119 N Curley St · Baltimore, MD 21224

$158,000

2 bd · 1.0 ba · 936 sqft · Townhouse public records · 315 Days on market

Built 1920 871 sqft lot $169/sqft · 33% below area Est $234k · 33% under

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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 +25.6/30.0
• ARV discount +15.0/15.0
• DSCR +8.5/10.0
• 1% rule +6.6/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

Key facts

• Tenant occupied
• Basement
• Built 1920

Tags

• INVESTMENT OPPORTUNITY
• TENANT OCCUPIED
• CLASSIC BALTIMORE ARCHITECTURE
• BASEMENT
• EASY ACCESS TO DOWNTOWN

🏷️ Possibly a rental listed for sale. The $158,000 price doesn't fit this home's estimated sale value (~$234,201) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $158k.

Deal economics

• At list price, monthly cash flow is $371 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $158k).
• Recommended offer: $139k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% 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 $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 315 days — a 12% lower offer ($139k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 25y ago; this cycle's ask has dropped $22k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $139,040 (12.0% below list)

Questions for the listing agent

1. It's been on market 315 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 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: 1.16% ✓
• Cap rate: 9.11%
• Cash-on-cash: 10.07%
• DSCR: 1.45
• GRM: 7.2

CMA / ARV

• ARV (median comp): $234,201
• List price: $158,000
• Delta: -32.54%
• 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
155 N Streeper St	0.09mi	2/2.0	912 (-3%)	0mo	$220,000	$241	88
530 N Curley St	0.27mi	3/1.0 (+1)	960 (+3%)	2mo	$85,000	$89	77
26 N Decker Ave	0.08mi	2/1.0	1,040 (+11%)	2mo	$175,000	$168	76
20 N Decker Ave	0.09mi	3/1.0 (+1)	1,040 (+11%)	2mo	$149,000	$143	71
441 N East Ave	0.29mi	3/1.5 (+1)	976 (+4%)	2mo	$175,000	$179	71
3534 E Fairmount Ave	0.41mi	2/1.0	1,018 (+9%)	2mo	$86,000	$84	65
735 N Lakewood Ave	0.46mi	3/1.5 (+1)	970 (+4%)	2mo	$80,000	$82	64
322 S Duncan St	0.75mi	2/1.5	924 (-1%)	0mo	$280,000	$303	61
615 S Rose St	0.69mi	2/1.0	885 (-5%)	1mo	$151,000	$171	58
622 S Glover St	0.68mi	2/1.0	832 (-11%)	0mo	$195,500	$235	50
309 S Fagley St	0.69mi	2/2.0	1,030 (+10%)	1mo	$225,000	$218	46
318 S Duncan St S	0.75mi	2/2.0	816 (-13%)	2mo	$289,900	$355	38

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: -3.1%
• Equity multiple: 0.89×
• Total profit: $-4,995
• Equity at exit: $23,558

10-year hold

• IRR: 4.7%
• Equity multiple: 1.32×
• Total profit: $14,031
• Equity at exit: $13,661

Cash invested: $44,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21224

• Rents YoY: 1.3%
• Active inventory: 391
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,831 high
• Mortgage (P&I): −$829
• Tax from tax record: −$181 /mo · $2,170/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $371

