$146,700
Original price: $163,000
2 Beds
1 Bath
936 sqft
1309 E Madison St, Baltimore, MD 21205
Home Highlights
Townhouse
Built in 1982
$157/sqft
Parking Lot
HOA $120/mo
Local Information
- Map ViewExplore the area around 1309 E Madison St.
- Schools1 Preschool School1 Elementary School11 Middle Schools28 High Schools
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 18 hours ago
Listing courtesy of Michael McNamara, (443) 468-3253
Allfirst Realty, Inc., (443) 320-1344
Source: Bright MLS, MLS#MDBA2210154
Also Listed on Bright MLS.
Home Details for 1309 E Madison St
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 936 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: PermanentNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Parking Lot |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 936 Square Feet |
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Days on Market: 154 |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Traditional |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 0310091242 025 |
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Price List Price: $146,700Price Per Sqft: $157 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: BALTIMORECommunity: None Available |
School Information Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools |
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Listing Agent Listing ID: MDBA2210154 |
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Building Area Building Area: 936 Square Feet |
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Not Senior Community |
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HOA Fee Includes: ManagementNo HOAHOA Fee: $120/Monthly |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Condominium |
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Mls Number: MDBA2210154Municipality: Baltimore CityAbove Grade Unfinished Area: 936 |
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HOA Amenities: NoneSource Internet Automated Valuation Display: YSource Internet Consumer Comment: NSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Old Town
At least 28 Trulia users voted on each feature.
88 % Say there are sidewalks
79 % Say there's holiday spirit
72 % Say yards are well-kept
66 % Say it's walkable to grocery stores
66 % Say streets are well-lit
63 % Say parking is easy
63 % Say car is needed
57 % Say it's walkable to restaurants
52 % Say kids play outside
50 % Say neighbors are friendly
45 % Say it's dog friendly
43 % Say they plan to stay for at least 5 years
35 % Say people would walk alone at night
30 % Say there are community events
23 % Say there's wildlife
20 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
Market trends in Baltimore
Last updated July 2026
Avg. sale price
$235K
$7KMoM
Sale-to-List Price
100.0%
Price per sq ft
$168
$6MoM
Available listings
3153
103MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Townhouse | $93,500 | 03/23/26 | 3 | 1 | 991 | |
0.12 | Townhouse | $95,000 | 03/13/26 | 3 | 1 | 992 | |
0.41 | Townhouse | $50,000 | 04/28/26 | 2 | 1 | 1,200 | |
0.11 | Townhouse | $180,000 | 04/30/26 | 3 | 1 | 2,068 | |
0.82 | Townhouse | $45,000 | 12/31/25 | 2 | 1 | 1,200 | |
0.78 | Townhouse | $45,000 | 02/19/26 | 3 | 1 | 1,026 | |
0.34 | Townhouse | $100,000 | 05/08/26 | 3 | 1.5 | 1,152 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $156,000 | 3 | 1 | 999 | Off Market | |
0.07 | $86,800 | 2 | 1 | 998 | Off Market | |
0.05 | $148,300 | 2 | 1 | - | Off Market | |
0.07 | $219,300 | 4 | 2.5 | 1,443 | Off Market | |
0.09 | $153,400 | 4 | 1.5 | 2,124 | Off Market | |
0.09 | $101,400 | 3 | 1.5 | 1,789 | Off Market | |
0.13 | $93,500 | 3 | 1 | 991 | Recently Sold | |
0.12 | $95,000 | 3 | 1 | 992 | Recently Sold | |
0.11 | $180,000 | 3 | 1 | 2,068 | Recently Sold | |
0.11 | $189,800 | 4 | 2 | 1,888 | Off Market | |
0.10 | $351,000 | 5 | 5 | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 7, 2026 Source: Bright MLS #MDBA2210154 | PriceChange | $146,700 Price decreased by 10% |
Apr 10, 2026 Source: Bright MLS #MDBA2210154 | Listed For Sale | $163,000 |
Dec 24, 2018 Source: Agent Provided | ListingRemoved | $1,250 |
Nov 24, 2018 Source: Agent Provided | Listed For Rent | $1,250 |
Oct 15, 2018 Source: Agent Provided | PriceChange | $124,900 Price decreased by 7% |
Sep 22, 2018 Source: Agent Provided | PriceChange | $134,900 Price decreased by 7% |
Jul 20, 2018 Source: Agent Provided | Listed For Sale | $144,900 |
Jan 16, 2018 Source: N/A | Sold | $34,000 |
Sep 16, 2017 Source: Agent Provided | ListingRemoved | $43,346 |
Sep 1, 2017 Source: Agent Provided | Listed For Sale | $0 |
Aug 17, 2017 Source: N/A | Sold | $30,400 |
Mar 4, 1996 Source: N/A | Sold | $45,000 |
Sep 29, 1995 Source: N/A | Sold | $19,000 |
Apr 17, 1995 Source: N/A | Sold | $42,250 |
Feb 2, 1995 Source: N/A | Sold | $53,700 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,612 | $68,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael McNamara, Allfirst Realty, Inc., (443) 320-1344
Agent Phone: (443) 468-3253
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2026 Bright MLS, Inc. Click here for more information
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Frequently asked questions about 1309 E Madison St
- What is the estimated monthly payment for 1309 E Madison St?Based on a $146,700 list price with 20% down at today's rates, the estimated monthly payment for 1309 E Madison St in Baltimore, MD is approximately $1,041 (about $788 principal & interest, $178 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1309 E Madison St compare to homes in Baltimore?1309 E Madison St in Baltimore, MD is listed at $146,700, about 38% below the $235K median sale price in Baltimore.
- What do residents say about the Old Town neighborhood?Residents describe the Old Town neighborhood in Baltimore, MD as pedestrian-friendly, well-kept, and walkable to grocery stores. See homes for sale in Old Town, Baltimore.
- What are the closest schools to 1309 E Madison St?The closest schools to 1309 E Madison St in Baltimore, MD are Academy For College And Career Exploration (Middle/High, rated 3/10), Augusta Fells Savage Institute Of Visual Arts (High, rated 1/10), Baltimore City College (High, rated 9/10).
- Does 1309 E Madison St have air conditioning?Yes, 1309 E Madison St in Baltimore, MD has air conditioning.
- Does 1309 E Madison St have parking?Yes, 1309 E Madison St in Baltimore, MD has on-site parking.