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.
New Northwood, located between York Road and Loch Raven Boulevard, is a residential and academic Baltimore neighborhood with leafy streets and mid-century brick homes. The neighborhood’s character concentrates around the Johns Hopkins University Homewood campus edge near Wyman Park Drive, where bike traffic, campus footpaths, and coffee-window energy set the pace. Stone-and-brick apartment buildings mix with tidy colonials, giving the blocks a composed, collegiate feel. The Baltimore Museum of Art and the Hopkins campus quads act as cultural anchors for everyday routines. Wyman Park’s trails and open lawns shape a walk-and-run rhythm along the neighborhood’s western side.
Provided by Walk Score and Local Logic
Offer insights
4640 Marble Hall Rd · $229,000
$231K and above
75% chance or better to win
Why $231K+ is a strong offer
DAYS ON MARKET
29 days
The average home goes pending in 47 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Partially finished basement with connecting stairway
Bedrooms
Three bedrooms on the first upper level
Bathrooms
One full bathroom
One half bathroom
Heating & cooling
Forced air heating (natural gas)
Central air conditioning (electric)
Natural gas hot water
Exterior features
Public water and public sewer
No tidal water on the property
Home design
Interior townhouse/rowhouse
Brick construction
Parking
On-street parking
Construction
Brick foundation (brick/mortar)
Above-grade and below-grade structures
Utilities
Public water
Public sewer
Electric cooling
Natural gas for heating and hot water
Financial info
Ownership is ground rent
Electricity and solar
View estimated energy costs and solar savings for this home
Neighborhoods: The R-5 Transitional Residential Zoning District is intended for those areas that facilitate a transition from primarily single-family neighborhoods to neighborhoods that contain a wider mix of housing types.; Housing types: The R-5 District is meant to accommodate single-family units in both detached and semidetached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments of a moderate density.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Baltimore, MD • 21239
Average low and high temperatures (°F)
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89
73
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66
77
62
68
49
57
41
43
29
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Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4640 Marble Hall Rd
$229,413
$413 over list price of $229K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $197K to $275K.