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224 W Read St, Baltimore, MD, 21201

1beds
2baths
2,250sqft
$150,000
$67price/sqft
$1,752/moest. monthly cost
$70,080/yrincome needed

About This Home

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, August 25, 2026. Live On Site Auction - Wednesday, August 26, 2026 at 11:00 AM. List price is opening bid only. Also being auctioned - 900 Tyson Street. 224-226 W. Read Street and 900 Tyson Street will each be offered individually, and the price reserved. The properties will then be offered together as an entirety. It will be at seller’s discretion to sell the properties individually or as an entirety. Owner’s sale of two adjoining three story brick buildings with parking and a separate parking lot in the Mount Vernon are of Baltimore City. The buildings represent a value add or redevelopment opportunity, suitable for development for retail, multifamily, office or mixed-use. The parking lot is arranged for 5 parking spaces, and may also be suitable for future development. The properties are located in the cultural heart of the City, near MICA, UB, the Baltimore Symphony Orchestra and less than one mile from Penn Station. The auction provides an opportunity to purchase adjoining buildings with significant square footage, parking, favorable zoning and in a location surrounded by Baltimore’s primary attractions. There will be separate and entirety offerings for both parcels.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
88
BikeVery Bikeable

Construction

Condition

  • Property condition: Fixer
  • Year built: 1900

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Luxury Vinyl,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 2,250

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0311020503 013
  • Zoning: C-1
  • Special condition: Auction

Features

  • Levels: Two and One Half
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 2,500 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Winter Weather
Hail
Hurricane
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$412$4,944
Property Taxes $296$3,552
Electricity $286$3,440
Total$1,752$21,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,068/yr
40% on housing$52,560/yr
45% on housing$46,720/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$67This listing

vs Other Active Listings

Avg $/sqft

ZIP 21201$142
Baltimore City$102

vs Homes Sold Last Month

Median $/sqft

ZIP 21201$149
Baltimore City$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
1997-02-10Sold$88,000

Unknown Listed By

AgentCharles Billig
BrokerageA.J. Billig & Company

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