VIRTUALLY STAGED!! Turnkey Investment Opportunity Near Johns Hopkins Hospital. Positioned just several blocks from Johns Hopkins Hospital, this fully remodeled, two bedroom, 1 bath corner storefront rowhome offers a compelling opportunity for investors seeking a low maintenance rental asset in a high demand Baltimore City location. The recent renovation supports strong tenant appeal, featuring a bright open kitchen with all new stainless steel appliances, modern finishes, an updated bathroom with new fixtures, refreshed flooring, brand new lighting and two spacious bedrooms with ample natural light and closet storage. The unfinished basement adds practical storage and future expansion potential, while the new hot water tank and furnace help reduce near term capital improvement concerns. With area rents ranging from $1,600 to $2,000 per month, this property is well positioned as a turnkey rental or owner-occupant investment, offering immediate marketability, updated systems and proximity to one of Baltimore's strongest employment and medical anchors.
For sale
Price cut: $5K (7/9)
$139,900
523 N Patterson Park Ave, Baltimore, MD 21205
2beds
980sqft
:
Get pre-qualified$1,071/mo
Townhouse
Built in 1920
960 Square Feet Lot
$138,400 Zestimate®
$143/sqft
$-- HOA
What's special
Fully remodeledRefreshed flooringModern finishesCorner storefront rowhomeTwo bedroomBright open kitchenBrand new lighting
- 33 days |
- 141 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Ann Harycki 443-506-1208,
Taylor Properties 301-970-2447
Source: Bright MLS,MLS#: MDBA2220558
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
- Finished area above ground: 980
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 960 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 0307151654 012
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick, Stucco
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mcelderry Park
HOA
- Has HOA: No
Location
- Region: Baltimore
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $75,000
- Annual tax amount: $1,838
- Date on market: 6/25/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
$138,400
$131,000 - $145,000
$1,516/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $139,900-3.5%$143/sqft |
Source:  Bright MLS #MDBA2220558 Report a problem | ||
| 6/25/2026 | Listed for sale | $144,900+101.3%$148/sqft |
Source: Bright MLS #MDBA2220558 Report a problem | ||
| 1/3/2006 | Sold | $72,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $70,200 +15.5% |
| 2024 | $1,435 +18.3% | $60,800 +18.3% |
| 2023 | $1,213 +22.4% | $51,400 +22.4% |
| 2022 | $991 | $42,000 |
| 2021 | $991 | $42,000 |
| 2020 | $991 -23.9% | $42,000 -23.9% |
| 2019 | $1,303 | $55,200 |
| 2018 | $1,303 | $55,200 |
| 2017 | $1,303 +120% | $55,200 |
| 2016 | $592 | $55,200 +22.3% |
| 2015 | $592 | $45,133 +28.7% |
| 2014 | $592 | $35,067 +40.3% |
| 2013 | -- | $25,000 |
| 2012 | -- | $25,000 |
| 2011 | -- | $25,000 -50.1% |
| 2010 | -- | $50,100 +35.2% |
| 2009 | -- | $37,066 +20.6% |
| 2008 | -- | $30,733 +179.4% |
| 2007 | -- | $11,000 |
| 2006 | -- | $11,000 |
| 2005 | -- | $11,000 -8.3% |
| 2004 | -- | $12,000 |
| 2003 | -- | $12,000 |
| 2002 | -- | $12,000 -42.9% |
| 2001 | -- | $21,000 |
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: McElderry Park
Nearby schools
GreatSchools rating
- 1/10Tench Tilghman Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10National Academy FoundationGrades: 6-12Distance: 0.7 mi
- 3/10Paul Laurence Dunbar High SchoolGrades: 9-12Distance: 0.8 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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A local agent can set up tours, give advice and negotiate with sellers.
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