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3721 Mount Pleasant Ave
C+ Composite 61.08
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.1/10.0
  • Livability +3.8/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • ARV discount +1.9/15.0
  • Schools +1.0/10.0
  • Appreciation +0.0/10.0

$135,000

3721 Mount Pleasant Ave · Baltimore, MD 21224
2 bd · 1.0 ba · 768 sqft · Townhouse public records · 302 Days on market
Built 1922 1,128 sqft lot $176/sqft · 12% above area Est $120k · 12% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

Key facts

  • Built 1922
  • Listed 302 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath townhouse listed at $135k.

Deal economics

  • At list price, monthly cash flow is $533 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.0% 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); 391 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); 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 $933 of loan paydown is wiped out by about $4k 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 + 1.3% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 302 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 21y ago; this cycle's ask has dropped $45k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1922 — 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 $118,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 302 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 1922 — 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
1.41%
Cap rate
11.03%
Cash-on-cash
16.93%
DSCR
1.75
GRM
5.9

CMA / ARV

ARV (median comp)
$120,007
List price
$135,000
Delta
12.49%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
107 S Dean St 0.03mi 2/1.0 720 (-6%) 0mo $104,000 $144 88
321 S Fagley St 0.20mi 2/1.0 780 (+2%) 12mo $157,000 $201 77
124 N Janney St 0.38mi 2/1.0 792 (+3%) 2mo $63,800 $81 75
228 S Haven St 0.20mi 2/2.5 720 (-6%) 7mo $145,000 $201 68
3612 Mount Pleasant Ave 0.03mi 3/1.5 (+1) 804 (+5%) 19mo $110,000 $137 68
223 Grundy St 0.17mi 2/1.0 864 (+12%) 5mo $150,000 $174 67
1026 S Highland Ave 0.71mi 2/1.5 757 (-1%) 8mo $305,000 $403 56
825 S Decker Ave 0.67mi 2/1.0 748 (-3%) 14mo $215,000 $287 53
805 S Decker Ave 0.65mi 2/1.5 792 (+3%) 15mo $245,000 $309 50
2927 Pulaski Hwy 0.56mi 2/1.0 858 (+12%) 8mo $108,950 $127 47
3022 Hudson St 0.70mi 2/1.0 858 (+12%) 6mo $278,250 $324 42
3009 Fait Ave 0.67mi 2/2.0 880 (+15%) 13mo $255,000 $290 30

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
6.2%
Equity multiple
1.24×
Total profit
$8,956
Equity at exit
$20,129
10-year hold
IRR
14.0%
Equity multiple
2.04×
Total profit
$39,129
Equity at exit
$11,672

Cash invested: $37,800 (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
Just-cause for tenancies > 1 yr.

ZIP-level market 21224

Rents YoY
1.3%
Active inventory
391
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,899 high interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$203 /mo · $2,437/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$399
Net cashflow
$533

