934 Argonne Dr, Baltimore, MD 21218
- $130,000
- 3
- BD
- 1
- BA
- 1,260
- SqFt
- Sold Price
- $130,000
- List Price
- $140,000
- Closing Date
- Mar 31, 2026
- MLS#
- MDBA2198488
- Year Built
- 1940
- Status
- CLOSED
- Type
- Townhome
- Bedrooms
- 3
- Baths All
- 1
- Baths Full
- 1
- Living Area
- 1,260
- County
- Baltimore City
- Subdivision
- Ednor Gardens Historic District
Property Description
Well-maintained 3BR / 1BA Baltimore City rowhome located just minutes from Morgan State University, offering immediate in-place rental income with long-term stability and future upside. The property has been tenant-occupied by the same resident for 13 years with a perfect payment history. The home was remodeled in 2013–2014 and features thoughtful updates and solid systems, including downstairs carpet replaced in 2024, hot water heater replaced in 2024, gas boiler heating system, and windows approximately 10 years old. Additional highlights include a dry basement, pitched roof with asphalt shingles, and one off-street parking space behind the property which will convey and is separately deeded. The property is Certified Lead Free by Leadtec Services, Inc., reducing compliance concerns for rental ownership. With modest cosmetic improvements, comparable resale values support an estimated after-repair value (ARV) of $215,000–$225,000, making this a compelling opportunity for investors seeking both income stability and equity growth. Property to be sold AS-IS. Seller will make no repairs. An excellent addition to a buy-and-hold portfolio in a strong Baltimore rental corridor near major institutions, transit, and commuter routes.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Style
- Colonial
- Interior Features
- Separate Dining Room
- Basement
- Other
- Cooling
- Ceiling Fan(s)
- Heating
- Radiator(s)
- Water
- Public
- HOA Fee
- $5
- Possession
- Settlement
- Days on Market
- 13
- Ownership
- Fee Simple