2415 E MADISON STREET, BALTIMORE, MD 21205
MILTON-MONTFORD · BALTIMORE CITY County
Key Facts
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
Appliances
Cooling
Heating
Flooring
Basement
Pool
Parking
Laundry
Fencing
Construction
Foundation
Roof
Windows
Community
Utilities
Sewer
Water Source
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
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3210 MASSACHUSETTS AVENUE, BALTIMORE, MD | $129,450 | 3 | 2 | 1,216 |
| 1229 W SARATOGA STREET, BALTIMORE, MD | $129,900 | 3 | 2 | 1,400 |
| 3566 HORTON, BALTIMORE, MD | $129,900 | 3 | 2 | 960 |
| 2693 WILKENS AVENUE, BALTIMORE, MD | $129,900 | 3 | 1 | — |
| 2319 W LAFAYETTE AVENUE, BALTIMORE, MD | $129,900 | 4 | 3 | 1,776 |
| 2934 MCELDERRY STREET, BALTIMORE, MD | $129,900 | 3 | 1 | 1,304 |
Moving Cost Estimate
EXIT Agents in BALTIMORE
Listing Courtesy: EXP Realty, LLC - 8888607369