8101 Dukie Ave · Dundalk, MD 21222

$260,000

4 bd · 2.0 ba · 1,557 sqft · SingleFamily public records · 62 Days on market

Built 1924 7,400 sqft lot $167/sqft · 36% below area Est $409k · 36% 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 +16.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• 1% rule +4.4/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tenant occupied income producing 2 unit in Dundalk available now! Unit A 2 bed 1 bath is vacant Unit B 2 bed 1 bath Month to month tenant paying $1300 and gas and electric owner pays water and trash

Key facts

• 7,400 sq ft lot
• Built 1924
• Listed 62 days

🏷️ Possibly a rental listed for sale. The $260,000 price doesn't fit this home's estimated sale value (~$409,050) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $164 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (6.0% below list).
• Recommended offer: $244k (6.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Charlesmont Elementary (math 12% / reading 22%, grade F, #408 of 860 statewide, top 50%, 385 students, 70% FRL); Sparrows Point Middle (math 7% / reading 30%, grade F, #159 of 225 statewide, top 73%, 561 students, 54% FRL); Sparrows Point High (math 18% / reading 53%, grade F, #144 of 222 statewide, top 65%, 1,146 students, 44% FRL) — zoned schools average 56% FRL vs 39% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.1%/yr); 238 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• At $2,443/mo this rent would consume 46% of the median local household income ($64k/yr) (locally 2566% 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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 18y 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 $150k; list at $260k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — 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 $244,303 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.94% ✗
• Cap rate: 7.05%
• Cash-on-cash: 2.70%
• DSCR: 1.12
• GRM: 8.9

CMA / ARV

• ARV (median comp): $409,050
• List price: $260,000
• Delta: -36.44%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8111 Raymond Ave	0.41mi	3/2.5 (-1)	1,726 (+11%)	16mo	$325,500	$189	43

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.47×
• Total profit: $-38,840
• Equity at exit: $38,767

10-year hold

• IRR: -13.0%
• Equity multiple: 0.34×
• Total profit: $-47,984
• Equity at exit: $22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21222

• Rents YoY: -0.1%
• Active inventory: 238
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,443 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$294 /mo · $3,533/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $164

Break-even live

Break-even rent $2,236

Max offer price $260,000

Occupancy floor 88%

Sensitivity live

Price	-10% $311	-5% $237	+0% $164	+5% $90	+10% $17
Rent	-10% $-29	-5% $67	+0% $164	+5% $260	+10% $357
Rate	-1.0pp $295	-0.5pp $230	base $164	+0.5pp $96	+1.0pp $28

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3317 Belsford Ct Dundalk, MD	3.0	1.0	1258	$1,950	$1.55	12d	1	0.27mi
3314 Wallford Dr Dundalk, MD	3.0	1.0	1258	$1,850	$1.47	16d	1	0.36mi
7720 Village Park Dr Dundalk, MD	4.0	2.5	1900	$3,300	$1.74	25d	1	0.54mi
8146 Del Haven Rd Dundalk, MD	3.0	2.0	1424	$2,700	$1.90	18d	1	0.77mi
7 Robinson Ave Dundalk, MD	3.0	2.0	1100	$2,600	$2.36	45d	1	0.85mi
7860 Saint Bridget Ln Dundalk, MD	4.0	1.0	1216	$2,300	$1.89	25d	1	0.85mi
7863 Saint Fabian Ln Dundalk, MD	3.0	2.0	1424	$1,950	$1.37	6d	1	0.95mi
1760 Langport Ave Dundalk, MD	3.0	1.5	1600	$1,795	$1.12	45d	1	1.03mi
2711 Gray Manor Ct Unit NA Baltimore, MD	4.0	2.0	1570	$2,500	$1.59	25d	1	1.07mi
804 Oakleigh Beach Rd Unit 1061330P Dundalk, MD	3.0	3.0	1980	$5,932	$3.00	0d	1	1.14mi
1922 Ewald Ave Dundalk, MD	3.0	2.0	1408	$2,150	$1.53	0d	1	1.27mi
1930 Frames Rd Dundalk, MD	3.0	2.0	1152	$2,099	$1.82	6d	1	1.28mi
1964 Frames Rd Dundalk, MD	3.0	2.0	1528	$2,400	$1.57	45d	1	1.34mi
2020 Dineen Dr Dundalk, MD	3.0	1.5	1258	$1,850	$1.47	6d	1	1.40mi
1907 Penhall Rd Dundalk, MD	3.0	2.0	1536	$2,300	$1.50	25d	1	1.47mi

Listing history 48 events

1. 2026-06-21
   days on market $260,000 Active 62 DOM
2. 2026-06-18
   days on market $260,000 Active 59 DOM
3. 2026-06-17
   days on market $260,000 Active 58 DOM
4. 2026-06-16
   days on market $260,000 Active 57 DOM
5. 2026-06-15
   days on market $260,000 Active 56 DOM
6. 2026-06-13
   days on market $260,000 Active 54 DOM
7. 2026-06-09
   days on market $260,000 Active 50 DOM
8. 2026-06-08
   days on market $260,000 Active 49 DOM
9. 2026-06-07
   days on market $260,000 Active 48 DOM
10. 2026-06-04
    days on market $260,000 Active 45 DOM
11. 2026-06-03
    days on market $260,000 Active 44 DOM
12. 2026-06-02
    days on market $260,000 Active 43 DOM
13. 2026-06-01
    days on market $260,000 Active 42 DOM
14. 2026-05-31
    days on market $260,000 Active 41 DOM
15. 2026-04-20
    listed $260,000 Active 200-char remark

