This is more than a home - it's your first investment move. Welcome to 2415 E Madison Street, a perfectly located 3-bedroom, 1.5-bath property that gives new buyers and future investors a rare chance to enter the market at a price that still makes sense. Located just minutes from Johns Hopkins Hospital, this home was previously a long-term rental and is now primed for a buyer who wants to own affordably, generate equity over time, and build a rental portfolio without starting at half a million dollars. Here's where it gets real: This property qualifies for multiple Baltimore City grant programs - including: Live Near Your Work First-Time Homebuyer Assistance Pair that with seller support to help you close, and you've got one of the lowest-cost entry points into real estate in a high-demand corridor. Inside, the layout is clean and functional - three true bedrooms, a convenient half-bath on the main level, and a backyard ready for small upgrades. With minor updates, this property can easily become your starter home or your first cash-flowing rental. Whether you're buying to live in now and rent later, or planning to lease from day one, this property checks all the boxes: location, price point, future value, and low barrier to entry. Own smarter. Build slower. Stack equity faster. 2415 E Madison is your first "yes" in the real estate game - and it won't last long.
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 1 Dimensions: 10' x 10'
- Bedroom 2 Dimensions: 12' x 9'
- Bedroom 3 Dimensions: 10' x 8'
- Bedroom 1 Level: Upper 1
- Bedroom 2 Level: Upper 1
- Bedroom 3 Level: Upper 1
- Bedroom 1 Features: Flooring - Carpet
- Bedroom 2 Features: Flooring - Carpet, Skylight(s)
- Bedroom 3 Features: Flooring - Carpet
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Carpet
- Kitchen - Eat-In
- Kitchen - Table Space
- Recessed Lighting
- Skylight(s)
- Upgraded Countertops
Appliances
- Built-In Microwave
- Dishwasher
- Oven/Range - Gas
- Refrigerator
- Stainless Steel Appliances
Other Rooms
- Full Bath Level: Upper 1
- Half Bath Level: Main
- Laundry Level: Main
- Utility Room Dimensions: 20' x 11'
- Utility Room Level: Lower 1
- Utility Room Features: Basement - Unfinished
- Living Room Dimensions: 16' x 11'
- Living Room Level: Upper 1
- Living Room Features: Flooring - Luxury Vinyl Plank
Heating and Cooling
- Cooling Features: Ceiling Fan(s)
- Heating Features: Forced Air
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Level: Main
- Kitchen Dimensions: 12' x 11'
- Kitchen Features: Countertop(s) - Quartz,Flooring - Luxury Vinyl Plank,Kitchen - Eat-in,Kitchen - Gas Cooking
- Kitchen Level: Main
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 910
Garage and Parking
- Parking Features: On Street
Home Features
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: BALTIMORE CITY PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 960
- Source Listing Status: Active
- County: BALTIMORE CITY
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: MILTON-MONTFORD
- Postal Code Plus 4: 1705
- Subdivision: MILTON-MONTFORD
- Township: Baltimore City
Building and Construction
- Total Square Feet Living: 1007
- Year Built: 1920
- Above Grade Finished Area: 1007
- BelowGradeFinishedArea: 0
- Below Grade Unfinished Area: 504
- Construction Materials: Brick
- Levels: 3
- Property Age: 105
- Levels or Stories: 3
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1511
- Total Below Grade Area: 504
- Architectural Style: Colonial