SELLER FINANCING MAY BE AVAILABLE. Investment Opportunity in a Prime East Baltimore Rental Corridor!
Expand your investment portfolio with this cash-flow opportunity located just minutes from Johns Hopkins Hospital, Northeast Market, and Patterson Park. For investors looking to scale, the neighboring investment property at 2316 E Madison St (MLS# MDBA2220718) is also available—purchase one or both to create a strong Baltimore rental portfolio.
2221 Jefferson St underwent a comprehensive renovation in 2011, including all new roofing, framing, drywall, hardwood flooring, electrical, plumbing, kitchen, bathrooms, and other major systems. Today, the property primarily needs a deep cleaning, fresh paint, and minor cosmetic repairs to be rent-ready or move-in ready.
Investors may also explore additional value-add opportunities, including the potential for a future rear parking pad (buyer to verify feasibility and approvals). A more extensive renovation strategy could push the after-repair value to $250,000+.
The surrounding neighborhood continues to experience steady revitalization, with numerous renovated homes and ongoing investment throughout the area. Projected long-term rental income exceeds $1,700/month (based on comparable MLS and Zillow rental data), while furnished mid-term rentals (90-day minimum) are projected at $2,000+/month based on Furnished Finder market data.
Whether you're looking for your next rental property, a value-add project, or an affordable opportunity to own near some of Baltimore’s largest employment centers, this property offers tremendous upside.
Property is being sold strictly AS-IS. Cash, private money, or renovation financing only. The property is not expected to meet FHA appraisal and financing requirements. All systems are currently operational and functioning as intended.

• Status: Pending
• MLS #: MDBA2220578
• Days On Market: 22
• Taxes: $3125 / 2025
• Property Type: Residential
• Year Built: 1910
• Lot Size: 0.03 / 1306.8
• InteriorFeatures: Floor Plan - Open, Wood Floors
• Courtesy of: EXP Realty, LLC

Property Information

• Accessibility Features: None
• New Construction: No
• Roof: Flat, Rubber
• Structure Design Type: Interior Row/Townhouse
• Style: Traditional
• Levels: 2
• Property Condition: -

Community

• County: BALTIMORE CITY-MD
• City: BALTIMORE
• Zip: 21205
• Subdivision: CARE

School

• School District: BALTIMORE CITY PUBLIC SCHOOLS
• Elementary School: -
• Middle School: -
• High School: -

Amenities

• Property: Residential
• MLS: PENDING-BRIGHT
• Acres: 0.03
• Status: Pending
• Basement: Yes
• Year Built: 1910
• Lot SQFT: 1306.8
• Lot Size Units: Square Feet
• Structure Design Type: Interior Row/Townhouse