$325,000
SOLD JUL 31, 2025
6 Beds
2 Baths
3,116 Sq Ft
5,875 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

3% Above List Price

46 Days on Market

Highlights

  • Victorian Architecture
  • Central Air
  • 2-minute walk to Mullan Park
  • No HOA
  • Radiator

About This Home

As of July 2025

LIVE HERE AND MAKE MONEY! Welcome to 514 E. 41st Street – a rare opportunity in the heart of Waverly/Pen Lucy. Whether you're a savvy investor or looking to live in one unit and rent the other, this spacious, well-maintained duplex with bonus expansion potential checks every box--Two Income-Producing Units + Room to Grow. This beautifully preserved home offers two fully functional units with central air and separate utilities, ensuring comfort, privacy, and easy management. Lower-Level Unit Includes:
2 Bedrooms | 1 Bathroom, Bright, spacious kitchen, Generously sized living room and formal dining room, Dedicated utility room with washer/dryer hookup, Direct access to a large backyard, perfect for relaxing or entertaining. Upper-Level Unit Features: 4 Bedrooms | 1 Bathroom, Full kitchen with pantry, Comfortable living room and additional sitting area, Separate entrance to the backyard. Bonus Alert:
A third, unfinished floor is waiting for your vision—convert it into a third unit, a luxury primary suite, or use it for extra storage. Plus, the large basement houses separate BGE meters and offers even more space for storage or future use. Perfectly positioned near Johns Hopkins University, Loyola University, and Morgan State University, this property is ideal for attracting student renters, faculty, or professionals looking for easy access to everything Baltimore has to offer.. Whether you're looking to generate passive income, build equity, or both—514 E. 41st Street is the investment you've been waiting for. Property is currently tenant-occupied. More photos available upon request.

Last Agent to Sell the Property

Jennifer Marsh

(410) 925-1157 jennifer@mykeyhometeam.com Cummings & Co. Realtors License #668980 Listed on: 04/07/2025

Cummings & Co. Realtors

Co-Listed By

Ashira Barbosa

(410) 530-8390 ashira@mykeyhometeam.com Cummings & Co. Realtors License #639689

Last Buyer's Agent

Morgan Robbins

morganrobbins03@gmail.com Real Broker, LLC - Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1915

Lot Details

  • 5,875 Sq Ft Lot
  • Property is zoned R-6

Parking

  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Poured Concrete
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 0309013900 004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: 💰 LIVE HERE AND MAKE MONEY! 💰Welcome to 514 E. 41st Street – a rare opportunity in the heart of Waverly/Pen Lucy. Whether you're a savvy investor or looking to live in one unit and rent the other, this spacious, well-maintained duplex with bonus expansion potential checks every box--Two Income-Producing Units + Room to Grow. This beautifully preserved home offers two fully functional units with central air and separate utilities, ensuring comfort, privacy, and easy management. Lower-Level Unit Includes: 2 Bedrooms | 1 Bathroom, Bright, spacious kitchen, Generously sized living room and formal dining room, Dedicated utility room with washer/dryer hookup, Direct access to a large backyard, perfect for relaxing or entertaining. Upper-Level Unit Features: 4 Bedrooms | 1 Bathroom, Full kitchen with pantry, Comfortable living room and additional sitting area, Separate entrance to the backyard. Bonus Alert: A third, unfinished floor is waiting for your vision—convert it into a third unit, a luxury primary suite, or use it for extra storage. Plus, the large basement houses separate BGE meters and offers even more space for storage or future use. Perfectly positioned near Johns Hopkins University, Loyola University, and Morgan State University, this property is ideal for attracting student renters, faculty, or professionals looking for easy access to everything Baltimore has to offer.. Whether you're looking to generate passive income, build equity, or both—514 E. 41st Street is the investment you've been waiting for. Property is currently tenant-occupied. More photos available upon request.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Poured Concrete
  • Total Sq Ft: 4554
  • Living Area Sq Ft: 3116
  • Price Per Sq Ft: 101.09
  • Above Grade Finished Sq Ft: 3116
  • Below Grade Sq Ft: 1438
  • Total Below Grade Sq Ft: 1438
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • 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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

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: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5875.00
  • Year Assessed: 2024
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3774.00
  • Assessor Parcel Number: 0309013900 004
  • Tax Lot: 004
  • Tax Total Finished Sq Ft: 3116
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/31/2025

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2007
Sold by
Jones Dorcella M
Bought by
Nalty Charmaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$47,675
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Estimated Equity
$243,915

Purchase Details

Closed on
Jan 21, 2000
Sold by
Mclaren Douglas
Bought by
Jones Dorcella M

Purchase Details

Closed on
Oct 10, 1995
Sold by
Warren Glenis R
Bought by
Mclaren Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,248
Interest Rate
7.86%

Purchase Details

Closed on
Mar 2, 1994
Sold by
Bailey Est L M
Bought by
Warren Glenis R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $140,700 --
Deed $52,250 --
Deed $29,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 Credit Line Revolving
Open $126,630 Purchase Money Mortgage
Previous Owner $17,248 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $325,000 +3.2% $104 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $315,000 -- $101 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $3,756 $172,400 $30,000 $142,400
2024 $3,756 $159,933 $0 $0
2023 $3,480 $147,467 $0 $0
2022 $3,186 $135,000 $30,000 $105,000
2021 $4,076 $172,700 $30,000 $142,700
2020 $4,076 $172,700 $30,000 $142,700
2019 $4,110 $175,000 $30,000 $145,000
2018 $4,130 $175,000 $30,000 $145,000
2017 $4,130 $175,000 $0 $0
2016 $2,353 $175,000 $0 $0
2015 $2,353 $172,800 $0 $0
2014 $2,353 $170,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2160814

Bright MLS

APN: 3900-004