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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.