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Dashboard
- 4 Beds
- 3 Baths
- 1,300 Sqft
- .02 Acres
2421 E Madison St
Incredible investment opportunity! Turnkey, occupied subsidized rental with 14+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1,836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341,960 on 12/27/2024. This one won’t last long!
Essential Information
- MLS® #MDBA2170622
- Price$165,000
- Bedrooms4
- Bathrooms3.00
- Full Baths3
- Square Footage1,300
- Acres0.02
- Year Built1920
- TypeResidential
- Sub-TypeEnd of Row/Townhouse
- StyleFederal
- StatusPending
Community Information
- Address2421 E Madison St
- SubdivisionMCELDERRY PARK
- CityBALTIMORE
- CountyBALTIMORE CITY-MD
- StateMD
- MunicipalityBaltimore City
- Zip Code21205
Amenities
- ViewCity, Street
Amenities
Stall Shower, Tub Shower, Bathroom - Walk-In Shower, Carpet, Recessed Lighting, Upgraded Countertops
Interior
- Interior FeaturesFloor Plan-Open
- HeatingForced Air
- CoolingNone
- Has BasementYes
- # of Stories3
- Stories3
Appliances
Dryer, Oven-Single, Oven/Range-Gas, Refrigerator, Stove, Washer, Water Heater
Basement
Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Space For Rooms, Windows, Outside Entrance, Walkout Stairs
Exterior
- ExteriorConcrete/Block
- Lot DescriptionCorner Lot
- FoundationOther
Exterior Features
Exterior Lighting, Sidewalks, Street Lights, Patio, Porch-enclosed, Fenced-Rear, Gutter System, Stone Fence, Fenced-Partially
School Information
- DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
- Date ListedJune 14th, 2025
- Days on Market68
- ZoningR-8
Listing Details
- OfficeCummings & Co. Realtors
- Office Contact(410) 823-0033
Price Change History for 2421 E Madison St, BALTIMORE, MD (MLS® #MDBA2170622)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending | – | – | |
| Active | – | – | |
| Pending | – | – | |
| Active | – | – | |
| Pending (from Active) | – | – |
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Listing information last updated on October 22nd, 2025 at 7:45am CDT.