Break-even live

Break-even rent $1,224
Max offer price $135,000
Occupancy floor 67%

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
$33,750
Closing costs
$4,050
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
201 S Conkling St Baltimore, MD 1.0 1.0 740 $1,500 $2.03 2d 2 0.10mi
3413 Leverton Ave Baltimore, MD 2.0 1.0 832 $1,000 $1.20 23d 1 0.15mi
223 Grundy St Baltimore, MD 2.0 1.0 864 $1,450 $1.68 23d 1 0.16mi
321 Fagley St Baltimore, MD 2.0 1.0 800 $1,650 $2.06 20d 1 0.21mi
3344 E Baltimore St Unit 2 Baltimore, MD 1.0 1.0 545 $1,250 $2.29 43d 1 0.23mi
400 S Conkling St Unit 3 Baltimore, MD 1.0 1.0 700 $1,700 $2.43 43d 1 0.26mi
3905 Bank St Baltimore, MD 4.0 1.0–3.0 909 $2,350 $2.58 2d 20 0.28mi
400 S Highland Ave Unit 402 Baltimore, MD 2.0 1.0 900 $1,700 $1.89 43d 1 0.31mi
4015 Eastern Ave Unit 2L Baltimore, MD 3.0 2.0 1100 $1,800 $1.64 43d 1 0.35mi
3232 Eastern Ave Baltimore, MD 1.0 1.5 874 $2,260 $2.59 1d 1 0.37mi
3205 Esther Pl Baltimore, MD 2.0 2.0 960 $1,850 $1.93 23d 1 0.38mi
3801 Fleet St Unit 209 Baltimore, MD 1.0 1.5 814 $1,899 $2.33 43d 1 0.39mi
3235 Eastern Ave Unit 2FL Baltimore, MD 1.0 1.0 552 $1,795 $3.25 4d 1 0.40mi
29 N Ellwood Ave Baltimore, MD 3.0 1.5 1100 $2,395 $2.18 23d 1 0.41mi
203 N Ellwood Ave Unit Main Baltimore, MD 2.0 2.0 880 $2,200 $2.50 23d 1 0.48mi
3200 Fait Ave Baltimore, MD 1.0 1.0 800 $1,700 $2.12 1d 1 0.58mi
643 S Potomac St Baltimore, MD 2.0 1.0 785 $1,650 $2.10 43d 1 0.63mi
3610 Dillon St Baltimore, MD 1.0–2.0 1.0–2.0 828 $2,820 $3.41 43d 1 0.63mi
520 N Decker Ave Baltimore, MD 2.0 1.0 1000 $1,650 $1.65 43d 1 0.64mi
825 S Linwood Ave Baltimore, MD 1.0 1.0 1000 $2,150 $2.15 23d 1 0.76mi
415 N Belnord Ave Baltimore, MD 2.0 1.0 1008 $1,300 $1.29 23d 1 0.76mi
127 N Glover St Baltimore, MD 2.0 1.5 1110 $2,100 $1.89 2d 1 0.76mi
1211 S Eaton St Unit 5020 Baltimore, MD 1.0 1.0 832 $2,534 $3.05 43d 1 0.78mi
1211 S Eaton St Unit 5012 Baltimore, MD 1.0 1.0 774 $2,325 $3.00 23d 1 0.78mi
1211 S Eaton St Unit 6012 Baltimore, MD 1.0 1.0 774 $2,554 $3.30 21d 1 0.78mi
1211 S Eaton St Unit 6010 Baltimore, MD 1.0 1.0 774 $2,325 $3.00 21d 1 0.78mi
1211 S Eaton St Unit 7020 Baltimore, MD 1.0 1.0 832 $2,400 $2.88 23d 1 0.78mi
1211 S Eaton St Unit 6046 Baltimore, MD 1.0 1.0 774 $2,325 $3.00 16d 1 0.78mi
1211 S Eaton St Unit 8038 Baltimore, MD 1.0 1.0 1037 $2,475 $2.39 16d 1 0.78mi
1211 S Eaton St Unit 8024 Baltimore, MD 1.0 1.0 627 $2,014 $3.21 43d 1 0.78mi
1211 S Eaton St Unit 8041 Baltimore, MD 1.0 1.0 768 $2,300 $2.99 23d 1 0.78mi
3518 Elliott St Baltimore, MD 3.0 2.5 1036 $2,800 $2.70 17d 1 0.78mi
3850 Boston St Baltimore, MD 2.0 1.0–2.0 854 $3,378 $3.96 2d 22 0.79mi
2608 E Fayette St Unit 1 Baltimore, MD 2.0 1.0 900 $1,700 $1.89 14d 1 0.79mi
531 N Belnord Ave Baltimore, MD 2.0 1.5 1100 $1,700 $1.55 23d 1 0.81mi
3018 O Donnell St Unit 2R Baltimore, MD 1.0 1.0 750 $1,700 $2.27 43d 1 0.82mi
415 N Glover St Baltimore, MD 2.0 2.5 1092 $1,600 $1.47 23d 1 0.83mi
1200 S Conkling St Baltimore, MD 1.0–2.0 1.0–2.0 1085 $2,933 $2.70 1d 16 0.83mi
3700 Toone St Baltimore, MD 1.0–2.0 1.0–2.0 1093 $3,218 $2.94 1d 28 0.84mi
104 N Rose St Baltimore, MD 3.0 2.0 936 $2,500 $2.67 43d 1 0.84mi

