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Listed by Michael McNamara • Allfirst Realty, Inc.

$146,700

Est. payment - /mo

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2 Beds

1 Bath

936 SqFt

Price Dropped by $16K

1309 E MADISON ST Baltimore, MD 21205

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Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $156

Subdivision None Available

MLS Listing ID MDBA2210154

Style Traditional

Bedrooms 2

Full Baths 1

Condo Fees $120/mo

HOA Y/N N

Abv Grd Liv Area 936

Year Built 1982

Annual Tax Amount $1,612

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Investor opportunity in the heart of Baltimore! This tenant-occupied 2-bedroom, 1-bath brick rowhome offers immediate rental income with strong long-term upside. **Current rent is $1,250/month with a reliable long-term tenant in place since 01/04/2019**, making this a true turnkey investment.

The property features a functional layout with spacious living and dining areas, updated kitchen with modern cabinetry and appliances, and generously sized bedrooms. Neutral finishes and durable flooring make for low-maintenance ownership.

Additional highlights include **assigned parking in a private rear lot**—a major bonus for city rentals—along with central air and ample natural light throughout.

Located in a convenient East Baltimore corridor, this home provides easy access to major commuter routes, downtown, and neighborhood revitalization projects. Just minutes from Johns Hopkins, Patterson Park, and the vibrant dining and entertainment options of Fells Point and Canton, this area continues to see steady rental demand and appreciation potential.

Perfect for investors looking to add a **cash-flowing property** to their portfolio with a tenant already in place. Great opportunity to secure a property in a growing market with built-in income from day one.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Amenities Available None

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Permanent

Above Ground Finished SqFt 936

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Pets Allowed Y

HOA Fee Include Management

Senior Community No

Tax ID 0310091242 025

Ownership Condominium

SqFt Source 936

Special Listing Condition Standard

Pets Allowed Case by Case Basis

NEARBY SCHOOL & BUSINESS

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1309 E MADISON ST Baltimore, MD 21205

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Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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1309 E MADISON ST