2424 E Fayette St Baltimore, MD 21224
Patterson Place NeighborhoodEstimated payment $2,683/month
Highlights
- City View
- Colonial Architecture
- Cathedral Ceiling
- Open Floorplan
- Deck
- Space For Rooms
About This Home
Incredible Investment Opportunity in Baltimore! Perfect for investors looking for a sound investment that will generate income for years or a homeowner that wants to live in one apartment and rent out the other. Be prepared to be amazed with the beautiful renovation including exposed brick throughout, over 12' ceilings and tons of windows for natural light. Welcome to 2424 E Fayette Street, a high-quality, fully renovated (2020) end-of-group (EOG) brick townhouse. Located just two blocks from Patterson Park and less than a mile from Johns Hopkins, this property offers a prime location with modern updates and endless income potential. Featuring two fully separated apartments with private entrances and separate meters, this property is perfect for investors, owner-occupants, or short-term rental entrepreneurs. Unit A features 3 Bedrooms, 2 Full Baths, and a Flexible Lower Level. This expansive unit boasts a bright, open floor plan with exposed brick accents, high ceilings, and recessed lighting throughout. The large kitchen features granite countertops, a breakfast bar, stainless steel appliances, and 42-inch cabinets. Two large lower-level rooms offer flexibility as bedrooms (no windows), a family room, or office space, along with a full bathroom and laundry area. This unit previously rented for $1,880/month and can demand more. Unit B boasts 2 Bedrooms, 1 Full Bath and a Rooftop Deck! This charming second unit offers a stunning open floor plan with a well-appointed kitchen featuring granite countertops, brand-new stainless appliances, and 42-inch cabinets. Exposed brick, high ceilings, and recessed lighting create a modern yet inviting atmosphere. The unit includes two bedrooms, a ceramic-tiled full bath, and a conveniently located washer/dryer off the kitchen. A staircase leads to a private rooftop deck with breathtaking 360-degree city views, ideal for relaxation or entertaining. This unit also previously rented for $1,880/month and can generate more income at present day. Property Highlights include a fully renovated, turn key property with high-end finishes throughout. It can be used also as a short-term rental targeting travel nurses, doctors, and professionals. Walking distance to Patterson Park and easy access to Johns Hopkins, local amenities, and major commuter routes. There are separate entrances and meters for each unit. Don’t miss this exceptional opportunity to own a move-in-ready, income-generating property in one of Baltimore’s most desirable locations. Whether you're looking for a steady rental income, short-term rental business, or multi-generational living, this property has it all. Check out the virtual tours and schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,772
Year Built
- Built in 1880 | Remodeled in 2021
Lot Details
- 3,360 Sq Ft Lot
- Corner Lot
- Ground Rent of $120 expires in 120 years
Home Design
- Duplex
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Wood Foundation
- Permanent Foundation
- Block Foundation
- Stone Foundation
- Slab Foundation
- Wood Roof
- Fiberglass Roof
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Brick Wall or Ceiling
- Cathedral Ceiling
- Recessed Lighting
- Vinyl Clad Windows
- Insulated Windows
- Wood Frame Window
- Insulated Doors
- Six Panel Doors
- Dining Area
- Efficiency Studio
- City Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Kitchen in Efficiency Studio
- Gas Oven or Range
- Self-Cleaning Oven
- Built-In Range
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Ice Maker
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
- Instant Hot Water
Flooring
- Wall to Wall Carpet
- Tile or Brick
- Ceramic Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Stacked Electric Washer and Dryer
- Laundry Chute
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior Basement Entry
- Water Proofing System
- Sump Pump
- Space For Rooms
- Rough-In Basement Bathroom
- Natural lighting in basement
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Public Parking
- Free Parking
- On-Street Parking
- Off-Street Parking
- Off-Site Parking
- Parking Fee
Accessible Home Design
- Doors with lever handles
- Level Entry For Accessibility
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- ENERGY STAR Qualified Equipment
Outdoor Features
- Deck
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Programmable Thermostat
- 110 Volts
- Tankless Water Heater
Community Details
- 2 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 065
- Assessor Parcel Number 0306031690 065
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 | $1,764 | $76,100 | $60,000 | $16,100 |
2024 | $1,764 | $75,100 | $0 | $0 |
2023 | $1,740 | $74,100 | $0 | $0 |
2022 | $1,725 | $73,100 | $60,000 | $13,100 |
2021 | $1,722 | $72,967 | $0 | $0 |
2020 | $1,719 | $72,833 | $0 | $0 |
2019 | $4,486 | $72,700 | $60,000 | $12,700 |
2018 | $4,325 | $183,267 | $0 | $0 |
2017 | $4,143 | $175,533 | $0 | $0 |
2016 | $4,472 | $167,800 | $0 | $0 |
2015 | $4,472 | $167,800 | $0 | $0 |
2014 | $4,472 | $167,800 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/02/2025 04/02/25 | Price Changed | $459,000 | 0.0% | $130 / Sq Ft |
04/02/2025 04/02/25 | Price Changed | $459,000 | -6.1% | $130 / Sq Ft |
01/28/2025 01/28/25 | For Sale | $489,000 | 0.0% | $138 / Sq Ft |
01/23/2025 01/23/25 | Price Changed | $489,000 | -2.0% | $138 / Sq Ft |
11/19/2024 11/19/24 | For Sale | $499,000 | +454.4% | $141 / Sq Ft |
08/23/2019 08/23/19 | Sold | $90,000 | 0.0% | $40 / Sq Ft |
02/22/2019 02/22/19 | Pending | -- | -- | -- |
02/22/2019 02/22/19 | Off Market | $90,000 | -- | -- |
02/09/2019 02/09/19 | For Sale | $94,800 | +5.3% | $42 / Sq Ft |
02/07/2019 02/07/19 | Off Market | $90,000 | -- | -- |
02/04/2019 02/04/19 | Price Changed | $94,800 | 0.0% | $42 / Sq Ft |
02/04/2019 02/04/19 | For Sale | $94,800 | +5.3% | $42 / Sq Ft |
01/30/2019 01/30/19 | Off Market | $90,000 | -- | -- |
01/04/2019 01/04/19 | Price Changed | $99,700 | 0.0% | $45 / Sq Ft |
01/04/2019 01/04/19 | For Sale | $99,700 | +10.8% | $45 / Sq Ft |
11/15/2018 11/15/18 | Pending | -- | -- | -- |
11/10/2018 11/10/18 | Off Market | $90,000 | -- | -- |
10/19/2018 10/19/18 | Price Changed | $104,900 | -5.0% | $47 / Sq Ft |
10/19/2018 10/19/18 | For Sale | $110,400 | +22.7% | $49 / Sq Ft |
10/18/2018 10/18/18 | Off Market | $90,000 | -- | -- |
10/03/2018 10/03/18 | For Sale | $110,400 | +22.7% | $49 / Sq Ft |
09/26/2018 09/26/18 | Off Market | $90,000 | -- | -- |
02/22/2018 02/22/18 | For Sale | $150,000 | -- | $67 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Assignment Deed | $90,000 | Premium Title Services | |
Trustee Deed | $174,250 | None Available | |
Deed | $212,500 | -- | |
Deed | $60,000 | -- | |
Deed | $42,875 | -- | |
Deed | $6,500 | -- | |
Deed | $35,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $180,625 | Purchase Money Mortgage | |
Previous Owner | $120,000 | Unknown |
Source: Bright MLS
MLS Number: MDBA2147332

APN: 1690-065
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