An Arlington Callaway Ashburton Investment Gem with Timeless Character Welcome to 3706 Chatham Rd. , an extraordinary opportunity in the sought-after Arlington Callaway neighborhood of Northwest Baltimore City that may very well represent the single best value for an investment property on the market today. This massive colonial sits on an oversized lot of nearly half an acre and offers exceptional flexibility—renovate it into a grand 5–6-bedroom single-family showpiece for top-of-market resale, or maintain its current configuration of three fully self-contained, separately metered units for a high-yield, multi-income rental portfolio. With an After Repair Value (ARV) estimated well over $550,000 and strong buyer and renter demand in this established neighborhood, the upside here is undeniable. While the home has sustained water damage from prior tenants and will require a substantial renovation, it retains rare period details—elegant crown molding, intricate inlaid hardwood floors, and the original staircase and banister—that provide the ideal foundation for a premium restoration that will stand out in the marketplace. Investors will appreciate the property’s prime location—less than 10 minutes to I-83, Sinai Hospital, Baltimore City Community College, Mondawmin Mall, Maryland Institute College of Art (MICA), University of Baltimore, multiple Metro stops, and the Light Rail, with easy access to I-95, Downtown Baltimore, and BWI Airport. Whether your strategy is a quick value-add flip with a significant equity spread or a long-term hold generating stable rental income, this property offers multiple exit strategies and the potential for an exceptional return on investment. Owner-occupants with vision can also seize this opportunity using a 203(k) or HomeStyle renovation loan to create their dream home while building equity from day one. Offered strictly as-is, this property is a rare blend of scale, location, and historic charm—schedule your showing today before another investor locks it up.
1 year ago• May not reflect the current state of the home
Christine Verdin
Redfin Associate agent
Sale history for 3706 Chatham Rd
Date
Event
Price
BRIGHT MLS #MDBA2208754
Aug 21, 2026
Listing Removed
—
Jul 25, 2026
Listing Removed
—
Jul 20, 2026
Price Changed
$549,900
$228/sq ft
Jun 10, 2026
Listed
$599,900
$249/sq ft
Public Records
Nov 6, 2025
Sold
$210,000
$87/sq ft
BRIGHT MLS #MDBA2179672
Sep 29, 2025
Sold
$210,000
$87/sq ft
Sep 11, 2025
Pending
—
Sep 7, 2025
Relisted
—
Aug 20, 2025
Pending
—
Aug 19, 2025
Listing Removed
—
Aug 14, 2025
Listed
$189,900
$79/sq ft
Aug 13, 2025
Coming Soon
$189,900
$79/sq ft
Public Records
Feb 1, 1982
Sold
$47,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,098 (+0.2%)
2025
$5,087 (+6.0%)
2024
$4,798 (+6.4%)
$52,000 + $164,600
$216,600
2023
$4,508 (+6.4%)
2022
$4,239 (+0.8%)
2021
$4,203 (+0.8%)
$52,000 + $127,600
$179,600
2020
$4,168 (+1.3%)
2019
$4,113 (−0.5%)
2018
$4,132
$52,000 + $123,100
$175,100
2017
$4,132
$52,000 + $123,100
$175,100
2015
$4,132 (−2.9%)
$52,000 + $123,100
$175,100
2013
$4,255
2012
$4,255 (−0.1%)
2011
$4,260 (+15.6%)
2010
$3,684
Tax history for 3706 Chatham Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,098 (+0.2%)
2025
$5,087 (+6.0%)
2024
$4,798 (+6.4%)
$52,000 + $164,600
$216,600
2023
$4,508 (+6.4%)
2022
$4,239 (+0.8%)
2021
$4,203 (+0.8%)
$52,000 + $127,600
$179,600
2020
$4,168 (+1.3%)
2019
$4,113 (−0.5%)
2018
$4,132
$52,000 + $123,100
$175,100
2017
$4,132
$52,000 + $123,100
$175,100
2015
$4,132 (−2.9%)
$52,000 + $123,100
$175,100
2013
$4,255
2012
$4,255 (−0.1%)
2011
$4,260 (+15.6%)
2010
$3,684
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
2.5
Lot width
—
Lot depth
—
Lot size
10,080 Sq. Ft.
Year renovated
—
Sq. Ft.
2,410
Year built
1915
Style
Single Family Residential
County
Baltimore City
APN
15 222936 016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 5, 2026.
R-1
Detached Residential District
The R-1 Detached Residential Zoning District is intended for neighborhoods of detached dwellings located on lots of at least 7,300 sq ft.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Senior
Golf related
Park & open space
Oct 6, 2025 • Active
One and two family combo
Renovate the electrical service, circuits, and fixtures. Install a new air conditioning system with ductwork and a furnace. Install plumbing fixtures for water and waste, and a stove.
Electrical
HVAC
Plumbing
Remodel
Oct 6, 2025 • Active
One and two family combo
Kitchen
Remodel
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.