Break-even live

Break-even rent $1,361

Max offer price $158,000

Occupancy floor 75%

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: $39,500
• Closing costs: $4,740
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
203 N Ellwood Ave Unit Main Baltimore, MD	2.0	2.0	880	$2,200	$2.50	23d	1	0.11mi
29 N Ellwood Ave Baltimore, MD	3.0	1.5	1100	$2,395	$2.18	23d	1	0.11mi
3205 Esther Pl Baltimore, MD	2.0	2.0	960	$1,850	$1.93	23d	1	0.16mi
520 N Decker Ave Baltimore, MD	2.0	1.0	1000	$1,650	$1.65	43d	1	0.24mi
415 N Belnord Ave Baltimore, MD	2.0	1.0	1008	$1,300	$1.29	23d	1	0.25mi
127 N Glover St Baltimore, MD	2.0	1.5	1110	$2,100	$1.89	2d	1	0.25mi
2608 E Fayette St Unit 1 Baltimore, MD	2.0	1.0	900	$1,700	$1.89	14d	1	0.27mi
3344 E Baltimore St Unit 2 Baltimore, MD	1.0	1.0	545	$1,250	$2.29	43d	1	0.30mi
415 N Glover St Baltimore, MD	2.0	2.5	1092	$1,600	$1.47	23d	1	0.31mi
531 N Belnord Ave Baltimore, MD	2.0	1.5	1100	$1,700	$1.55	23d	1	0.32mi
104 N Rose St Baltimore, MD	3.0	2.0	936	$2,500	$2.67	43d	1	0.34mi
233 N Rose St Baltimore, MD	2.0	2.5	934	$1,750	$1.87	17d	1	0.35mi
502 N Glover St Baltimore, MD	2.0	1.5	827	$1,250	$1.51	20d	1	0.36mi
224 N Rose St Baltimore, MD	2.0	2.5	1120	$1,875	$1.67	17d	1	0.36mi
400 N Rose St #1 Baltimore, MD	1.0	1.0	588	$1,080	$1.84	43d	1	0.37mi
3413 Leverton Ave Baltimore, MD	2.0	1.0	832	$1,000	$1.20	23d	1	0.37mi
107 N Port St Baltimore, MD	2.0	2.0	870	$1,995	$2.29	23d	1	0.41mi
402 N Milton Ave Unit 402B Baltimore, MD	2.0	1.0	950	$1,290	$1.36	43d	1	0.41mi
517 N Rose St Baltimore, MD	3.0	1.0	845	$1,400	$1.66	4d	1	0.41mi
437 N Montford Ave Baltimore, MD	3.0	1.5	1100	$1,450	$1.32	43d	1	0.47mi
16 N Bradford St Baltimore, MD	2.0	3.5	930	$2,400	$2.58	4d	1	0.50mi
201 S Conkling St Baltimore, MD	1.0	1.0	740	$1,500	$2.03	2d	2	0.51mi
2729 Ashland Ave Baltimore, MD	3.0	1.0	1000	$1,350	$1.35	2d	1	0.52mi
2308 Jefferson St Baltimore, MD	3.0	1.0	907	$1,450	$1.60	43d	1	0.54mi
400 S Highland Ave Unit 402 Baltimore, MD	2.0	1.0	900	$1,700	$1.89	43d	1	0.55mi
3232 Eastern Ave Baltimore, MD	1.0	1.5	874	$2,260	$2.59	1d	1	0.56mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	43d	1	0.56mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	14d	1	0.56mi
108 N Madeira St Baltimore, MD	2.0	2.0	1098	$1,900	$1.73	43d	1	0.57mi
720 N Port St Baltimore, MD	2.0	1.0	950	$1,300	$1.37	43d	1	0.58mi
3235 Eastern Ave Unit 2FL Baltimore, MD	1.0	1.0	552	$1,795	$3.25	4d	1	0.59mi
400 S Conkling St Unit 3 Baltimore, MD	1.0	1.0	700	$1,700	$2.43	43d	1	0.60mi
107 S Collington Ave Unit 2 REAR Baltimore, MD	1.0	1.0	600	$1,800	$3.00	4d	1	0.64mi
211 S Madeira St Baltimore, MD	2.0	1.0	819	$1,650	$2.01	4d	1	0.65mi
227 S Madeira St Baltimore, MD	2.0	2.5	1100	$2,200	$2.00	43d	1	0.65mi
643 S Potomac St Baltimore, MD	2.0	1.0	785	$1,650	$2.10	43d	1	0.66mi
223 Grundy St Baltimore, MD	2.0	1.0	864	$1,450	$1.68	23d	1	0.68mi
321 Fagley St Baltimore, MD	2.0	1.0	800	$1,650	$2.06	20d	1	0.69mi
305 S Collington Ave Baltimore, MD	3.0	2.5	722	$2,895	$4.01	17d	1	0.73mi
2309 Eastern Ave Unit B Baltimore, MD	1.0	1.0	550	$1,295	$2.35	43d	1	0.74mi

Listing history 26 events

1. 2026-06-18
   days on market $158,000 Active 315 DOM
2. 2026-06-17
   days on market $158,000 Active 314 DOM
3. 2026-06-16
   days on market $158,000 Active 313 DOM
4. 2026-06-15
   days on market $158,000 Active 312 DOM
5. 2026-06-13
   days on market $158,000 Active 310 DOM
6. 2026-06-09
   days on market $158,000 Active 306 DOM
7. 2026-06-08
   days on market $158,000 Active 305 DOM
8. 2026-06-07
   days on market $158,000 Active 304 DOM
9. 2026-06-04
   days on market $158,000 Active 301 DOM
10. 2026-06-03
    days on market $158,000 Active 300 DOM
11. 2026-05-31
    days on market $158,000 Active 299 DOM
12. 2026-01-02
    price $158,000 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

13. 2026-01-02
    status Active 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

14. 2025-12-31
    historical 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

15. 2025-11-03
    status Active 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

16. 2025-10-31
    historical 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

17. 2025-09-12
    price $160,000 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

18. 2025-08-21
    price $175,000 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

19. 2025-07-31
    listed $180,000 Active 1467-char remark

    Show marketing remark (1467 chars)

