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$146,700

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 936 Sq. Ft.
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Investor opportunity in the heart of Baltimore! This tenant-occupied 2-bedroom, 1-bath brick rowhome offers immediate rental income with strong long-term upside. **Current rent is $1,250/month with a reliable long-term tenant in place since 01/04/2019**, making this a true turnkey investment. The property features a functional layout with spacious living and dining areas, updated kitchen with modern cabinetry and appliances, and generously sized bedrooms. Neutral finishes and durable flooring make for low-maintenance ownership. Additional highlights include **assigned parking in a private rear lot**-a major bonus for city rentals-along with central air and ample natural light throughout. Located in a convenient East Baltimore corridor, this home provides easy access to major commuter routes, downtown, and neighborhood revitalization projects. Just minutes from Johns Hopkins, Patterson Park, and the vibrant dining and entertainment options of Fells Point and Canton, this area continues to see steady rental demand and appreciation potential. Perfect for investors looking to add a **cash-flowing property** to their portfolio with a tenant already in place. Great opportunity to secure a property in a growing market with built-in income from day one.

Full Property Details for 1309 E Madison St

General

  • Price: $146,700
  • HOA FEE: $120/month
  • Taxes: $1,612 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDBA2210154
  • Updated: 8/7/2026
  • Added to Site: 137 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 2

Additional Information

  • Shared Amenities: None

Parking

  • Parking Type: Parking Lot

Location

  • Municipality: Baltimore City
  • County: BALTIMORE CITY
  • Driving Directions: From Downtown Baltimore, head north on N Charles St, then turn right onto E Madison St. Continue east for about 1 mile—1309 E Madison St will be on your right.
  • City Limits: Yes

School Information

  • School District: Baltimore City Public Schools

Community

  • Assoc. Fees Include: Management
  • Pets Allowed: Yes
  • Pets: Case by Case Basis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Interior Row/Townhouse
  • Construction: Brick
  • Foundation: Permanent
  • Stories Description: Upper 1
  • Square Feet: 936
  • Sq. Ft. Source: Assessor
  • Living Area: 936 Sq. Ft.
  • Finished Above Grnd: 936 Sq. Ft.
  • Year Built: 1982
  • Year Built Source: Assessor

Lot Features

  • Zoning: R-8

Financial Considerations

  • Price Per Sq. Ft.: $156.73
  • Condo Fee: $120
  • Condo Fee Freq: Monthly
  • Assessment Year: 2026
  • City/TownTax: $1,535
  • City/TownTax Freq: Annually
  • County Tax: $76
  • County Tax Freq: Annually
  • Tax w/Assessment: $72,033
  • Tax Amount: $1,612
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 936

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Section: 9
  • Lot Number: 25

Listed by Allfirst Realty, Inc., Michael P McNamara

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Listing agent

— 1309 E Madison St —

  • Michael P McNamara

    Allfirst Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1309 E Madison St

School District:Baltimore City Public Schools
NameGradesDistance
Johnston Square Elementary School
1101 Valley Street, Baltimore, MD 21202
PK-50.4 mi
National Academy Foundation
540 North Caroline Street, Baltimore, MD 21205
6-120.2 mi
Baltimore Design School
1500 Barclay Street, Baltimore, MD 21202
6-100.8 mi
Baltimore Leadership School For Young Women
128 West Franklin Street, Baltimore, MD 21201
6-121 mi
Paul Laurence Dunbar High School
1400 Orleans Street, Baltimore, MD 21231
9-120.2 mi
Baltimore School For The Arts
712 Cathedral Street, Baltimore, MD 21201
9-121 mi
The Reach! Partnership School
2555 Harford Road, Baltimore, MD 21218
8-121.3 mi
The Crossroads School
802 South Caroline Street, Baltimore, MD 21231
6-81.2 mi
Stadium School
1400 Exeter Hall Avenue, Baltimore, MD 21218
6-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1309 E Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/07/2026
Price Reduced
$146,700
-10%
MLS
4/10/2026
Listed
$163,000
379.41%
MLS
10/30/2017
Sold
$34,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1309 E Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,472
9%
$68,300
9%
2023
$1,346
—
$62,667
10%
2023
$1,346
11%
$57,033
11%
2022
$1,213
10%
$51,400
10%
2021
$1,103
11%
$46,733
11%
2021
$993
13%
$42,067
12%
2020
$878
-1%
$37,400
—
2019
$883
8%
$37,400
—
2018
$821
-50%
$37,400
-50%
2017
$1,655
—
$75,000
—
2016
$1,660
-6%
$75,000
—
2015
$1,770
-1%
$75,000
—
2013
$1,785
—
$75,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1309 E Madison St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Allfirst Realty, Inc., Michael P McNamara

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1309 E Madison Street, Baltimore, MD 21205 (MLS# MDBA2210154) is a Townhouse property with 2 bedrooms and 1 full bathroom. 1309 E Madison Street is currently listed for $146,700 and was received on April 10, 2026. Want to learn more about 1309 E Madison Street? Do you have questions about finding other Townhouse real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

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