Listing history 40 events

  1. 2026-06-18
    days on market $135,000 Active 302 DOM
  2. 2026-06-17
    days on market $135,000 Active 301 DOM
  3. 2026-06-16
    days on market $135,000 Active 300 DOM
  4. 2026-06-15
    days on market $135,000 Active 299 DOM
  5. 2026-06-13
    days on market $135,000 Active 297 DOM
  6. 2026-06-09
    days on market $135,000 Active 293 DOM
  7. 2026-06-08
    days on market $135,000 Active 292 DOM
  8. 2026-06-07
    days on market $135,000 Active 291 DOM
  9. 2026-06-04
    days on market $135,000 Active 288 DOM
  10. 2026-06-03
    days on market $135,000 Active 287 DOM
  11. 2026-06-02
    days on market $135,000 Active 286 DOM
  12. 2026-06-01
    days on market $135,000 Active 285 DOM
  13. 2026-05-31
    days on market $135,000 Active 284 DOM
  14. 2026-04-21
    status Active 993-char remark
    Show marketing remark (993 chars)

    Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

  15. 2026-04-01
    status Pending 993-char remark
    Show marketing remark (993 chars)

    Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

  16. 2025-10-14
    price $135,000 993-char remark
    Show marketing remark (993 chars)

    Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

  17. 2025-08-01
    listed $179,990 Active 993-char remark
    Show marketing remark (993 chars)

    Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

  18. 2025-07-31
    historical $179,990 993-char remark
    Show marketing remark (993 chars)

    Welcome to this completely renovated Highlandtown row home nestled on a quiet street in vibrant Baltimore Highlands. Built in 1922 and fully transformed in 2018, this stylish 2‑bedroom, 1‑bath townhouse offers approximately 768 sq ft of turn‑key living with new electrical, plumbing, HVAC, double‑pane windows, and insulated doors for worry‑free ownership . Inside, discover exposed brick walls, gleaming hardwood floors, recessed lighting, and a traditional floor plan with cozy eat‑in kitchen and breakfast area. The modern kitchen shines with stainless steel appliances, white cabinetry, under‑cab lighting, tile backsplash, and granite countertops that connect seamlessly to the fenced-in private patio . Upstairs, two spacious bedrooms and a centrally located full bath deliver comfort and convenience, while the unfinished basement—complete with laundry area and sump pump—provides excellent storage or expansion potential. With on‑street parking, and no HOA! Don't miss out!

  19. 2023-08-10
    soldstatus $170,330
  20. 2023-07-05
    soldstatus $170,330 Closed 591-char remark
    Show marketing remark (591 chars)

    COMPLETELY RENOVATED HIGHLANDTOWN ROWHOME NESTLED ON QUIET STREET - this 5 years young complete renovation offers you worry free living with updated electric, plumbing, hvac and so much more for less than renting! Inside you will find exposed brick, hardwood floors and a stylish kitchen offering granite countertops, ss appliances, white cabinetry, under cabinet lighting and tile backsplash leading to your private fenced in patio. Two bedrooms and centrally located full bath upstairs and laundry area in the unfinished basement great for additional storage. This is an incredible value!

  21. 2023-05-15
    status Pending 591-char remark
    Show marketing remark (591 chars)

    COMPLETELY RENOVATED HIGHLANDTOWN ROWHOME NESTLED ON QUIET STREET - this 5 years young complete renovation offers you worry free living with updated electric, plumbing, hvac and so much more for less than renting! Inside you will find exposed brick, hardwood floors and a stylish kitchen offering granite countertops, ss appliances, white cabinetry, under cabinet lighting and tile backsplash leading to your private fenced in patio. Two bedrooms and centrally located full bath upstairs and laundry area in the unfinished basement great for additional storage. This is an incredible value!

