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1115 Carroll St, Baltimore, MD, 21230

2beds
2baths
1,510sqft
$1,430,000
$947price/sqft
$10,304/moest. monthly cost
$412,160/yrincome needed

About This Home

**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential. The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.

Getting Around

93
WalkingWalker's Paradise
85
TransitExcellent Transit
78
BikeVery Bikeable

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Other
  • Roof: Rubber
  • Construction materials: Other

Notable Dates

  • Major remodel year: 2009

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer,Water Heater,Gas Water Heater

Basement

  • Area: 585

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • 9'+ Ceilings,Dry Wall
  • Door features: Insulated,Six Panel
  • Window features: Vinyl Clad,Double Pane Windows,Insulated Windows
  • Finished area below ground: 292
  • Finished area above ground: 1,218

Heating & Cooling

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

Interior Area

  • Total structure area: 1,803
  • Total interior livable area: 1,510 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0321060791 008
  • Zoning: R-8
  • Special condition: Standard

Features

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

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Earthquake
Hurricane
Strong Wind
Tornado
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 $7,230$86,760
Home Insurance *$1,161$13,932
Property Taxes $1,632$19,584
Electricity $281$3,374
Total$10,304$123,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$353,280/yr
40% on housing$309,120/yr
45% on housing$274,773/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

$947This listing

vs Other Active Listings

Avg $/sqft

ZIP 21230$137
Baltimore City$101

vs Homes Sold Last Month

Median $/sqft

ZIP 21230$161
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
2026-02-02Listed for sale$1,430,000
2026-01-30Listing removed$130,000
2025-10-21Listed for sale$130,000
2016-10-05Sold$83,000
2016-07-07Listing removed$1,250
2016-07-05Listing removed$100,900
2016-06-07Price change$100,900
2016-03-12Price change$105,900
2016-01-06Price change$111,900
2015-11-10Listed for sale$121,900
2012-03-14Listing removed$1,050
2011-08-26Listed for rent$1,050
2011-07-14Listing removed$1,050
2011-02-18Listed for rent$1,050
2007-09-07Sold$59,000
2006-07-19Sold$100,000
2006-05-19Sold$65,000
2006-03-09Sold$22,575
2003-10-07Sold$16,700

For Sale by Agent

AgentYaakov Kanevsky
BrokerageMidfield Realty

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