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2221 JEFFERSON ST, BALTIMORE, MD 21205

3 Beds

2 Baths

1,341SqFt

Active

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.

Property Details
Price $125,000
Bedrooms 3
Full Baths 2
Total Baths 2
Property Style Traditional
Lot Size 80x14
Lot Size Area Units Square Feet
Acres 0.03
Property Type Residential
Sub type Townhouse
MLS Sub type Interior Row/Townhouse
Stories 2
Features Floor Plan - Open,Wood Floors
Year Built 1910
Subdivision CARE
Roof Flat,Rubber
Heating 90% Forced Air
Foundation Slab,Stone
Accessibility None
Lot Description Level,Open,Rear Yard
Geographic Data
Directions Follow GPS
County BALTIMORE CITY
Latitude 39.29639
Longitude -76.58585
Address Information
Address 2221 JEFFERSON ST, BALTIMORE, MD 21205
Postal Code 21205
City BALTIMORE
Cross Street N Madeira St
State MD
Country United States
Listing Information
Listing Office EXP Realty, LLC
Listing Office Email md.broker@exprealty.net
Listing Agent Thomas Altvater
Special listing conditions Standard
Ownership Fee Simple
Terms Cash,FHA 203(k),Other,Private
School Information
District BALTIMORE CITY PUBLIC SCHOOLS
MLS Information
Days on market 1
MLS Status Active
Listing Date Jun 23, 2026
Listing Last Modified Jun 23, 2026
Tax ID 0306041670 022
Tax Year 2025
Tax Annual Amount 3125
MLS # MDBA2220578

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Last updated: 2026-06-24T05:30:25.560524Z. Listing information is provided by Bright MLS. Listings are generated from various brokers who participate in IDX. Information is deemed reliable but not guaranteed.