$199,999

Estimated payment $1,262/month

Total Views 4,432
4 Beds
2 Baths
1,617 Sq Ft
$124 Price per Sq Ft

Highlights

  • Colonial Architecture
  • No HOA
  • 90% Forced Air Heating and Cooling System

About This Home

Turnkey Investment Opportunity – Income-Producing Property in East Baltimore! Welcome to 47 S Morley Street, a smart addition to any investor’s portfolio! This well-maintained 4 bedroom, 2 bath townhome is already tenant-occupied and generating steady rental income—no need to search for a tenant or manage costly vacancy periods. Located in the up-and-coming Saint Josephs neighborhood, this solid brick home features updated mechanicals, a functional layout, and reliable rental history. The current tenant is in good standing, providing immediate cash flow with room for future rent growth. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate, this low-maintenance, income-producing property offers strong ROI potential in a high-demand rental market. Highlights: Tenant in place – start collecting rent immediately Low property taxes and manageable expenses Strong rental demand in the area Close to public transportation, shopping, and commuter routes Potential for long-term appreciation Don’t miss this opportunity to own a hands-off investment in Baltimore City with reliable cash flow. Schedule your showing today—please allow advance notice due to tenant occupancy.

Listing Agent

OLUMIDE ASHIRU-BALOGUN

Samson Properties License #5003229 Listed on: 07/11/2025

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 2021

Lot Details

  • 1,176 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 039
  • Assessor Parcel Number 0320192243C039

Community Details

Overview

  • No Home Owners Association
  • Saint Josephs Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,082

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 7/11/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2021
  • Remarks Public: Turnkey Investment Opportunity – Income-Producing Property in East Baltimore! Welcome to 47 S Morley Street, a smart addition to any investor’s portfolio! This well-maintained 4 bedroom, 2 bath townhome is already tenant-occupied and generating steady rental income—no need to search for a tenant or manage costly vacancy periods. Located in the up-and-coming Saint Josephs neighborhood, this solid brick home features updated mechanicals, a functional layout, and reliable rental history. The current tenant is in good standing, providing immediate cash flow with room for future rent growth. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate, this low-maintenance, income-producing property offers strong ROI potential in a high-demand rental market. Highlights: Tenant in place – start collecting rent immediately Low property taxes and manageable expenses Strong rental demand in the area Close to public transportation, shopping, and commuter routes Potential for long-term appreciation Don’t miss this opportunity to own a hands-off investment in Baltimore City with reliable cash flow. Schedule your showing today—please allow advance notice due to tenant occupancy.
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1764
  • Living Area Sq Ft: 1617
  • Price Per Sq Ft: 170.07
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 441
  • Below Grade Sq Ft: 147
  • Total Below Grade Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1176.00
  • Year Assessed: 2025
  • Zoning: R-6
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2082.00
  • Assessor Parcel Number: 0320192243C039
  • Tax Lot: 039
  • Tax Total Finished Sq Ft: 1617
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

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

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 $2,072 $100,367 -- --
2024 $2,072 $88,233 $0 $0
2023 $1,787 $76,100 $9,000 $67,100
2022 $1,729 $73,267 $0 $0
2021 $1,662 $70,433 $0 $0
2020 $1,595 $67,600 $9,000 $58,600
2019 $1,344 $67,600 $9,000 $58,600
2018 $1,315 $67,600 $9,000 $58,600
2017 $1,277 $71,000 $0 $0
2016 $1,163 $71,000 $0 $0
2015 $1,163 $71,000 $0 $0
2014 $1,163 $76,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $199,999 -- $124 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $40,400 Bay National Title Co
Trustee Deed $30,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,625 New Conventional
Previous Owner $70,875 FHA
Previous Owner $50,000 Stand Alone Second
Source: Public Records

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Source: Bright MLS

MLS Number: MDBA2172980

Bright MLS

APN: 2243C-039