$499,000

816 NEWINGTON AVE, Baltimore, MD 21217

  • 4 beds |
  • 4 baths |
  • 2,440 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $205/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Welcome to 816 Newington Ave — a rare opportunity to own real estate and not pay a mortgage the traditional way. This fully functional duplex is more than just a home; it’s a smart financial move for the buyer who wants income, flexibility, and long-term growth in one of Baltimore’s most accessible neighborhoods. Here’s why this property stands out: The upper unit features four full bedrooms, ideal for mid-term rental setups that attract traveling professionals, remote workers, or roommates looking for fully furnished space near Penn Station, Druid Hill Park, MICA, and downtown. This layout creates a consistent stream of premium rental income while still leaving you the freedom to live on-site or lease both units. The lower unit has two bedrooms and is equally appealing for tenants who want an affordable, stylish, and centrally located space. Whether you choose to live in the 2-bed or 4-bed unit, the other can cover your mortgage—sometimes entirely. Depending on your financing structure and rental strategy, this property can generate enough monthly income to offset your housing costs completely, while you build equity and gain the tax advantages of owner-occupancy. Already operating as a mid-term rental, this property comes income-ready with strong performance potential. Whether you’re furnishing the units for traveling nurses, or offering 30+ day leases for corporate professionals, this setup is ideal for buyers who want cash flow without the chaos of short-term turnover. Even better? The loan is assumable. That means you could step into lower interest rates than what the current market offers—creating real monthly savings from the start. In today’s rate environment, that’s a strategic advantage few listings can offer. 816 Newington is perfect for: First-time buyers who want to house hack and build wealth Investors expanding their portfolio with strong rent-to-price ratios Families looking to stay close—but not too close—with separate units Buyers who want income, tax benefits, and long-term appreciation without sacrificing lifestyle Located just minutes from Druid Hill Park, Station North, Penn Station, and the major commuter routes into downtown and beyond, this property sits in the heart of where Baltimore is growing. If you're ready to live smarter, not harder—and want a path to homeownership that builds your net worth instead of draining your bank account—816 Newington Ave is your next move. Reach out to learn how to assume the current loan, run the numbers on potential rental income, or explore grant options if you plan to owner-occupy.

Listing Status:
Active
Listing Office:
EXP Realty, LLC : 8888607369
Listing Agent:
Lauren Melissa DiMartino : 8503813888
MLS ID:
MDBA2177200
  • General: 2nd KitchenBathroom - Stall ShowerBathroom - Tub ShowerCarpetCombination Kitchen/DiningFloor Plan - TraditionalKitchen - Eat-InRecessed Lighting
  • Rooms: Bedroom 2Bedroom 1Bathroom 1Bathroom 2
  • Appliances: DryerExhaust FanOven/Range - GasRefrigeratorStainless Steel AppliancesStoveWasherWaterHeater
  • Laundry: Washer In Unit
  • Basement: Fully finished
  • Flooring: CarpetCeramic tileVinyl
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: Other

This listing courtesy of Lauren Melissa DiMartino, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Eager Howard Elementary School

2011 Linden Ave, Baltimore, MD, 21217

Grades PK-5

0.15 miles away

M

Mount Royal Elementary/Middle School

121 McMechen St, Baltimore, MD, 21217

Grades KG-8

0.55 miles away

R

Renaissance Academy

1301 McCulloh St, Baltimore, MD, 21217

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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