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3908 Fairfax Rd, Baltimore, MD, 21216

2beds
2baths
1,080sqft
$130,000
$120price/sqft
$1,273/moest. monthly cost
$50,920/yrincome needed

About This Home

Turnkey investment opportunity on a quiet, low-traffic street. This 2-bedroom, 1.5-bath property offers immediate cash flow with a long-term tenant already in place who would like to remain—providing stability and minimizing vacancy risk from day one. The home features a functional layout with solid rental appeal, making it an easy addition to any portfolio. Whether you’re a seasoned investor looking to expand or just getting started, this property offers a straightforward, income-producing asset with consistent occupancy. Located in a desirable rental area with strong demand, this is a low-maintenance opportunity with reliable returns and future upside potential. Add this one to your portfolio and start earning from closing.

Getting Around

70
WalkingSomewhat Walkable
58
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

4/10
1/10
Forest Park High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Permanent
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 540

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,080

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,080 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0315252752 056
  • Zoning: R-6
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather

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 $657$7,884
Home Insurance *$76$912
Property Taxes $259$3,108
Electricity $281$3,374
Total$1,273$15,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,645/yr
40% on housing$38,190/yr
45% on housing$33,946/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

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 21216$73
Baltimore City$102

vs Homes Sold Last Month

Median $/sqft

ZIP 21216$110
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)

Price History

DateEventPrice
2026-05-07Price change$130,000
2026-03-20Listed for sale$150,000
2014-05-22Sold$72,500
2010-12-04Listing removed$45,900
2010-01-10Listed for sale$45,900
2009-10-03Listing removed$60,000
2009-01-18Listed for sale$60,000

For Sale by Agent

AgentDan Thompson
BrokerageKeller Williams Gateway LLC

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