2840 Lake Ave · Baltimore, MD 21213

$167,000

3 bd · 2.0 ba · 1,639 sqft · Townhouse public records · 181 Days on market

Built 1926 871 sqft lot $102/sqft · 6% above area Est $158k · 6% over

---

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 +23.5/30.0
• DSCR +7.6/10.0
• 1% rule +6.2/10.0
• ARV discount +5.0/15.0
• Appreciation +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0

Listing remarks MLS

Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

Key facts

• Covered front porch
• Finished basement
• Practical kitchen

Tags

• COVERED FRONT PORCH
• FINISHED BASEMENT
• PRACTICAL KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $167k.

Deal economics

• At list price, monthly cash flow is $312 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $167k).
• Recommended offer: $147k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.5% 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 fast (+5.2%/yr); 319 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 44% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $206 of equity ($1k loan paydown + $-949 appreciation (-0.6% local appreciation)).
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 5.2% rent growth), your $47k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 181 days — a 12% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 27y ago; this cycle's ask has dropped $23k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $73k; list at $167k implies a 129% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — 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 $146,960 (12.0% below list)

Questions for the listing agent

1. It's been on market 181 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 1926 — 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: 1.12% ✓
• Cap rate: 8.53%
• Cash-on-cash: 7.99%
• DSCR: 1.36
• GRM: 7.4

CMA / ARV

• ARV (median comp): $158,046
• List price: $167,000
• Delta: 5.67%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2835 Brendan Ave	0.03mi	3/1.0	1,725 (+5%)	2mo	$76,500	$44	84
3444 Belair Rd	0.08mi	3/2.0	1,428 (-13%)	2mo	$131,000	$92	73
2846 Lake Ave	0.01mi	4/2.5 (+1)	1,455 (-11%)	2mo	$235,000	$162	72
3620 Erdman Ave	0.49mi	3/2.0	1,600 (-2%)	2mo	$120,000	$75	71
3914 Eierman Ave	0.60mi	3/2.0	1,628 (-1%)	1mo	$128,000	$79	70
4208 Sheldon Ave	0.58mi	3/2.0	1,680 (+2%)	2mo	$145,000	$86	66
3114 Mareco Ave	0.22mi	3/2.0	1,410 (-14%)	2mo	$125,000	$89	65
3401 Ramona Ave	0.51mi	3/2.0	1,812 (+11%)	0mo	$199,000	$110	58
4215 Seidel Ave	0.69mi	3/2.0	1,528 (-7%)	2mo	$186,500	$122	55
3564 Elmora Ave	0.56mi	3/1.5	1,478 (-10%)	1mo	$133,500	$90	54
3406 Ramona Ave	0.53mi	3/2.0	1,408 (-14%)	0mo	$85,000	$60	51
3571 Dudley Ave	0.63mi	3/2.0	1,400 (-15%)	1mo	$175,000	$125	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.57% appreciation · 5.25% rent growth · sell at horizon

5-year hold

• IRR: 6.8%
• Equity multiple: 1.32×
• Total profit: $14,921
• Equity at exit: $43,802

10-year hold

• IRR: 14.3%
• Equity multiple: 2.59×
• Total profit: $74,377
• Equity at exit: $49,042

Cash invested: $46,760 (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 21213

• Home prices YoY: -0.1%
• Rents YoY: 5.2%
• Active inventory: 319
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,873 high
• Mortgage (P&I): −$876
• Tax from tax record: −$223 /mo · $2,674/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $312

Break-even live

Break-even rent $1,479

Max offer price $167,000

Occupancy floor 78%

Sensitivity live

Price	-10% $406	-5% $359	+0% $312	+5% $264	+10% $217
Rent	-10% $164	-5% $238	+0% $312	+5% $386	+10% $460
Rate	-1.0pp $396	-0.5pp $354	base $312	+0.5pp $268	+1.0pp $224

