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For sale
  • $146,700

    1309 E Madison St, Baltimore, MD 21205

    2beds
    936sqft
    : 
    $1,261/mo
    Get pre-qualified
    Townhouse
    Built in 1982
    -- sqft lot
    $101,400 Zestimate®
    $157/sqft
    $120/mo HOA

    What's special

    Brick rowhomeFunctional layoutCentral airAmple natural light throughoutNeutral finishesDurable flooringGenerously sized bedrooms
    Investor opportunity in the heart of Baltimore! This tenant-occupied 2-bedroom, 1-bath brick rowhome offers immediate rental income with strong long-term upside. **Current rent is $1,250/month with a reliable long-term tenant in place since 01/04/2019**, making this a true turnkey investment. The property features a functional layout with spacious living and dining areas, updated kitchen with modern cabinetry and appliances, and generously sized bedrooms. Neutral finishes and durable flooring make for low-maintenance ownership. Additional highlights include **assigned parking in a private rear lot**—a major bonus for city rentals—along with central air and ample natural light throughout. Located in a convenient East Baltimore corridor, this home provides easy access to major commuter routes, downtown, and neighborhood revitalization projects. Just minutes from Johns Hopkins, Patterson Park, and the vibrant dining and entertainment options of Fells Point and Canton, this area continues to see steady rental demand and appreciation potential. Perfect for investors looking to add a **cash-flowing property** to their portfolio with a tenant already in place. Great opportunity to secure a property in a growing market with built-in income from day one.
    219 days
    49
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael McNamara 443-468-3253,

    Allfirst Realty, Inc. 4433201344

    Source: Bright MLS,MLS#: MDBA2210154MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 936
      • Total interior livable area: 936 sqft
      • Finished area above ground: 936
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 0310091242 025
      • Zoning: R-8
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Permanent
      Condition
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $120 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: Management
      Location
      • Region: Baltimore
      • Municipality: Baltimore City

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $72,033
      • Annual tax amount: $1,612
      • Date on market: 4/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Condominium

        Estimated market value

        $101,400

        $82,000 - $122,000

        $1,246/mo

        Price history

        DateEventPrice
        8/7/2026Price change$146,700-10%$157/sqft
        Source: Bright MLS #MDBA2210154 Report a problem
        4/10/2026Listed for sale$163,000$174/sqft
        Source: Bright MLS #MDBA2210154 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Town

        Getting around

        89 / 100
        Very Walkable
        95 / 100
        Rider's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Baltimore City Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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