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About This Home
This 2-bedroom, 1-bathroom condo at 1309 E MADISON Street in BALTIMORE, MD is listed for $163,000 ($174 per sqft). Built in 1982, the home offers 936 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1982
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$992/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1309 E MADISON Street
BALTIMORE, MD 21205
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom condo at 1309 E MADISON Street is listed at $163,000 ($174/sqft). The estimated monthly payment is $826 based on 20% down at 6.5% interest.
HOA fees are $120/month.
Key features include: Built in 1982, 2 stories.
This property is listed by Michael P McNamara and can be reached at 4434683253 or mike.pat.mac@gmail.com.

























