SELLER FINANCING MAY BE AVAILABLE. Investment Opportunity in a Prime East Baltimore Rental Corridor! Expand your investment portfolio with this cash-flow opportunity located just minutes from Johns Hopkins Hospital, Northeast Market, and Patterson Park. For investors looking to scale, the neighboring investment property at 2316 E Madison St (MLS# MDBA2220718) is also available—purchase one or both to create a strong Baltimore rental portfolio. 2221 Jefferson St underwent a comprehensive renovation in 2011, including all new roofing, framing, drywall, hardwood flooring, electrical, plumbing, kitchen, bathrooms, and other major systems. Today, the property primarily needs a deep cleaning, fresh paint, and minor cosmetic repairs to be rent-ready or move-in ready. Investors may also explore additional value-add opportunities, including the potential for a future rear parking pad (buyer to verify feasibility and approvals). A more extensive renovation strategy could push the after-repair value to $250,000+. The surrounding neighborhood continues to experience steady revitalization, with numerous renovated homes and ongoing investment throughout the area. Projected long-term rental income exceeds $1,700/month (based on comparable MLS and Zillow rental data), while furnished mid-term rentals (90-day minimum) are projected at $2,000+/month based on Furnished Finder market data. Whether you're looking for your next rental property, a value-add project, or an affordable opportunity to own near some of Baltimore’s largest employment centers, this property offers tremendous upside. Property is being sold strictly AS-IS. Cash, private money, or renovation financing only. The property is not expected to meet FHA appraisal and financing requirements. All systems are currently operational and functioning as intended.
For sale
Price cut: $30K (6/12)
$125,000
2221 Jefferson St, Baltimore, MD 21205
3beds
1,341sqft
Townhouse
Built in 1910
1,306 Square Feet Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Hardwood flooringAll new roofing
- 16 days |
- 311 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Thomas Altvater 443-510-3691,
EXP Realty, LLC 8888607369
Source: Bright MLS,MLS#: MDBA2220578
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Basement
- Area: 193
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Oven/Range - Gas, Refrigerator, Gas Water Heater
- Laundry: Hookup, Washer/Dryer Hookups Only
Features
- Open Floorplan, 9'+ Ceilings, Dry Wall
- Flooring: Hardwood, Wood
- Basement: Partial,Interior Entry,Partially Finished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,341
- Total interior livable area: 1,341 sqft
- Finished area above ground: 1,148
- Finished area below ground: 193
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 1,306 Square Feet
- Dimensions: 80 x 14
- Features: Level, Open Lot, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0306041670 022
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick, Brick Front, CPVC/PVC, Combination, Masonry
- Foundation: Slab, Stone
- Roof: Flat,Rubber
Condition
- New construction: No
- Year built: 1910
- Major remodel year: 2011
Utilities & green energy
- Electric: 100 Amp Service, 120/240V, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Care
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $132,400
- Annual tax amount: $3,125
- Date on market: 6/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(k),Other,Private Financing Available,Seller Financing
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,907/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $125,000-19.4%$93/sqft |
Source: | ||
| 4/13/2026 | Price change | $155,000-3.1%$116/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $160,000$119/sqft |
Source: eXp Realty #MDBA2194010 Report a problem | ||
| 2/17/2026 | Listing removed | $160,000$119/sqft |
Source: eXp Realty #MDBA2194010 Report a problem | ||
| 1/30/2026 | Listed for sale | $160,000-12.3%$119/sqft |
Source: | ||
| 12/2/2025 | Listing removed | $182,500$136/sqft |
Source: | ||
| 11/17/2025 | Listed for sale | $182,500+265%$136/sqft |
Source: | ||
| 3/6/2012 | Listing removed | $1,000$1/sqft |
Source: Yes We Rent Houses Report a problem | ||
| 2/10/2012 | Listed for rent | $1,000-23.1%$1/sqft |
Source: Yes, We Rent Houses Report a problem | ||
| 9/12/2011 | Listing removed | $1,300$1/sqft |
Source: Fox Reality Services Report a problem | ||
| 8/14/2011 | Price change | $1,300-18.8%$1/sqft |
Source: Fox Reality Services Report a problem | ||
| 7/26/2011 | Price change | $1,600+23.1%$1/sqft |
Source: RealRentals.com Report a problem | ||
| 5/15/2011 | Listed for rent | $1,300$1/sqft |
Source: Fox Reality Services Report a problem | ||
| 8/28/2010 | Listing removed | $50,000$37/sqft |
Source: RE/MAX 1st Advantage Realty #BA7149117 Report a problem | ||
| 2/20/2010 | Price change | $50,000-23.1%$37/sqft |
Source: RE/MAX 1st Advantage Realty #BA7149117 Report a problem | ||
| 6/17/2009 | Listed for sale | $65,000$48/sqft |
Source: RealtySoft.com #BA6947347 Report a problem | ||
| 4/25/2009 | Listing removed | $65,000$48/sqft |
Source: RealtySoft.com #BA6947347 Report a problem | ||
| 2/12/2009 | Listed for sale | $65,000+246.1%$48/sqft |
Source: RealtySoft.com #BA6947347 Report a problem | ||
| 6/21/2007 | Sold | $18,778$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $132,400 +4.5% |
| 2024 | $2,991 +4.7% | $126,733 +4.7% |
| 2023 | $2,857 +4.9% | $121,067 +4.9% |
| 2022 | $2,723 +2.9% | $115,400 +2.9% |
| 2021 | $2,646 +3% | $112,100 +3% |
| 2020 | $2,568 +3.1% | $108,800 +3.1% |
| 2019 | $2,490 +3.3% | $105,500 +3.3% |
| 2018 | $2,411 +3.4% | $102,167 +3.4% |
| 2017 | $2,332 | $98,833 +3.5% |
| 2016 | -- | $95,500 +18% |
| 2015 | -- | $80,933 +21.9% |
| 2014 | -- | $66,367 +28.1% |
| 2013 | -- | $51,800 |
| 2012 | -- | $51,800 |
| 2011 | -- | $51,800 -27.2% |
| 2010 | -- | $71,130 +46.9% |
| 2009 | -- | $48,420 +88.3% |
| 2008 | -- | $25,710 +757% |
| 2007 | -- | $3,000 |
| 2006 | -- | $3,000 |
| 2005 | -- | $3,000 |
| 2004 | -- | $3,000 |
| 2003 | -- | $3,000 |
| 2002 | -- | $3,000 -25% |
| 2001 | -- | $4,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Middle East
Nearby schools
GreatSchools rating
- 5/10Commodore John Rogers Elementary SchoolGrades: PK-8Distance: 3 mi
- 1/10National Academy FoundationGrades: 6-12Distance: 0.7 mi
- 3/10Paul Laurence Dunbar High SchoolGrades: 9-12Distance: 0.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Baltimore City
- Baltimore
- 21205
- Middle East
- 2221 Jefferson St






