2822 Riggs Ave · Baltimore, MD 21216

$125,000

3 bd · 2.0 ba · 1,765 sqft · Townhouse public records · 93 Days on market

Built 1920 1,412 sqft lot $71/sqft · 95% above area

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Why this score? — see what drove the B- 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 +9.9/10.0
• ARV discount +7.5/15.0
• 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

Listing remarks MLS

Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

Key facts

• Garage
• Built 1920
• Listed 93 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $125k.

Deal economics

• At list price, monthly cash flow is $668 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.

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: 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.
• Zoned schools: Elmer A. Henderson: A Johns Hopkins Partnership (math 2% / reading 16%, grade F, #650 of 860 statewide, top 77%, 642 students, 80% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
• 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 26d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 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 + 6.1% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 25y ago; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $31k; list at $125k implies a 303% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $113,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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: 1.49% ✓
• Cap rate: 12.70%
• Cash-on-cash: 22.90%
• DSCR: 2.02
• GRM: 5.6

CMA / ARV

• ARV (median comp): $63,998
• List price: $125,000
• Delta: 95.32%
• 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
2738 W Mosher St	0.11mi	3/1.0	1,765 (0%)	1mo	$37,000	$21	90
2732 Riggs Ave	0.08mi	3/1.0	1,730 (-2%)	2mo	$135,000	$78	87
900 N Franklintown Rd	0.28mi	3/2.0	1,764 (-0%)	3mo	$80,000	$45	85
3118 Normount Ave	0.32mi	3/2.0	1,725 (-2%)	1mo	$174,990	$101	80
2514 W Lafayette Ave	0.41mi	3/2.0	1,560 (-12%)	2mo	$232,000	$149	60
2927 Ellicott Dr	0.17mi	4/3.5 (+1)	1,540 (-13%)	2mo	$230,000	$149	58
3304 Brighton St	0.54mi	3/1.5	1,908 (+8%)	2mo	$155,000	$81	57
743 Linnard St	0.65mi	4/2.0 (+1)	1,693 (-4%)	1mo	$199,000	$118	57
2406 Arunah Ave	0.58mi	4/3.5 (+1)	1,824 (+3%)	2mo	$350,000	$192	55
2400 W Lafayette Ave	0.50mi	4/2.0 (+1)	1,584 (-10%)	2mo	$263,000	$166	53
2318 W Lanvale St	0.58mi	4/2.5 (+1)	1,884 (+7%)	2mo	$180,000	$96	52
1601 Ruxton Ave	0.66mi	3/1.0	1,568 (-11%)	1mo	$90,000	$57	46

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

5-year hold

• IRR: 19.2%
• Equity multiple: 1.81×
• Total profit: $28,251
• Equity at exit: $18,638

10-year hold

• IRR: 29.5%
• Equity multiple: 4.01×
• Total profit: $105,499
• Equity at exit: $10,808

Cash invested: $35,000 (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 21216

• Rents YoY: 6.1%
• Active inventory: 252
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,861 high
• Mortgage (P&I): −$656
• Tax from tax record: −$95 /mo · $1,137/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $668

Break-even live

Break-even rent $1,016

Max offer price $125,000

Occupancy floor 59%

Sensitivity live

Price	-10% $739	-5% $703	+0% $668	+5% $632	+10% $597
Rent	-10% $521	-5% $594	+0% $668	+5% $741	+10% $815
Rate	-1.0pp $731	-0.5pp $700	base $668	+0.5pp $635	+1.0pp $602

