2415 E Madison St Baltimore, MD 21205
Milton-Montford NeighborhoodEstimated payment $1,052/month
Highlights
- City View
- No HOA
- Stainless Steel Appliances
- Colonial Architecture
- Upgraded Countertops
- Skylights
About This Home
This is more than a home — it’s your first investment move. Welcome to 2415 E Madison Street, a perfectly located 3-bedroom, 1.5-bath property that gives new buyers and future investors a rare chance to enter the market at a price that still makes sense. Located just minutes from Johns Hopkins Hospital, this home was previously a long-term rental and is now primed for a buyer who wants to own affordably, generate equity over time, and build a rental portfolio without starting at half a million dollars. Here’s where it gets real:
This property qualifies for multiple Baltimore City grant programs — including:
Live Near Your Work
First-Time Homebuyer Assistance Pair that with seller support to help you close, and you’ve got one of the lowest-cost entry points into real estate in a high-demand corridor. Inside, the layout is clean and functional — three true bedrooms, a convenient half-bath on the main level, and a backyard ready for small upgrades. With minor updates, this property can easily become your starter home or your first cash-flowing rental. Whether you're buying to live in now and rent later, or planning to lease from day one, this property checks all the boxes: location, price point, future value, and low barrier to entry. Own smarter. Build slower. Stack equity faster.
2415 E Madison is your first “yes” in the real estate game — and it won’t last long.
Listing Agent
(850) 381-3888 laurendimartinorealty@gmail.com EXP Realty, LLC License #680820 Listed on: 08/22/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $960
Year Built
- Built in 1920 | Remodeled in 2024
Lot Details
- 910 Sq Ft Lot
- Wood Fence
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Property has 3 Levels
- Ceiling height of 9 feet or more
- Ceiling Fan
- Skylights
- Recessed Lighting
- Double Hung Windows
- Six Panel Doors
- Living Room
- Dining Room
- Utility Room
- City Views
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Improved Basement
- Interior Basement Entry
- Sump Pump
Location
- Urban Location
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 044
- Assessor Parcel Number 0307011624 044
Community Details
Overview
- No Home Owners Association
- Milton Montford Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $955 | $44,000 | $9,000 | $35,000 |
| 2024 | $955 | $40,667 | $0 | $0 |
| 2023 | $877 | $37,333 | $0 | $0 |
| 2022 | $802 | $34,000 | $7,000 | $27,000 |
| 2021 | $732 | $31,000 | $0 | $0 |
| 2020 | $31 | $28,000 | $0 | $0 |
| 2019 | $28 | $25,000 | $5,000 | $20,000 |
| 2018 | $28 | $25,000 | $5,000 | $20,000 |
| 2017 | $28 | $25,000 | $0 | $0 |
| 2016 | $242 | $100,000 | $0 | $0 |
| 2015 | $242 | $100,000 | $0 | $0 |
| 2014 | $242 | $100,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $184,900 | -0.1% | $184 / Sq Ft |
| 09/30/2025 09/30/25 | Price Changed | $185,000 | -7.0% | $184 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $199,000 | -- | $198 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Integrity Title & Escrow Co | |
| Deed | $3,000 | -- | |
| Deed | $18,044 | -- |
Source: Bright MLS
MLS Number: MDBA2179936
APN: 1624-044
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