    Exceptional Investment Opportunity in Baltimore - 3 row homes portfolio deal - Seller open to individual purchases, i. e. , one does NOT have to purchase all 3 homes. This is one of 3 homes which is being sold. Portfolio Addresses Include: 220 N Luzerne Ave (vacant) • 225 N Luzerne Ave (vacant) • 119 N Curley St (tenant-occupied). Properties sold as-is, buyer responsible for verifying ground rent. Offers must include: proof of funds, EMD, and all seller-signed addenda/disclosures included in Bright Documents. Rent roll available upon request. Video virtual tours are available in the Additional Media section (click camcorder icon next to bright documents icon). This rare portfolio of 3 row homes offers a compelling opportunity to secure a high-performing, CASH-FLOWING investment in the heart of Baltimore City. These properties are situated in established neighborhoods including Highlandtown, Westport, McElderry Park, and East Baltimore. The homes feature classic Baltimore architecture with 2 to 3 bedrooms and approximately 936 to 1,372 square feet of above-ground living space. Each property includes a basement and one out of three homes is section 8 tenant-occupied—ensuring regular inspections and consistent property maintenance. Conveniently located near local parks, restaurants, shopping, and major commuter routes such as I-95, I-895, and Route 40, these properties offer easy access to downtown Baltimore and surrounding areas.

20. 2022-02-10
    soldstatus $148,400
21. 2002-11-14
    soldstatus $10,000 385-char remark

    Show marketing remark (385 chars)

    GREAT OPPORTUNITY ON THIS BANK-OWNED PROPERTY. SPECIAL INFORMATION AND ADDENDA REQUIRED WITH ALL OFFERS. CALL L/A FOR ALL DETAILS. BUYER TO VERIFY ALL INFORMATION. PROPERTY IS SOLD TOTALLY "AS-IS". * * * AGENTS * * * IF UNABE TO CONFIRM APPOINTMENT BY OFFICE PHONE, PLEASE USE E-MAIL PREMIERMD@AOL. COM FOR SHOWING INSTRUCTIONS/APPOINTMENTS. THANKS FOR THE CO-OPERATION!!

22. 2002-09-10
    historical 385-char remark

    Show marketing remark (385 chars)

    GREAT OPPORTUNITY ON THIS BANK-OWNED PROPERTY. SPECIAL INFORMATION AND ADDENDA REQUIRED WITH ALL OFFERS. CALL L/A FOR ALL DETAILS. BUYER TO VERIFY ALL INFORMATION. PROPERTY IS SOLD TOTALLY "AS-IS". * * * AGENTS * * * IF UNABE TO CONFIRM APPOINTMENT BY OFFICE PHONE, PLEASE USE E-MAIL PREMIERMD@AOL. COM FOR SHOWING INSTRUCTIONS/APPOINTMENTS. THANKS FOR THE CO-OPERATION!!

23. 2002-09-09
    listed $12,900 385-char remark

    Show marketing remark (385 chars)

    GREAT OPPORTUNITY ON THIS BANK-OWNED PROPERTY. SPECIAL INFORMATION AND ADDENDA REQUIRED WITH ALL OFFERS. CALL L/A FOR ALL DETAILS. BUYER TO VERIFY ALL INFORMATION. PROPERTY IS SOLD TOTALLY "AS-IS". * * * AGENTS * * * IF UNABE TO CONFIRM APPOINTMENT BY OFFICE PHONE, PLEASE USE E-MAIL PREMIERMD@AOL. COM FOR SHOWING INSTRUCTIONS/APPOINTMENTS. THANKS FOR THE CO-OPERATION!!

24. 2002-02-20
    historical
25. 2001-08-21
    listed
26. 2000-05-05
    soldstatus $63,000

ⓘ 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: $2,170 · $181/mo
• Projected year-2 tax: $2,170 · $181/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,974
• − Mortgage interest: −$8,850
• − Property taxes: −$2,170
• − Insurance: −$790
• − Repairs & maintenance: −$1,758
• − Management: −$1,758
• − Depreciation: −$4,596
• Taxable income: $2,051
• Est. tax owed @ 24.0%: −$492
• After-tax cash flow: $3,964/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+150.8% since first listed

15 events — show timeline

• 2026-01-02 Price Changed $158,000 BRIGHT MLS
• 2026-01-02 Relisted — BRIGHT MLS
• 2025-12-31 Listing Removed — BRIGHT MLS
• 2025-11-03 Relisted — BRIGHT MLS
• 2025-10-31 Listing Removed — BRIGHT MLS
• 2025-09-12 Price Changed $160,000 BRIGHT MLS
• 2025-08-21 Price Changed $175,000 BRIGHT MLS
• 2025-07-31 Listed $180,000 BRIGHT MLS
• 2022-02-10 Sold (Public Records) $148,400 Public Records
• 2002-11-14 Sold (MLS) $10,000 MRIS
• 2002-09-10 Delisted — MRIS
• 2002-09-09 Listed $12,900 MRIS
• 2002-02-20 Delisted — MRIS
• 2001-08-21 Listed — MRIS
• 2000-05-05 Sold (Public Records) $63,000 Public Records

Property tax history

+7.1%/yr

Latest (2025): $2,170 · +6.7% YoY. Source: county tax records.