  22. 2023-05-11
    listed $169,900 Active 591-char remark
    Show marketing remark (591 chars)

    COMPLETELY RENOVATED HIGHLANDTOWN ROWHOME NESTLED ON QUIET STREET - this 5 years young complete renovation offers you worry free living with updated electric, plumbing, hvac and so much more for less than renting! Inside you will find exposed brick, hardwood floors and a stylish kitchen offering granite countertops, ss appliances, white cabinetry, under cabinet lighting and tile backsplash leading to your private fenced in patio. Two bedrooms and centrally located full bath upstairs and laundry area in the unfinished basement great for additional storage. This is an incredible value!

  23. 2019-06-24
    soldstatus $105,000
  24. 2019-05-24
    soldstatus $105,000 Closed
  25. 2019-03-22
    status Pending
  26. 2019-01-28
    price $125,000
  27. 2019-01-16
    price $130,000
  28. 2018-11-24
    listed $129,900 Active
  29. 2018-07-17
    historical
  30. 2018-07-17
    historical Withdrawn
  31. 2018-03-12
    listed $134,900 Active
  32. 2018-03-12
    listed Active
  33. 2008-05-27
    soldstatus $68,000
  34. 2008-05-21
    soldstatus $68,000 Sold
  35. 2008-05-02
    historical
  36. 2008-04-30
    listed $74,900
  37. 2005-12-06
    historical
  38. 2005-06-06
    listed
  39. 1992-05-06
    soldstatus $40,000
  40. 1992-03-20
    soldstatus $25,000

ⓘ 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
$2,437 · $203/mo
Projected year-2 tax
$2,437 · $203/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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,792
− Mortgage interest
−$7,562
− Property taxes
−$2,437
− Insurance
−$675
− Repairs & maintenance
−$1,823
− Management
−$1,823
− Depreciation
−$3,927
Taxable income
$4,544
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,091
After-tax cash flow
$5,308/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

Price history

+440.0% since first listed
27 events — show timeline
  • 2026-04-21 Relisted BRIGHT MLS
  • 2026-04-01 Pending BRIGHT MLS
  • 2025-10-14 Price Changed $135,000 BRIGHT MLS
  • 2025-08-01 Listed $179,990 BRIGHT MLS
  • 2025-07-31 Coming Soon $179,990 BRIGHT MLS
  • 2023-08-10 Sold (Public Records) $170,330 Public Records
  • 2023-07-05 Sold (MLS) $170,330 BRIGHT MLS
  • 2023-05-15 Pending BRIGHT MLS
  • 2023-05-11 Listed $169,900 BRIGHT MLS
  • 2019-06-24 Sold (Public Records) $105,000 Public Records
  • 2019-05-24 Sold (MLS) $105,000 BRIGHT MLS
  • 2019-03-22 Pending BRIGHT MLS
  • 2019-01-28 Price Changed $125,000 BRIGHT MLS
  • 2019-01-16 Price Changed $130,000 BRIGHT MLS
  • 2018-11-24 Listed $129,900 BRIGHT MLS
  • 2018-07-17 Listing Removed BRIGHT MLS
  • 2018-07-17 Delisted MRIS
  • 2018-03-12 Listed MRIS
  • 2018-03-12 Listed $134,900 BRIGHT MLS
  • 2008-05-27 Sold (Public Records) $68,000 Public Records
  • 2008-05-21 Sold (MLS) $68,000 MRIS
  • 2008-05-02 Delisted MRIS
  • 2008-04-30 Listed $74,900 MRIS
  • 2005-12-06 Delisted MRIS
  • 2005-06-06 Listed MRIS
  • 1992-05-06 Sold (Public Records) $40,000 Public Records
  • 1992-03-20 Sold (Public Records) $25,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $2,437 · -5.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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