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: $41,750
• Closing costs: $5,010
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2828 Lake Ave Baltimore, MD	3.0	2.0	1164	$1,850	$1.59	5d	1	0.03mi
3436 Cardenas Ave Baltimore, MD	2.0	1.0	1146	$1,395	$1.22	45d	1	0.06mi
2817 Pelham Ave Baltimore, MD	3.0	2.0	1464	$1,950	$1.33	25d	1	0.10mi
2837 Pelham Ave Baltimore, MD	4.0	2.0	1164	$1,675	$1.44	45d	1	0.10mi
3515 Parklawn Ave Baltimore, MD	3.0	2.0	1240	$1,700	$1.37	4d	1	0.11mi
2848 Pelham Ave Baltimore, MD	3.0	2.0	1164	$1,700	$1.46	45d	1	0.13mi
2735 Chesterfield Ave Baltimore, MD	3.0	2.5	1536	$2,000	$1.30	12d	1	0.18mi
3028 Kenyon Ave Baltimore, MD	2.0	2.0	1075	$1,395	$1.30	45d	1	0.27mi
3027 Shannon Dr Baltimore, MD	3.0	2.0	1950	$2,500	$1.28	45d	1	0.30mi
3005 Belair Rd Baltimore, MD	3.0	2.0	2000	$1,600	$0.80	19d	1	0.33mi
3305 Dudley Ave Baltimore, MD	3.0	2.0	1413	$1,950	$1.38	45d	1	0.43mi
3300 Dudley Ave Baltimore, MD	4.0	2.0	1724	$2,200	$1.28	45d	1	0.44mi
3551 Elmley Ave Baltimore, MD	3.0	1.5	1872	$2,095	$1.12	25d	1	0.50mi
3519 Kentucky Ave Baltimore, MD	3.0	2.0	1536	$2,100	$1.37	12d	1	0.50mi
3610 Elmley Ave Baltimore, MD	2.0	1.5	1200	$1,550	$1.29	21d	1	0.51mi
3525 Kentucky Ave Baltimore, MD	3.0	1.5	1536	$1,950	$1.27	45d	1	0.51mi
4244 Shamrock Ave Baltimore, MD	3.0	1.5	1920	$1,850	$0.96	25d	1	0.54mi
3335 Lyndale Ave Baltimore, MD	2.0	2.0	1344	$1,600	$1.19	25d	1	0.55mi
3512 Elmora Ave Baltimore, MD	3.0	1.5	1472	$1,900	$1.29	21d	1	0.56mi
3213 Elmley Ave Baltimore, MD	2.0	1.0	1188	$1,395	$1.17	45d	1	0.56mi
3222 Lyndale Ave Unit 1 Baltimore, MD	3.0	1.5	1500	$2,200	$1.47	14d	1	0.57mi
4024 Eierman Ave Baltimore, MD	3.0	2.0	1136	$1,825	$1.61	45d	1	0.57mi
3544 Chesterfield Ave Baltimore, MD	3.0	1.5	1200	$1,635	$1.36	45d	1	0.57mi
3326 Elmora Ave Baltimore, MD	3.0	1.0	1200	$1,450	$1.21	25d	1	0.58mi
3572 Juneway Unit 1 Baltimore, MD	2.0	1.0	1800	$1,200	$0.67	45d	1	0.58mi
4320 Sheldon Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	25d	1	0.61mi
4400 Asbury Ave Baltimore, MD	3.0	2.0	1270	$1,995	$1.57	5d	1	0.63mi
2113 Belair Rd Baltimore, MD	3.0	1.0	1344	$1,795	$1.34	45d	1	0.64mi
3551 Shannon Dr Baltimore, MD	3.0	2.0	1485	$2,358	$1.59	25d	1	0.65mi
3573 Shannon Dr Baltimore, MD	4.0	2.0	1493	$2,300	$1.54	19d	1	0.68mi
3603 Ravenwood Ave Unit 1 Baltimore, MD	4.0	1.0	1566	$1,600	$1.02	45d	1	0.68mi
3914 Erdman Ave #1 Baltimore, MD	3.0	1.0	1200	$1,319	$1.10	19d	1	0.70mi
4104 Erdman Ave Unit 2 Baltimore, MD	2.0	1.0	1566	$1,075	$0.69	5d	1	0.76mi
1832 E 28th St Baltimore, MD	3.0	1.0	1066	$1,495	$1.40	25d	1	0.90mi
1802 E 28th St Baltimore, MD	3.0	1.0	1300	$1,600	$1.23	25d	1	0.94mi
4116 Raymonn Ave Baltimore, MD	3.0	1.5	1244	$1,950	$1.57	45d	1	0.96mi
1829 N Port St Baltimore, MD	3.0	1.5	2000	$1,625	$0.81	45d	1	1.01mi
1702 E 32nd St Baltimore, MD	3.0	2.0	1344	$2,300	$1.71	45d	1	1.03mi
4300 Orchard Ridge Blvd Baltimore, MD	1.0–3.0	1.0–2.0	1021	$1,809	$1.77	45d	1	1.07mi
4718 Blue Ridge Ave Baltimore, MD	4.0	3.0	1744	$2,400	$1.38	12d	1	1.11mi

