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.
For sale
$229,000
4640 Marble Hall Rd, Baltimore, MD 21239
3beds
1,520sqft
Townhouse
Built in 1944
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Finished lower levelWell-maintained unitLarge rear yardUpdated flooring throughout
- 26 days |
- 188 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Brian DiNardo 410-916-3693,
Cummings & Co. Realtors (410) 823-0033,
Listing Team: Garner+co
Source: Bright MLS,MLS#: MDBA2224930
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Area: 608
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Connecting Stairway,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,520 sqft
- Finished area above ground: 1,216
- Finished area below ground: 304
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0327445267E028
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $93,600
- Annual tax amount: $2,048
- Date on market: 7/28/2026
- Listing agreement: Exclusive Agency
- Ownership: Ground Rent
Estimated market value
Not available
Estimated sales range
Not available
$2,311/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $229,000+205.3%$151/sqft |
Source:  Bright MLS #MDBA2224930 Report a problem | ||
| 6/23/2017 | Sold | $75,000+31.1%$49/sqft |
Source: Agent Provided Report a problem | ||
| 5/13/2017 | Listed for sale | $57,200$38/sqft |
Source: RE/MAX First Choice #BA9946465 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $86,800 +8.5% |
| 2024 | $1,888 | $80,000 |
| 2023 | $1,888 | $80,000 |
| 2022 | $1,888 | $80,000 |
| 2021 | $1,888 | $80,000 |
| 2020 | $1,888 -14.2% | $80,000 -33.1% |
| 2019 | $2,200 -16.8% | $119,600 +6.8% |
| 2018 | $2,643 | $112,000 |
| 2017 | $2,643 +106% | $112,000 |
| 2016 | $1,283 | $112,000 -1.7% |
| 2015 | $1,283 | $113,900 |
| 2014 | $1,283 | $113,900 |
| 2013 | -- | $113,900 -10.5% |
| 2012 | -- | $127,300 +1.6% |
| 2011 | -- | $125,350 +1.6% |
| 2010 | -- | $123,400 +1.6% |
| 2009 | -- | $121,450 +19.7% |
| 2008 | -- | $101,442 +24.6% |
| 2007 | -- | $81,436 +32.6% |
| 2006 | -- | $61,430 |
| 2005 | -- | $61,430 -5% |
| 2004 | -- | $64,646 -29.5% |
| 2003 | -- | $91,710 +2.3% |
| 2002 | -- | $89,682 +2.3% |
| 2001 | -- | $87,656 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: New Northwood
Nearby schools
GreatSchools rating
- 2/10Walter P. Carter Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Mergenthaler Vocational-Technical High SchoolGrades: 9-12Distance: 1.1 mi
- 9/10Baltimore City CollegeGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Baltimore City Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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