2221 Jefferson Street, Baltimore, MD 21205
- $95,000
- 3
- BD
- 2
- BA
- 1,148
- SqFt
- Sold Price
- $95,000
- List Price
- $100,000
- Closing Date
- Aug 03, 2026
- MLS#
- MDBA2220578
- Year Built
- 1910
- Status
- CLOSED
- Type
- Townhome
- Bedrooms
- 3
- Baths All
- 2
- Baths Full
- 2
- Living Area
- 1,148
- Total SqFt
- 1341
- County
- Baltimore City
- Subdivision
- Care
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.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Style
- Traditional
- Interior Features
- Floor Plan - Open, Wood Floors
- Basement
- Yes
- Cooling Fuel
- Electric
- Cooling
- Central A/C
- Heating Fuel
- Natural Gas
- Heating
- 90% Forced Air
- Hot Water
- Natural Gas
- Sewer Septic
- Public Sewer
- Water
- Public
- Tax Year
- 2025
- Possession
- Immediate, Settlement
- Days on Market
- 22
- Acres
- 0.03
- Ownership
- Fee Simple