0.71mi |
| 3104 Tioga Pkwy Baltimore, MD | 3.0 | 2.0 | 1640 | $2,050 | $1.25 | 22d | 1 | 0.72mi |
| 3003 Presstman St Unit 1 Baltimore, MD | 2.0 | 2.0 | 1450 | $1,400 | $0.97 | 44d | 1 | 0.78mi |
| 3003 Presstman St Unit 2 Baltimore, MD | 2.0 | 1.0 | 1450 | $1,300 | $0.90 | 24d | 1 | 0.78mi |
| 2800 Presstman St Baltimore, MD | 3.0 | 2.5 | 1460 | $1,799 | $1.23 | 24d | 1 | 0.82mi |
| 1402 Poplar Grove St Baltimore, MD | 4.0 | 1.5 | 1540 | $800 | $0.52 | 44d | 1 | 0.85mi |
| 2405 W North Ave Baltimore, MD | 4.0 | 3.0 | 1826 | $1,900 | $1.04 | 4d | 1 | 0.93mi |
| 3508 Grantley Rd Baltimore, MD | 2.0 | 1.0 | 1250 | $1,350 | $1.08 | 24d | 1 | 0.94mi |
| 3238 Westmont Ave Baltimore, MD | 3.0 | 1.0 | 1280 | $1,600 | $1.25 | 44d | 1 | 0.96mi |
| 3204 Sequoia Ave Baltimore, MD | 4.0 | 2.5 | 1791 | $2,600 | $1.45 | 44d | 1 | 0.97mi |
| 2910 Reisterstown Rd Baltimore, MD | 1.0–3.0 | 1.0 | 950 | $1,414 | $1.49 | 15d | 4 | 1.01mi |
| 1617-A Moreland Ave Unit 2nd Flr Baltimore, MD | 2.0 | 1.0 | 1500 | $1,400 | $0.93 | 44d | 1 | 1.01mi |
| 2204 Clifton Ave Baltimore, MD | 3.0 | 1.0 | 1400 | $1,450 | $1.04 | 4d | 1 | 1.01mi |
| 1042 Ellicott Dr Baltimore, MD | 2.0 | 1.0 | 900 | $1,450 | $1.61 | 44d | 1 | 1.01mi |
| 1816 N Bentalou St Baltimore, MD | 3.0 | 2.0 | 1350 | $1,700 | $1.26 | 24d | 1 | 1.03mi |
| 1816 N Bentalou St Baltimore, MD | 3.0 | 2.0 | 1350 | $1,700 | $1.26 | 11d | 1 | 1.03mi |
| 1617 Moreland Ave Baltimore, MD | 2.0 | 1.0 | 900 | $1,450 | $1.61 | 24d | 1 | 1.05mi |
| 2728 Winchester St Baltimore, MD | 3.0 | 1.5 | 1260 | $1,800 | $1.43 | 3d | 1 | 1.05mi |
| 4309 Norfolk Ave Unit 1st Floor Baltimore, MD | 2.0 | 1.0 | 1470 | $1,500 | $1.02 | 11d | 1 | 1.09mi |
| 2806 Riggs Ave Baltimore, MD | 3.0 | 2.5 | 1412 | $1,900 | $1.35 | 3d | 1 | 1.09mi |
Listing history 38 events
-
2026-06-18days on market $160,000 Active 48 DOM
-
2026-06-17days on market $160,000 Active 47 DOM
-
2026-06-16days on market $160,000 Active 46 DOM
-
2026-06-15days on market $160,000 Active 45 DOM
-
2026-06-13days on market $160,000 Active 43 DOM
-
2026-06-09days on market $160,000 Active 39 DOM
-
2026-06-08days on market $160,000 Active 38 DOM
-
2026-06-07days on market $160,000 Active 37 DOM
-
2026-06-04days on market $160,000 Active 34 DOM
-
2026-06-03days on market $160,000 Active 33 DOM
-
2026-06-02days on market $160,000 Active 32 DOM
-
2026-06-01days on market $160,000 Active 31 DOM
-
2026-05-31days on market $160,000 Active 30 DOM
-
2026-05-08status Active 1453-char remark
Show marketing remark (1453 chars)
This charming 1925 townhouse, set to undergo a major renovation in 2025, offers a perfect blend of classic character and modern convenience. With 3 spacious bedrooms and a full bathroom, this home is designed for comfort and functionality. The open floor plan invites natural light, creating a warm and welcoming atmosphere throughout. Step inside to discover beautiful wood floors and cozy carpet in the bedrooms, complemented by upgraded countertops in the kitchen. The formal dining room is perfect for gatherings, while the living area features a delightful fireplace, ideal for cozy evenings. Skylights enhance the space, bringing in additional light and a touch of elegance. The kitchen is equipped with essential appliances, including a dishwasher, microwave, and oven, making meal preparation a breeze. For added convenience, the laundry area is located in the basement, providing ample storage space. Outside, the brick exterior showcases charming bump-outs, adding character to the home. On-street parking ensures easy access, while the surrounding neighborhood offers a sense of community. This property is not just a house; it's a place to create lasting memories. With the upcoming renovations, it presents an incredible opportunity to personalize your living space while enjoying the timeless appeal of a traditional townhouse. Don't miss the chance to make this inviting residence your own! Photos have been virtually enhanced and staged.