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2806 Riggs Ave Baltimore, MD	3.0	2.5	1412	$1,900	$1.35	5d	1	0.04mi
2732 Riggs Ave Baltimore, MD	3.0	1.0	1730	$1,700	$0.98	0d	1	0.07mi
2728 Winchester St Baltimore, MD	3.0	1.5	1260	$1,800	$1.43	5d	1	0.09mi
2744 W Mosher St Baltimore, MD	4.0	2.0	1412	$2,100	$1.49	25d	1	0.12mi
1402 Poplar Grove St Baltimore, MD	4.0	1.5	1540	$800	$0.52	45d	1	0.21mi
2800 Presstman St Baltimore, MD	3.0	2.5	1460	$1,799	$1.23	25d	1	0.27mi
3003 Presstman St Unit 1 Baltimore, MD	2.0	2.0	1450	$1,400	$0.97	46d	1	0.30mi
3003 Presstman St Unit 2 Baltimore, MD	2.0	1.0	1450	$1,300	$0.90	25d	1	0.30mi
3238 Westmont Ave Baltimore, MD	3.0	1.0	1280	$1,600	$1.25	45d	1	0.38mi
1530 N Rosedale St Baltimore, MD	3.0	2.0	1641	$1,795	$1.09	0d	1	0.42mi
1513 N Ellamont St Baltimore, MD	3.0	1.0	1700	$1,700	$1.00	25d	1	0.43mi
2922 Edmondson Ave Baltimore, MD	3.0	2.0	1620	$1,900	$1.17	45d	1	0.45mi
2636 Lauretta Ave Baltimore, MD	3.0	2.5	1232	$1,900	$1.54	45d	1	0.52mi
2609 Lauretta Ave Baltimore, MD	3.0	1.0	1286	$1,675	$1.30	25d	1	0.55mi
918 N Bentalou St Baltimore, MD	3.0	1.5	1485	$1,750	$1.18	45d	1	0.57mi
1633 N Hilton St Baltimore, MD	4.0	2.5	1920	$2,600	$1.35	19d	1	0.58mi
2303 Calverton Heights Ave Baltimore, MD	4.0	2.0	1314	$2,250	$1.71	25d	1	0.59mi
1617-A Moreland Ave Unit 2nd Flr Baltimore, MD	2.0	1.0	1500	$1,400	$0.93	45d	1	0.63mi
798 N Grantley St Baltimore, MD	3.0	2.0	1360	$2,295	$1.69	25d	1	0.65mi
3324 Edmondson Ave Baltimore, MD	3.0	2.5	2300	$1,995	$0.87	23d	1	0.70mi
2917 Clifton Ave Baltimore, MD	4.0	4.0	1700	$2,150	$1.26	25d	1	0.70mi
2405 W North Ave Baltimore, MD	4.0	3.0	1826	$1,900	$1.04	6d	1	0.71mi
730 Linnard St Unit 1 Baltimore, MD	4.0	1.0	1360	$1,750	$1.29	25d	1	0.73mi
2812 Clifton Ave Baltimore, MD	3.0	1.5	1650	$1,850	$1.12	45d	1	0.73mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	25d	1	0.76mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	12d	1	0.76mi
3423 Edmondson Ave Baltimore, MD	2.0	1.5	1400	$1,710	$1.22	45d	1	0.76mi
3507 Edmondson Ave Baltimore, MD	4.0	2.0	1428	$2,300	$1.61	45d	1	0.81mi
623 N Grantley St Baltimore, MD	4.0	2.0	1250	$2,000	$1.60	25d	1	0.81mi
3030 Windsor Ave Baltimore, MD	4.0	1.5	2124	$1,995	$0.94	6d	1	0.83mi
1501 N Payson St Baltimore, MD	3.0	1.0	1400	$1,550	$1.11	45d	1	0.84mi
3700 Woodridge Rd Baltimore, MD	3.0	1.5	1955	$1,950	$1.00	45d	1	0.84mi
405 N Edgewood St Baltimore, MD	4.0	2.0	1408	$2,750	$1.95	0d	1	0.86mi
3619 Edmondson Ave Baltimore, MD	4.0	3.5	1962	$2,800	$1.43	45d	1	0.89mi
3712 Gelston Dr Baltimore, MD	3.0	2.0	1250	$2,500	$2.00	25d	1	0.89mi
2204 Clifton Ave Baltimore, MD	3.0	1.0	1400	$1,450	$1.04	6d	1	0.94mi
202 N Edgewood St Baltimore, MD	3.0	2.0	1710	$2,250	$1.32	25d	1	0.97mi
2012 W Saratoga St Baltimore, MD	3.0	1.0	1300	$1,700	$1.31	25d	1	1.00mi
3709 Nortonia Rd #2 Baltimore, MD	2.0	1.0	1289	$1,450	$1.12	19d	1	1.01mi
1616 N Fulton Ave Baltimore, MD	3.0	2.0	1620	$1,695	$1.05	0d	1	1.03mi

Listing history 35 events

1. 2026-06-21
   days on market $125,000 Active 93 DOM
2. 2026-06-18
   days on market $125,000 Active 90 DOM
3. 2026-06-17
   days on market $125,000 Active 89 DOM
4. 2026-06-16
   pricedays on market $125,000 Active 88 DOM
5. 2026-06-15
   days on market $130,000 Active 87 DOM
6. 2026-06-13
   days on market $130,000 Active 85 DOM
7. 2026-06-09
   days on market $130,000 Active 81 DOM
8. 2026-06-08
   days on market $130,000 Active 80 DOM
9. 2026-06-07
   days on market $130,000 Active 79 DOM
10. 2026-06-04
    days on market $130,000 Active 76 DOM
11. 2026-06-03
    days on market $130,000 Active 75 DOM
12. 2026-06-02
    days on market $130,000 Active 74 DOM
13. 2026-06-01
    days on market $130,000 Active 73 DOM
14. 2026-05-31
    days on market $130,000 Active 72 DOM
15. 2026-04-22
    price $145,900 774-char remark

