This Colonial-style townhouse, built in 1924 and set for light renovations in 2025, presents a compelling investment opportunity. With a total finished area of 1,164 sq. ft. , the property features three bedrooms and one full bathroom, offering a solid foundation for value enhancement. The interior, currently in average condition, allows for customization to meet modern standards, potentially increasing rental income and resale value. The unfinished basement provides additional space for expansion or storage, while the main entrance lock enhances security. Located in an area with on-street parking, this property is poised for appreciation as renovations are completed. Investors can capitalize on the anticipated demand for updated residential units in this market. The combination of historical charm and modern upgrades positions this property as a lucrative asset for those seeking long-term returns. Explore the potential of this investment and secure your future in real estate.
For sale
$145,000
509 N Highland Ave, Baltimore, MD 21205
3beds
1,164sqft
Townhouse
Built in 1924
0 Square Feet Lot
$141,000 Zestimate®
$125/sqft
$-- HOA
What's special
Unfinished basementOn-street parkingThree bedrooms
- 18 days |
- 106 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Alexi Correa 443-763-2741,
Cummings & Co. Realtors (410) 823-0033
Source: Bright MLS,MLS#: MDBA2222132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: In Basement, Has Laundry
Features
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,164
- Total interior livable area: 1,164 sqft
- Finished area above ground: 1,164
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 0 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0326206166 049
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Permanent
Condition
- Average
- New construction: No
- Year built: 1924
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Main Entrance Lock
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $76,767
- Annual tax amount: $1,513
- Date on market: 7/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 17700
Estimated market value
$141,000
$134,000 - $148,000
$1,690/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $145,000+20.8%$125/sqft |
Source:  Bright MLS #MDBA2222132 Report a problem | ||
| 12/26/2025 | Sold | $120,000$103/sqft |
Source: Bright MLS #MDBA2172500 Report a problem | ||
| 9/3/2025 | Pending sale | $120,000$103/sqft |
Source:  Long & Foster Broker Feed #MDBA2172500 Report a problem | ||
| 7/24/2025 | Price change | $120,000-7.7%$103/sqft |
Source: Long & Foster Broker Feed #MDBA2172500 Report a problem | ||
| 6/19/2025 | Listed for sale | $130,000+202.3%$112/sqft |
Source: Long & Foster Broker Feed #MDBA2172500 Report a problem | ||
| 9/7/2004 | Sold | $43,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $76,767 +19.8% |
| 2024 | $1,513 +1.9% | $64,100 +1.9% |
| 2023 | $1,485 +1.9% | $62,933 -1.8% |
| 2022 | $1,458 +1.9% | $64,100 +5.8% |
| 2021 | $1,430 +0.6% | $60,600 +0.6% |
| 2020 | $1,422 +0.6% | $60,267 -0.5% |
| 2019 | $1,414 +0.6% | $60,600 +1.7% |
| 2018 | $1,407 | $59,600 |
| 2017 | $1,407 -17.3% | $59,600 |
| 2016 | $1,701 | $59,600 -15% |
| 2015 | $1,701 | $70,100 |
| 2014 | $1,701 | $70,100 |
| 2013 | -- | $70,100 -2.4% |
| 2012 | -- | $71,800 |
| 2011 | -- | $71,800 |
| 2010 | -- | $71,800 -1.6% |
| 2009 | -- | $72,960 +13.3% |
| 2008 | -- | $64,396 +15.3% |
| 2007 | -- | $55,833 +18.1% |
| 2006 | -- | $47,270 +5.3% |
| 2005 | -- | $44,872 +5.6% |
| 2004 | -- | $42,476 +6% |
| 2003 | -- | $40,080 +0% |
| 2002 | -- | $40,060 +0% |
| 2001 | -- | $40,040 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ellwood Park-Monument
Nearby schools
GreatSchools rating
- 3/10Highlandtown Elementary #237Grades: PK-8Distance: 0.6 mi
- 1/10National Academy FoundationGrades: 6-12Distance: 1.5 mi
- 3/10Paul Laurence Dunbar High SchoolGrades: 9-12Distance: 1.6 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.
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