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2415 E MADISON STREET, BALTIMORE, MD 21205

MILTON-MONTFORD · BALTIMORE CITY County

Key Facts

3Beds
2Baths
1920Year Built
0.02Lot (acres)

Description

THIS PROPERTY IS ELIGIBLE FOR THE VACANT TO VALUE PROGRAM!!! 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.

Property Information

Property Type

Residential

Sub-Type

Townhouse

Structure Type

Townhouse

Year Built

1920

Lot Size

0.02 acres

Zoning

R-8

Days on Market

69

MLS® Listing#

MDBA2213244

Property Features

Interior

Eat-in KitchenRecessed LightingHigh Ceilings

Appliances

Gas RangeGas OvenElectric Water HeaterDishwasherRefrigeratorStainless Steel Appliance(s)Microwave

Cooling

Ceiling Fan(s)Electric

Heating

Natural GasForced Air

Flooring

CarpetVinyl

Basement

Sump PumpUnfinishedInterior Entry

Pool

None

Parking

On Street

Laundry

Main Level

Fencing

Wood

Construction

Brick

Foundation

Brick/Mortar

Roof

Flat

Windows

Skylight(s)

Community

SidewalksStreet Lights

Utilities

Sewer AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • Main
  • Bedroom 1
  • Bedroom 2
  • Dining RoomMain
  • KitchenMain
  • Living RoomMain
  • Utility Room

Schools

District:
BALTIMORE CITY PUBLIC SCHOOLS

Financial Details

HOA

None

Annual Taxes

$1,038

Tax year 2025

Assessed Value

$76,000

Parcel Number

0307011624 044

Directions

Google maps

Affordability Calculator

$36,980

Estimated monthly payment

$984/mo

Principal $147,919 · Est. interest $206,360 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in BALTIMORE, MD

$229,853
Median Listing Price
58
Median Days on Market
1,485
Median Sq Ft
$159
Median Price / Sq Ft
3,394
Active Listings
  • This home’s price is 20% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.

Location

  • 2415 E MADISON STREET, BALTIMORE, MD 21205

Points of Interest in BALTIMORE, MD

Showing the BALTIMORE area map.

Nearby Schools

  • Tench Tilghman Elementary Middle School

    Elementary · 0.2 mi away

  • Henderson Hopkins

    Elementary · 0.2 mi away

  • Dr Rayner Browne Elementary

    Elementary · 0.2 mi away

  • William Paca Elementary School

    Elementary · 0.4 mi away

  • Lin's Kids Childcare

    School · 0.4 mi away

  • Commodore John Rodgers Elementary/Middle School

    Elementary · 0.5 mi away

  • Patterson Park Public Charter School

    Elementary · 0.5 mi away

  • Collington Square Elementary School

    Elementary · 0.6 mi away

  • Fort Worthington Elementary Middle School

    Elementary · 0.6 mi away

  • Lakewood Elementary School

    Elementary · 0.6 mi away

  • Kennedy Krieger School

    Secondary · 0.7 mi away

  • New Spiritual Foundation Christian Academy

    School · 0.7 mi away

  • Community Initiatives Academy

    School · 0.8 mi away

  • National Academy Foundation

    School · 0.8 mi away

  • Naf Baltimore Middle and High School

    Secondary · 0.8 mi away

  • Bluford Drew Jemison Stem Academy Middle

    School · 0.8 mi away

  • Paul Laurence Dunbar High School

    Secondary · 0.9 mi away

  • Dr Bernard Harris Elementary

    Elementary · 0.9 mi away

  • Cristo Rey Jesuit High School

    Secondary · 1.0 mi away

  • Highlandtown Elementary/Middle School

    Elementary · 1.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in BALTIMORE

Listing Courtesy: EXP Realty, LLC - 8888607369

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#MDBA2213244. © 2026EXIT Realty®. All rights reserved.