Property Description

1412 Poplar Grove St, Baltimore, MD 21216

Brick Detached Home at 32% of ($245K) ARV

Finding a freestanding brick home under $80K in Baltimore is rare.

This property is classified as a townhouse, but it no longer shares a wall with another structure. The adjoining unit was demolished years ago, leaving a true standalone brick home with windows on all four sides, stronger curb appeal, and no party walls. You are acquiring detached-home value at a row home price.

At $78,890 — 32% of ARV — there is room to renovate, carry, and still walk away with a healthy margin.

This is not a heavy structural project.

The home has been well maintained and needs updating — paint, flooring, kitchen, bathrooms, fixtures, and general modernization. The layout is already there. The structure is solid. This is a value-add project, not a rebuild.

WHY THIS DEAL WORKS

Buy at 32% of ARV

• Purchase: $78,890
• ARV: $245,000
• Plenty of room for rehab, holding costs, and profit.

Detached Home Appeal Originally built as a semi-detached, the neighboring structure has been removed. The result is a freestanding brick home with natural light on all four sides and no shared walls. At resale, that distinction commands a premium — and you are not paying for it at acquisition.

Large Footprint

• 1,540 sqft above grade
• 720 sqft full basement (mostly unfinished, partially paneled)

The basement offers storage, utility space, or future finishing potential depending on your exit.

Manageable Scope The property has been cared for. Updates needed:

• Kitchen
• Bathrooms
• Paint
• Flooring
• Fixtures
• General modernization

No indication of structural issues or major mechanical surprises.

Flexible Layout A second-floor kitchenette provides options for a rental hold, roommate configuration, or in-law setup. It can also be removed for a traditional resale layout.

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 1.5 Bathrooms
• Freestanding brick home — no shared walls
• 1,540 sqft above grade
• 720 sqft full basement
• Second-floor kitchenette
• Built-up roof
• Built: 1915
• R-6 Zoning
• Baltimore City

THE NUMBERS

• ARV: $245,000
• Price: $78,890
• ~32% of ARV

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54876247699

If multiple offers are received, we will request best and final from the top buyers only.

Cash or hard money. Closing with RESE Title.

Submit Offer Here