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4640 Marble Hall Rd, Baltimore, MD 21239

$229,000
: 3
BD
: 2
BA
: 1,520
SqFt

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List Price: $229,000
Status: ACTIVE
MLS#: MDBA2224930
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Living Area: 1,520
Style: Colonial
Year Built: 1944
County: Baltimore City
School District: Baltimore City Public Schools

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Property Description

Turnkey Investment — 10.3% Gross Yield / 8.95% Cap Rate, Occupied, Zero Work Required 3BR/1BA rowhome in a stable rental pocket, fully occupied with a paying tenant already in place. Lease runs through 10/31/26 at $1,959/month ($23,508/year), tenant-paid utilities — that's a 10.3% gross yield and a confirmed 8.95% cap rate at the $229,000 list price, with income starting day one and no vacancy gap. Updated kitchen with granite counters, updated flooring throughout. Finished lower level offers legal 4th-bedroom conversion potential for a rent bump at next turnover. Large rear yard adds tenant appeal and retention value. Well-maintained unit, responsive tenant history, low-turnover rental corridor. Priced for investors who want income now and upside later — not a renovation project, not a flip.

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Additional Information

Subdivision: None Available
School District: Baltimore City Public Schools
Heating: Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Basement: Connecting Stairway, Partial