Listing history 50 events

1. 2026-06-21
   days on market $167,000 Active 181 DOM
2. 2026-06-18
   days on market $167,000 Active 178 DOM
3. 2026-06-17
   days on market $167,000 Active 177 DOM
4. 2026-06-16
   days on market $167,000 Active 176 DOM
5. 2026-06-15
   days on market $167,000 Active 175 DOM
6. 2026-06-13
   days on market $167,000 Active 173 DOM
7. 2026-06-09
   days on market $167,000 Active 169 DOM
8. 2026-06-08
   days on market $167,000 Active 168 DOM
9. 2026-06-07
   days on market $167,000 Active 167 DOM
10. 2026-06-04
    days on market $167,000 Active 164 DOM
11. 2026-06-03
    days on market $167,000 Active 163 DOM
12. 2026-06-02
    days on market $167,000 Active 162 DOM
13. 2026-06-01
    days on market $167,000 Active 161 DOM
14. 2026-05-31
    days on market $167,000 Active 160 DOM
15. 2026-03-17
    price $167,000 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

16. 2026-03-10
    price $169,900 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

17. 2026-03-09
    status Active 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

18. 2026-03-06
    historical 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

19. 2026-03-02
    price $169,999 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

20. 2026-02-20
    price $170,000 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

21. 2026-02-10
    price $180,000 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

22. 2026-01-30
    price $185,000 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

23. 2025-12-19
    listed $190,000 Active 919-char remark

    Show marketing remark (919 chars)

    Great Opportunity in East Baltimore Welcome to 2840 Lake Ave, Baltimore, MD 21213, a three-bedroom, two-bath brick townhouse offering a functional layout and strong potential for a new owner or investor. The home features defined living and dining areas on the main level, a practical kitchen, and three upper-level bedrooms with a full bathroom. The finished basement provides additional living space and includes a second full bathroom. The property also features a covered front porch. The home was renovated a few years ago, has been well maintained, and is currently occupied. Conveniently located near public transportation, neighborhood shopping, and local amenities, with easy access to major commuter routes serving East Baltimore. Property is being sold as-is and presents an excellent opportunity for long-term ownership or investment Book your showing today — opportunities like this don’t last.

24. 2021-06-21
    soldstatus $72,900
25. 2018-08-22
    soldstatus $33,500 Sold 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

26. 2018-08-22
    soldstatus $33,500 Closed

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

27. 2018-07-03
    status Pending

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

28. 2018-07-03
    status Contract 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

29. 2018-06-26
    price $40,000

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

30. 2018-06-26
    price $40,000 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

31. 2018-05-24
    price $49,900

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

32. 2018-05-24
    price $49,900 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

33. 2018-04-18
    price $57,900

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

34. 2018-04-18
    price $57,900 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

35. 2018-03-13
    listed $60,900 Active 321-char remark

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

36. 2018-03-13
    listed $60,900 Active

    Show marketing remark (321 chars)

    Charming porch front home in Belair Edison. 3 bedrooms, 2 full baths, hardwood floors on main level and some bedrooms. Basement could be finished for additional living space/bedroom, full bath is already in place. Off-street parking w/ potential to rebuild the garage. Property SOLD AS-IS. Buyer to verify GR/HOA/FF fees.

