$199,000

2415 E MADISON ST, Baltimore, MD 21205

  • 3 beds |
  • 2 baths |
  • 1,007 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $198/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

This is more than a home — it’s your first investment move. Welcome to 2415 E Madison Street, a perfectly located 3-bedroom, 1.5-bath property that gives new buyers and future investors a rare chance to enter the market at a price that still makes sense. Located just minutes from Johns Hopkins Hospital, this home was previously a long-term rental and is now primed for a buyer who wants to own affordably, generate equity over time, and build a rental portfolio without starting at half a million dollars. Here’s where it gets real: This property qualifies for multiple Baltimore City grant programs — including: Live Near Your Work First-Time Homebuyer Assistance Pair that with seller support to help you close, and you’ve got one of the lowest-cost entry points into real estate in a high-demand corridor. Inside, the layout is clean and functional — three true bedrooms, a convenient half-bath on the main level, and a backyard ready for small upgrades. With minor updates, this property can easily become your starter home or your first cash-flowing rental. Whether you're buying to live in now and rent later, or planning to lease from day one, this property checks all the boxes: location, price point, future value, and low barrier to entry. Own smarter. Build slower. Stack equity faster. 2415 E Madison is your first “yes” in the real estate game — and it won’t last long.

Listing Status:
Active
Listing Office:
EXP Realty, LLC : 8888607369
Listing Agent:
Lauren Melissa DiMartino : 8503813888
MLS ID:
MDBA2179936
  • General: CarpetKitchen - Eat-InKitchen - Table SpaceRecessed LightingSkylight(s)Upgraded Countertops
  • Rooms: Living RoomDining RoomBedroom 2Bedroom 3KitchenBedroom 1LaundryUtility RoomFull BathHalf Bath
  • Appliances: Built-In MicrowaveDishwasherOven/Range - GasRefrigeratorStainless Steel Appliances
  • Laundry: HookupMain Floor
  • Basement: ImprovedInterior accessSump pumpUnfinished
  • Flooring: Luxury vinyl plank
  • A/C: Ceiling Fan(s)
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Lauren Melissa DiMartino, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tench Tilghman Elementary/Middle School

600 N Patterson Park Ave, Baltimore, MD, 21205

Grades PK-8

0.16 miles away

T

Tench Tilghman Elementary/Middle School

600 N Patterson Park Ave, Baltimore, MD, 21205

Grades PK-8

0.16 miles away

N

National Academy Foundation

540 N Caroline St, Baltimore, MD, 21205

Grades 6-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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