$125,000

2221 JEFFERSON ST, Baltimore, MD 21205

  • 3 beds |
  • 2 baths |
  • 1,341 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

SELLER FINANCING MAY BE AVAILABLE. 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.

Listing Status:
Active
Data Last Updated:
July 4, 2026 at 9:16PM
Listing Office:
EXP Realty, LLC : 8888607369
Listing Agent:
Thomas A Altvater : 4435103691
MLS ID:
MDBA2220578
  • General: Floor Plan - OpenWood Floors
  • Appliances: Oven/Range - GasRefrigeratorWasher/Dryer Hookups Only
  • Laundry: Hookup
  • Basement: DaylightPartialInterior accessPartially finishedSump pump
  • Flooring: Hardwood
  • A/C: Central A/C
  • Heating: 90% Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • Roofing: FlatRubber
  • General: BrickBrick FrontCPVC/PVCCombinationMasonry2SlabStone
  • Originating MLS: BRIGHT_MAIN
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY-MD
  • Zoning: R-80306041670 022
  • Fencing: ChainLink
  • Utilities: Electric availableNatural gas availableSewer availableWater available100 amp service120240 vCircuit breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Thomas A Altvater , EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby