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2421 E Madison St E, 
Baltimore, MD 21205

$165,000


4

Beds


3

Baths


1,300

Sq Ft


Townhouse


Virtual Tour

Active

Listed by

Jamie L Koehler

Cummings & Co. Realtors

Last updated:

June 17, 2025, 02:31 AM

MLS#

MDBA2170622

Source:

BRIGHTMLS

About This Home

2421 E Madison St E

Incredible investment opportunity! Turnkey, occupied subsidized rental with 11+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1,836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341,960 on 12/27/2024. This one won’t last long!

Home Facts

Townhouse

3 Baths

4 Bedrooms

Built in 1920

Price Summary

165,000

$126 per Sq. Ft.

MLS #:

MDBA2170622

Last Updated:

June 17, 2025, 02:31 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,300 Sq. Ft.


Structure

Structure

Architectural Style:

Federal

Building Area:

1,300 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$165,000

Price per Sq. Ft:

$126 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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