See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1701 Spence St, Baltimore, MD, 21230

4beds
3baths
2,600sqft
$339,000
$130price/sqft
$2,707/moest. monthly cost
$108,280/yrincome needed

About This Home

***INVESTOR SPECIAL*** Are you looking for a profitable and income producing AIRBNB Business? Welcome to 1701 Spence St. This is an income producing & profitable AIRBNB Business w/ 4.8 stars review. Currently has an average weekly rate of $1575 with gross potential yearly income of $60-80k with more to grow! 2024 Gross income was approx. $45k. This property was renovated top to bottom in 2021 with no expense spared. When you purchase this house, not only you'll get a newly renovated property with new (2021) everything; you'll also receive the system, how to, as well as the team the owner use to manage this business from the comfort of his home. This property is located in the outskirts of the city, so your guests will get the suburbs charm while still being very close to the best of what Baltimore City has to offer. Located 5 mins from Downtown Baltimore, Horseshoe Casino, all the major Highways, as well as being very close to UMBC, and all the major hospitals, big businesses & attractions your Airbnb guests will be here for. Ask Hans for the airbnb listing & more info! Seller prefer to use Advantage Title

Getting Around

70
WalkingSomewhat Walkable
49
TransitSome Transit
58
BikeBikeable

Schools

2/10
Green Street AcademyGrades 6-121.6 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1920

Materials

  • Foundation: Other
  • Roof: Asphalt
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stainless Steel Appliance(s),Washer,Dryer,Dishwasher,Microwave,Water Heater
  • Laundry features: In Basement

Basement

  • Area: 918

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Open Floorplan,Recessed Lighting,Walk-In Closet(s),High Ceilings
  • Window features: Skylight(s)
  • Flooring: Carpet,Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,600

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ductless,Electric

Interior Area

  • Total structure area: 3,518
  • Total interior livable area: 2,600 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 0325037805B001
  • Zoning: R-6
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: Four
  • Stories: 4
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Sidewalks
  • Fencing: Wire

Lot

  • Lot size: 3,916 sqft

Parking

  • Parking features: Enclosed,Private,Gravel,On Street,Driveway
  • 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 $1,714$20,568
Home Insurance *$275$3,300
Property Taxes $387$4,644
Electricity $331$3,975
Total$2,707$32,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,811/yr
40% on housing$81,210/yr
45% on housing$72,186/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

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 21230$144
Baltimore City$102

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
2026-01-06Listed for sale$399,000
2025-11-01Listing removed$450,000
2024-11-12Listed for sale$450,000
2024-07-01Listing removed--
2024-03-09Listed for sale$450,000
2024-02-20Contingent$450,000
2023-11-27Listed for sale$450,000
2022-06-20Listing removed$449,000
2022-05-31Listed for sale$449,000
2019-01-29Listing removed$65,000
2018-08-02Price change$65,000
2018-06-25Price change$69,999
2018-06-02Listed for sale$79,000
2018-02-22Sold$38,500
2017-12-20Listing removed$49,652
2017-09-13Listed for sale--
2017-08-21Sold$42,940
2003-04-16Sold$86,000
2001-08-16Sold$55,000
1997-12-31Sold$65,000

For Sale by Agent

AgentHans Perkasa
BrokerageReal Broker, LLC

Similar Homes