tomo logo

$315,000

Beds
6
Baths
2.0
sq ft
3,116

514 E 41st St, Baltimore, MD 21218

514 E 41st St

BALTIMORE, MD 21218

  • <1 day on market
💰 LIVE HERE AND MAKE MONEY! 💰Welcome to 514 E. 41st Street – a rare opportunity in the heart of Waverly/Pen Lucy. Whether you're a savvy investor or looking to live in one unit and rent the other, this spacious, well-maintained duplex with bonus expansion potential checks every box--Two Income-Producing Units + Room to Grow. This beautifully preserved home offers two fully functional units with central air and separate utilities, ensuring comfort, privacy, and easy management. Lower-Level Unit Includes: 2 Bedrooms | 1 Bathroom, Bright, spacious kitchen, Generously sized living room and formal dining room, Dedicated utility room with washer/dryer hookup, Direct access to a large backyard, perfect for relaxing or entertaining. Upper-Level Unit Features: 4 Bedrooms | 1 Bathroom, Full kitchen with pantry, Comfortable living room and additional sitting area, Separate entrance to the backyard. Bonus Alert: A third, unfinished floor is waiting for your vision—convert it into a third unit, a luxury primary suite, or use it for extra storage. Plus, the large basement houses separate BGE meters and offers even more space for storage or future use. Perfectly positioned near Johns Hopkins University, Loyola University, and Morgan State University, this property is ideal for attracting student renters, faculty, or professionals looking for easy access to everything Baltimore has to offer.. Whether you're looking to generate passive income, build equity, or both—514 E. 41st Street is the investment you've been waiting for. Property is currently tenant-occupied. More photos available upon request.

Details

Property type

Single Family Residence

Est. home value

$304,390

Lot size

5,875 sq ft

Price per sq ft

$102

Year built

1915

Annual property taxes

$3,774

HOA

No

Price History

04/07/2025
Bright

Bright #MDBA2160814

Listed
$315,000
+3.45%
10/15/2024
Bright

Bright #MDBA2120542

Removed
$304,500
07/20/2024
Bright

Bright #MDBA2120542

Price change
$304,500
-1.62%

Schools & Community

Neighborhood: 

Pen Lucy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

June 2007

Original loan amount

$76,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Credit Line (Revolving), 30 year

Seller

Charmaine H Nalty

Lender

Wachovia Mortgage Corp

Loan start date

February 2007

Original loan amount

$126,630

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Purchase Money Mortgage, 30 year

Seller

Charmaine Nalty

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/08/2025 at 4:30 AM

Listing updated: 04/07/2025 at 12:46 PM

Listed by: Jennifer L Marsh, Cummings & Co. Realtors Phone #: (410) 823-0033

MLS: Bright #MDBA2160814

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