37. 2017-07-11
    status Contract
38. 2017-07-11
    historical Withdrawn
39. 2017-06-24
    price
40. 2017-06-03
    listed Active
41. 2005-10-07
    soldstatus $97,000
42. 2005-09-28
    soldstatus $97,000
43. 2005-09-01
    historical
44. 2005-08-10
    listed $99,900
45. 1999-09-03
    soldstatus $53,900
46. 1999-08-27
    soldstatus $53,900
47. 1999-07-22
    historical
48. 1999-05-10
    listed $53,900
49. 1999-05-05
    historical
50. 1999-02-08
    listed

ⓘ 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: $2,674 · $223/mo
• Projected year-2 tax: $2,674 · $223/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: $22,477
• − Mortgage interest: −$9,355
• − Property taxes: −$2,674
• − Insurance: −$835
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$4,858
• Taxable income: $1,159
• Est. tax owed @ 24.0%: −$278
• After-tax cash flow: $3,460/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): 28,058
• Household income: $51,344
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 1868.0

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 (86%)
• Race & ethnicity: Black 86% White 6% Hispanic / Latino 4% Two or more races 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -0.57%
• Current HPI: 427.4453
• Rent YoY: ▲ 5.25%
• 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

+209.8% since first listed

36 events — show timeline

• 2026-03-17 Price Changed $167,000 BRIGHT MLS
• 2026-03-10 Price Changed $169,900 BRIGHT MLS
• 2026-03-09 Relisted — BRIGHT MLS
• 2026-03-06 Listing Removed — BRIGHT MLS
• 2026-03-02 Price Changed $169,999 BRIGHT MLS
• 2026-02-20 Price Changed $170,000 BRIGHT MLS
• 2026-02-10 Price Changed $180,000 BRIGHT MLS
• 2026-01-30 Price Changed $185,000 BRIGHT MLS
• 2025-12-19 Listed $190,000 BRIGHT MLS
• 2021-06-21 Sold (Public Records) $72,900 Public Records
• 2018-08-22 Sold (MLS) $33,500 BRIGHT MLS
• 2018-08-22 Sold (MLS) $33,500 MRIS
• 2018-07-03 Pending — BRIGHT MLS
• 2018-07-03 Pending — MRIS
• 2018-06-26 Price Changed $40,000 BRIGHT MLS
• 2018-06-26 Price Changed $40,000 MRIS
• 2018-05-24 Price Changed $49,900 BRIGHT MLS
• 2018-05-24 Price Changed $49,900 MRIS
• 2018-04-18 Price Changed $57,900 BRIGHT MLS
• 2018-04-18 Price Changed $57,900 MRIS
• 2018-03-13 Listed $60,900 BRIGHT MLS
• 2018-03-13 Listed $60,900 MRIS
• 2017-07-11 Pending — MRIS
• 2017-07-11 Delisted — MRIS
• 2017-06-24 Price Changed — MRIS
• 2017-06-03 Listed — MRIS
• 2005-10-07 Sold (Public Records) $97,000 Public Records
• 2005-09-28 Sold (MLS) $97,000 MRIS
• 2005-09-01 Delisted — MRIS
• 2005-08-10 Listed $99,900 MRIS
• 1999-09-03 Sold (Public Records) $53,900 Public Records
• 1999-08-27 Sold (MLS) $53,900 MRIS
• 1999-07-22 Delisted — MRIS
• 1999-05-10 Listed $53,900 MRIS
• 1999-05-05 Delisted — MRIS
• 1999-02-08 Listed — MRIS

Property tax history

-0.0%/yr

Latest (2025): $2,674 · +9.2% YoY. Source: county tax records.