-
2026-05-08historical 1453-char remark
Show marketing remark (1453 chars)
This charming 1925 townhouse, set to undergo a major renovation in 2025, offers a perfect blend of classic character and modern convenience. With 3 spacious bedrooms and a full bathroom, this home is designed for comfort and functionality. The open floor plan invites natural light, creating a warm and welcoming atmosphere throughout. Step inside to discover beautiful wood floors and cozy carpet in the bedrooms, complemented by upgraded countertops in the kitchen. The formal dining room is perfect for gatherings, while the living area features a delightful fireplace, ideal for cozy evenings. Skylights enhance the space, bringing in additional light and a touch of elegance. The kitchen is equipped with essential appliances, including a dishwasher, microwave, and oven, making meal preparation a breeze. For added convenience, the laundry area is located in the basement, providing ample storage space. Outside, the brick exterior showcases charming bump-outs, adding character to the home. On-street parking ensures easy access, while the surrounding neighborhood offers a sense of community. This property is not just a house; it's a place to create lasting memories. With the upcoming renovations, it presents an incredible opportunity to personalize your living space while enjoying the timeless appeal of a traditional townhouse. Don't miss the chance to make this inviting residence your own! Photos have been virtually enhanced and staged.
-
2026-05-02$160,000 Active 1453-char remark
Show marketing remark (1453 chars)
This charming 1925 townhouse, set to undergo a major renovation in 2025, offers a perfect blend of classic character and modern convenience. With 3 spacious bedrooms and a full bathroom, this home is designed for comfort and functionality. The open floor plan invites natural light, creating a warm and welcoming atmosphere throughout. Step inside to discover beautiful wood floors and cozy carpet in the bedrooms, complemented by upgraded countertops in the kitchen. The formal dining room is perfect for gatherings, while the living area features a delightful fireplace, ideal for cozy evenings. Skylights enhance the space, bringing in additional light and a touch of elegance. The kitchen is equipped with essential appliances, including a dishwasher, microwave, and oven, making meal preparation a breeze. For added convenience, the laundry area is located in the basement, providing ample storage space. Outside, the brick exterior showcases charming bump-outs, adding character to the home. On-street parking ensures easy access, while the surrounding neighborhood offers a sense of community. This property is not just a house; it's a place to create lasting memories. With the upcoming renovations, it presents an incredible opportunity to personalize your living space while enjoying the timeless appeal of a traditional townhouse. Don't miss the chance to make this inviting residence your own! Photos have been virtually enhanced and staged.
