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535 Oakland Ave, Baltimore, MD, 21212

4beds
3baths
2,445sqft
$190,000
$78price/sqft
$1,711/moest. monthly cost
$68,440/yrincome needed

About This Home

This is the opportunity you’ve been waiting for. Turnkey 2 unit investment property with tenants and active leases in place. Fully occupied with strong, reliable tenants and separately metered utilities, all paid by the tenants. Each unit offers 2 beds and 1 full bath, plus an additional full bath in the basement. There is also an extra basement room not included in the bedroom count that can easily be converted into a legal bedroom for added value. Well maintained with no immediate repairs needed and a valid rental license in place. Located just 2 miles from Morgan State University and 1.5 miles from Johns Hopkins University, providing strong rental demand. Rental income, lease details, market rent data, and comparable rentals are available upon request. Priced properly, in great condition, and already generating income, this will not last long. A strong opportunity for investors looking to build long term, generational wealth. Reach out with any questions and let’s get the ball rolling. Showings are by appointment only; please call or text listing agent (James Kirk) to coordinate.

Getting Around

76
WalkingVery Walkable
58
TransitGood Transit
41
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Area: 705

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • 9'+ Ceilings,Dry Wall
  • Finished area below ground: 705
  • Finished area above ground: 1,740

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,445
  • Total interior livable area: 2,445 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0327425211 037
  • Attached to another structure: Yes
  • Zoning: R6
  • 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
  • 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 $960$11,520
Home Insurance *$77$924
Property Taxes $363$4,356
Electricity $311$3,738
Total$1,711$20,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,662/yr
40% on housing$51,330/yr
45% on housing$45,626/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

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 21212$192
Baltimore City$102

vs Homes Sold Last Month

Median $/sqft

ZIP 21212$253
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
2026-04-23Listed for sale$190,000
2025-03-06Sold$158,000
2025-02-15Pending sale$169,989
2024-12-19Listed for sale$169,989
2024-11-27Listing removed$169,989
2024-11-21Listed for sale$169,989
2016-10-30Listing removed$85,000
2016-09-23Listed for sale$85,000
2015-09-16Listing removed$895
2015-09-01Price change$895
2015-08-17Price change$995
2015-07-16Listed for rent$1,100
2013-08-24Listing removed$119,900
2013-07-08Listed for sale$119,900
2006-01-03Sold$42,428

For Sale by Agent

AgentJames Kirk
BrokerageCENTURY 21 New Millennium

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