This Colonial-style townhouse in the desirable Penrose neighborhood presents a prime investment opportunity. Built in 1939, the property features 1,590 sq. ft. of finished space, including 3 bedrooms and 1.5 bathrooms. The finished basement offers potential for additional living space. The interior includes a dining area and a kitchen with table space, providing a functional layout. A detached garage adds convenience and value, while on-street parking ensures accessibility. The property requires major rehabilitation including the garage, allowing potential buyers to customize renovations to meet market demands and increase property value significantly. With a compact lot size of 0.03 acres, maintenance is manageable, making it an attractive option. This property is a solid choice for those looking to capitalize in a vibrant community. The property is winterized and utilities are off. Please bring a good flashlight for the basement.
Pending
$49,900
2239 Penrose Ave, Baltimore, MD 21223
3beds
1,590sqft
Townhouse
Built in 1939
1,283 Square Feet Lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Detached garageOn-street parkingDining areaKitchen with table space
- 32 days
- 188
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aaron Urban-Zukerberg 410-262-2418,
Cummings & Co. Realtors (410) 823-0033
Source: Bright MLS,MLS#: MDBA2231600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Area: 630
Heating
- None
Cooling
- None
Features
- Dining Area, Kitchen - Table Space
- Basement: Full,Finished,Exterior Entry,Rear Entrance
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,590 sqft
- Finished area above ground: 1,290
- Finished area below ground: 300
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Front, Detached, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Porch
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 1,283 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0320230159 020
- Zoning: R-7
- Special conditions: Probate Listing
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Fixer
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Penrose
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: BALTIMORE CITY
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $55,200
- Annual tax amount: $1,303
- Date on market: 9/17/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,846/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Pending sale | $49,900$31/sqft |
Source:  Bright MLS #MDBA2231600 Report a problem | ||
| 9/17/2026 | Listed for sale | $49,900-47.5%$31/sqft |
Source: Bright MLS #MDBA2231600 Report a problem | ||
| 1/30/2010 | Listing removed | $95,000$60/sqft |
Source: Bill Burris #BA6831353 Report a problem | ||
| 8/30/2009 | Listed for sale | $95,000-20.8%$60/sqft |
Source: Bill Burris #BA6831353 Report a problem | ||
| 8/3/2008 | Listed for sale | $120,000$75/sqft |
Source: Bill Burris #BA6831353 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,152 +15.1% | $48,800 +15.1% |
| 2024 | $1,001 +17.8% | $42,400 +17.8% |
| 2023 | $850 | $36,000 |
| 2022 | $850 | $36,000 |
| 2021 | $850 -5.3% | $36,000 -5.3% |
| 2020 | $897 +1.8% | $38,000 |
| 2019 | $881 +1.8% | $38,000 +3.6% |
| 2018 | $865 +1.9% | $36,667 +1.9% |
| 2017 | $850 -0.4% | $36,000 |
| 2016 | $853 | $36,000 |
| 2015 | $853 | $36,000 |
| 2014 | $853 | $36,000 |
| 2013 | -- | $36,000 |
| 2012 | -- | $36,000 |
| 2011 | -- | $36,000 +5.9% |
| 2010 | -- | $34,000 +6.3% |
| 2009 | -- | $32,000 +6.7% |
| 2008 | -- | $30,000 |
| 2007 | -- | $30,000 |
| 2006 | -- | $30,000 -25% |
| 2005 | -- | $40,000 |
| 2004 | -- | $40,000 |
| 2003 | -- | $40,000 |
| 2002 | -- | $40,000 |
| 2001 | -- | $40,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Penrose-Fayette Street Outreach
Nearby schools
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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