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For sale by owner
  • $499,999

    1125 Race St, Baltimore, MD 21230

    4beds
    4baths
    2,100sqft
    : 
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    SingleFamily
    Built in 2007
    1,307 Square Feet Lot
    $-- Zestimate®
    $238/sqft
    $-- HOA

    Overview

    Turnkey Investment Property – South Baltimore / Federal Hill (21230) Tenant in Place | Immediate Cash Flow | Direct Sale by Owner Rare opportunity to acquire a fully stabilized, professionally managed single-family rental in one of Baltimore's most sought-after neighborhoods - Federal Hill - South Baltimore. The property is currently leased through April 2027 at $3,650/month with a reliable long-term tenant in place, offering a buyer immediate income from day one with zero vacancy risk. Property Details 4 Bedrooms / 3.5 Bathrooms Annual gross rent: $43,800 Lease in effect through April 2027 Professionally managed (Port City Management) Recently updated - light cosmetic improvements completed Direct sale by owner - no listing agent, streamlined closing possible Ideal For Buy-and-hold investors seeking stabilized cash flow 1031 exchange buyers with timeline pressure Out-of-state investors wanting a managed, hands-off asset Available upon request: signed lease, rent payment history, property photos, and full address. Serious inquiries only - proof of funds or pre-approval requested before showing. Serious offers reviewed promptly. DM or contact directly to discuss.
    47 days
    |
    812
    |
    43
    |
    Listed by:

    Property Owner (571) 435-5287

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Forced air
      Cooling
      • Other
      Appliances
      • Included: Dryer, Washer
      • Laundry: In Unit
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Parking features: None, Garage
      Features
      • Exterior features: Other, Brick
      Lot
      • Size: 1,307 Square Feet
      Details
      • Parcel number: 23050948017

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Conventional
      Materials
      • Frame
      • Roof: Built-up
      Condition
      • New construction: No
      • Year built: 2007

      Community & HOA

      Location
      • Region: Baltimore

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $409,200
      • Date on market: 5/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,750/mo

        Price history

        DateEventPrice
        5/23/2026Listed for sale$499,9990%$238/sqft
        Source: Owner Report a problem
        4/3/2026Listing removed$3,650$2/sqft
        Source: Zillow Rentals Report a problem
        2/3/2026Listed for rent$3,650+7.4%$2/sqft
        Source: Zillow Rentals Report a problem
        1/27/2026Listing removed$500,000$238/sqft
        Source: Bright MLS #MDBA2191688 Report a problem
        12/4/2025Price change$500,000-4.8%$238/sqft
        Source: Bright MLS #MDBA2191688 Report a problem
        11/17/2025Price change$525,000-4.5%$250/sqft
        Source: Bright MLS #MDBA2191688 Report a problem
        11/11/2025Listed for sale$550,000-3.5%$262/sqft
        Source: Bright MLS #MDBA2191688 Report a problem
        11/6/2025Listing removed$3,400$2/sqft
        Source: Zillow Rentals Report a problem
        10/23/2025Price change$3,400-5.6%$2/sqft
        Source: Zillow Rentals Report a problem
        10/16/2025Price change$3,600-5.3%$2/sqft
        Source: Zillow Rentals Report a problem
        10/1/2025Listed for rent$3,800+18.8%$2/sqft
        Source: Zillow Rentals Report a problem
        9/29/2025Listing removed$570,000$271/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        9/22/2025Price change$570,000-0.9%$271/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        9/10/2025Price change$575,000-4.2%$274/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        8/26/2025Price change$599,999-4%$286/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        8/7/2025Price change$625,000-3.8%$298/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        7/24/2025Listed for sale$650,000+38%$310/sqft
        Source: Bright MLS #MDBA2154870 Report a problem
        5/27/2022Sold$471,000+4.7%$224/sqft
        Source: Bright MLS #MDBA2040130 Report a problem
        5/17/2022Pending sale$450,000$214/sqft
        Source: Bright MLS #MDBA2040130 Report a problem
        4/19/2022Contingent$450,000$214/sqft
        Source: Bright MLS #MDBA2040130 Report a problem
        4/18/2022Listed for sale$450,000+51.5%$214/sqft
        Source: Bright MLS #MDBA2040130 Report a problem
        2/19/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/9/2021Listed for rent$3,200+3.2%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/5/2017Listing removed$3,100$1/sqft
        Source: Zillow Rental Network Report a problem
        5/29/2017Price change$3,100-8.8%$1/sqft
        Source: Zillow Rental Network Report a problem
        5/16/2017Listed for rent$3,400$2/sqft
        Source: Zillow Rental Network Report a problem
        10/13/2010Sold$297,000-10.1%$141/sqft
        Source: Public Record Report a problem
        4/6/2010Sold$330,282+1405.9%$157/sqft
        Source: Public Record Report a problem
        2/7/2007Sold$21,933-85.4%$10/sqft
        Source: Public Record Report a problem
        11/15/2005Sold$150,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $409,200 +9.8%
        2024$8,798 +10.8%$372,800 +10.8%
        2023$7,939 $336,400
        2022$7,939 $336,400
        2021$7,939 -10.9%$336,400 -10.9%
        2020$8,914 $377,700
        2019$8,914 $377,700
        2018$8,914 -2.3%$377,700 -2.3%
        2017$9,124 +28.4%$386,600 +7.8%
        2016$7,106 $358,600 +8.5%
        2015$7,106 $330,600 +9.3%
        2014$7,106 $302,600 +0.3%
        2013-- $301,733 +0.3%
        2012-- $300,867 +0.3%
        2011-- $300,000 -39%
        2010-- $491,466 +1.5%
        2009-- $484,033 +1.6%
        2008-- $476,600 +1080.7%
        2007-- $40,366

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Sharp-Leadenhall

        Getting around

        96 / 100
        Walker's Paradise
        86 / 100
        Excellent Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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