    Show marketing remark (200 chars)

    Tenant occupied income producing 2 unit in Dundalk available now! Unit A 2 bed 1 bath is vacant Unit B 2 bed 1 bath Month to month tenant paying $1300 and gas and electric owner pays water and trash

16. 2022-12-02
    soldstatus $150,000 Closed 515-char remark

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

17. 2022-10-31
    status Pending 515-char remark

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

18. 2022-10-31
    historical Active Under Contract 515-char remark

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

19. 2022-10-31
    historical

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

20. 2022-10-27
    listed $190,000 Active

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

21. 2022-10-27
    listed $190,000 Active 515-char remark

    Show marketing remark (515 chars)

    Large 2 unit home with separate meters, entrances and driveways. Property is zoned Residential Office (RO) and Business Roadside (BR). It was last used as residential with 2 apartments. Each unit has 2 bedrooms, 1 full bathroom, living room, gas furnace, washer & dryer and dining room. Apartment 2 (back) also has a second floor small den and a full basement. House is in good shape, needing some updates, remodeling and repair. Being sold "as-is". Buyer to verify all zoning regulations and uses.

22. 2012-03-22
    soldstatus $107,000
23. 2011-04-04
    historical Withdrawn
24. 2011-04-03
    historical
25. 2011-02-11
    price
26. 2011-01-24
    historical Withdrawn
27. 2011-01-24
    historical
28. 2010-10-05
    status Active
29. 2010-10-05
    status Active
30. 2010-10-02
    historical Expired
31. 2010-10-02
    historical Expired
32. 2010-09-20
    price
33. 2010-09-20
    price
34. 2010-04-09
    status Active
35. 2010-04-09
    status Active
36. 2010-04-02
    historical Expired
37. 2010-04-02
    historical Expired
38. 2009-10-01
    listed Active
39. 2009-10-01
    listed Active
40. 2009-10-01
    listed $120,000
41. 2009-10-01
    listed $130,000
42. 2009-07-28
    historical
43. 2009-07-28
    historical
44. 2009-01-26
    listed
45. 2009-01-26
    listed $159,900
46. 2008-10-19
    historical
47. 2008-04-23
    listed
48. 1987-10-06
    soldstatus $46,000

ⓘ 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: $3,533 · $294/mo
• Projected year-2 tax: $3,533 · $294/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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,316
• − Mortgage interest: −$14,564
• − Property taxes: −$3,533
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,345
• − Management: −$2,345
• − Depreciation: −$7,564
• Taxable loss: −$2,335
• Est. tax savings @ 24.0%: +$560
• After-tax cash flow: $2,526/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 County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore County · 769,527 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 59,407
• Household income: $64,141
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 2566.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Arabic 1%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -251.44%
• Current HPI: 228.4218
• Rent YoY: ▼ -0.09%
• 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

+465.2% since first listed

34 events — show timeline

• 2026-04-20 Listed $260,000 BRIGHT MLS
• 2022-12-02 Sold (MLS) $150,000 BRIGHT MLS
• 2022-10-31 Pending — BRIGHT MLS
• 2022-10-31 Contingent — BRIGHT MLS
• 2022-10-31 Listing Removed — BRIGHT MLS
• 2022-10-27 Listed $190,000 BRIGHT MLS
• 2022-10-27 Listed $190,000 BRIGHT MLS
• 2012-03-22 Sold (Public Records) $107,000 Public Records
• 2011-04-04 Delisted — MRIS
• 2011-04-03 Listing Removed — BRIGHT MLS
• 2011-02-11 Price Changed — MRIS
• 2011-01-24 Delisted — MRIS
• 2011-01-24 Listing Removed — BRIGHT MLS
• 2010-10-05 Relisted — MRIS
• 2010-10-05 Relisted — MRIS
• 2010-10-02 Delisted — MRIS
• 2010-10-02 Delisted — MRIS
• 2010-09-20 Price Changed — MRIS
• 2010-09-20 Price Changed — MRIS
• 2010-04-09 Relisted — MRIS
• 2010-04-09 Relisted — MRIS
• 2010-04-02 Delisted — MRIS
• 2010-04-02 Delisted — MRIS
• 2009-10-01 Listed — MRIS
• 2009-10-01 Listed — MRIS
• 2009-10-01 Listed $130,000 BRIGHT MLS
• 2009-10-01 Listed $120,000 BRIGHT MLS
• 2009-07-28 Delisted — MRIS
• 2009-07-28 Listing Removed — BRIGHT MLS
• 2009-01-26 Listed — MRIS
• 2009-01-26 Listed $159,900 BRIGHT MLS
• 2008-10-19 Delisted — MRIS
• 2008-04-23 Listed — MRIS
• 1987-10-06 Sold (Public Records) $46,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $3,533 · -22.3% YoY. Source: county tax records.