29 days on rocket

2424 E Fayette St, Baltimore, MD, 21224

$499,000

Home List Price

$5,926*

Closing Credit

0 Baths
3,540 SqFt
$141/SqFt
Multi

Location

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2424 E Fayette St, Baltimore$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingFree, Parking Fee, Public, Off Site, Off Street, On Street, Other
Year Built1880
HeatingForced Air
CoolingCentral Air, Heat Pump, ENERGY STAR Qualified Equipment
BasementYes
ViewCity
MLS #MDBA2147332
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 2424 E Fayette St

**OPEN HOUSE SATURDAY, NOVEMBER 23 12-2 PM***Incredible Investment Opportunity in Baltimore! Perfect for investors looking for a sound investment that will generate income for years or a homeowner that wants to live in one apartment and rent out the other. Be prepared to be amazed with the beautiful renovation including exposed brick throughout, over 12' ceilings and tons of windows for natural light. Welcome to 2424 E Fayette Street, a high-quality, fully renovated (2020) end-of-group (EOG) brick townhouse. Located just two blocks from Patterson Park and less than a mile from Johns Hopkins, this property offers a prime location with modern updates and endless income potential. Featuring two fully separated apartments with private entrances and separate meters, this property is perfect for investors, owner-occupants, or short-term rental entrepreneurs. Unit A features 3 Bedrooms, 2 Full Baths, and a Flexible Lower Level. This expansive unit boasts a bright, open floor plan with exposed brick accents, high ceilings, and recessed lighting throughout. The large kitchen features granite countertops, a breakfast bar, stainless steel appliances, and 42-inch cabinets. Two large lower-level rooms offer flexibility as bedrooms (no windows), a family room, or office space, along with a full bathroom and laundry area. This unit previously rented for $1,880/month and can demand more. Unit B boasts 2 Bedrooms, 1 Full Bath and a Rooftop Deck! This charming second unit offers a stunning open floor plan with a well-appointed kitchen featuring granite countertops, brand-new stainless appliances, and 42-inch cabinets. Exposed brick, high ceilings, and recessed lighting create a modern yet inviting atmosphere. The unit includes two bedrooms, a ceramic-tiled full bath, and a conveniently located washer/dryer off the kitchen. A staircase leads to a private rooftop deck with breathtaking 360-degree city views, ideal for relaxation or entertaining. This unit also previously rented for $1,880/month and can generate more income at present day. Property Highlights include a fully renovated, turn key property with high-end finishes throughout. It can be used also as a short-term rental targeting travel nurses, doctors, and professionals. Walking distance to Patterson Park and easy access to Johns Hopkins, local amenities, and major commuter routes. There are separate entrances and meters for each unit. Don’t miss this exceptional opportunity to own a move-in-ready, income-generating property in one of Baltimore’s most desirable locations. Whether you're looking for a steady rental income, short-term rental business, or multi-generational living, this property has it all. Check out the virtual tours and schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1880
  • Living Area: 3,540 SqFt

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (443) 906-3840
  • Listing Agent: Regina Trakhtman

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Refrigerator, Ice Maker, Instant Hot Water, Self Cleaning Oven, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Fully Carpeted, Tile/Brick
  • Interior: Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Efficiency, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Island, Kitchen - Table Space, Laundry Chute, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Other

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Sidewalks, Street Lights, Other

Parking Information:

  • Parking: Free, Parking Fee, Public, Off Site, Off Street, On Street, Other

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Heat Pump, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: Sign on building

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $4,325
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

Med. Sold Price

$225.7K

Med. Price/SqFt

$162

Avg. Days On Market

36

# of Sold Homes

553

2424 E Fayette St vs Baltimore

29 DAYS ON ROCKET

-7 Days

$499,000

+$273.2K More

$141/SqFt

-$22 Less

KEY TAKEAWAY

This property is $273.2K more than the Median Sold Price and $22/SqFt less than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2147332

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (443) 906-3840
  • Listing Agent: Regina Trakhtman

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2019Home Sold
$90,000
Jan 26, 2007Home Sold
$212,500
May 06, 2005Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,325$72,967
2020$1,718$72,833
2019$4,486$72,700
2018$4,325$183,267
2017$4,143$175,533

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-64180
1
/10
  • William Paca Elementary School

  • 200 N Lakewood Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-64181
2
/10
  • Wolfe Street Academy

  • 245 S Wolfe St

  • 0.60 miles

  • Public Charter Grades PK-5

school-card-donut-64182
1
/10
  • Dr. Bernard Harris, Sr. Elementary School

  • 1400 N Caroline St

  • 1.20 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,929. Residents of Baltimore, MD typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMarylandBaltimore212242424 E Fayette St

This home is located at 2424 E Fayette St in Baltimore, MD and zip code 21224 in the Southeast neighborhood. This 3,540 square foot home, which was built in 1880, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $499,000.

In November 2024 more than 197 listings in Baltimore, MD were sold above the asking price. During the same period more than 151 listings were sold at asking price, while more than 205 were sold below. The inventory of homes for sale in Baltimore, MD between October 2024 and November 2024 increased by 4.6%. The median list price of listings available in November 2024 was $225,730, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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