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    2117 Penrose Ave Baltimore, MD 21223

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    For Sale
    $95,000

    Two-story townhouse in Penrose neighborhood, tenant-occupied, near amenities.

    Lot size:
    0.03 Acres

    Property Features for 2117 Penrose Ave

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1920

    Source: Samson Properties Agent Ruth Layne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Penrose Townhouse Near Amenities

    Located in the Penrose neighborhood, this two-story townhouse offers convenient access to essential amenities and presents a strong investment opportunity. The property is currently tenant-occupied, making it suitable for investors seeking rental income. Its location provides access to healthcare, shopping, and dining options, with Grace Medical Center, Westside Shopping Center, and Mt. Clare Junction nearby. The West Baltimore MARC Station is also located within minutes of the property, offering commuter-friendly transportation. The Franklin-Mulberry Expressway provides a connection to downtown Baltimore and surrounding areas.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6507595
    Latitude
    39.2909634

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    FAQs

    What type of property is this?
    Specialty property - Two-story townhouse in Penrose neighborhood, tenant-occupied, near amenities.
    Where is this specialty property located?
    The property is located at 2117 Penrose Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Strong Investment Potential: Tenant-occupied, providing immediate rental income.; - Prime Location in the Penrose neighborhood with easy access to amenities.; - Convenient Transportation: Minutes from West Baltimore MARC Station.
    (443) 602-0394
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    Baltimore, MD 21223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2117 Penrose Ave Baltimore, MD 21223
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