-
2026-04-21historical $160,000 1453-char remark
Show marketing remark (1453 chars)
This charming 1925 townhouse, set to undergo a major renovation in 2025, offers a perfect blend of classic character and modern convenience. With 3 spacious bedrooms and a full bathroom, this home is designed for comfort and functionality. The open floor plan invites natural light, creating a warm and welcoming atmosphere throughout. Step inside to discover beautiful wood floors and cozy carpet in the bedrooms, complemented by upgraded countertops in the kitchen. The formal dining room is perfect for gatherings, while the living area features a delightful fireplace, ideal for cozy evenings. Skylights enhance the space, bringing in additional light and a touch of elegance. The kitchen is equipped with essential appliances, including a dishwasher, microwave, and oven, making meal preparation a breeze. For added convenience, the laundry area is located in the basement, providing ample storage space. Outside, the brick exterior showcases charming bump-outs, adding character to the home. On-street parking ensures easy access, while the surrounding neighborhood offers a sense of community. This property is not just a house; it's a place to create lasting memories. With the upcoming renovations, it presents an incredible opportunity to personalize your living space while enjoying the timeless appeal of a traditional townhouse. Don't miss the chance to make this inviting residence your own! Photos have been virtually enhanced and staged.
-
2020-09-08historical
-
2020-08-03status Active
-
2020-07-31historical
-
2020-07-19price $116,500
-
2020-07-19status Active
-
2020-06-09historical
-
2020-04-06price $121,300
-
2020-02-21$125,500 Active
-
2007-03-01soldstatus $82,000
-
2006-12-22historical
-
2006-07-21$82,900
-
2005-11-04historical
-
2005-08-31
-
2004-09-30soldstatus $83,000
-
2004-09-17soldstatus $83,000
-
2004-07-22historical
-
2004-07-09$85,000
-
2003-08-20soldstatus $23,233
-
2003-06-02historical
-
2001-11-16$23,000
-
1980-09-26soldstatus $28,500
ⓘ 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
- $2,788 · $232/mo
- Projected year-2 tax
- $2,788 · $232/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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,827
- − Mortgage interest
- −$8,962
- − Property taxes
- −$2,788
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,586
- − Management
- −$1,586
- − Depreciation
- −$4,655
- Taxable loss
- −$550
- Est. tax savings @ 24.0%
- +$132
- After-tax cash flow
- $2,139/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)
- 29,426
- Household income
- $42,031
- Rent vs 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 |
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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
+461.4% since first listed25 events — show timeline
- 2026-05-08 Relisted — BRIGHT MLS
- 2026-05-08 Listing Removed — BRIGHT MLS
- 2026-05-02 Listed $160,000 BRIGHT MLS
- 2026-04-21 Coming Soon $160,000 BRIGHT MLS
- 2020-09-08 Listing Removed — BRIGHT MLS
- 2020-08-03 Relisted — BRIGHT MLS
- 2020-07-31 Listing Removed — BRIGHT MLS
- 2020-07-19 Price Changed $116,500 BRIGHT MLS
- 2020-07-19 Relisted — BRIGHT MLS
- 2020-06-09 Listing Removed — BRIGHT MLS
- 2020-04-06 Price Changed $121,300 BRIGHT MLS
- 2020-02-21 Listed $125,500 BRIGHT MLS
- 2007-03-01 Sold (MLS) $82,000 MRIS
- 2006-12-22 Delisted — MRIS
- 2006-07-21 Listed $82,900 MRIS
- 2005-11-04 Delisted — MRIS
- 2005-08-31 Listed — MRIS
- 2004-09-30 Sold (Public Records) $83,000 Public Records
- 2004-09-17 Sold (MLS) $83,000 MRIS
- 2004-07-22 Delisted — MRIS
- 2004-07-09 Listed $85,000 MRIS
- 2003-08-20 Sold (MLS) $23,233 MRIS
- 2003-06-02 Delisted — MRIS
- 2001-11-16 Listed $23,000 MRIS
- 1980-09-26 Sold (Public Records) $28,500 Public Records
Property tax history
+2.8%/yrLatest (2025): $2,788 · +8.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…