2421 E Madison St, Baltimore, MD 21205
Local realty services provided by:ERA Valley Realty
2421 E Madison St,Baltimore, MD 21205
$158,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Townhouse
- Sold
Listed by: jamie l koehler
Office: cummings & co. realtors
MLS#:MDBA2170622
Source:BRIGHTMLS
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Price summary
- Price:$158,000
About this home
Incredible investment opportunity! Turnkey, occupied subsidized rental with 14+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1,836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341,960 on 12/27/2024. This one won’t last long!...
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Home facts
- Year built:1920
- Subdivision & Development:MCELDERRY PARK
- Listing ID #:MDBA2170622
- Added:478 day(s) ago
- Updated:December 17, 2025 at 12:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Luxury Vinyl Plank
- Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Dining Room
- Bathrooms Description:Bathroom 1, Bathroom 2, Half Bath
- Kitchen Description:Carpet, Kitchen - Eat-In, Kitchen - Table Space, Oven - Single, Oven/Range - Gas, Recessed Lighting, Refrigerator, Stove, Upgraded Countertops, Water Heater
- Bedroom Description:Carpet
- Basement:Yes
- Basement Description:Connecting Stairway, Daylight, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Partial, Space For Rooms, Walkout Stairs, Windows
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1920
- Lot Features:Corner, Corner Lot/Unit
- Architectural Style:Federal
- Construction Materials:Concrete
- Exterior Features:Enclosed, Exterior Lighting, Gutter System, Patio(s), Sidewalks, Street Lights
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$158,000
- Tax amount:$960 (2024)
Features and amenities
- Laundry features:Dryer, Dryer In Unit, Has Laundry, Laundry, Washer, Washer In Unit
- Amenities:Carbon Monoxide Detector(s), Carpet, Main Entrance Lock, Recessed Lighting, Security Gate, Smoke Detector
Parking
- Parking description:On Street
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