934 Argonne Dr Baltimore, MD 21218
Pen Lucy NeighborhoodEstimated payment $968/month
Highlights
- Colonial Architecture
- Dining Area
- 5-minute walk to Andover and North Hill Park
- Ceiling Fan
- Radiator
About This Home
Well-maintained 3BR / 1BA Baltimore City rowhome located just minutes from Morgan State University, offering immediate in-place rental income with long-term stability and future upside. The property has been tenant-occupied by the same resident for 13 years with a perfect payment history. The home was remodeled in 2013–2014 and features thoughtful updates and solid systems, including downstairs carpet replaced in 2024, hot water heater replaced in 2024, gas boiler heating system, and windows approximately 10 years old. Additional highlights include a dry basement, pitched roof with asphalt shingles, and one off-street parking space behind the property which will convey and is separately deeded. The property is Certified Lead Free by Leadtec Services, Inc., reducing compliance concerns for rental ownership. With modest cosmetic improvements, comparable resale values support an estimated after-repair value (ARV) of $215,000–$225,000, making this a compelling opportunity for investors seeking both income stability and equity growth. Property to be sold AS-IS. Seller will make no repairs. An excellent addition to a buy-and-hold portfolio in a strong Baltimore rental corridor near major institutions, transit, and commuter routes.
Listing Agent
(443) 660-9229 juleswheeler09@gmail.com Keller Williams Legacy Brokerage Phone: 4436609229 License #660916 Listed on: 01/18/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,988
Year Built
- Built in 1940
Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 2 Levels
- Ceiling Fan
- Dining Area
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Radiator
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- Property has a Home Owners Association
- Ednor Gardens Historic District Subdivision
Listing and Financial Details
- Tax Lot 031
- Assessor Parcel Number 0309013972C031
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 | $2,820 | $126,600 | $30,000 | $96,600 |
| 2024 | $2,820 | $120,067 | -- | -- |
| 2023 | $2,679 | $113,533 | $0 | $0 |
| 2022 | $2,525 | $107,000 | $30,000 | $77,000 |
| 2021 | $2,490 | $105,500 | $0 | $0 |
| 2020 | $2,454 | $104,000 | $0 | $0 |
| 2019 | $2,407 | $102,500 | $30,000 | $72,500 |
| 2018 | $2,419 | $102,500 | $30,000 | $72,500 |
| 2017 | $2,419 | $102,500 | $0 | $0 |
| 2016 | $2,442 | $108,300 | $0 | $0 |
| 2015 | $2,442 | $95,533 | $0 | $0 |
| 2014 | $2,442 | $82,767 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2026 01/29/26 | Pending | -- | -- | -- | |
| 01/18/2026 01/18/26 | For Sale | $140,000 | +233.3% | $111 / Sq Ft | |
| 03/16/2012 03/16/12 | Sold | $42,000 | -6.5% | $39 / Sq Ft | View Prior Sale |
| 02/16/2012 02/16/12 | Pending | -- | -- | -- | |
| 02/13/2012 02/13/12 | Price Changed | $44,900 | -10.0% | $42 / Sq Ft | |
| 01/20/2012 01/20/12 | For Sale | $49,900 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | Definitive Title Llc | |
| Deed | $42,000 | Definitive Title | |
| Trustee Deed | $53,833 | Definitive Title | |
| Deed | $113,000 | -- | |
| Deed | $113,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $107,350 | Purchase Money Mortgage | |
| Previous Owner | $107,350 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: MDBA2198488
APN: 3972C-031
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