$100,000
PENDING $25K PRICE DROP

Estimated payment $797/month

Total Views 2,226
3 Beds
2 Baths
1,341 Sq Ft
$75 Price per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Brick Front
  • Traditional Architecture
  • No HOA
  • Ceiling height of 9 feet or more

About This Home

SELLER FINANCING MAY BE AVAILABLE. Investment Opportunity in a Prime East Baltimore Rental Corridor!
Expand your investment portfolio with this cash-flow opportunity located just minutes from Johns Hopkins Hospital, Northeast Market, and Patterson Park. For investors looking to scale, the neighboring investment property at 2316 E Madison St (MLS# MDBA2220718) is also available—purchase one or both to create a strong Baltimore rental portfolio.
2221 Jefferson St underwent a comprehensive renovation in 2011, including all new roofing, framing, drywall, hardwood flooring, electrical, plumbing, kitchen, bathrooms, and other major systems. Today, the property primarily needs a deep cleaning, fresh paint, and minor cosmetic repairs to be rent-ready or move-in ready.
Investors may also explore additional value-add opportunities, including the potential for a future rear parking pad (buyer to verify feasibility and approvals). A more extensive renovation strategy could push the after-repair value to $250,000+.
The surrounding neighborhood continues to experience steady revitalization, with numerous renovated homes and ongoing investment throughout the area. Projected long-term rental income exceeds $1,700/month (based on comparable MLS and Zillow rental data), while furnished mid-term rentals (90-day minimum) are projected at $2,000+/month based on Furnished Finder market data.
Whether you're looking for your next rental property, a value-add project, or an affordable opportunity to own near some of Baltimore’s largest employment centers, this property offers tremendous upside.
Property is being sold strictly AS-IS. Cash, private money, or renovation financing only. The property is not expected to meet FHA appraisal and financing requirements. All systems are currently operational and functioning as intended.

Listing Agent

Thomas Altvater

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC Brokerage Phone: 8888607369 License #649742 Listed on: 06/23/2026

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1910 | Remodeled in 2011

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 80x14
  • North Facing Home
  • Chain Link Fence
  • Open Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Slab Foundation
  • Rubber Roof
  • Brick Front
  • CPVC or PVC Pipes
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Gas Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Interior Basement Entry
  • Sump Pump
  • Basement with some natural light

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 120/240V
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Care Subdivision

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 0306041670 022

Townhouse Details

Home Type

Townhome

Year Built

Built in 1910 | Remodeled in 2011

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Year Renovated: 2011
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab, Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Interior Access, Partially Finished, Sump Pump
  • Basement Footprint Percent: 50.00
  • Laundry Type: Hookup
  • Total Sq Ft: 1341
  • Living Area Sq Ft: 1341
  • Price Per Sq Ft: 87.11
  • Above Grade Finished Sq Ft: 1148
  • Below Grade Finished Sq Ft: 193
  • Total Below Grade Sq Ft: 193
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front, Cpvc/Pvc, Combination, Masonry
  • Roof: Flat, Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, 120/240V, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Horses: No
  • Fencing: Chain Link
  • Lot Features: Level, Open, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 80x14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.80
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3125.00
  • Assessor Parcel Number: 0306041670 022
  • Tax Lot: 022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,977 $132,400 $40,000 $92,400
2024 $2,977 $126,733
2023 $2,844 $121,067 $0 $0
2022 $2,723 $115,400 $40,000 $75,400
2021 $2,646 $112,100 $0 $0
2020 $2,568 $108,800 $0 $0
2019 $2,478 $105,500 $40,000 $65,500
2018 $2,411 $102,167 $0 $0
2017 $2,332 $98,833 $0 $0
2016 -- $95,500 $0 $0
2015 -- $80,933 $0 $0
2014 -- $66,367 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Pending -- -- --
07/09/2026 07/09/26 Price Changed $100,000 -20.0% $75 / Sq Ft
06/23/2026 06/23/26 For Sale $125,000 -- $93 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed $18,778 --
Deed $208,000 --
Source: Public Records

Source: Bright MLS

MLS Number: MDBA2220578

Bright MLS

APN: 1670-022

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