OFF MARKET CITY (ST JOSEPHS) 3 BED / 1 BATH ROWHOME – $75K START PRICE

3 Beds / 1 Baths β€’ 1,176 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1925
  • 1176
  • 2000

Description

πŸ”₯ OFF-MARKET VALUE-ADD OPPORTUNITY – ST. JOSEPH’S / MORLEY ST πŸ”₯

πŸ“ 39 S Morley St, Baltimore, MD 21229

πŸ’° Starting Price: $75,000

πŸ“ˆ ARV: $235,000+

🏠 3-Story Brick Rowhome | 3 Bed | 1 Bath

This is the kind of deal investors make money on β€” low entry price, solid structure, and multiple profitable exit strategies in a proven West Baltimore resale and rental pocket near St. Josephs Park.

Whether you’re looking for a straightforward flip, a cash-flowing rental, or a light-to-medium rehab BRRRR, this property checks the boxes that matter most: layout, basement access, outdoor space, and upside.

🏚 Property Highlights

  • 3 full stories β€” ideal layout for resale or long-term rental
  • 3 bedrooms / 1 bathroom
  • Unfinished walk-out basement β€” perfect for storage, laundry, or value-add potential
  • Covered rear deck + fenced backyard
  • Solid brick construction
  • Plaster walls (old-school durability)
  • Quiet residential block close to parks, commuter routes, and neighborhood amenities

πŸ’‘ Why This Deal Works

  • $75K basis leaves ample room for rehab, holding costs, and profit
  • Strong resale comps support $235K+ ARV
  • Excellent rental demand in the area for renovated 3-bed units
  • Simple cosmetic + systems upgrade can unlock major upside

πŸ“Š ARV Support

  • 75 S Morley St – $232,300 (8/27/25)
  • 33 N Morley St – $245,000 (11/24/25)
  • 3323 W Caton Ave – $205,000 (4/30/25)

At this price point, the risk is in your favor β€” cheap enough to win as a flip, safe enough to hold as a rental.

Estimated Spread

  • ARV $235,000
  • Price $75,000
  • Spread $160,000