    Show marketing remark (774 chars)

    Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

16. 2026-03-21
    price $160,000 774-char remark

    Show marketing remark (774 chars)

    Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

17. 2026-03-20
    status Active 774-char remark

    Show marketing remark (774 chars)

    Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

18. 2026-03-05
    listed $145,000 774-char remark

    Show marketing remark (774 chars)

    Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

19. 2026-03-05
    historical 774-char remark

    Show marketing remark (774 chars)

    Price reduced!!!!! An updated Baltimore row house that features a classic city townhouse, blended with modern interior updates. Inside, you will find open‑concept living spaces, original, refinished hardwood floors, and an updated kitchen with contemporary cabinetry and stainless‑steel appliances. Upper levels 3 bedrooms to include redesigned bedrooms with a bay window and large closet, modernized bathrooms, and sometimes a primary suite with added natural light. Newer HVAC, Newer roof, Newer appliances. This updated row home also incorporates a Private detached garage for off-street parking. , energy‑efficient systems, and unfinished basements while preserving the architectural charm and narrow, vertical layout characteristic of historic Baltimore neighborhoods.

20. 2025-01-16
    historical $1,600
21. 2024-12-19
    price $1,600
22. 2024-11-26
    listed $1,700
23. 2009-09-15
    soldstatus $31,000 Sold 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

24. 2009-09-15
    soldstatus $31,000

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

25. 2009-08-12
    historical 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

26. 2009-08-12
    historical

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

27. 2009-08-05
    price $31,900 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

28. 2009-08-05
    status Active 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

29. 2009-07-22
    historical 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

30. 2009-06-26
    listed $34,900 367-char remark

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

31. 2009-06-26
    listed $31,900

    Show marketing remark (367 chars)

    * NO PLUMBING * 3 BEDROOM 2.5 BATH THAT HAS LARGE ROOMS, NICE SIZE BASEMENT, PARKING POTENTIAL IN THE REAR, HARDWOOD AND ORIGINAL CHARM ALL FOR UNDER 40K. GREAT BUY FOR 1ST TIME HOMEBUYER ON AN INVESTOR. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

32. 2008-03-03
    soldstatus $130,000
33. 2001-05-11
    soldstatus $8,000
34. 2001-04-10
    historical
35. 2001-02-13
    listed $9,900

ⓘ 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: $1,137 · $95/mo
• Projected year-2 tax: $1,250 · $104/mo
• Expected delta: +$113/yr (+$9/mo · 9.9%)

ⓘ 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

Taxation est. · year 1

• Rental income: $22,331
• − Mortgage interest: −$7,002
• − Property taxes: −$1,137
• − Insurance: −$625
• − Repairs & maintenance: −$1,786
• − Management: −$1,786
• − Depreciation: −$3,636
• Taxable income: $6,358
• Est. tax owed @ 24.0%: −$1,526
• After-tax cash flow: $6,488/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): 29,426
• Household income: $42,031
• Rent vs Own: 49.8% rent · 50.2% 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
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+1373.7% since first listed

21 events — show timeline

• 2026-04-22 Price Changed $145,900 BRIGHT MLS
• 2026-03-21 Price Changed $160,000 BRIGHT MLS
• 2026-03-20 Relisted — BRIGHT MLS
• 2026-03-05 Listing Removed — BRIGHT MLS
• 2026-03-05 Listed $145,000 BRIGHT MLS
• 2025-01-16 Rental Removed $1,600 BRIGHTMLS
• 2024-12-19 Price Changed $1,600 BRIGHTMLS
• 2024-11-26 Listed for Rent $1,700 BRIGHTMLS
• 2009-09-15 Sold (MLS) $31,000 BRIGHT MLS
• 2009-09-15 Sold (MLS) $31,000 MRIS
• 2009-08-12 Delisted — MRIS
• 2009-08-12 Listing Removed — BRIGHT MLS
• 2009-08-05 Price Changed $31,900 MRIS
• 2009-08-05 Relisted — MRIS
• 2009-07-22 Delisted — MRIS
• 2009-06-26 Listed $34,900 MRIS
• 2009-06-26 Listed $31,900 BRIGHT MLS
• 2008-03-03 Sold (Public Records) $130,000 Public Records
• 2001-05-11 Sold (MLS) $8,000 MRIS
• 2001-04-10 Delisted — MRIS
• 2001-02-13 Listed $9,900 MRIS

Property tax history

-3.1%/yr

Latest (2025): $1,137 · +3.6% YoY. Source: county tax records.